Hi!
I have been receiving many questions about how to about set up and get the most benefit from an Advisory Board. I have written two posts about how to get the most out of your advisory board:
Getting the Most Value from an Advisory Board – Part 2
The best Advisors are people who believe in you and who believe in your deal, and who ALSO have some skills or background that can be helpful to you and your company. Remember, you need to be willing to learn from them, in order for it to be a productive relationship. Think carefully about what help you might need. It could be simply that you want an experienced entrepreneur to bounce ideas off of. It may be that you want someone who’s got scaling experience in your industry. A specialist such as a lawyer or financial pro (to help guide you how best to work with your paid pro team!) Here are some more insights (Part 2) on how to build a helpful Advisory Board.
For the rest of the post, click here.
For the first part, "Getting the Most Value from an Advisory Board – Part 1," click here:
While I was writing about the Advisory Board, I wanted to update advice on Building Your Startup’s Team of Outside Professionals Team – Lawyers, Accountants and Providers.
For that post, click here.
As always if you need some help, we have an online course as well as personal coaching to help you put together an award-worthy proposal.
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