Weekly CEO updates to your board
Feld argues that board members of early-stage companies should be engaged continuously, and proposes three changes: send monthly financials separately with a written analysis from the CEO, hold quarterly in-person board meetings without devices, and send weekly CEO updates to all board members. He prefers updates that read like a quick email full of substance and requests for help.
“The best CEOs send out short but focused weekly updates to their boards.”— Brad Feld, Monthly Financials, Quarterly Board Meetings, Continuous Communications, May 2012
Do this
Send your board or investors one short email this week covering where you are, what happened and what you need help with, then repeat it weekly.