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How to Maintain Board and Investor Relationships
A strong relationship with both your Board and Investors will help you navigate challenging waters, avoid common pitfalls, and make the most of opportunities as they arise. Here’s how to achieve it, according to Carl Iberger. 1. Communicate Regularly & Be Transparent Communication is key to maintaining any relationship – personal or professional. Schedule regular check-ins with both your Board and Investors, whether that be weekly, monthly, or quarterly. During these meetings, provide an update on the company’s progress against its goals, as well as any challenges or risks that have arisen. By being transparent about both the successes and challenges faced by the company, you will earn the trust…