Startup Professionals Musings

NOVEMBER 27, 2022

That’s the function of a good advisory board. Thus I believe every smart investor, potential partner, or critical new hire will look for a properly built advisory board as a key criteria before selection or making a commitment. Keep the advisory board to a manageable size.

Advisory Board 308

Advisory Board Angel Investor Startup Later Stage 308

Both Sides of the Table

MAY 27, 2013

By spending more time educating your board on your business you get more valuable advice from them. Understanding where your VC partner sits in their respective fund and where their fund is in the cycle of its investment lifecycle will help you understand your VCs behavior. But asking your board will keep them engaged.

Advisory Board 365

Advisory Board CTO Hire Fractional CTO Los Angeles 365

Board Effect

MARCH 28, 2024

Custom workflows allow the board management software to become a project-management tool, with built-in approvals, notifications and reminders and easy linking to relevant resources. For example, foundations, event committees, medical executive committees, quality teams, advisory boards and leadership teams, to name but a few.

Software Review 52

Software Review Software Management West Virginia 52

YoungUpstarts

AUGUST 5, 2015

We were not any different, we had corporate bylaws, which my partner and I both reviewed and signed. Our company was essentially going to be 50/50, but since my partner at the time was Indian, we decided that we would apply for HUB status as a business. Unfortunately, a formal advisory board was something we never fully formed.

CTO Hire 100

CTO Hire Fractional CTO Advisory Board Software Review 100

Startup Professionals Musings

NOVEMBER 1, 2014

Every young entrepreneur needs an experienced partner for credibility with investors, and as a trusted cohort for strategy and growth discussions. Member of the Advisory Board. Manage customer service. Marketing and sales to Gen-Y customers. Supportive co-founder and executive positions.

Entrepreneur 266

Entrepreneur Advisory Board Dividend Angel Investor 266

www.instigatorblog.com

MARCH 2, 2010

The Importance of Advisory Boards for Startup CEOs Tweet When a startup receives financing it will need to setup a Board of Directors. The Board probably existed beforehand, but was made up only of the founders. Mark Macleod spells it out beautifully in his post on Advisory Boards. Why wouldn’t you?

Advisory Board 40

Advisory Board Startup Cofounder Equity 40

Startup Professionals Musings

SEPTEMBER 30, 2013

Make sure your plan answers every relevant question that you could possibly imagine from your business partners, spouse, and potential investors. Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction.

Intellectual Property 281

Intellectual Property Entrepreneur Sweat Equity CTO Hire 281

Startup Professionals Musings

JULY 8, 2020

Many startup founders I know avoid establishing a formal advisory board or board of directors for as long as possible, with the excuse that this is just another burden, or it has more risk than value to the founder. If you expect that board members will always agree, or always support you, then you are destined for trouble.

Advisory Board 336

Advisory Board Startup IPO Government 336

Austin Startup

SEPTEMBER 19, 2017

For startup founders, it’s never too early to start thinking about putting together a target market advisory board. The target market advisory board should consist of 2–4 industry veterans who have connections to C-level execs and VPs in your target market. Never discount the power of a warm intro.

Advisory Board 48

Advisory Board Sweat Equity Marketing Vertical 48

Startup Professionals Musings

MARCH 25, 2022

If you have had a bad day, or are in a negative state of mind, skip any tough negotiation sessions with partners and personnel discussions. You may think it’s great that demand exceeds your supply chain, but customers only remember it as a loss of your credibility, and will tell others. Establish an advisory board of experienced peers.

Advisory Board 336

Advisory Board Due Diligence Demand Partner 336

YoungUpstarts

JUNE 4, 2019

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “ As we continue our exploration of the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale – I will walk you through the principles.

Framework 118

Framework Architecture Cleveland Early Stage 118

Steve Blank

NOVEMBER 16, 2009

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers?

Customer Development 219

Customer Development Web Developer Customer 219

Startup Professionals Musings

AUGUST 31, 2012

Make sure your plan answers every relevant question that you could possibly imagine from your business partners, spouse, and potential investors. Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction.

Intellectual Property 260

Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

YoungUpstarts

MAY 24, 2019

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “ As we continue our exploration of the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale – I will walk you through the principles.

