Think Like an Owner

Right to Win EP.5: Better Boards with Chris Hendriksen and Aaron Perrine - EP.280

Mar 24, 2026
Chris Hendriksen, investor at Pacific Lake Partners who builds board toolkits. Aaron Perrine, partner at Trilogy who advises on post-acquisition governance. They explore what high-performing boards feel like, how to form and evolve boards, building trust and chemistry with CEOs, practical composition and timing tips, and why feedback, executive sessions, and recruited operators matter.
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INSIGHT

Trust Is The Board Relationship Currency

  • Trust is foundational and is composed of competence, reliability, intimacy, and low self-orientation.
  • Without that baseline trust, even well-designed toolkits and norms won't produce an effective board relationship.
INSIGHT

High Performing Boards Feel Like Team Sports

  • The best boards feel like a team sport where members play complementary roles and prioritize teammates over personal glory.
  • That emotional flow—fun, trust, and shared purpose—drives sustained high performance.
ADVICE

Form Boards Early And Build Role Diversity

  • Start forming the board early during fundraising and test chemistry with prospective investor directors before close.
  • Build a mosaic of roles, not just seniority: mix veterans with developing directors and ask investors for candidate referrals.
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