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Lesson #1: Be A Good Leader
“Having a personality of caring about people is important,” says Branson. “You can’t be a good leader unless you generally like people. That is how you bring out the best in them.”
Lesson #4: Find Your Raison d’Etre
When Puck was asked once by a reporter what the best part of his job was, he replied, “The opportunity to work in the kitchen every day.”
The Man Who Made Sony: The Early Years of Akio Morita
He turned what was once a small bombed-out department store in Tokyo into the world’s most successful consumer electronics company. Not only that but Akio Morita, co-founder of the Sony Corporation, was also one of the few entrepreneurs that helped Japan’s economy recover in the aftermath of World War II. Today, more than half a century after the company’s initial inception, and with Morita at the helm until his only recent departure, Sony remains one of the world’s largest media conglomerates, with over 158,000 employees worldwide and revenues in excess of $63 billion.

Finding Success in the Great Outdoors: How Bean Lived his Dream
When Bean died in 1967, the executives at the company he had founded were not sure if they should publicize his death. Bean’s attachment to the company was such that most customers believed he himself still personally tested each product and tended to each of their orders. His successors feared that if people knew he was gone, that perception would be eroded and the company would lose ground. They considered keeping his death a secret, until a television news show got wind and broke the story. That was the importance that Bean, at 94, still had on his company. But just how did this outdoorsman create one of the most successful and innovative mail-order catalogue companies of his time?

PDF Your Board Package
Thankfully I no longer get fedexed binders of board packages from my portfolio companies in advance of a board meeting. Through the modern miracle of email, the board packages show up in my inbox – hopefully a few days (rather than a few hours – or even minutes) before the board meeting. The board packages tend to show up in three different formats – one that is easy to deal with, one that is ok, and one that sucks.
Board of Directors Number of Meetings
As Jim and I continue our Board Meeting series, we've decided to address a question that we are often asked - "How Many Board Meetings Should A VC-backed company have?"
Board Meeting Rules
Following are some board meeting rules that were recently presented to me and my fellow board members by a CEO at one of his first board meetings at a newly funded early stage company. I thought they were brilliant. Feel free to pass them out at your next board meeting.
Building the Perfect Board Package
Some companies do a great job of putting together package for board meetings -- it's empirical, concise, and focused on measures that matter and that can be influenced -- while other companies leave their boards more confused after the meeting than before.
Communicating Sales Info To Your Board
My partner Chris Wand is finally blogging (even though he’ll deny it) over at AsktheVC – he’s writing a series on what should be in a “board reporting package.”

Venture Capital & Picking vs. Poking
There is lots of partner tribalism in venture capital, but one worth noting is the schism between pickers and pokers.

Talking to Directors
On Saturday, I called a director at a company I’m on the board of to get a reality check on something that is going on. Ten minutes on the phone solved three things: (1) I was able to road test my idea with someone I respect and (2) I incorporated his feedback into my idea, and (3) we were calibrated.
Give Your VCs Assignments
Over the weekend, Mark Suster wrote a great post titled How To Communicate with your Investors between Board Meetings. Mark continues to just tear it up with great advice for entrepreneurs. However, he left out one thing from the post – which is one of my favorite pieces of advice for entrepreneurs. Give your venture capitalists (and board members) assignments Mark alludes to this in many of his suggestions but he never comes out and says it. And, amazingly to me, many entrepreneurs either don’t ever think of this or don’t feel comfortable doing it. They should.
Sweating the Wrong Stuff
Whatever it is - if we choose to focus on something that is known, comfortable and in our control, even as other things are crying for our attention - well, we're sweating the wrong stuff. And that's a great big Gravity No No.
Clash of the Titans II
We thought we had put the Clash of the Titans behind us but Hollywood made a sequel. It gave the PC/CE industry an opportunity for the industry titans to stretch their control over the landscape even more. Titans are taking the opportunity to payback those who bruised their egos, encroached on their "territories" and just did things they didn't like. The Titan Titans -- Apple, Google, Adobe -- are hollering at each other with regularity. The other Titans are mumbling and filing law suits. Everyone -- including governmental agencies around the globe -- is watching closely to see who is doing what and to whom.

Avert a Mutiny
Some people resist change. When changing your practice over to an electronic medical records system, it is wise to act proactively to prevent a mutinous situation among staff.
Board Member Job Descriptions - Which Roles and Responsibilities Should You Include?
Prior to developing a job description for board members, take time to determine what you expect from them. What roles should they adopt and which tasks, projects, and activities do you want them to be responsible for? This article provides some items you should consider including in board member job descriptions.
Start Every Board Meeting With A Demo
I find three hour “reporting board meetings” where everyone sits around and goes through a 50 page PowerPoint deck to be tedious. When I first started investing in 1994, this was the norm. I put up with it even though it wasn’t my style because (a) I didn’t know better and (b) I didn’t have any better ideas.
Cleavage in the Boardroom
New approach to show your intellectual genius.
A Strategic Look At Dos and Donts of Board Meeting Minutes From Your Strategic Thinking Business Coach
Do you serve on a board of directors and experience significant inaccuracies and inconsistencies in board minutes? Do you know that board minutes are really a very important resource to governing boards? Minutes of board meetings provide evidence that a board has exercised care in decision-making. The minutes also substantiate that a board is operating in accordance with its Bylaws and other documents and rules. Although there is recognition that board minutes are important, many organizations continue to have inadequate records of board meetings. Your strategic thinking business coach offers a list of the DO’s and DON’Ts of board meeting minutes.

