Mistake To Avoid

Author:
Jamie Greenwood
Business:
NJL Yorkline
Published:
10/11/2008 11:14:00

Probably the biggest mistake I made when I was starting to take over the business was approaching a fellow director to take fifty percent equity. In the first few years the business faced lots of challenges which normal businesses do, but we got to the point in the boardroom where I would say left and my colleague would say right. We couldn’t resolve any issues and eventually I said to him, one of us is leaving this room; the other is leaving the business.

 

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