Innovation with Mark Peter Davis The Boardroom Blueprint: Maximizing Investor Relationships for Entrepreneurs
DESCRIPTION
Interplay’s Incubator Partner, Phuong and I discuss the importance of managing boards and investors effectively for entrepreneurs. We chat about how boards can either be a significant asset or a liability and provide guidance on how to ensure they are a valuable resource. It is important to carefully select board members who you trust and who have the best interests of your company in mind. Setting clear expectations, communicating transparently, and regularly connecting and nurturing the relationships are key. Phuong and I finish off the conversation chatting about how a well-structured board can be a valuable resource for entrepreneurs if best practices are followed, including making board meetings more than just updates and ensuring alignment of KPIs with the company's stage.
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