Running a property business can be a lonely job. There is often no one to challenge you, no one to bounce ideas off, and nobody asking the awkward questions before the bank does.
In this episode of The Rodcast, Rod Turner and Adam Lawrence explain the Boardroom Club, the board advisory group they have run for over six years. It is built for established property business owners, not people fresh off a two-day course.
You'll hear how it works, from the initial deep dive to the monthly board reports and the quarterly meetings in person, who it suits best, the problems that tend to turn up once someone looks properly, and the honest downsides. It is not all praise, and the first few months are hard work.
Chapters:
00:00 How the Boardroom Club started
02:04 Board advice, and who it is for
04:36 The initial deep dive
06:15 Three types of member, and pivoting when markets change
11:01 How often you meet, and why two advisers help
13:50 The problems we usually find
16:33 The downsides, and the commitment it takes
18:00 Book a free 15-minute call with Rod
Book a free, no-obligation 15-minute call with Rod: https://calendly.com/rod-94/boardroom-club-15-minute-call
Find out more about the Boardroom Club: https://tinyurl.com/joinBRC
Subscribe to The Rodcast for more property, business and investment episodes: https://www.youtube.com/@rodcast-property
Nothing discussed in this episode constitutes formal financial or investment advice. Always do your own due diligence before investing capital.
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