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EPISODE · Oct 28, 2024 · 24 MIN

How to run a board meeting in 60 minutes

from Fund/Build/Scale · host Walter Thompson

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. LINKS Tracy YoungWhy I started TigerEye Early-stage board decks are dead: How to run a meeting in 60 minutes TigerEye Ralph Gootee SUBSCRIBE 📥 LinkedIn: https://www.linkedin.com/newsletters/7249143254363856897/ 📓Substack: https://fundbuildscale.substack.com Thanks for listening! -- Walter.  

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