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In the Loop with Andy Andrews

ITL111: Your Own Personal Board of Directors

In the Loop with Andy Andrews

Matt Lempert

Business

4.9 • 614 Ratings

🗓️ 7 December 2013

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s episode, I explain what a personal board of directors is, and how you can create one for your life and/or business without spending a dime.

           

I realized that most major companies and great speakers had a group of people that keeps them on track.

           

I thought to myself, why can’t I have a board of directors?

•                My first answer was because I didn’t have any money

•                However, you don’t have to pay someone to be on your board of directors…if they don’t know they’re on it!

 

I want to find people who are….

•                Better

•                Smarter

•                Wiser

•                More productive

 

What’s important?

•                My children

•                My writing

•                Speaking

•                Finances

•                Health

 

Mentally, I went though the people I loved and knew. I wrote down the people with long marriages or who were financially successful. I then started going through people who were in newspapers and were easy to follow. I called this group my board of directors.

  

This is a life application of the decision, I will seek wisdom.

 

I have 30 or 40 people on my board of directors.

 

First thing: Make a list of important things in your life. Attach names to those things. 

Questions for Listeners

 

  • Do you have a question? Call in and your question might be featured on the show!

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to In the Loop with Andy Andrews, a unique opportunity to see life from a different

0:06.8

perspective with New York Times bestselling author, Andy Andrews. Now here's your host.

0:13.1

Hi, everybody. This is Andy Andrews, and I am actually not your host today. We have a guest host for Robert Smith. The Robert D. is having voice problems,

0:26.2

and we thought, you know, let's get David Loy in here. David is our chief operating officer of

0:33.3

the office with what we laughingly refer to as my career. And David is such an awesome guy.

0:41.1

And so we have pressed David into service. And David, you are our host today. And you know what?

0:47.6

I want you, I know how awesome this will be because I just love talking to you. And so I just want

0:54.0

you to know that do not think this will be your because I just love talking to you. And so I just want you to know that do not

0:55.4

think this will be your last time. Because when Robert, with laryngitis, when I said, how about

1:01.4

we just have David do it? And Robert says, he made a motion with his hand, like, have him do it

1:06.1

more. Have him do it more. So we might have a rotating group of hosts, but let me, let me do this

1:13.2

officially. And now, here's your host, David Loy. Andy, thank you so much. I'm happy to, that's

1:19.3

hilarious. And yes, I'm pinch-hitting for the Robert D today, but I'm happy to be here. This is

1:24.6

going to be fantastic. I'm just, I'm kind of glad he can't talk because he can't even stand here beside us and tell us what we're doing wrong or what we need to do more of. And we're just kind of point and pat him on the back. So go, go back to bed, brother. And it's such a rare occurrence where he's silent. So we are thrilled to be enjoying this. Oh my gosh. The first time I've heard him silent in 40 years. Hey,

1:44.8

what are we talking about today? Andy, today we're talking about a concept that you first brought up,

1:49.8

I believe, in mastering the seven decisions. And it's a question that we get from so many people

1:53.8

throughout the year as they read the book, as they read anything that you've done, this concept

1:58.6

of a personal board of directors. People are wondering,

2:02.7

what is that, how you came up with it. So let's just start with, can you explain what that is to

2:07.3

start off with? You know, if there's one thing that I have, I guess, had an idea about and then

2:15.1

kind of broadened in my mind and then tried to explain to people that

2:19.1

has had a long-term and dramatic effect on my life, it would be this concept of a personal

...

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