Chris's advice is predicated on having a good relationship with your investors. That's not always the case. If a CEO is hesitant to invest in transparent communication with investors/advisors/board, it might be worthwhile to ask him or her why not. If it's solely a case of lost opportunity cost, there are plenty of tips here on how to minimize that. But if it's a deeper issue, that deserves to be explored, too.
Chris's advice is predicated on having a good relationship with your investors. That's not always the case. If a CEO is hesitant to invest in transparent communication with investors/advisors/board, it might be worthwhile to ask him or her why not. If it's solely a case of lost opportunity cost, there are plenty of tips here on how to minimize that. But if it's a deeper issue, that deserves to be explored, too.