Sean Wise
CBC Dragons’ Den Online Advisor and Professor of Entrepreneurship, Sean Wise, offers sound advice on how to build a great management team in today’s National Post Business Solutions article. As a venture capitalist, he notes “Eighty percent of my investment decision is based on the quality of the management team.”
Wise’s 4 Step Process to Building an Effective Management Team as explained in the interview, includes:
1 – Know your own weaknesses
2 – Build a board of directors/advisors regardless of the size of the business
3 – Find people who are better than you in the areas where you are weakest
4 – Undertake the three-part Rabbinic test of partnership: the cup, the sword and the wallet.
Tags: CBC, Dragons' Den, entrepreneurship, management, National Speakers Bureau, NSB, online advisor, professor, Sean Wise, Talent
