We were very inspired by this article from Victor Cheng for Entrepreneur and wanted to share it
Most entrepreneurs use the “Me, Myself and I” approach to corporate governance: I am the sole shareholder. I vote myself to be the sole board member and as a board member, I hire myself to be the CEO.
This certainly provides the ultimate in control, but entrepreneurs taking this approach are missing out on the benefits that Fortune 500 counterparts with their own boards are using to their advantage…
Read the rest by clicking here.