7 Strategies to Build a Powerful Board to Drive Startup Success with Joe Leech, Coach to CEOs

Understanding VC

12-10-2023 • 53 mins

In this episode you will learn:

00:00 - Introduction: The Essence of Startup Board Roles

00:34 - Board Governance vs. Decision-Making: An In-depth Exploration

00:37 - Understanding the Board of Directors and Their Vital Duties

10:25 - The Optimal Timing for Establishing a Business Board

16:50 - Defining 'Board Chairperson,' 'Board Observer,' and 'Non-Executive Board Member'

22:50 - Founder or Investor as Chair: A Crucial Decision and Its Rationale

23:55 - Finding the Right Board Size for Early-Stage Startups and Its Significance

27:00 - Strategies for Assembling Your Startup's Dream Board

31:40 - Red Flags to Watch Out for When Building Your Board

33:30 - Ideal Dynamics Among Board Members: A Guide for Startups

36:10 - Effective vs. Ineffective Communication Practices Between Founders and Investors

39:55 - Smooth Sailing Through Board Meetings: Best Practices

47:40 - The Mystery of Board Packs and Their Purpose

About
Joe is a coach to CEOs. He works with CEOs at start-ups, high growth to IPO to public companies to the big exit; helping define what it means to be a leader, how to create impact, how to grow alongside the business and how to change the world all while enjoying every part of that journey. Joe is a recovering neuroscientist, then a spell as an elementary school teacher as well as 15 years in tech, $20b in revenue, experience with 30+ startups & FTSE / Fortune 100 giants.