How to run a board meeting in 60 minutes
Episode description
If you want a healthy relationship, it’s essential to set clear expectations and boundaries from the start.
The same holds true for a founder and their board. Despite the power dynamics, CEOs can still create a transparent communication framework that respects everyone’s limited time.
In part two of my interview with TigerEye co-founder and CEO Tracy Young, we discuss her approach to work-life balance, the unique challenges women founders face while fundraising, how to run a board meeting in 60 minutes, and the importance of gaming out worst-case scenarios.
Runtime: 24:58 EPISODE BREAKDOWN(2:20) Why traditional 80-page board decks are “just not helpful for strategic discussion.”
(5:32) How Tracy structures memos for board meetings.
(7:18) The importance of gaming out worst-case scenarios with your team.
(9:31) “Our motto is: ‘go towards where it hurts.’ Go fix it.”
(12:40) Tracy and (co-founder/husband) Ralph’s approach to work-life balance.
(15:26) “It's trite to say, but I try to meditate when I can.”
(17:11) “I have met a lot of women founders who have told me horrific
stories.”
(20:24) “You look at who's writing the checks and are actually decision makers. They lean more towards male — actually white males.”
(22:59) “You shouldn't be talking to customers in one meeting and in the same day meeting investors.”
(23:48) The one question she’d have to ask a CEO if she were interviewing for a startup job.
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Thanks for listening!
-- Walter.