I didn’t know that when my next door neighbor had a baby that I was actually supposed to deliver their baby present in person instead of shipping it to ‘em. That I was supposed to see the new kid and say hi to it and all that. Who could possibly know the etiquette?
I also didn’t know that Charles Darwin refused to eat any food that begins with the letter H. Or that everyone named Molly is a lefty. Or, that everyone in first class on the plane is sort of tall. How would I possibly know these awesome facts?
I suppose my point is that everyone needs a little help.
The way you interact with your board is no different. Not only are you allowed to ask your board members for help, you’re encouraged to do so. Ultimately the most efficient way to make it happen is to develop a system.
Unfortunately, at our first company, Moosejaw, it took us a really long time to ask anyone for help with anything. Our mindset was basically…we have no clue what we're doing so it’s likely that no one else does either. So, we just figured everything out as we went. There’s clearly a lot of value to that approach. Our staff was really resourceful…everyone sort of had to be in order to manage through all the chaos. I’m guessing there are lots of human people out there who can relate.
It wasn’t until we started working with an advisor that we realized experience matters. Let’s call our advisor Don. Mostly because that’s his name. Don taught us everything…opportunity cost, math, Texas A&M football, etc. And, to say that we drilled him with questions every week, or every day, is an understatement.
Working with Don was really great for us but we clearly had no system. Looking back, it only worked because Don was such a bad ass. To note, according to a made up study by a made up organization called the Global Advisor Group, better known as GAG, less than 1% of companies are lucky enough to get a Don.
At our second company, CrowdRise, we developed a better system for connecting with our board members and we built a better template for them to engage with during our board meetings.
The call was awesome.
Side note…is it true that bi-weekly can be twice a week or every other week? If so, who do we talk with about fixing that?
We’ve taken the best of that CrowdRise concept plus we’ve embraced feedback from about seven thousand operators and board members to build a process into Zeck that prompts you to ask questions of your board and gets your board to engage with your narrative and data more easily. That was a really long sentence.
Some quick examples:
Okay. Guessing that’s enough examples.
Two more notes just to sum this up…
Decent Humans of Zeck