Clear vision. Sharp strategy. Sustainable growth.

INDEPENDENT BOARD MEMBER

An independent seat on your board

An independent board member is not just a mark of good governance — it is a decisive factor in helping a business grow sustainably and make real leaps forward.

An Independent Board Member is someone appointed to a company's board of directors who has no ties to the founders or investors and no prior direct personal interest in the company. The role is to bring a neutral perspective, objective assessment and strategic advice that protect the long-term interests of the company and its shareholders.

Discuss this role

HOW I GET INVOLVED

Four roles in one board seat

One person joins your board with four clearly defined areas of work that don't overlap with your executive team.

THREE STEPS

The first six to twenty-four months decide everything else

For a business just starting out, the first 6–24 months are the hardest and most important period. Waste this stage, and it becomes very hard for the company to recover and break through.

The three steps below correspond to the three areas of work above — read them in order if your business is at an early stage.

  1. 01Now

    Build a high-growth business model

    A model aimed at a market big enough to scale (venture scale), with durable revenue and margins that can expand over time.

  2. 02Next step

    Position the company as the market leader

    Create or redefine a segment the business can lead, rather than competing head-on in an existing market.

  3. 03Final step

    Raise capital and expand into new markets

    Prepare the investment package, choose the right type of investor and go through funding rounds with a story backed by data.

Untangling bottlenecks · Chief Problem Solver

Clear the bottlenecks before talking about growth

Most businesses aren't stuck on ideas — they are stuck on the model: the problem isn't big enough, revenue isn't durable enough, or the product doesn't open up an ecosystem. The three pieces of work below come before any discussion of speed.

Identify a big problem and a large enough market

A widespread problem that customers in the industry are facing, paired with a solution that is meaningfully different from competitors.

  • A market big enough to sustain continuous growth, with the potential to scale internationally or create a new segment.
  • A product with lasting value that doesn't just solve an immediate problem but builds a durable competitive advantage.

Optimize the revenue model

Redesign revenue streams so that cash flow is stable and margins expand over time.

  • Recurring revenue instead of one-off deal revenue.
  • Margins that can grow without a matching increase in costs.
  • A model that scales through automation or a technology platform.

Develop an ecosystem and complementary products

Integrate the core product with supporting services or a partner ecosystem to create new revenue streams and keep customers for longer.

  • Complementary products that leverage the core product and extend the customer lifecycle.

Architecting growth · Strategic Growth Architect

Lead a market instead of chasing it

The surest way to avoid competing on price is to create or redefine a segment the business can lead.

Transparent governance · Governance Expert

Transparent governance makes contribution possible

For an independent member to create value, the business needs four conditions in place. These are also the four things I help set up in the first quarter.

Choose the right person for the right need

A startup needs an expert with specific experience of its current stage: international expansion needs someone who has done it internationally; technology development needs someone with a technical background.

Build a transparent governance environment

Every activity and decision is transparent, so the independent member has enough information to contribute: financial reports, strategy and the major challenges the company is facing.

Make room for real contribution

The independent member's role doesn't stop at observation. The executive team needs to enable this person to take part in major decisions and in shaping the company's future.

Connect the independent member with every party

The working relationship between the independent member, the founders and the investors needs to be clearly established, so that strategy and vision move in the same direction.

Advising the board · Board Advisor

Preparing for the next funding round

Fundraising is a process you can prepare for in advance. The four pieces of work below usually start at least two quarters before a round opens.

Define the capital need and how it will be used

How much to raise and how it will be allocated to specific activities: R&D, marketing, market expansion, hiring. A clear and transparent use-of-funds plan is what builds investor confidence.

Choose the right type of investor

Strategic investors bring relationships and industry knowledge; venture capital funds suit high-growth businesses; angel investors fit the early stage.

Build the fundraising roadmap

Pre-seed and Seed to develop the product and validate the market. Series A once there is stable revenue or a customer base, to scale up. Series B and C focus on growing market share.

Convince investors

Long-term growth potential, a compelling story backed by convincing data, and a founding team capable of executing the strategy they present.

THE VALUE IT BRINGS

Why an independent seat matters

  • Compliance and transparency oversight

    Ensures the business operates to proper standards and stays clear of legal issues, building trust with investors and partners.

  • An objective, neutral perspective

    Free from internal pressures or personal interests; analysis grounded in data and the market, avoiding one-sided decisions.

  • Shaping culture and the team

    Helps build a corporate culture strong enough to attract and retain talent and get the best out of the team.

  • Deep expertise, long-term vision

    Practical strategy combined with risk management and resource optimization, getting the company ready for funding rounds or an IPO.

  • A wider network

    Connects the business with new partnership opportunities, potential investment funds and people who can support its growth.

ENGAGEMENT ROADMAP

Six steps, each with a concrete outcome

The roadmap covers one engagement term and is adjusted to each company's stage and resources.

  1. 01

    Assess the current state

    A comprehensive review of finance, operations, product and market to see strengths, weaknesses and opportunities clearly.

