It’s the same reason why an advisory board should be dedicated to the founders, not the company (or others involved in the company.) Startups advisors advisory board lean canvas mentoringFred Destin wrote a fantastic blog post recently on how to be a good startup mentor. As Fred notes, “good mentoring is hard.” MORE >>

properly built advisory board can be a huge strategic advantage to any company. On the other hand, an advisory board put together haphazardly can be the biggest mistake for a company in the early stages of business. How do you avoid the advisory board death spiral? Select the right board member. MORE >>

Your startup is now part of someone’s portfolio, and here are a few of the ways in which you should expect to be monitored by your investors: One or more seats on the Board. Maybe you had an informal Advisory Board before, but now you have a formal Board of Directors. Manage to documented milestones. Do not delegate. MORE >>

If you are an entrepreneur for the first time, or entering a new business area, it’s usually worth your time to assemble an Advisory Board of two or three executives who have travelled that road before. Here are some tips on using your advisory board effectively: Select people who complement your experience. MORE >>

Lessons Learned by Eric Ries Monday, October 26, 2009 A real Customer Advisory Board A reader recently asked on a previous post about the technique of having customers periodically produce a “state of the company&# progress report. One example is having a real Customer Advisory Board. They make mistakes. for H. MORE >>