If you think that you can just start up any business and be successful, you are wrong. Dr. Mark Ahn has studied how startups are able to achieve their success, and he can point to some direct factors that make some successful and others fail. It is through his research that so many are able to make smarter business decisions that benefit themselves and their companies.
This individual has been able to determine that what really matters in a lot of startups is the board of directors and their communication with other employees. These top individuals should be quite talented at what they do and provide real value for the company. When the top talent is sought after like this, good results tend to happen. That means that paying up for such individuals may in fact be in the long term interest of a lot of businesses.
Management and board members should be able to communicate with one another very well to have a successful startup. Mark Ahn points to this as one of the pillars of success within a startup. A lack of communication in this area often leads to mistrust and even other problems that may not have surfaced otherwise.
He says that it is actually okay for their to be debate on certain issues between those in the company. However, the debate should be open, honest, and straightforward. If it is a healthy debate like this, then it can actually play into the growth of the company quite well. It is only when the debate gets personal, heated, and ugly that everyone needs to take a step back and reevaluate. Quite often there are bumps in the road in a startup, but that does not mean they are not worth pursuing. They are certainly something for most to explore.