The formal definition for a board of directors is “a team of people elected by a corporation’s shareholders to represent the shareholders’ interests and ensure that the company’s management acts on their behalf.” Unfortunately, because of all the horror stories from founders being ousted from their own companies (Steve Jobs and Apple is one of the most well-known examples), most first-time founders aren’t quite sure what to expect when building a board–let alone how to have a healthy relationship with the rest of the people around the table.

In the early days of building ThirdLove as a company, I thought of our board meetings as a place for us to report back to our investors on metrics, progress, things like that.

Over time, however, I have really learned that your board of directors is your advisory panel, your “truth seekers,” who are best positioned and most incentivized to help you talk through the stickiest, hardest questions you might have as a founder.

In order for you to leverage your board of directors in the best way possible, there are two things you need which are...https://www.successdigestonline.com/the-2-things-you-need-as-a-founder-to-have-a-healthy-relationship-with-your-board-of-directors/