4 pieces of advice for starting a business from the founder of a multibillion-dollar company

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4 pieces of advice for starting a business from the founder of a multibillion-dollar company (via CNBCMakeIt)

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But it wasn't an easy journey, insisted the founder of the nine-year-old company, who had four pieces of advice to share with other would-be entrepreneurs.First off, it's important to be honest with yourself about whether or not you're committed to a life of entrepreneurship."If you want to have a peaceful life, don't do this," said Tetrick, noting that running a business can often be all-consuming.

"Bad things will happen to you," he said, citing uncommitted employees, unsupportive investors and delayed product launches. Thirdly, establish a clear governance system to determine who in the company makes decisions and when— an advice Tetrick said he wished he received earlier. In 2017, Eat Just's entire board was replaced following disagreements with the CEO over governance.

 

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