Lessons from… board meetings.

I’ve got my first board meeting tomorrow.  18 months into the business and we’re FINALLY getting around to having all the people with are financially invested in the same room.  It promises to be a lot of fun (great group of people) and a rich discussion as well.  Here’s a couple things I’ve learned during the planning, and my year in review:

 

  1. Businesses (and life) change directions. Accept it, deal with it, and just keep pulling your head up from the trenches every once in a while to make sure you’re still going a direction that makes sense to you.
  2. Accountability forces clarity. Having a group of people you report to with your progress and plans helps to streamline your thoughts and goals.
  3. The work comes first. Looking through the past year’s (meager) financials, I realized that 97% of our revenue has been generated in the last 3 months.  These things take time – but realizing that the work comes first is a big first step in maintaining your calm.
  4. Powerpoint is surprisingly easy to use. My shareholders are never going to know what hit them 😉

 

 

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