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The key to any useful information always had been and always will be experience. The challenge for established companies is how to tap into that experience. It can be done.

Good sources of peer to peer information and counsel are groups like Young President’s Organization and Vistage. I was in YPO for a long time and I found it very useful. It was also great fun. We had three billionaires in our group.

A CEO can also approach things in a bespoke manner and make a connection with a good advisory board member, a real board or a CEO coach.

The CEO of a successful business in the $5-100MM space is likely a very good businessman by the power of natural selection. He will know what he needs and find it.

One important thing is not to seek advice only in moments of crisis but to create a base line of knowledge in a long term relationship. It’s remarkably like getting married – for better or worse.

JLM
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Communitech is a great organization run by passionate people

It was good! Communitech does a good job with these events.

Unfortunately no…been on airplanes all week. Hope it was fun.

True that. Then it’s not so much a startup & more traditional principles start to apply, although you still need to subtract some, and add others.
Are you attending Techtoberfest? I’m headed there today & tomorrow.

if you can exit while a startup, then all the power to you, and thats a rare occurance btw. You’ve either grown tired of the slog…or you’ve sold your vision to someone more capable of executing and nothing wrong with that if you’re lucky enough to realize its time to move on.

The main issue for me…is there is so much available knowledge on startup principles. Startup experts everywhere…. but hard to find the dialogue around 5 – 100 million dollar (revenue) real businesses.

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Nothing is intended to suggest that any startup should not be desirous of monetizing their work in any way possible. Money is the ultimate scorecard.

During their startup days, no company should be anxious about their status as a startup. Nobody comes out of the womb knowing calculus.

This is intended to speak to the companies who find themselves with five to a hundred million of revenue and can’t remember when they stopped being a startup and became a real company.

Now they have to wear long pants with cuffs and tie shoes. And, behave like real companies.

BRC
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