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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Commentary

The best lesson I learned from joining a board

By
Juliet de Baubigny
Juliet de Baubigny
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By
Juliet de Baubigny
Juliet de Baubigny
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April 8, 2015, 7:30 AM ET
Courtesy of Kleiner Perkins Caufield & Byers
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MPW Insider is an online community where the biggest names in business and beyond answer timely career and leadership questions. Today’s answer for: How do you stay motivated at work? is written by Juliet de Baubigny, partner at Kleiner Perkins Caufield & Byers.

Push the boundaries: join a board. I strongly recommend that all professionals get involved with work outside of their day job and, when they can, join a board – the right board – as a way to keep highly motivated at work.

A few years into my career at KPCB–just when I was starting to really hit my stride (and probably my comfort zone)–my KP partner John Doerr came to me with a completely out-of-the-box request: Would I be willing to speak with Bono and Bobby Shriver about the “Product RED” initiative they recently launched in the U.K.? That conversation began a nine-year journey, first as an advisor and then as a board member working to shape an organization that has now contributed more than $300 million to The Global Fund to provide antiretroviral drugs to women and children in sub-saharan Africa.

Joining a board also shaped me as a professional in more ways than I could imagine. It tested first-hand everything that I was advising our entrepreneurs to do as they built their companies: achieve the impossible on a limited budget, hire the best (one of the best hires I have ever made was bringing in Deborah Dugan to run RED), navigate choppy regulatory waters, reshape the business model against a changing economy, and develop long-term partners. At the same time, I had the privilege of watching a team and board come together to do something truly impactful: get medicine to those who need it and, ultimately, save lives.

This “night job” taught me passion, tested my skills, and pushed me to grow–all skills from which KPCB was able to benefit tremendously. Joining a board (profit or not for profit) develops all the skills above, plus time management in order not to detract from your day job. It has been an incredible learning experience and has truly inspired me.

Read all answers to the MPW Insider question: How do you stay motivated at work?

5 secrets to stay motivated at work by Sarah Robb O’Hagan, president of Equinox.

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