4min chapter

How Leaders Lead with David Novak cover image

#157: Liz Elting, Cofounder and former CEO of TransPerfect — Develop a bias toward action

How Leaders Lead with David Novak

CHAPTER

Building a Partnership and the Importance of a Shareholders Agreement

This chapter delves into the founders' early days as partners, their shared commitment to building a language solutions company, and the challenges they faced as 50-50 owners without a clear decision-making process. They highlight the need for a shareholders agreement and a non-compete between partners.

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