I don't like boards. Or more precisely, boards of directors and the stakeholders that they need to satisfy. In running getgreenline.co and talking with various customers I'm seeing a noticeable trend: The larger the board of a company, the longer it takes to make a decision, and more time, money, and opportunity is wasted as a result.
In my experience board members require constant validation from others that they are making the right choices. There's always some level of "I own this decision/ I want this to happen because I've made the choice and I need to prove my value" even if it is an incorrect decision or a non-concern that the company now is dumping manpower and money into.
This feels like a classic case of too many chefs in the kitchen, and is partially why the bootstrap life is for me. To me, the freedom to own my choices coupled with the speed of decision making are critical in growing a business IMHO.
Perhaps I'm missing something, as this is my first time starting a business. There's always much to learn, and I would love to know what other IndieHackers thoughts are on this!