Your Score is: {yourTotal}
30-50:
Synopsis: Well done you’re almost there! But, if you keep doing what you’ve always done you may still be ‘almost there’ in 20 years time. If you’re already at 40+ points and not sitting on a board seat than it is only down to 2 possible things:
- You’re not fully understanding the game that is being played.
- You’re not connected to the right people.
Plan:
First you need to understand that there are more than *300 Million* companies in the world and probably 99% of them don’t have any kind of board structure. That is a huge opportunity for you.
Remember, you’re not trying to get on the board of Apple or an S&P500 company (yet), you’re trying to get on the first rung of the ladder. Your first ever board seat.
People have lots of excuses why they think a company wouldn’t want them on a board. I’m too old, I’m too young, I’m the wrong gender, I don’t look like a board member. I’m in the wrong industry. I’m in the wrong part of the world.
But actually, to the right company, any one of these things might be the exact reason they want you. To understand how this works in more detail, checkout VeblenDirectors.com and the latest webinar at the bottom of the page. We explain why companies need you and then how to build up your skills in the 5 key areas so that they will pay top dollar to keep you.
Action plan for getting a board seat
Connections: Start getting deliberate about your connections. A significant number of people you are connecting and interacting with need to be in the business or investment space. You need to be engaging with them on topics that they are interested in.
Action: Find some people on Linkedin who have Director or Investor in their title. Go and like / comment on some of their posts.
Knowledge: Your job is not be an expert in all aspects of business, finance and board governance. You just need to have a surface level understanding of what is happening. If you haven’t already, open a stock trading account. Take $100 and invest in some small company shares. We’re not looking to make money, we’re looking to understand how the company operates.
Action: Open a brokerage account, find a company you’re interested in and try and read their last annual report. Based on that annual report, would you be interested in investing $50 in them? Why or Why not? What parts of the report don’t you understand?
Profile: Love it or loathe it, Linkedin is where the business world congregates and when they look at your profile do they see someone that would add value to their company? There are nearly a billion users on Linkedin and only 1% of those produce and share content. Look at the profiles of top company directors and see what you can replicate on your own profile.
Action: Go to https://www.linkedin.com/company/veblen-director-programme - each day Veblen produces content about board topics. If you share it, like it or comment on it, it will show your network you are interested in board topics.
Value: You want a board seat for your own reasons. But no one cares. The board will only hire you if they can see a way they can get value from you. They want a doer. Someone that will not only not be a drain on resources, but will proactively understand how to create value for them.
The best/easiest way to demonstrate you are this type of person is to show the board that you have done this already. One of the Veblen mantra’s is ‘Don’t apply for a board seat, create one’. You remember those 300 million companies? Go and offer to build an advisory board for them. For free. Yes, you’re still learning, you need to pay your dues.
Action: Who in your network owns a small business (can even be a one person startup). Don’t know anyone, find startup founders on Linkedin. You are offering them something for nothing.
Leverage: If is 100 times easier to get a board seat if you are already on a board seat. So the first part of leverage is understanding that everything you do is just a stepping stone, not the end destination. The second part of leverage is learning how to think exponentially instead of linearly. One of the quickest ways for you to see exponential results is to understand partnerships
Action: Check your inbox. As a special gift we are sending you a copy of the best selling book Progressive Partnerships. In it you will learn how to build networks and leverage them through partnerships. Don’t sleep on this!
If you’re serious about boosting your career and want to know how you could have a paid board seat within 12 months then there are 5 simple things left to do.
- Click here to get our clickable .pdf “Is Veblen Right for You?’
- Follow us on Linkedin to get great content daily
- Subscribe to us on YouTube to see interviews with Vebleners and Board members
- Make sure our emails are not going to spam
- Go to VeblenDirectors.com and watch the video at the bottom then book a call to talk to our team.
See you in the boardroom!