When it comes to earning a second income, the advice often revolves around starting a ‘side hustle.’ The media is full of stories about people turning hobbies into thriving businesses.
But let’s face it, not everyone wants to spend their evenings stitching finger puppets for Etsy. What if, instead, you could leverage your existing skills and reputation to create an additional income stream that fits seamlessly into your life?
While there’s nothing wrong with craft-based entrepreneurship, many accomplished professionals seek opportunities more aligned with their existing expertise and career trajectory.
For many professionals, the answer is a board seat.
Securing A Board Seat
Serving on a company board typically requires just a few hours a month (plus reading time) and can be incredibly lucrative, fascinating, and career-enhancing.
Consider the efficiency of this arrangement, while others juggle multiple gigs or struggle to build a business from scratch, board members contribute their expertise in focused, high-impact sessions. The time investment is minimal compared to the potential returns, both financial and professional.
However, the most effective way to land a board seat isn’t by applying for one. That’s why I always tell people, ‘Don’t apply for board seats.’ Board positions, unlike traditional roles, often materialize through reputation, relationships, and recognition rather than formal applications.
Boardroom Blueprint
The path to the boardroom is paved with strategic networking, thought leadership, and demonstrated expertise in your field.
By actively building relationships, sharing valuable insights, and consistently showcasing your expertise, you position yourself as a trusted leader ready to contribute at the highest level.
The boardroom is for those who bring fresh perspectives, informed decision-making, and a commitment to long-term value creation.
If you’re curious why, and want to learn what you should do instead – you can grab a free copy of my book, Boardroom Blueprint.