governance

Why the hell do I need a board?

Why the hell do I need a board?

I really didn’t think about getting a board until I got into my first accelerator and was told that I should start to build a board. My instinct told me it was a little bit early - but who was I to know as this was my first company. So while in the accelerator I met lots of mentors and people wanting to help - when I started to mention I was building a board - lots more people jumped out of the cupboard. This included someone who wanted to charge £30k a year for sitting on my board.