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Five Huge Mistakes Startups Make When Choosing Board Members

Every startup will face the task of developing a board. This generally occurs after you’ve raised some outside capital and when the team starts to expand outside of the core founding and management team. When you are ready for this step in your businesses maturity, you’ll want the board to be engaged, informed, and reliable. These may seem obvious, but often the nomination of board members do not reflect these kind of people. To help you avoid tedious and unproductive meetings, try to avoid these five mistakes startups make when choosing board members:

  1. Wrong People On The Board
  2. Misalignment Regarding the Boardโ€™s Role
  3. A Homogeneous Board
  4. Too Many Board Members
  5. Poor Organizational Fit

To learn more about each mistake, click here: http://venturebeat.com/2013/02/10/5-huge-mistakes-startups-make-when-choosing-board-members/

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