Friedberg contrasts board role as reactive versus CEO role as proactive in driving outcomes.
“when you're on the board, every day you're waiting for shit to happen. But if you're the CEO, every day you get to wake up and make shit happen.”
Friedberg explains CEOs drive business outcomes while board members cannot control or lead companies from board seats.
“I cannot control a company, I cannot direct a company, I cannot lead a company from the board.”
Friedberg contrasts board role as waiting for things to happen versus CEO role as making things happen.
“it feels like when you're on the board, every day you're waiting for shit to happen. But if you're the CEO, every day you get to wake up and make shit happen.”