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05 - Build an Advisory Board for Your Life
Description
Have you considered the benefits of developing an advisory board for your life? Advisory boards offer different perspectives on aspects of your business and daily life. They’re very useful. In this episode I’m talking about the different types of people who comprise an advisory board and how each can help guide you.
I identify six roles for a life advisory board. Individual people who bring visionary ideas, encouragement, practical solutions, integration of logical planning, mentorship, and full stop truth telling into play when you need it. One person can’t be everything to you but an advisory board can fill all the roles you need.
I’m going to explain who these people should be, how well they should know you, and how to find them. You’ll also be part of an advisory board to others in your life, so take time to figure out your own strengths and abilities. It works both ways!
Key Moments
1:22 What is an advisory board?
4:04 Breaking down all six of the roles you need
13:39 How to interview for those positions in your life
- Who do you turn to for encouragement?
- Who are the mentors who help you focus on priorities?
- Advisory boards shine a light on blind spots in the business world, that’s what they will do for you too
Resources discussed in this episode:
Contact Kari Lotzien | Be the Anchor:
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Transcript:
Kari Lotzien: [00:00:01] Welcome to Be the Anchor, the podcast. I'm your host, business and leadership coach Kari Lotzien. When the seas of life get stormy, and they always will, it is not up to us to captain anyone else's ship or to try to calm the waters of the ocean. It's up to us to set our own destination for what we really want and to learn how to navigate those waves of life together while finding that place of security and stability with others. I call this being an anchor. If you are a dreamer, a visionary, an entrepreneur, whether you have an idea big or small, that you think might just make the world a little bit better, kinder, gentler place, you are in the right spot, my friend. We are going to talk about everything from big ideas to mindset and strategy and sometimes just how to get through the day. I don't want you to miss an episode so be sure to follow and subscribe to the podcast so that we can stay connected and keep doing this journey of life together. Thanks so much.
Kari Lotzien: [00:01:10] Hello and welcome to Be the Anchor, the podcast. I'm your host, business and leadership coach, Kari Lotzien. So glad you're here. Today, I want to talk to you about developing an advisory board for your life. Now, if you haven't heard about what an advisory board is or you haven't heard that term before, let me tell you, an advisory board is typically, within an organization or a large company, they are hand-selected and then targeted for the expertise that they can bring to a team to help fill in knowledge gaps so they can help you to break into new markets or industries. They're just there for consultation, so they actually don't have what we would call voting rights like a board of directors in a company.
Kari Lotzien: [00:01:56] Now, what does that have to do with life? I think that it is critical to develop your own advisory board for your life. These are a group of people just like an