Start-ups! Who needs um, aye? Don’t you find it funny that it is only on rare occasions we hear of start up failures but almost every day we hear of start ups selling for eye watering sums of money? Almost every business publication leads with headlines of founders “cashing out” for mega bucks! But what […]
IF YOU’RE EVER IN THE RAT BUSINESS… ‘Come in!’’ — the Mayor cried, looking bigger And in did come the strangest figure! His queer long coat from heel to head Was half of yellow and half of red And he himself was tall and thin, With sharp blue eyes, each like a pin Whether you’re […]
“Boring as rat sh*t”. That’s how one CEO explained Board meetings to me, some years ago. Charming. But board meetings shouldn’t be perceived as a negative part of running your businesses. As a corporate governance requirement, here are a few ways you can get the maximum from your Board meetings for you and your fellow […]
Advice for entrepreneurs in start up businesses.
So, you’ve made the decision to expand your customer base and therefore your profitability by looking to export. A wise move, especially in today’s global market. A company that exports its goods, services etc is far more likely to grow at a faster rate than if it had focused exclusively on the domestic market. It […]
If you can count on the fingers of one foot the number of leads you have had from Linkedin, then you are missing a trick or five! In this article I will explore the simplest ways for non-executive directors and others to quickly maximise the chances of success on LinkedIn. What is in it for […]
Your non-executive director attempts are failing. Your CV is being ignored. Ring true? It usually starts with that coveted document you have spent much time (and possibly money) on! THE CV/RESUME! It’s an age old problem; you’ve got the experience, you’ve got the credibility but the CV keeps falling on deaf ears! But why? Well, […]
How does IR35 impact NEDs and can you operate through your own limited company? As a Non-Executive Director (NED), by very definition, you are an expert in your area. Invariably you will be asked to take on consultancy work, be that at the organisation you perform your Non-Exec duties or within another organisation. In this […]
You may feel like you have to be a magician to find a non exec job but you don’t!
I have sat on numerous boards over the past ten years and have dealt with thousands of non-executive directors; some I admire greatly. Whenever I run a seminar or am interviewed by media companies on “what makes a great non-executive director?” I often have different answers as my view changes over time but here are […]
There are not many people on the planet as successful as Peter Thiel. He’s made £billions from various tech companies and follow on investments. When it comes to business, he’s no mug. Here is his Top Ten tips on being successful. Our thoughts follow the vieo below: Do one thing uniquely well. Without any doubt, […]
You’ve spent 30 or 40 years working in your full time, executive or senior management role and all of a sudden, you’re “retired”. Great. If you can handle retirement and were counting down the days til you could pack the golf clubs in to the back of the car and saunter on down to the […]
Ironically, it’s the sixty four million dollar question; “How much do non-executive directors get paid?” Let’s explore! Hopefully you saw the irony in the image because if you’re in it for the money, you should probably find a new direction. If you want to really get into the bones of a company and work with […]
By Bram Vis – Guest Contributor Businesses succeed or fail for all sorts of reasons – not in the scope of this of this presentation – but we all are very familiar with the usual suspects – The right product The right price for the product The right skillset of the company going forward The […]
How to create the perfect non-executive director CV.
It often starts and ends with “strategy” when it comes to the role of a non-executive director when reviewing the composition of a Board of Directors. Over the last fifteen years in the Non-Exec space, the critical priority for boards has been aligning talent with the strategy of the company; get this wrong and it […]
‘Oh brave new world, that has such people in it!’ Shakespeare, who wrote the above line in his play The Tempest, would have perfectly understood the simple truth in the saying Omnia mutantur nos et mutamur in illis. After all, Latin was an essential part of his schooling. Confused? OK. Let me explain. Everyone who […]
Over the years I have interviewed 100s of CEOs, CFOs and Board Members and in the past ten years, mostly Non-Executive Directors. It is interesting to follow the C-Level candidate into the new word of non-executive directorship and I’ve made lots of notes on how the most successful transition into their external Board roles. Many […]
At one time, when coal miners needed to test the quality of air deep underground, they employed canaries, who were more susceptible to the presence of toxic gases than humans. When a canary stopped singing, it was a sure sign of danger ahead. That was all well and good in coal mining [unless of course […]
“Denial,” said Mark Twain, “ain’t just a river in Egypt.” Mark Twain wasn’t talking specifically about start-up companies, or companies in general, but his words ring true, nevertheless. Many companies think they can get along quite nicely without the need for outside directors. Why bring ’em in when we can make all the right decisions […]
Let’s be honest, who needs Non-Execs? All right, they might bring a clear-eyed detachment to some of the more difficult decisions you’ll have to make, because they’re seeing the issues with a fresh and new perspective. But if I want clear-eyed, new perspectives I can go to an optician’s. See? And please don’t come out […]
There was a director called Joe Who wanted his business to grow. Someone said, ‘N.E.Ds Used to cost us big fees But it ain’t necessarily so!’ There is still a place for headhunters – recruiters – to help fill executive positions, but for non-executive directorships, there are alternative ways for companies to make the right […]
Imagine your television breaks down. Or your combi-boiler? Or your computer? Where do you look for someone to fix things? Well, there are several places to go – foremost of which are a plethora of “all things to all men” directory sites like the (now online version of…) Yellow Pages. Remember that big yellow book? […]
The Game’s Afoot! Oscar Wilde once said, “It is a very sad thing that nowadays there is so little useless information.” He was, of course, speaking with his usual irony, but in this data-rich age his words have never rung truer. Every contact your company makes with the consumer, even on the most minuscule level, […]
Anyone Entrepreneurs Suffering From Whatifitis? Companies often cast a suspicious eye on the idea of bringing onto the board non-executive directors. This fear and wariness develops because of exposure to an insidious and debilitating disorder: Ignorance. OK, it seems somewhat ironic, accusing an entrepreneur of fear. Someone with the vision and the courage [two essential […]
The days of free lunches, sleepy afternoons in a comfortable board room chair and money for nothin are long gone! Taking a role as a non-executive director isn;t a breeze and for those who think it’s a pocket money job are mistaken; it brings with it huge responsibilities. You’ve been brought onto the board to […]
Accountants, love um or hate um are “plugged in”. What do I mean by “plugged in”? Well, I don’t mean they’re attached to a power socket! Accountants are often the first port of call for most entrepreneurs – tax headache, audit requirement, help recruiting a finance director into their business – the list goes on. […]
There’s a lot of chatter these days about disrupting practices in business. Someone comes along with a new idea that changes the way we look at things – new products or services that challenge established ones and cause some consternation among those companies who have been hitherto happy to coast along [a phrase that could […]
Finding your first non-executive director role is tough but with the right CV and guidance it doesn’t need to be impossible.