    Outcome: A clear picture of where the company stands.

  2. 02

    Build a long-term vision and strategy

    Set growth targets and build a development plan based on industry trends and competitors.

    Outcome: An action plan with concrete milestones.

  3. 03

    Optimize governance and risk management

    Establish a rigorous governance system with risk-monitoring mechanisms.

    Outcome: A solid governance structure and reduced risk.

  4. 04

    Fundraising and financial strategy

    Fundraising advisory and introductions to potential investors suited to the company's stage.

    Outcome: A financial plan and an effective fundraising strategy.

  5. 05

    Develop partnerships

    Expand the network of strategic partners and key customers.

    Outcome: A strong partner network that opens new business opportunities.

  6. 06

    Build culture and people

    Support the development of corporate culture and the retention of talent.

    Outcome: A cohesive, motivated team.

EXPECTED OUTCOMES

What the business looks like after one engagement term

  • GROWTH

    Growth in revenue and market share

    Revenue and market share expand thanks to a clear strategy and an efficient operating structure.

  • STABLE

    Financial stability

    A sustainable financial foundation, able to raise capital and optimize costs.

  • TRANSPARENT

    Transparent governance

    A transparent governance system to international standards that earns investors' trust.

  • EXPANSION

    A wider partner network

    Connections with major strategic partners that open up new business opportunities.

  • REPUTATION

    A stronger brand and reputation

    A higher standing in the industry, attracting more investors and partnership opportunities.

Who is an independent member

Someone appointed to the board who is not a shareholder, has no close ties to the executive team and has had no prior direct personal interest in the company. That very distance is what gives the position its value.

Why a business needs this position

Four reasons that come up again and again in businesses growing faster than their own governance.

  • ObjectivityHelps the board make neutral decisions, free from personal interests.
  • Building trustIncreases transparency and builds investor confidence.
  • ExpertiseBrings the experience and skills needed to grow the business.
  • Risk managementHelps control risk and ensure legal and financial compliance.

Practical value, not just advice

A mediator when the parties disagree, someone who asks the hard questions in the boardroom, and someone who shares responsibility with the board for major decisions — rather than offering comments and walking away.

THE TEAM

More than one person on your board

An independent seat comes with a network of experts in the areas businesses most often need: digital transformation, finance, import & export, international marketing and chain operations.

  • Tony Phan

    Senior Business Advisor

    FPT, Tima Group, Aizen Fintech, Vinamilk, Mekong Investment Group, Gateway Vietnam, CJ&T Global, VietCredit, K-Group, CEO Group, BusinessPro.

  • Nghi Truong

    Digital Transformation Expert

    More than 15 years of digital transformation consulting and product development in fintech, banking, hospitality, insurance and supply chain; has worked in Vietnam, France, Canada and India.

  • Hai Bui

    CEO / Finance Advisor

    More than 15 years as a CEO, financial advisor and business developer for multinational financial and fintech groups: Minterest (Singapore), Aizen (Korea), TrueMoney (Thailand), Thaco, FPT, VietCredit, Tima.

  • Andrea Đặng

    International Sales & Export Director

    36 years in import & export and logistics, with an international sales network across major industries in more than 150 countries.

  • Christina

    International Marketing & Business Director

    15 years in strategic planning, international marketing, business development and global supply chain at FPT, Vingroup, Sonkim Retail and IPP Group.

  • Mohammad Khamis Ibrahim Bin Khamis

    Middle East & North Africa

    Former Deputy Minister of Transport of the UAE and owner of tourism and healthcare businesses in Dubai, with a strong trade network across the Middle East and North Africa.

  • Michael Huynh

    CEO / CMO / CPO / CCO

    VinCommerce, An Khue Saigon, Antique Boat Food & Condiment, Privat Investment NH Group, Sapporo Vietnam, An Nam Group.

  • Johny Dung

    CEO / CMO / CCO / CFO

    CEO of Kha Thi Technology, CEO of Dai Thinh Vuong Trading & Services, advisor to Thanh Nien Media Group, CEO of Mobi Home and Farmvina.

  • Huu Phuc

    CTO / Digital Transformation Expert

    FPT, Tima, Aizen, TrueMoney, Vingroup.

TRUSTED BY THE PEOPLE WE WORK WITH

Stories of transformation

Tony has a rare ability to see the big picture while staying sharp on every financial detail. His involvement was the key factor in our successful fundraising and in reshaping our business model for the next ten years.
CEOHealth Food & Export Company
Decisive, transparent and insightful. Tony doesn't just advise — he ‘rolled up his sleeves’ with us through the hardest period the market has seen. A trustworthy partner for any board of directors.
FounderRetail & F&B Chain (60 stores)
For the first time, I felt ‘led from within’. And I want to pass that on to my whole team.
ChairmanEducation company

See how other businesses have made the journey

Engagement stories in finance, real estate, import & export, M&A and retail chains.

View case studies

Invite Tony to your board

If your company is considering an independent board seat, start with a conversation.

Talk with Tony