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Run Your Business, Don't Let It Run You by Clay Mathile

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CHAPTER 9THE GIFT THAT KEEPS ON GIVING

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Few of you would turn me down if I offered you a resource that would help you to gain market share, improve profitability, and make better decisions. Yet among the thousands of business owners I’ve met, mentored, or addressed over the years, four out of five do just that when they fail to set up an outside board.

If you ran a popcorn stand on the corner of Third and Main in Dayton, Ohio, I would still suggest that you have an outside board. By that, I don’t mean a panel of family members, paid advisors, or retirees; I mean a board made up of executives you respect—impartial outsiders actively involved in ...

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