The Academy for Chief Executives, a leading provider of experiential business learning® facilitates groups of CEOs and Managing Directors who meet together every month to network and take full advantage of experiential learning. Part of membership is ‘The Board You Could Never Afford‘® where members take their issues to the table and discuss with their peers.
An issue discussed recently was:
“Should I accept investment from global plc and become an employee?”
The Advice from members of The Academy for Chief Executives was:
- Understand what is important to you (autonomy etc) and negotiate to retain these when the global plc invests;
- Keep control of your business (51% of shares) if at all possible, despite the global plc’s investment – that way you won’t be ‘just an employee';
- Compare the option of investment in your business with your best alternative;
- Take time to understand what’s the best, the worst and the most likely outcome from an investment by a global plc;
- If you’re an entrepreneur, don’t even consider it!
This is just a snippet of the advice given by our members. For confidentiality reasons we cannot divulge all of the advice provided – however, we do hold open meetings where guests are able to attend and experience for themselves the real power of ‘The Board You Could Never Afford’®.
To find out how you can take advantage of advice like this every month, visit www.chiefexecutive.com.