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

Understanding VC

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.

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📍 About:

Understanding VC is a podcast that provides founders with the knowledge and resources they need to understand venture capital. Our goal is to create the best and most comprehensive resource on venture capital on the internet, so that founders can make informed decisions about their businesses and secure the funding they need to succeed.