The Matt Gray Show

How To Create A Personal Board Of Advisors | Ep. 1

Jan. 28, 2023

In this podcast, we will be discussing the importance of creating a personal board of advisors as a founder.
Having a personal board of advisors is different from having just one mentor, as it allows for a more diverse and efficient relationship with less commitment required from both sides.
It should consist of experts in various niches and industries, as well as peers and mentors. When selecting members for your personal board of advisors, it's essential to consider their experience and expertise, their values, and whether they have your best interests at heart.
The process of creating a personal board of advisors involves mapping out your key growth areas, evaluating the pros and cons of potential members, identifying blind spots in your initial list, and treating the board as dynamic and adaptable.
Remember, the people you surround yourself with have a huge impact on your personal and professional development, so take the time to build your dream team carefully.
0:00 How to Create a Personal Board of Advisors
2:30 This isn't the same thing as mentorship
3:48 Value of a personal board of advisors
4:42 Big factor in selecting my board
6:30 4-step process
7:52 How to reach out to these people
9:13 Personal board of advisors helps shape you
10:32 When I was first getting started with Bitmaker
11:44 Entrepreneurship can be a lonely experience

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