Expectations vs. Reality (My First Board Meeting)
Founder's Journal
Morning Brew
4.8 • 1.1K Ratings
🗓️ 21 December 2020
⏱️ 7 minutes
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| 0:00.0 | What is up everyone? This is Alex Lieberman, co-founder and CEO of Morning Brew, and welcome back to Founders Journal, |
| 0:08.0 | My Daily Audio Diary made public for the world, where every day I will give you the listener a |
| 0:14.3 | backstage pass into Building Morning Brew to help you think better in order to build |
| 0:18.9 | better. Today we are talking about my thoughts on my first board meeting. Let's hop into it. So as many of you know, |
| 0:27.1 | Morning Brew was involved in a transaction a few months ago where the majority of our business was acquired by insider, the company |
| 0:34.2 | that owns business insider, business insider intelligence, e-marketer, and then the |
| 0:39.6 | holding company of insider is Axel Springer, this large German media conglomerate. |
| 0:45.6 | And what I want to do is lay out for you what I was expecting in my first board meeting. |
| 0:51.2 | And you know, this is a a normal thing when you go through an |
| 0:53.4 | acquisition you'll have different approval processes you'll have typically |
| 0:56.8 | quarterly board meetings but I think it's always interesting to reflect on what you |
| 1:00.4 | expect something to be like beforehand and what it actually is once you've |
| 1:05.9 | experienced it. |
| 1:06.9 | It's almost like this thing I feel like that everyone can relate to in the COVID environment |
| 1:11.2 | right now is someone new starts at your company. |
| 1:13.7 | You talk to them every day, you have this expectation of how tall they're going to be, |
| 1:17.1 | and then play this fun little game that when you meet them in person, |
| 1:20.5 | their height is wildly different than what you expected, kind of what went like that for me. |
| 1:25.4 | So here's what I was expecting. I knew that we were going to have a quarterly board meeting. |
| 1:29.0 | I knew that it was going to be digital given that we're in a world pandemic. |
| 1:33.2 | From just my experience is hearing about board meetings |
| 1:36.4 | and probably watching too much business related TV and movies, |
... |
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