In 2004, Dr. Gage authored a seminal work, still one of the few of its kind, detailing the comprehensive spectrum of interpersonal, commercial, and legal considerations that partners must address in their dialogues, negotiations, and contracts. This pivotal book is titled "The Partnership Charter: How To Start Out Right with Your New Business Partnership (Or Fix the One You’re In)."
For more than ten years, Dr. Gage has served as an adjunct professor at American University's Kogod School of Business, where he imparts his wisdom in a course named “Managing Private and Family Businesses.” This course stands out as one of the rare offerings within U.S. business schools, dedicated to guiding both family and non-family partners towards nurturing prosperous and enduring partnerships.
You need someone else to look at you and say this is what you're doing right, this is what you're doing wrong
The Board helped me with accountability...
Prioritizing and focusing my time where I am really working on the business
Boards are very good at having a broad swath of industries and experience that people bring to the table
Whatever your business is, you always have to be bringing new ideas to the the table, new products, new marketing
My Board members were the only ones that were brutally honest with me about the changes I needed to make; it was the truth I needed to hear
Boards 'professionalize' my business, to learn what others were doing, and how to...make your business more organized
It's great to now have a group of individuals who can challenge me and help me avoid making the same mistakes they did
My Personal stress level today compared to prior to TAB has been reduced by 70%