Karen Rands, during her Compassionate Capitalism show will engage her featured guests on a topic important to all start up and growing companies. When a start-up founder realizes he or her needs to build a team, bring on expertise to compliment their own skills how can they identify those people, confirm they will enhance their business and at the same time, protect the business they founded. They need to know what skills are needed on his/her team, identify the right resource, then negotiate for that person to join the company and protecting the company long term.
This is important for investors considering an investment in a private company. When a company first starts out, they have limited resources and limited management structure, but as the organization grows, they add people, skills, resources. Building effective teams and the leadership of those running the company is critical to the company’s success. In the case of a key person coming on board, either as an active investor — an “Exec with a Check”, or when a key resource is brought in that may share in the equity as part of their compensation, it becomes all that more critical to make sure that there is a good mix for the personalities and to protect the company legally in the event it doesn’t work out as planned.
Guests are Kenneth Darryl Brown of E3C (www.BetterSalesandProfitsNow.com) and Hugh Massie, CEO of DNA Behavior (www.BusinessDNAResources.com) to discuss how a CEO can learn about their leadership and communication strengths and understand what to look for in potential team members. Bob Van Rossum, President of MarketPro, (www.marketproinc.com) the nation’s leading executive search and contract staffing agency specifically focused on marketing, interactive, creative and advertising talent will discuss identifying and qualifying a potential candidate for the management team. Glenn Garnes, Relationship Marketing Center, will discuss protecting your interests when bringing on partners…the subject of his new book:”Let’s Not Be Partners, Things you Must Do Before You Tie the Knot (“not”). Sure to be a dynamic show for all aspiring entrepreneurs.
Check out these investment websites: Karen’s twitter page: @Karen_Rands, www.kugarandholdings.com, www.launchfn.com, www.nbai.net, www.kyrmedia.com, www.entrepreneurblogspace.com and www.dothedeal.org
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