How to run a board meeting in 60 minutes

2024-10-27

If you want a healthy relationship, it’s essential to set clear expectations and boundaries from the start. The same holds true for a founder and their board. Despite the power dynamics, CEOs can still create a transparent communication framework that respects everyone’s limited time. In part two of my interview with TigerEye co-founder and CEO Tracy Young, we discuss her approach to work-life balance, the unique challenges women founders face while fundraising, how to run a board meeting in 60 minutes, and the importance of gaming out worst-case scen...

If you want a healthy relationship, it’s essential to set clear expectations and boundaries from the start.

The same holds true for a founder and their board. Despite the power dynamics, CEOs can still create a transparent communication framework that respects everyone’s limited time.

In part two of my interview with TigerEye co-founder and CEO Tracy Young, we discuss her approach to work-life balance, the unique challenges women founders face while fundraising, how to run a board meeting in 60 minutes, and the importance of gaming out worst-case scenarios.

Runtime: 24:58 EPISODE BREAKDOWN

(2:20) Why traditional 80-page board decks are “just not helpful for strategic discussion.”

(5:32) How Tracy structures memos for board meetings.

(7:18) The importance of gaming out worst-case scenarios with your team.

(9:31) “Our motto is: ‘go towards where it hurts.’ Go fix it.”

(12:40) Tracy and (co-founder/husband) Ralph’s approach to work-life balance.

(15:26) “It's trite to say, but I try to meditate when I can.”

(17:11) “I have met a lot of women founders who have told me horrific

stories.”

(20:24) “You look at who's writing the checks and are actually decision makers. They lean more towards male — actually white males.”

(22:59) “You shouldn't be talking to customers in one meeting and in the same day meeting investors.”

(23:48) The one question she’d have to ask a CEO if she were interviewing for a startup job.