article thumbnail

Just for Entrepreneurs: How to Choose the Right Financial Adviser

Strategy Driven

Was it just to have an exit strategy sale? Instead of working with one “perfect” adviser, entrepreneurs should look for firms with diverse master-builder teams who collaborate with, and on behalf of, the client to find creative solutions that work well for the inherent complexity of entrepreneurs and their businesses.

article thumbnail

Permission to Fail

Harvard Business Review

People with unpopular ideas about risk may be eliminated or marginalized, depriving the organization of essential diversity. On the basis of both estimates, the risk is either rejected, or approved with a specific sizing algorithm, monitoring plan and exit strategy. There are strong incentives to hide or misrepresent risk.

article thumbnail

Give Impact Investing Time and Space to Develop

Harvard Business Review

This is a nascent sector where entrepreneurs and investors are still figuring out business models, developing new financial products, and proving exit strategies and exit multiples, and only a handful of players are using agreed-upon metrics for assessing social impact. First, impact investing needs time to develop.