7.7 C
London
Monday, November 28, 2022

Build a solid deck for your quarterly board meetings – londonbusinessblog.com

Must read

The 28 best early Cyber ​​Monday 2022 deals under $50

With all the deals, discounts and promotions going around, it can be very tempting to spend a coin during Black Friday and Cyber ​​Monday....

The App Store’s Top Scanner app is over 80% off today only

Opinions expressed by londonbusinessblog.com contributors are their own. As hybrid and remote working become entrenched across the globe, entrepreneurs must prepare for the digital workplace....

Taryn Hatcher- Wiki, age, height, net worth, boyfriend, ethnicity

Taryn Hatcher is a well-known sportswriter in the United States. Hatcher is known for his work as a sports anchor for NBC News...

Lawyers see crypto regulation coming in 2023 as industry needs to restore confidence • londonbusinessblog.com

Despite an uneven years in the crypto markets, many market participants are unperturbed about the long-term health of the sector, saying legal frameworks could...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

A couple of weeks ago I wrote a piece on londonbusinessblog.com about how to run a successful board meeting. Since then, I’ve been asked one question: what does a good board update actually look like?

It’s a perfectly reasonable question. In the early days of a startup, most founders have very little data to work with. It can be quite difficult to structure a productive and useful board game if you don’t have customer or product information to anchor the update.

It’s important to balance two key areas: reviewing the company and building trust with your board members.

Lay the foundation

While it may seem daunting, the easiest way to make sure you’re giving board members the information they want to see is to simply ask them.

Contacting your board not only helps provide a sense of direction, it also gives you the opportunity to build your relationship. People appreciate the ability to weigh.

Remember, investors are always scrutinizing you as a leader, learning how to work with you, and looking for strengths and weaknesses.

Many board members are also investors, so be blunt and ask if they had any concerns about making the investment, what those concerns were, and how they can be addressed now that the relationship is official.

Also do your own research. Find out who your board members are and find out what other boards they’ve served on. What kind of companies do they work with? What is their reputation? Their experience with other companies will influence their expectations with your company. If an investor is new to your board but has been in another for two years, find a way to understand how they work.

In addition, don’t hesitate to reach out to other founders about what works for them. Talk to people in your network to see what they’re doing, what resonates with their board, what their investors are responding to, and what their board composition looks like.

Deck production

Building an investor deck is (or at least should be) an arduous task. Remember, you’re going to be doing this continuously, so you need to structure it carefully to produce something of quality.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

The 28 best early Cyber ​​Monday 2022 deals under $50

With all the deals, discounts and promotions going around, it can be very tempting to spend a coin during Black Friday and Cyber ​​Monday....

The App Store’s Top Scanner app is over 80% off today only

Opinions expressed by londonbusinessblog.com contributors are their own. As hybrid and remote working become entrenched across the globe, entrepreneurs must prepare for the digital workplace....

Taryn Hatcher- Wiki, age, height, net worth, boyfriend, ethnicity

Taryn Hatcher is a well-known sportswriter in the United States. Hatcher is known for his work as a sports anchor for NBC News...

Lawyers see crypto regulation coming in 2023 as industry needs to restore confidence • londonbusinessblog.com

Despite an uneven years in the crypto markets, many market participants are unperturbed about the long-term health of the sector, saying legal frameworks could...

Today I learned that LG makes a space-saving cabinet monitor

Desk space is quite limited when you work in a cubicle, but LG's 27-inch Libero monitor could help you free up some more space....