Founders must Let Go! Many founders are so attached with their company that they are unable to scale of grow their company fast enough to realize value and take it to greater levels. The challenge for the Founders is to grow the company quickly and then bring in professional management and list the company so that the risks are distributed among shareholders plus the company can raise more capital and the founders can de-risk their investment in their company. But most times company founders treat their company as the extension of their personality and like a protective parent do not let go and allow it to grow and mature. There are so enamored by their success that they suffer from myopia. Over the last 20 years I have seen companies similar in aggression and business grow, but I have found companies where founders were willing to take it to a wider investor base and also bring on board more passionate professionals succeed where as companies where the owners have h...
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