Hospitality Daily Podcast

Why Hospitality Legend Edward Mady Relies on His "Personal Board of Directors"

Jun 28, 2025
Edward Mady explores the transformative concept of a personal board of directors. He emphasizes how a trusted group can guide crucial life and career decisions. Relationships evolve over time, and diverse perspectives foster sound judgment. The discussion highlights the importance of values and experiences in personal development. Mady also shares tips on creating a personal mission statement to empower success in the hospitality industry.
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ANECDOTE

Edward's Personal Board Origin

  • Edward Mady created a personal board of directors influenced by Stephen Covey's book to support his decisions and growth.
  • His board evolves over time, keeping trusted people who help him add value and steer him right.
INSIGHT

Value of Diverse Perspectives

  • You need multiple perspectives to create options and make better decisions, both personally and professionally.
  • Being trapped in your own mind is dangerous; trusted advisors help you escape and grow.
ADVICE

Maintain Your Support Team

  • Regularly evaluate your personal board of directors and replace those who no longer support your growth.
  • Keep close only those who help you add value and continue to grow.
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