Getting the most out of your board of directors

I work with a lot of companies, some of them  have boards, but most haven’t formed their first board of directors yet.  As they venture into their first real financing and are required to put that board together, I watch them struggle with how to best utilize the group.  Early stage entrepreneurs usually fear the board, and through that fear tend to use it as a reporting tool instead of a strategy tool.  In that structure, the board members are grossly underutilized and are put in the position of being a reporting entity, which reinforces the original fears the entrepreneur had.  When Brad Feld announced that one of the books in his Startup Revolution series was going to be on this topic, I knew it would be an amazing resource for startups.

So I was thrilled when I got my copy of his newest book, Startup Boards: Getting the Most Out Of Your Board Of Directors.  I’ve read all the books in his series, and I’m sure this one is going to be just as fantastic as the rest.

If you’re an entrepreneur and you know you’re going to need to form a board of directors (or you already have one and want to better utilize them), this is a must read.