A Strategic Look At Dos and Donts of Board Meeting Minutes From Your Strategic Thinking Business Coach
Do you serve on a board of directors and experience significant inaccuracies and inconsistencies in board minutes? Do you know that board minutes are really a very important resource to governing boards? Minutes of board meetings provide evidence that a board has exercised care in decision-making. The minutes also substantiate that a board is operating in accordance with its Bylaws and other documents and rules. Although there is recognition that board minutes are important, many organizations continue to have inadequate records of board meetings. Your strategic thinking business coach offers a list of the DO’s and DON’Ts of board meeting minutes.

Other board meetings Related Articles

PDF Your Board Package
Thankfully I no longer get fedexed binders of board packages from my portfolio companies in advance of a board meeting. Through the modern miracle of email, the board packages show up in my inbox – hopefully a few days (rather than a few hours – or even minutes) before the board meeting. The board packages tend to show up in three different formats – one that is easy to deal with, one that is ok, and one that sucks.
Board of Directors Number of Meetings
As Jim and I continue our Board Meeting series, we've decided to address a question that we are often asked - "How Many Board Meetings Should A VC-backed company have?"
Board Meeting Rules
Following are some board meeting rules that were recently presented to me and my fellow board members by a CEO at one of his first board meetings at a newly funded early stage company. I thought they were brilliant. Feel free to pass them out at your next board meeting.
A Strategic Look At Dos and Donts of Board Meeting Minutes From Your Strategic Thinking Business Coach
Do you serve on a board of directors and experience significant inaccuracies and inconsistencies in board minutes? Do you know that board minutes are really a very important resource to governing boards? Minutes of board meetings provide evidence that a board has exercised care in decision-making. The minutes also substantiate that a board is operating in accordance with its Bylaws and other documents and rules. Although there is recognition that board minutes are important, many organizations continue to have inadequate records of board meetings. Your strategic thinking business coach offers a list of the DO’s and DON’Ts of board meeting minutes.

The Coaching Phenomenon
For years, it was the private secret of the business world. Corporate executives experienced it behind closed doors, in board rooms, and in departmental meetings. Now, the secret's out of the closet, and the public has discovered it.

Master Your Game: Meeting Effectiveness
Excellent meetings are productive, engaging, and synergistic; participants emerge from these sessions filled with great enthusiasm, energy, and a greater clarity of purpose. Effective meetings facilitate collective decisions that people will actively support by following through and taking action. Unfortunately, not all meetings are effective. Meetings can be energy-draining, time-wasting and costly.

Never Leave a Meeting Feeling Good
Do your meetings result in everyone feeling good after they leave? Does very little get done in your meetings? If so, your meetings function like most, and they are probably worthless! Most often leaders are concerned with there being too many meetings, or meetings being too long, or some other wrong measurement. I would like to suggest that you change your measurement systems. For example, a good leading indicator that something important is being discussed is conflict. Other indicators of good meetings are the number of decisions made and the number of people held accountable for decisions made at the prior meetings. These are real indicators that your meetings are worthwhile. If you have a really good meeting, then everyone leaves feeling uncomfortable because there is so much more to be done, and they have a stake in it!

Are We Online Network Marketers Destined To Become Members Of The Lonely Hearts Club Band?
At times as we work our network marketing businesses, we can get a feeling of loneliness. Gone are the traditional ways we market our business having meetings practically every night of the week. These meetings being replaced by online webinars and conference calls. Gone too are the social “meetings after the meetings”.
The Dreaded Monday Morning Sales Meeting
Do They GET TO GO or HAVE TO GO? For years as a speaker/trainer/coach, salespeople have approached me with feedback regarding their regular company sales meetings. This is what I hear: -The meetings are boring with little to no direction -The meetings turn into individual gripe sessions -The meetings turn into complaint sessions by management -The meetings tend to “bring down” the reps rather than “pump up” the reps -The meetings tend to be filled with reports, data, stats, and rules -The meetings never start on time -The meetings never follow an agenda -The meetings never end on time Does any of this sound familiar to you? Do your people tend to “go through the motions” in your sales meetings? Do they complain about having to come to these meetings regularly? Do you sometimes agree with them?

Give Your VCs Assignments
Over the weekend, Mark Suster wrote a great post titled How To Communicate with your Investors between Board Meetings. Mark continues to just tear it up with great advice for entrepreneurs. However, he left out one thing from the post – which is one of my favorite pieces of advice for entrepreneurs. Give your venture capitalists (and board members) assignments Mark alludes to this in many of his suggestions but he never comes out and says it. And, amazingly to me, many entrepreneurs either don’t ever think of this or don’t feel comfortable doing it. They should.
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