Board of Directors

A board of directors? For me? Only large companies form "BOD's" don't they? Well, why not you? Medium and large firms pay the brightest and best to hold them accountable. They have a desire to have those with varied skills understand their business and volunteer their wisdom, experience, and knowledge to guide, direct, and bless their business plans.

So why not have a personal board of directors? If you don't consider yourself a priceless investment, you should! We all know people we would like to consider as mentors. However, how often do we take the time to meet with them on a consistent basis, ask them for honest feedback, and be asked to be held accountable? Proverbs 27:6 states "Wounds from a friend are better than kisses from an enemy".

Who should I ask to be on my board of directors? I would suggest you get a variety of individuals that can assist you in all areas of your life. For example, why not have a board of directors that counsels you in the areas of faith, financial, career, health, parenting, and being the best you can be? Having 3-7 individuals counsel you should be a goal in your life. One other thing to consider is not being afraid/intimidated to approach individuals you admire believing that they may be too busy or operate at a different/higher level than you. Nothing could be further from the truth. In fact, most people are honored to be asked and will give up a small amount of time for a breakfast meeting or a monthly phone call on a consistent basis. You just need to ask!

How often should I meet with my Board? It depends? There are some that you may wish to meet with weekly, some monthly, some quarterly, and some bi-annually. For example, my wife and I meet with our Financial Counselor quarterly. We get an update on our financial situation. We discuss desires, dreams, and ask for honest advice regarding what sacrifices and strategies we need to pursue. Renowned businessman Jim Rohn once said, "You're the average of the five people you spend most of your time with." You may not spend the majority of your time with your mentors, however, getting elite advice and counsel from those you admire most will undoubtably keep you accountable and challenged with sage advice.

Types of Mentors:

My Personal Board of Directors

What good is it for one blind man to lead another. How can a student know more than the teacher: But if he works hard, he may learn as much. (Luke 6:39-40)

Plans go wrong with too few counselors; Many counselors bring success. (Proverbs 15:22)