Most board meetings are a waste of time & resources.
Why? CEOs are keeping their board in the dark on the tough issues, serving up pageantry instead of honesty. Attentive cofounder Brian Long and I have been in hundreds of board meetings for Coinbase, HashiCorp, Attentive, Tap Commerce and many more over the past two decades. Here is our guide on how to turn board meetings into the most valuable three hours of the quarter.
Board meetings are superficial when you’re afraid of talking about the real issues. Revealing your company’s true challenges makes you feel insecure.
Deep down, many CEOs live in fear of their board & getting fired by them. Instead of going into the hard stuff, you flip through a pretty deck full of metrics.
💭If I only share good news, the VCs will be placated & I won’t get fired…
It's a myth: The last thing VCs want to do is fire their founder-CEO. You’re the biggest reason they believe in your company.
Learning to trust your board is the first step to running a great board meeting.
Board members should be your confidantes and collaborators. Keep them informed and engaged.
Minimize surprises. If you’re not sharing ugly truths, your board will seek them out themselves.
Your board is your strongest ally to supercharge your growth - only if you bring them in. They can:
🔭Spot obstacles early
💪Strengthen your exec suite
🤝Provide connections to customers, partners & more
Here’s Brian’s brilliant Framework and Timeline to flip board meetings into honest, needle-moving discussions.