A-Players Only 003: You Must Set Up A Board ASAP

You Need A Board Sooner Than You Think // A-Players Only Episode 3

 

The CEO role is the loneliest position in any company. And outside of your spouse or close friends, frankly, there aren’t many places for a chief executive to turn for reliable guidance and advice - except their board of directors. A properly constructed board can provide an invaluable support mechanism that helps CEOs navigate even the toughest decisions facing their companies. 

 

In this episode of A Players Only Podcast, your host Chad Brown is joined by Mark Edwards. He learned a lot from interfacing very regularly with public board members, both internally through acquisitions and raising a venture fund, and actually ended up going on more than 35 boards over the last three decades.

 

Mark and Chad will talk about the importance of board composition, and how it should complement the interests of all members. Mark also gives an example of a company that uses this approach to support its leadership team while conserving cash.

 

Key points of this convo:

-What is the purpose of a board?

-When do you start considering a board for your organization?

-Why do Founders fear the Board?

-The benefits of a board

-Negotiation with board members

-Who do you invite to be on your board & how do you make that decision?

-How to foster commitment and connection to your vision & your core values to your board?

-Advice to Founders

 

Have you taken the negotiation quiz yet? It takes just a few minutes to discover what type of negotiator you are. https://negotiation.takenewground.com/

 

Do you want to connect? 

Connect with Chad Brown:

https://www.instagram.com/chad.leslie.brown

https://www.linkedin.com/in/chad-brown-477a7015

 

Connect with Mark Edward:

https://founder911.com/

http://www.virtupartners.com/

https://www.linkedin.com/in/markrevealed/