Monday, October 23, 2006

Board of Directors

Companies have board of directors. President has advisors. CEO has executive staff. Who are on your board of directors? Who is going to celebrate your victory? Who is your shoulder to cry on?

To achieve anything in life is a team sport. You may fly solo at times. But even flying solo would need people to help you get the plane ready, fuel it up and prepare you for take off. You are surrounded by other people’s creation ALL the times. Even when you are sleeping, you are wearing and sleeping on things that are created by others.

Just like running a company, you need to know what you are great at and what you are not. For the areas that you are not great at, find someone to be on your board of directors that can support and help on in those areas. Here are some areas to consider:

Products (Who are you? What will you be selling)
Marketing (How would people find out about you?)
Sales (How would you sell to others?)
Order (Who would you deliver?)
Services (Who do you keep your customer happy?)
Technology (IT)
Finance
People (HR)
Legal
Partners (Who else can help you in addition to your board of director?)

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