This lecture identifies the difference between a board of advisors and a board of directors and what roles they play in running a business.

1. DEVELOPING TALENT • GROWING VENTURES • OPENING MARKETS
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at
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Boards
of
Directors
–
Boards
of
Advisors
Entrepreneurship
101
2 5
F E B R U A R Y
2 0 1 5

2. Outline
of
presenta;on
Introduc;on
to
Boards
Facilitated
discussion
Audience
Q&A

3. h@p://www.marsdd.com/
entrepreneurship-­‐101/management/#1

5. Governance
Heirarchy
Shareholders
elect
Board
of
Directors
Hire
/
fire
CEO
Hire
/
fire
Management

8. Ques;on:
When
to
get
“formal”
about
your
board
?
Ques;on:
Who
to
have
on
your
Board
of
Directors?

9. Advisory
Boards

10. Advisory
Boards

11. Ques;on:
How
do
you
get
the
people
that
you
want
on
your
board(s)?
Ques;on:
Who
to
have
on
your
advisory
board?