Entrepreneurial Governance is something of a serial-Founder's secret. First-time founders almost always do not know that, *if done well*, the Board can be an essential tool for growing a great business. Done well the Unlisted Board is an Engine of Growth not just some legal, regulatory, box-ticking exercise. Done badly it can be a ball and chain around the ankle or even a gallows that hangs the Founder in the land he created.