Episode 120

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Published on:

16th Oct 2023

The 10 People You Need on Your Personal Board of Advisors | E120 Pete Schramm

Have you heard of this concept before? A personal board of advisors. I think it is kind of interesting.

Many companies have a board of directors who help advise and guide them on key decisions. Why shouldn’t we have a similar group to rely on?


Especially as early career professionals, we face many critical questions about career pivots, job opportunities, work-life balance, purpose, leadership moments, and more.


When I started thinking about it, assembling a personal board of advisors is a must for high-performing professionals. We can’t do this all alone. We need guidance and support from a diverse group of professionals.


But I have so many questions about how to actually execute this concept. Who should be on my board? How do I ask them? How often do we meet? How do I make sure it is meaningful for my board members too?


So I invited my friend Pete Schramm to the podcast to tell us how to assemble a personal board of advisors and to get all of our questions answered.


Pete is the CEO and Founder of Latitude, a software company focused on employee connection, and the author of Pathfinders, Navigating Your Career Map with a Personal Board of Advisors.


This is a really powerful concept so I am hoping you take what you learn today and run with it.


Key Takeaways:

  • How a personal board of advisors differs from a group of mentors
  • How a personal board of advisors can help guide you through a career transition
  • 10 different seats and functions you can recruit for your personal board of advisors
  • SMARTY goals
  • Why one individual shouldn’t be responsible for multiple seats
  • How often do we meet with our personal board of advisors
  • How to ask someone to be on your personal board of advisors
  • Pre-qualifying questions to make sure someone is a good fit for your board
  • How to get an easy yes from a potential board member
  • What’s included in your career map
  • How you can add value to your board members


Mentions:

Episode 108: 7 Local Events Where You’ll Meet Your Next Boss, Mentor, or Business Partner www.tsirpodcast.com/108


More of Pete:

Book: Pathfinders, Navigating Your Career Map with a Personal Board of Advisors

LinkedIn: https://www.linkedin.com/in/pete-schramm-pmp/


More of The Struggle is Real:

Find show notes and more at https://www.tsirpodcast.com/

Follow us on Instagram at https://www.instagram.com/tsirpod/

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FI Minded - Financial Independence Without the Extremes
Achieve Financial Independence & Have Fun Doing It
Pursuing financial freedom, a work-optional lifestyle, or early retirement often leads to the same questions: “one more year,” “do I have enough?” “what does life actually look like after this?”

FI Minded helps you think like someone who’s already financially independent so you can make smarter decisions about how you work, spend, and live.

From Coast FI and Slow FI to lifestyle design, career transitions, healthcare, and self-employment, each episode explores the real decisions behind building a flexible, work-optional life…without burnout, over-optimization, or missing out along the way.

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