How CEO Manages Investor Expectations for Long Term - J.T. Allen

In Chapter 5 of 17 in his 2011 Capture Your Flag interview, education entrepreneur J.T. Allen answers "How Do You Manage Investor Expectations for the Long Term?"  He notes the importance of casting vision, setting timeframe, and adjusting for the unexpected.  As a company that has done three iterations - or revolutions - on its strategy, he shares lessons on managing investor expectations and relationships while shifting company strategy after raising money.  J.T. Allen is the CEO and co-founder of myFootpath, a company that provides higher education online resources and call center services to help high school and adult learners choose academic programs in line with career goals.  Before myFootpath, Allen worked in strategy consulting for Ernst & Young.  He earned his BBA and graduated cum laude from the University of Michigan Ross School of Business.