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Belinda's Tuesday Tip 28 – Part 1 of The CEO is You and Building Your Board of Directors – Why You need a Board of Directors In Your Business
This is a 3 Part series – The CEO is You and Building Your Board of Directors. In these 3 series, we will cover:
- What is a Board of Directors?
- What is their Purpose?
- What does that mean to You?
- 6 Different Groups of People that you would want to have on your Board.
“To grow your organization, it becomes essential to take perspectives from people who already have the experience in building a successful business, so that you can avoid the hurdles which they have gone through.”
Episode Summary –
In Part 1 of the three series, I talk about the role of Board of Directors in your business.
Whenever we talk about a Board of Directors, we think it is only for big organizations, but that is not true.
If you think you don’t need a Board of Directors in your business, it costs your business's growth.
Snapshot of the Key Points from the Episode:
[01:33] It doesn’t matter at what stage your company is Board of Directors are required for you.
[03:03] Do you need to pay a Board of Directors?
[04:01] Why do you even need a Board of Directors for Yourself?
[04:57] What is the role of a Board of Directors?
[06:22] How insights from the advisory board have helped me sail my business smoothly during the pandemic?
[07:40] One thing people get hung up when they start to think where they can get help from.
[09:32] How can you be accountable for your customers and build loyal followers for your business?
[11:59] How having a Board of Directors can help you in maximizing your business growth?
[13:56] How having a mentor helped me when I was starting my business?
About the Host –
Belinda Ellsworth is a Speaker, Trainer, Best-Selling Author, and Podcaster
She has been a professional speaker, mover, and shaker for more than 25 years. Having built three successful companies, she has helped thousands of entrepreneurs make better decisions, create successful systems, and build business strategies using her “Four Pillars of Success” system.
Belinda has always had a passion and zest for life with the skill for turning dreams into reality.
Over the last 20 years, she has been expertly building her speaking and consulting business, Step Into Success.