The 10 People You Need on Your Personal Board of Advisors | E120 Pete Schramm

The Struggle is Real: Tips for Mastering Money in Your 20s

Have you heard of this concept before? A personal board of advisors. I think it is kind of interesting.

Many companies have a board of directors who help advise and guide them on key decisions. Why shouldn’t we have a similar group to rely on?

Especially as early career professionals, we face many critical questions about career pivots, job opportunities, work-life balance, purpose, leadership moments, and more.

When I started thinking about it, assembling a personal board of advisors is a must for high-performing professionals. We can’t do this all alone. We need guidance and support from a diverse group of professionals.

But I have so many questions about how to actually execute this concept. Who should be on my board? How do I ask them? How often do we meet? How do I make sure it is meaningful for my board members too?

So I invited my friend Pete Schramm to the podcast to tell us how to assemble a personal board of advisors and to get all of our questions answered.

Pete is the CEO and Founder of Latitude, a software company focused on employee connection, and the author of Pathfinders, Navigating Your Career Map with a Personal Board of Advisors.

This is a really powerful concept so I am hoping you take what you learn today and run with it.

Key Takeaways:

• How a personal board of advisors differs from a group of mentors
• How a personal board of advisors can help guide you through a career transition
• 10 different seats and functions you can recruit for your personal board of advisors
• SMARTY goals
• Why one individual shouldn’t be responsible for multiple seats
• How often do we meet with our personal board of advisors
• How to ask someone to be on your personal board of advisors
• Pre-qualifying questions to make sure someone is a good fit for your board
• How to get an easy yes from a potential board member
• What’s included in your career map
• How you can add value to your board members

Mentions:

Episode 108: 7 Local Events Where You’ll Meet Your Next Boss, Mentor, or Business Partner www.tsirpodcast.com/108

More of Pete:

Book: Pathfinders, Navigating Your Career Map with a Personal Board of Advisors

LinkedIn: https://www.linkedin.com/in/pete-schramm-pmp/

More of The Struggle is Real:

Find show notes and more at https://www.tsirpodcast.com/

Follow us on Instagram at https://www.instagram.com/tsirpod/