Studies in the USA show that less than one out of four founders remain CEOs when the business gets to a liquidity event
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It is a vital choice that entrepreneurs need to make pretty early on in their start-up journey – between enhancing personal wealth or preserving control over their companies. However, more often than not, they don’t realise it, although it could affect both their individual lives and that of their business. Many entrepreneurs often think that because it is their idea and their passion that has gotten the company started, it is always theirs to run and control. Plus, it is…