1. Don't look far. You shouldn't have to search far and wide to find members for your board. Be fearless on getting advice on those who would make a valuable advisor or that you may want to be an advisor
2. Choose confidants - trustworthy, you can be open with, & shows discretion
3. Map out your expectations - why is that advisor important to you and are there benefits (pay, networking, or experience) for them
4. Determine the size of your board - start smaller and add on. Board Advisors may be able to recruit additional board advisors that you otherwise may not be able to recruit on your own
5. Prepare for meetings w/clear expectations on outcomes or challenges you are facing. Keep it enjoyable -
6. Stay in touch - some of most productive work/advice is outside larger meetings
7. Distribute your business plan / materials well in advance for review and to gather insights before larger Board meetings
8. Create actionable short-term goals that are achievable - keep the momentum moving forward. Advisor want to be part of progress.
Luck favors the bold - now pickup the phone and call that person you know that could be of help with your business and ask them how they think you could help improve your business. You'll be surprised at just how flattered people are to be asked and that your view their opinion as very important, and how much they'll want to help you and your business succeed.
Matt Carrington - WBV Ventures
Grow Together
You've built your business from the ground up. Now it's time to grow alongside a larger supporting community that wants to see you succeed
