This show is for 20-somethings who don't want to spend their whole life worrying about money. Have you ever asked yourself, “If money wasn’t an issue, what would I do with my life?” If not, think about it because you’ll need an answer sooner than you think, but my guess is, you have. You’ve thought about an alternative career path, starting your own business, or spending more time developing your hobbies but the major factor holding you back is money. I want to solve that problem for you. On the show, we’ll answer questions like: *What are the best investment strategies for early retirement? *How much money do I need to retire early? *How do I negotiate a higher salary or raise at my current job? *What are some profitable side hustle ideas I can start today? *What are the best strategies for budgeting and managing my money? *What frugal life hacks can make everyday purchases more affordable? *How can I withdraw funds from retirement accounts penalty-free before the traditional retirement age? *What are some long-term strategies for building wealth and financial security?
https://www.podpage.com/the-struggle-is-real-with-justin-peters/
episode 120: The 10 People You Need on Your Personal Board of Advisors | E120 Pete Schramm
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/
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