It's 3:35 A.M. We wake up in hot sweat so wet we've soaked our Night Ranger vintage crop top right through. We had this awful dream that we were somehow fired from our own company.

"Wait. I'm the Founder — how can I get fired?"

If you own 100% of the voting stock and have no other shareholders — you can't.

Your totalitarian rule is safe, El Presidente. However, the moment we have additional shareholders in the mix, the game can change quickly.

Multiple shareholders, especially investors, typically introduce provisions in the Operating Agreement of the company that "protect" the shareholders from wrongdoing by the officers of the company.

Does that mean the janitor can initiate a palace revolt and overthrow us? Probably not. But it does m...