The world’s largest shipping company has 2 dire warnings for the global economy

The world’s largest shipping company has 2 dire warnings for the global economy Maersk is warning about two important parts of the global economy. In its earnings results on Friday, the Danish shipping conglomerate, which is the world’s largest, restated its expectation for declines across most of its businesses this year. And it warned about the damage that changes to US trade policy could cause to the global...
Entrepreneur: What an Advisory Board Is (And What It Isn’t!)

Entrepreneur: What an Advisory Board Is (And What It Isn’t!)

If you are a startup that failed to secure investors or simply have chosen to retain 100% of your equity, as a startup, you don’t benefit from the guidance and mentoring that investors provide (yes, qualified investors don’t just write a check!). If you are an established company that has not yet retained a board of directors or are prone to the inherent entrepreneurial obstinacy, you don’t benefit from regular peer reviews from people outside of your company. Every business needs experts in their corner to thrive! There are several factors to consider but an advisory board might be right for you. After all, it does take a village to raise an entrepreneur!   Here are 3 things that an Advisory Board isn’t: A List of Names to Drop: An advisory board is not a list of names to collect to look good like extra-curriculum activities on a college application. Welcome to entrepreneurship! Having conversations with so many startups, invariably they present me with long collections of names and titles that would have Slack or 21 blush! Yet their value proposition has not been thoroughly validated, their execution plan, if any, is full of gaps and their financial projections are, at best, unrealistic.   You are by definition looking for Advisory Board Members who will help you grow your company. In some way, shape or form they will augment your management team skills. Some will possess experience and expertise in the areas of business that your team lacks. Some will have a valuable Rolodex that will be helpful to your operation, strategy or marketing efforts. Others will challenge your...