The document discusses how to build a high-performance board for a startup. It recommends 5 steps: 1) Create a startup board plan with specific goals and timelines for the first 90 days. 2) Recruit key board members and advisors. 3) Drive results within the first 90 days to establish momentum. 4) Use a "Talent + Strategy = Results" metric to measure board effectiveness. 5) Implement a boardroom performance system to formalize processes and hold the board accountable. The document also features panels of experts who discuss important aspects of board management for startups.

1. Why and How to
Create a High-
Performance Board
Larry Cabaldon
CEO Boardroom Performance Group
larry@boardroomperformancegroup.com
Leveraging Your Startup

2. Rate Your Board Building Skills
Are you a Founder of
a Startup Yes no
Are you interested in
building a board? Yes
no
Do you feel
comfortable, as the
CEO, working with
your board? Yes no
What do you believe
is the most
important skills for a
CEO to Build a High-
Performance Board?
Understanding how boards
work
Recruiting the directors
Monitoring Board
Effectiveness
Leveraging Talent
Are you prepared to
build your board?
Yes No
Would you be
interested in more
information on how
CEOs can build more
effective boards?

3. Today’s
Program
Larry Cabaldon, board
consultant, shows you
why and how to build a
high-performance board
for your startup. A
panel of experts will
share their views.
Key issues
Why do you need a High-
Performance Board?
How to Build a High-Performance
Board?
How to Manage a HP Board?

4. Larry Cabaldon
• CEO/Founder the Boardroom Performance Group 2008
• Executive Vice President, DHR International, a Big 5
retained executive search firm.
• Director Executive Search for PricewaterhouseCoopers
LA Group
• Director of Human Resources for a 400 employee one-
bank holding company
• Assessed and rehired over 1400 executives and 300
board members. Facilitated 14 board turnarounds.
• Helped boards/executives, regulators, investors, private
equity firms, acquirers, venture capitalists, private
companies, start-ups and non-profits benchmark
performance, select and maximize talent, improve results,
and facilitate transactions that create value.
• Recruited hundreds of consultants while a recruiter for
PWC and participated in major consulting assignments
with McKinsey & Co. consultants, Deloitte & Touché,
outside counsel and others to achieve major objectives in
90 days.

6. Why a High-Performance Board
• Leverage talent beyond your team 10X
• Make better decisions
• Access to capital
• Access to resources, contacts, knowledge, talent, etc.
• Organized guidance and accountability
• Speed
• Maximize ROI/Value

7. How to Create a High-Performance Board
MEASURE WHAT
MATTERS MOST
TAKE MASSIVE ACTION
90-DAYS
CREATE A BOARDROOM
PERFORMANCE SYSTEM

8. Do You Know Your Metric of Metrics?
Talent+Strategy=Results (TSR)
CMO CFO INTERNL
CEO
85%
Talent
80%
Strategy
In Place
Board
Effectiveness
15%
Growth
Family
Aligned
49%
TSR
TALENT + STRATEGY
= RESULTS
• Talent in place
• Strategic Plan Complete
• Board Functioning 90%
• 15% growth
• Family issues resolved
Service
providers
20%
25% 30% 60% 80% 50%
Board
60%
CHRO

9. Startup Board Plan
TALENT + STRATEGIC OBJECTIVES = RESULTSPrepared by Boardroom Performance Group
January 3, 2018
1st
90
Days
Develop
Founder’s
Strategy/
action plan
5-10 hours
Hire CEO and
orient to culture
/ objectives of
agreed upon
CEO 100-day
plan
5-15 hours
Develop board
matrix of needs,
director
accountability.
Conduct initial
interviews
5-20 hours
Organize
external and
internal
resources, i.e.
executive
requirements,
outside advisors,
etc.
5-20 hours
Complete company
PR and website
showing CEO,
Board, executive
team and partners
5-20 hours
Foundation in
place for board,
executive team
and compelling
story
Maximum:
25-85 hours
@$400/hour
2nd
90
Days
Founder’s
persona
influences
CEO, board
team,
message etc.
CEO helps build
board, internal /
external
resources and
company story
Three advisory
board members in
place
70% complete
with internal
external
resources
Present great PR
program to attract
investors and
talent-+
Company ready
to go to market
with story, team,
and investor
pitch
3rd
90
Days
Investor
Roadshow
ready to go
Hire key
executives
Directors
accountable for
money/sales and
product
development
Outside partner
resources in
place with key
objectives
Fully-functioning
executive team and
board
Preliminary
commitments for
funding and sales
TALENT
Client Sample

10. 5 Steps To Create a High-Performance Board
for Your Startup Success
Create a Startup Board Plan
Recruit Key People
Drive 90-Day Results
Know Your Talent + Strategy=Results Metric
Use a Boardroom Performance System

11. The Panel • Mairtini Ni Dhomhnaill, Founder
Countsy-board/financial issues for
start ups, (clients Facebook,
Instagram)
• Carey Ransom, Founder OC4 Venture
Studio-resources for startups,
investor, active in OC ventures and
community.

12. Mairtini Ni Dhomhnaill
Founder of Countsy / Startup CFO
We are your company’s back office function. We provide
Accounting and HR as a service to venture backed startups.

14. Top 5 Most Important Things About Board Management
Be
Transparent
Don’t keep secrets
from your board.
Be Proactive
Communicate bad
news before the board
meeting (never at the
meeting).
Be Accurate
Only present numbers
that are vetted and
aligned across the
deck (bookings # from
Sales same as
bookings # in
Finance).
Be Brief
Board
communications
should be high level,
insightful and clear.
Be Strategic
Don’t come to your
board with tactical
problems. Save them
for the hard stuff.

15. OC4 Venture Studio
Carey Ransom
President & Co-Founder
Technology entrepreneur, executive, investor,
and board member, Carey has started, grown
and/or led nine B2B and consumer technology
companies during startup and growth phases.
– Collectively raised over $250M+ in Venture Capital
– Past companies achieved $1B+ in enterprise value
1
5
My Core Values
• Company building
is a team sport
• Embrace diversity
• Stay humble
• Be curious
• Build community

16. Questions

17. In Summary:
5 Steps To Create a High-Performance Board
for Startup Success
Create a Startup Board Plan
Recruit Key People
Drive 90-Day Results
Know Your Talent + Strategy=Results Metric
Use a Boardroom Performance System