There are several types of board members. 

Each provides a contribution to the board dynamic.

Here are the types you may see in your board room:

– The Cheerleader. Always optimistic and sees the upside to every proposal or situation.
– The Pessimist. Always pessimistic and sees the backside to every proposal and situation.
– The Analyst. Always analyzing the situation and commenting on the implications.
– The Skeptic. Always questioning the data and the implications of proposed solutions.

If you have a board that is all cheerleaders, then there may be little scrutiny given to plans.

If you have a board that is all pessimists, then no solution will ever be good enough.

If you have a board that is all analysts, then there will be no decisions taken.

If you have a board that is all skeptics, then there will be no progress.

A healthy mix of all of the above is desired.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

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Thank you for joining your host Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing.

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Disclaimer:
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.