Double Team Your Fiduciary Assignments
I have followed this practice for over 20 years and continue to train next generation General Partners today. I have always brought new team members into my firm with the following statement:
“There are no shortcuts in this business. Venture capital is an apprenticeship. I am willing to teach you, and hopefully you will rise to the challenge and learn.”
Practical Advice: How to Be a Good Board Member
“Ye will surely say unto me this proverb, 'Physician, heal thyself'.” Luke 4:23
This proverb from the New Testament invites those who proffer expertise to prove their convictions by incorporating the same solutions they offer to others in their own practice.