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Create a personal advisory board of 12-15 people, half living experts (lawyers, mentors) and half deceased historical figures (Aristotle, Rockefeller). Mentally consulting this diverse council before making big decisions provides a powerful framework for generating wealth and wisdom.
Creating a personal board of directors isn't just about getting answers; it's about forming the habit of seeking advice. This practice forces you to be vulnerable by admitting you don't know everything, which builds the critical leadership muscle required to grow stronger throughout your career journey.
Instead of a single mentor, build a "personal board" of diverse advisors from different industries and roles. Treat this group like your own "Hall of Justice," strategically tapping into each member's unique superpower based on the specific problem you're facing.
Certain individuals have a proven, high success rate in their domain. Rather than relying solely on your own intuition or A/B testing, treat these people as APIs. Query them for feedback on your ideas to get a high-signal assessment of your blind spots and chances of success.
Rather than seeking traditional mentors, Allspring CEO Kate Burke advises building a personal "board of directors." This is a curated, dynamic group of people from different areas of your life who provide diverse perspectives on challenges, with members rotating as your career and life evolve.
A manager is not a mentor. Instead of depending on a single, formal mentor within their reporting structure, aspiring leaders should cultivate a personal 'board' of two or three trusted advisors. This external network provides diverse, on-demand input for specific business situations that fall outside a leader's direct experience or comfort zone.
Effective decision-making requires moving beyond your own perspective. The key is to triangulate with several smart people who will argue with you and each other. This process ensures you see all sides of an issue before committing to a path.
For high-stakes initiatives, a single leader cannot be the expert in everything. Proactively build a 'dream team' of specialists from legal, marketing, and other domains. Leverage them as an internal advisory board to pressure-test ideas and ensure the process is sound, even if the outcome is uncertain.
No matter how intelligent you are, personal bias clouds judgment. For all significant decisions—personal, professional, or economic—consult a trusted "kitchen cabinet" of objective advisors. This external perspective is crucial for sound decision-making and protects against isolated thinking.
While a network of peers is valuable for tactical issues, your personal advisory board must be diverse. Relying solely on people with the same role and experience as you (e.g., only other CMOs) will limit your perspective and hinder your ability to see the bigger picture or prepare for your next career step.
To build a strong "personal board of directors," go beyond your immediate network. A powerful tactic is to ask your existing, trusted mentors to identify their own mentors and explain what makes them valuable. This provides a vetted, high-quality pipeline for expanding your circle of guidance.