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Directors Aren’t Just Titles – Here's the Legal Reality

Bringing on another Director - it feels like a relief, right?   

 

Someone to share the pressure. Someone to help shoulder the weight. Someone you trust or at least want to trust - stepping into the business to help you grow.  

  

But here’s the truth most owners overlook:   

  

Bringing on another Director isn’t just a handshake and a title. It’s handing over real power: legal, financial, and cultural.  

  

And if you get it wrong, you could end up:  

- Trapped in a business partnership with the wrong person. 

- Fighting over decisions, direction, or dollars. 

- Picking up the pieces of team fallout or damaged reputation. 

- Or worse... facing financial and legal liability because you ignored the red flags. 

  

In the latest episode of the Ignite Podcast, we'll cover:  

- The hidden risks of appointing a Director too early, or for the wrong reasons, that most owners don’t see until it’s too late. 

- Shareholder vs Director... what each role really means. 

- How a “try-before-you-buy” approach can protect everything you’ve built. 

- What to look for before giving someone power in your business. 

  

Because when you hand someone the keys, and they’re not the right fit...  

  

...the damage can ripple through your team, your profit, your culture, and your mental bandwidth.   

  

I've seen business owners lose trust, momentum, and even clients over one wrong call at this level.  

  

The wrong Director doesn’t just slow growth…  

  

They can undo everything you’ve spent years building.  

  

But when done right?  

  

The right Director helps you scale faster, free up your time, and build something truly sustainable, without it all sitting on your shoulders.  

  

Before you jump into any big decision, give this episode a listen. It might just save you years of clean-up.  

  

Click Here to watch the video. 

  

Click Here for the podcast episode. 

  

To your success 

  

Josh 

  

 

PS: I you haven’t already, grab your copy of my new book – Profitable Engineering Consultant – 9 Strategies To Grow With Confidence, Get Your Time Back & Consistently Hit 30% Plus Net Profit Margins – Grab your copy – Click Here

  

   

 

PPS: If you’re interested, here are 4 ways I can help you right now: 

  

  1.  Subscribe to our podcast | Looking to grow your consultancy? Our weekly podcast is packed with the latest tips, tricks and strategies. Learn how to run a more efficient business and scale successfully – no fluff, just actionable and practical advice from someone who grew a consultancy to $30M and exited successfully - Click Here to listen & subscribe now! 

  

  1.  Download our free Business Plan template that will help you build out your Business Plan & grow your business in a consistent and step by step manner – Click Here to download now 

  

  1.  Join our next online workshop – The Profitable Consultant | Learn how to build a Profitable Consultancy, that generates consistent 30% net profit margins - Register here

  

  1. 4. Book a 20-minute Business Growth Call | A short, no-obligation catch up where we can touch base and really look at where you are now, where you want to be, and then build a personalised plan together for how to get you there – Click Here
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