Overlap is a Common Mistake with Organizational Structure

"Your business is in trouble when your specialists are acting as generalists" #myopinion

When it comes to organizational structure, it is essential to define clear roles without overlapping responsibilities or skill sets. Who is in charge of Operations? Marketing? Finance?  Have somebody who is the final decision maker in each area (especially when starting up).

It doesn't work if you have two people who are fantastic chefs, and they argue all the time in the kitchen over the right recipe; while nobody is monitoring the cash flow. So the team needs to be balanced with clear roles for everyone. To restate this incredibly important detail, a person who's sourcing investment should not be getting that involved in the kitchen, and the people in the kitchen should not be getting too involved in the sourcing of investment.