Choosing Your Board Members

07/28/2016 05:23 to watch
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You should be as thoughtful about picking your board members as you are about picking your co-founders. You want a set of people with whom you really want to engage and work. Be deliberate about building your board and managing the expectations of the interactions.

Suggested Readings

Founders School || Startup Boards || Choosing Your Board Members || Impact Guide (PDF).

Katherine Gammon. “How To Create A Company That Won't Fail? Put Women On Your Board.” Fast Company. Magazine article, August 9, 2012.

Evangelos Simoudis. “Selecting the Right Independent Board Members for your Startup.” Scalable Startups @ UC Berkley. Blog post, October 16, 2013.

Questions for You

Who should be on my board?

How can I create diversity on my board?

What skills and characteristics should I look for in board members?

Have I noticed any possible red flags with the people I’m thinking about adding to my board?

Can potential board members explain and understand my business?

Tools and Exercises

Make a list of the characteristics and skills you want on your board. Name the people you know or people you wish you knew with those traits. Build out what your ideal board would look like.

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