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Lesson #3: It Takes Guts to Get to Where You Want to Go
“We were just opportunistic,” said Hewlett. “We did anything to bring in a nickel. We made a bowling alley foul-line indicator, a clock drive for a telescope, a thing to make a urinal flush automatically, and a shock machine to make people lose weight.”

Lesson #1: Good Taste Means Good Business
“If a man goes into business with only the idea of making a lot of money, chances are he won't,” Hall wrote in his autobiography, When You Care Enough. “But if he puts service and quality first, the money will take care of itself. Producing a first-class product that is a real need is a much stronger motivation for success than getting rich."
Lesson #4: Do Not Sit Around and Wait for Something to Happen
When Hall first moved to Kansas City in 1910, he had no grand thoughts of becoming a millionaire or even creating a company of any significant success. All he wanted to do was make a living, and he thought Kansas City was the perfect place for a hard-working young man to do just that.

Using Your Time
The question often asked is do we really use our time to our own best interests? To the best interests of our family, and the best interests of our employer (or employees, if we happen to be the boss)?
Lesson #1: “Creativity comes from constraint”
When asked whether they had anticipated just how big Twitter would be when they first launched it, Stone replied, “Yeah, we knew Barack Obama was going to use it.” Williams followed with, “I knew I was going to be on Oprah in two years.”

The SMS to Success: Texting Takes Twitter To New Heights
When asked whether they had anticipated just how big Twitter would be when they first launched it, Stone replied, "Yeah, we knew Barack Obama was going to use it." Williams followed with, "I knew I was going to be on Oprah in two years."

CANADA IS A COUNTRY OF MEDIOCRITY
Having been closely watching the American presidential race with a great deal of interest, and have to say being fascinated even enthralled by a number of the speeches, I recalled having read an article in the newspaper last year quoting a study or report that concluded Canada was a “country of mediocrity.” It stated that we are not particularly innovative, creative or willing to step up and take risks to move our society forward and become more of a leader in the world. Just what is really being talked about here?

Other chairman of the board Related Articles

Carly Fiorina
We might not ever know for sure if Carly Fiorina heard Donald Trump’s trademarked words – “Your Fired! ” But what we do know for sure is Carly has left Hewlett Packard after six years as chairman and CEO at the request of the board of directors. Both businesswomen and businessmen across the country know we have lost a charismatic, high profile executive who was never afraid to stand up for her convictions.
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.

From Good To Great To Gone
The first six weeks of 2009 were not kind to Jim Collins' eleven Good To Great companies. With some lyrical assistance from "The Chairman of the Board", I explore five formerly great companies and how one has roller coaster-ed from Good To Great To Gone.
The Board's Role in Fundraising
“Should my board help me raise funds?” The obvious answer is yes, of course they should! Now comes the hard part. Getting the board to actually raise money is a lot tougher than simply saying they should. Many nonprofits, of all sizes and types of mission, overlook the basic steps necessary to engage the board in effective fundraising.

The 800 Pound Gorilla Problem
I was at a board meeting recently where the board and management was discussing the company’s market position. This is a strong company that leads its market and, as a result, one of the board members stated that we were “the 800 pound gorilla in the market.” In my world view, the market was still relatively small so I suggested that we were the 12 pound gorilla. While this got a chuckle, it was instructive and moved the conversation down an interesting path.
Assessing Board Practices
Looking to assess board practices? Here is a survey you can let your board members take anonymously.
Nonprofit Board Member Manuals - What Should You Include?
When you have a board of directors, it is always a good idea to have a Board Member Manual. A Manual is a great tool for board members to use when they need quick and easy access to critical information about the organization. It compiles important documents into one binder, so they don't waste time and energy looking for what they need in several files or locations. Does your organization have a manual for its board members?
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