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Reflecting on her journey, Jeni Britton advises that founders should assemble a personal support system. This should include a coach for leadership development, a business advisor for outside perspective, and a personal attorney for founder-specific issues, all distinct from the company's internal team or counsel.
Non-sales founders often don't know how to evaluate or support their first sales leader. The advice is to hire a sales-focused board member or advisor whose primary role is to mentor and care for that new sales leader, providing crucial guidance and a dedicated advocate.
A career development exercise from Pfizer, "Me, Inc.," advises leaders to formally map out their own personal "board of directors." This involves identifying specific individuals who can provide perspective and advice on business challenges and career navigation, creating a structured support system.
Michelle Khare builds a three-part support system for every challenge. A "coach" is the expert providing a plan. A "mentor" has recently done what you're attempting and offers relatable advice. A "cheerleader" provides unconditional emotional support, detached from the outcome.
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.
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.
Jeni Britton advises a founder to build a board of advisors even before raising significant capital. This practice provides valuable guidance, forces organizational discipline, and signals to future investors that the company is professionally managed, giving the founder more leverage in negotiations.
According to founder Sarah LaFleur, the most critical CEO job is managing one's own mental and emotional state. She emphasizes that navigating the immense self-doubt inherent in entrepreneurship requires dedicated tools like mental strength coaching and meditation, which are essential for survival and leadership.
The old model of replacing a founder with a 'professional CEO' is often flawed because it removes irreplaceable product insight. The modern approach is for founders to design their executive team to complement their unique strengths, ensuring they stay engaged for the long journey.
While complementary strengths are valuable, it's critical for partners to identify skills they both lack. Recognizing these shared blind spots is key to knowing when to bring in an employee, mentor, or coach to fill the gap, preventing the business from stalling in those areas.