Category: personality

2.5 Quick Tips for Dealing with Board Members

2.5 Quick Tips for Dealing with Board Members
I spend an inordinate amount of time in one on one meetings with entrepreneurs. And it occurs to me that there are two (and a half) simple skills that can be employed to great effect.

Tips for Dealing with Board Members

When getting advice or feedback, don’t defend, explore

If you’re seeking advice or feedback from a member of your board (or someone in a similar advisory capacity), present the issue, idea, or dilemma that you want advice on. Then listen. Ask questions. Engage in conversation. But DON’T DEFEND OR REBUT.

Your goal is to get that person’s input – not explain why their input is in your opinion irrelevant, wrong or just plain stupid. I’m not saying it might not be irrelevant, wrong, or moronic – it very often is (not very often, but you get my point.) If you’re seeking someone else’s input, you want them to open up and give you their full perspective. Analyze and critique it on your own time. You should leave the meeting with an understanding of their feedback. It’s up to you to decide (later) if it’s good bad or ugly.

Instead of defending (which often sounds like this: “I tried that but . . .” or “I hear what you’re saying but . . .” or “I don’t want to do that because . . .”), explore what they’re saying. Ask questions and listen. “What do you think we’ll learn if we do what you’re suggesting?” “What would you do next if that doesn’t work?” “That sounds great – if we couldn’t do that, what could we do?”

If you wanted help moving a couch, you wouldn’t nag the person about their technique until they dropped the couch – so don’t ask for advice and then immediately criticize it.  That’s rude and ineffective.

Eliminating the negative is not the same as creating the positive.

This is a bit more subtle, but just as important.  Let’s say you’ve got a problem.  And as a result of this problem all sorts of negative things are going on in your company.  And you’ve got an idea that will fix the problem – and eliminate the negatives.  So how should you sell the solution? You can either say “If we implement this solution, these problems will go away.” or “If we implement this solution, things will be better.”  Trust me, the second option, when available, is the way to go.  If you simply talk about eliminating problems, then people can get drawn into a debate about whether those problems are in fact problems, and whether the solution will eliminate the negative.  If you talk about enhancement (making things better), people are much more receptive.  Try it and see.

Bonus tip: STFU

Best way to get advice from your board members is to STFU.  Stop talking and start listening.  Don’t spend the limited time you have with your advisors talking – talk little, listen a lot.  Nuff said.

2.5 Quick Tips for Dealing with Board Members

One of the Great Myths of Entrepreneurship: Calling the Shots

One of the Great Myths of Entrepreneurship: Calling the Shots

The Myth of Calling the Shots

One of the reasons I initially got into entrepreneurship was that I wanted to “call the shots.”  This is one of the most common reasons people cite for getting into entrepreneurship.  Being the boss.  Calling the shots.  Making the decisions.  It’s compelling.  And it’s almost completely false.  It’s one of the great myths of entrepreneurship (one of the others is ‘setting your own schedule’ – but that’s for another time).

Here’s why it’s a myth: you don’t call the shots – the market calls the shots.  While you get to make decisions, those decisions can’t be made in a vacuum.  Well they can be, but then you’re in business NFL – Not For Long.  I come across so many entrepreneurs who see entrepreneurship as one giant path of constant self-aggrandizement.  They see success as following their instinct and trusting in their singular vision. And that’s just plain stupid.  Your business needs to serve a need – its needs to connect with what the client wants.  And if you make it all about what you want – and your need to make decisions – you’re putting yourself first.  It’s not about you – it’s about the client.

Here’s another reason it’s a myth: you should surround yourself with smart people.  Better yet smarter people.  If you insist on making all the decisions – you’re closing yourself off from the advice and support of these people.  Or you’ve surrounded yourself with yes men and/or idiots.

When you think you’ll call the shots you’re subscribing to the view of entrepreneurs being brilliant geniuses ensconced in their ivory towers handing down brilliance from on-high.  If you look at really successful entrepreneurs, they are connectors. They form partnerships, they bring resources together, and they listen to clients.  What they don’t do is engage in the relentless arrogance of thinking it’s about calling the shots.

In my own experience, discovering this myth was one of the more painful realizations of running my own business.  It stinks to realize that it’s not about you and your brilliant ideas.  It’s about putting yourself out of the picture and focusing on the client.

Any other myths you’ve seen busted?

One of the Great Myths of Entrepreneurship: Calling the Shots

Great Tips: How to Run a Meeting

Great Tips: How to Run a MeetingOver at the Art of Manliness, there’s a great series of tips on running a meeting.  The Art of Manliness, despite the off putting name (to some people – me, I get it), is overall a really excellent blog – and an example of how to build a community of common interest. The common interest on Art of Manliness revolves around shaving with a straight razor and drinking cocktails (both of which I can get behind).

My favorite tip from the many is:

Summarize the meeting. At the end of the meeting, quickly tick off a list of everything you have accomplished and resolved to do. Delegate tasks and make sure everyone is absolutely clear on what their individual responsibilities are. Don’t ask for “other business.” You’re just opening a can of worms. Remember, if it’s not on the agenda, it’s not going to be discussed.

I’ve been to lots of meetings dominated by lots of talk which feels productive.  It’s only later, when absolutely no action has been taken as a result of the meeting, that you realize not only was the meeting ineffective, but you’ll never have that hour of your life back.  You’ll be on your death bed, and your dying words will be “If only someone had set some action items.”

In the comments share your meeting horror stories or tips.

Great Tips: How to Run a Meeting