There comes a time when board meetings become more for real. It happens gradually at first and then it happens suddenly, so we've compiled a few helpful tips to help smooth the transition.
You need to begin by calibrating our minds to the latest data on your business. Try not to use too many slides but pack every detail you can on each one. Some of our favorite slides are the ones where you feel like you have no idea what the slide even says because it's so full of great information.
Help us by covering everything, no matter how nuanced. This is, by far, the best way to maximize our ability to steer your ship.
Maximize Time With Investors
We understand your business better than anyone. It is up to you to extract as much wisdom from our minds as possible. Maximizing your time with us will make you smarter and happier.
It is important to understand your employees in deep, pedantic ways. Spend at least 20 minutes discussing company gossip with your board. This will help uncover hidden meanings in the statements of your employees and let you deal with issues earlier.
It's OK To Not Have A Plan
As rule 1 states, it's important to spend as much time with them as possible. Sometimes this means having a board meeting with no real agenda. It can be liberating to put aside 2 hours for an unstructured, free-flow of thoughts with the smartest people you know. Anything can happen, really.
Getting the hang of conducting really great board meetings is one of the best things you can do for your company. Let's start today!