CHAPTER 13

The Board Life—Costs, Benefits, and Making It Work for Your Career

I asked you this question way back at the beginning—why do you actually want to join a board of directors, anyway? Now that we’ve gone through all the search and vetting, and you are a member of the club, it’s safe to admit that career advancement and financial rewards were among your motivators. Go ahead—I won’t tell.

But accepting that your board seat is another (albeit major) career stepping stone means that you need to learn how to manage it well. You looked at how much time this board would require of you—but what if you underestimated? How do you account for your added “freelance” income? How can a board seat serve as a launch pad for further career advancement? ...

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