Today’s advice comes from Robert Angulo, founder and CEO of AfterCollege, via Inc.:“I had huge ambitions. One of my co-founders agreed with me, but the other thought we were fine. He wanted us to take our time, expand as we developed people from the bottom up. But none of us had any meaningful experience as managers outside the business.”
Business owners shouldn’t let their ego get in the way with business. Just because you fostered and built the foundation for a company doesn’t mean you can’t benefit from outside help. Angulo had two partners for his company but felt things were moving slowly and that, as college graduates, he and his team weren’t experienced enough to handle all avenues of the business.
To help fuel growth, he hired vice presidents of sales, engineering, and university relations, much to one of his partner’s dismay. The new hires started making positive changes immediately, but the disagreeable partner, whom Angulo had a strong friendship with, wasn’t happy with the intrusion and decided to leave.
“Your friendship or your company: It’s a tough choice. As CEO, I think you have to choose your company. Given time, you may end up with both.”
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