Hey guys, goodmorning. Are you preparing for very first board meeting READ THIS

Like most entrepreneurs, you know how to attract investors, develop a product, and bring it to market. But you probably have no clue how to conduct your first board meeting.

Here's their advice for preparing for your first
board meeting:

1. Don't take the hard questions to the meeting.

A common mistake entrepreneurs make--and one
we definitely made--was to think of board meetings
as the place to take really hard questions and really
difficult problems and ask for advice. Your job as CEO is to
reassure the people on your board that you are not
going to crash the plane. Always tell the truth, always say what's going on, but when there is really good news, talk about all the stuff that can gowrong--that way, your plane is never flying more than 10 degrees above the horizon."

2. Seek counsel outside the meeting.

You have great people on your board. Definitely seek their advice--but the worst time to do that is during a board meeting.

3.Create a consistent meeting structure...

One thing we got right was using the same structure for every board meeting. (We haven't deviated from our basic format for four years.) Although the content changes, the structure doesn't. Continuity makes it easier for your board
to follow along and be engaged.

4.Appreciate the discipline of board meetings.

We recently spoke with the founders of a hot company that had raised significant capital and were preparing for their first board meeting. We said, "Don't save up all your hard questions and present them to the board..." and they replied,
"Oh... but then what is the point of the board?" Early-stage companies that take angel money and don't form boards often get lost because they don't following the discipline of gathering up a status check-in, rolling up all the minutiae of detail into a high level explanation, and then presenting it to a group of individuals who have the power to fire
them.


IN SUMMARY:
Are an enterpreneur who has vast experience in sales and marketing of product but you are aiming for an expansion and become a top ceo of a glbal brand in the nearest future, the best time to assemble a board to govern your bussines is NOW. And the top points to take into recog are:

Discipline
Consistency
Simplicity
Appreciation and
Honesty

For full details and more information, kindly click:
Source : www.inc.com/jeff-haden/how-to-prepare-for-your-first-board-meeting.html

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