6 Ways Start-up Founders or CEOs Can Keep Themselves Accountable
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The document provides 6 ways for startup founders and CEOs to keep themselves accountable: 1. Separate the CEO and chairman roles to foster good governance. 2. Recruit an advisory board to provide complementary skills and expertise outside one's own comfort zone. 3. Recruit a peer group of other entrepreneurs facing similar challenges to get feedback. 4. Find an individual coach through the International Coach Federation to get one-on-one coaching sessions. 5. Privately commit startup goals in writing for the next year and future to stay accountable to long-term vision. 6. Find a venture capitalist or angel investor partner with caution as a bad partner can cripple the business while a good one can
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6 Ways Start-up Founders or CEOs Can Keep Themselves Accountable
- 1. 6 WAYS START-UP FOUNDERS OR CEOS CAN KEEP THEMSELVES ACCOUNTABLE WWW.FANATICALL.COM
- 2. CHAIRMAN ROLE #1 SEPARATE THE CEO FROM - Growingtrendinpubliccompaniesand increasinglyrecognizedasawaytofostergood governance. - Ifacompanyhasseveralco-founders,onecan taketheCEOpositionwhileanotherthe Chairmanship.
- 4. ADVISORY GROUP #3 RECRUIT A PEER - Getfeedbackfromotherentrepreneursfacing similarchallenges. - WashingtonDCbasedNetcitoisexampleofone thatwhichconvenesmonthly.
- 5. COACH #4 FIND AN INDIVIDUAL - InternationalCoachFederationclaimsthousands ofmembersandmanyarelistedontheirwebsite. - CapitalHealthCoachECNmakescoaches availabletelephonicallyandforaslittleas$40you canhaveaone-on-onesessionwithawellness coach.
- 6. TO WRITING #5 PRIVATELY COMMIT YOUR GOALS - Sitdownannuallytoprivatelywriteyourstartup’s goalsforthenextyear. - Writealetterfromyourfutureself,fiveyearsout,to yourcurrentself- makesyoumoreaccountableto yourlong-termvision.
- 7. ANGEL INVESTOR #6 FIND A VENTURE CAPITALIST OR - Donewithcautionasitcomeswithstrings attached. - Badinvestmentpartnercancrippleyour business. - Goodinvestmentpartnercanhelpyour businesssoar.