board Archives - The Grassy Road

Why you need a CEO on your board when you are the CEO

One of the first decisions an entrepreneur needs to make once she has raised money for her great new idea is to build a board. This is a conscious act. Yes, your investors probably have board seats, at least the lead investor will. If your investors are angels maybe 2 or 3 of them have demanded to be on your board. But beyond this crew you owe it to yourself to step back and think about who do you want on your board to help you build your company. It [...]

Open Letter to CEOs: Manage Your Interaction With Your Board!

Posted in Inc today So you're the new CEO of your own company. You're living the dream! You've thought through the pros and cons of being a CEO and you've got your first round of venture capital funding. This means you also have a board to manage, which can be a minefield for you. So how to navigate the minefield? To begin, you must create a well-organized board meeting. Use my Top 10 tips to run a board meeting as a starting point but once you have the logistics down, [...]