Serving on Advisory Boards

Serving on Advisory Boards

with Breen Sullivan

“When you are an advisory board member, you’re being tapped to fill a skill gap to help connect that management team to particular communities or networks or people, or maybe help them secure some type of contract that can really make the difference for the company.” — Breen Sullivan, The Fourth Effect

Being on an advisory board can help you make an impact, elevate your career, and maybe even get equity in a company or get paid. But the stats for women — and women of color — on boards are dismal.

We need more women on advisory boards. But most of us just don’t know how it works since it’s been done behind closed doors or through an “old boys’ network.” Learn how the process works and how to get on for-profit advisory boards with my guest Breen Sullivan in this week’s episode of Profitable Joyful Consulting.

Key areas discussed in this episode

  • 0:00 Introduction
  • 4:10 How Breen’s company helps more women get on for-profit advisory boards
  • 10:23 The gap that causes less diversity — and unfilled seats — on boards
  • 14:33 Getting on boards at companies that aren’t just not-for-profits or Fortune 500 companies
  • 17:33 The economic case for diversity
  • 26:23 The difference between a governing board and an advisory board
  • 34:45 What consultants do versus what board members do
  • 37:50 How to find the right board
  • 42:21 Stories of members who have gotten positions on boards
  • 47:13 Gaining the confidence to become a board member