Creating a Personal Board of Directors

Yesterday I mentioned the personal Board of Directors...if this is new to you, please read on. A personal Board is not a group of people you hire or "vote on", but a group of Trusted Personal Advisors who informally act like a Board of Directors to advise you about life and business. They do not meet with one another but rather communicate with you regularly. I reccommend meeting with each member of your Board no less than Quarterly. In building a Board consider people in the following areas of specialty:

1. Finance / Banker / Mortgage Broker

2. Web and Print

3. Industry Specific Association / Chamber

4. Community / Education / Government

5. Marketing / Media Buying / Public Relations

6. Real Estate / Appraiser / Title Company

7. Lawyer / Accountant / Doctor

8. Business Developer / Consultant / Coach

9. Mayor (okay not THE mayor, but that person you know who seems to know everybody)

Keep it your responsibility to set up meetings over the phone, coffee, breakfast, lunch or dinner. Try to pick up the tab more often than they do. Send periodic Thank You's. When they refer you business send something special like tickets to a sporting or theatre event. Be respectful of their time and remember they do not work for you. And when the opportunity arises to return the favor, be certain to do so!

Until tomorrow...Denise

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