Framework 104

Framework Architecture Cleveland Early Stage 104

Startup Professionals Musings

JULY 3, 2012

There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. Trusted partners quit, personal friends become enemies, and staff management becomes a huge burden. Maintain your focus, but assume that changes in your plan will be required.

Advisory Board 240

Advisory Board Forecast Early Stage Product Development 240

Startup Professionals Musings

JUNE 17, 2011

Make sure your plan answers every relevant question that you could possibly imagine from your business partners, spouse, and potential investors. Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

Startup Professionals Musings

FEBRUARY 19, 2022

But the entrepreneurs that have it, including Elon Musk and Richard Branson, seem to be able to effortlessly get team members, investors, and customers to follow them anywhere. Investors and partners look for entrepreneurs that will look them straight in the eye when speaking, and give their full and undivided attention while you’re speaking.

Advisory Board 348

Advisory Board Bandwidth .Net Social Media 348

Startup Professionals Musings

MARCH 31, 2017

The best business partners have strengths that complement yours, and they are smarter than you in their domain. I always recommend that a startup founder enlist an advisory board of three to five members, and I find that people who resist this help are not very resilient. They bring you solutions, not just problems.

Advisory Board 120

Advisory Board Social Media Cofounder Technical Review 120

Startup Professionals Musings

JULY 6, 2016

That’s the function of a good advisory board. Thus I believe every smart investor, potential partner, or critical new hire will look for a properly built advisory board as a key criteria before selection or making a commitment. Keep the advisory board to a manageable size.

Advisory Board 151

Advisory Board Angel Investor Later Stage Stock 151

BeyondVC

JANUARY 3, 2019

We had another solid year filled with learning, growth, laughter, and new projects and partners. Thanks to all of the amazing founders, advisors, co-investors, corporate partners, and others that helped make 2018 an amazing year. Welcome to our annual boldstart recap and enterprise predictions letter. First check to Series B?—?congrats

Stealth 79

Stealth Advisory Board Cloud Virginia 79

Startup Professionals Musings

APRIL 20, 2011

There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. Trusted partners quit, personal friends become enemies, and staff management becomes a huge burden. Maintain your focus, but assume that changes in your plan will be required.

Advisory Board 232

Advisory Board Startup Forecast Early Stage 232

Startup Professionals Musings

MARCH 18, 2020

I found this reality addressed well in a new book, “ Fast Times ,” by McKinsey Partners Arun Arora, Peter Dahlstrom, Klemens Hjartar, and Florian Wunderlich. It’s important to note slippage indicators, including less internal feedback on requirements to fight competitors, and more focus inward than outward on customers needs and trends.

Agile 307

Agile Advisory Board Metrics Asia 307

Startup Professionals Musings

MAY 22, 2010

Make sure your plan answers every relevant question that you could possibly imagine from your business partners, spouse, and potential investors. Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction.

Intellectual Property 222

Intellectual Property Sweat Equity CTO Hire Fractional CTO 222

Startup Professionals Musings

DECEMBER 11, 2010

Many startups have an advisory board of sympathetic people with industry expertise, or people who enjoy mentoring, or people who donate a few services on the come. Once you take investment, you will also have a fiduciary board, with the responsibility of making the company successful. All problems will go away.

Advisory Board 233

Advisory Board Cofounder Phoenix Arizona 233

Steve Blank

JUNE 6, 2016

A thought leader in the area of big data analytics, social media, optimization, machine learning, and data mining, he also served as a Venture Advisor focusing on big-data analytics at Trident Capital , and was on the advisory board of several startups. . Evangelos Simoudis’ is the founder and managing director of Synapse Partners.

Silicon Valley 120

Silicon Valley Entrepreneur Fractional CTO Analytics 120

Up and Running

MAY 10, 2012

Sulaiman Sanni and his partner Ben Lamson were both working for Meltwater Group, a large, well known Software as a Service company, Su as a social media consultant and Ben as a sales manager. version, and talking to an advisory board and seed round investors already.” Ben Lamson and Sulaiman Sanni, WeDidIt cofounders.

Small Business 142

Small Business Advisory Board Employee Entrepreneur 142

thebarefootvc

AUGUST 13, 2013

These vertical solutions would focus on specific pain pain points in the enterprise, such as logistics or customer relationship management. Slice and dice this landscape according to different features/metrics that you think are important to your CUSTOMER. Or at least get some of them on your advisory board.

Advisory Board 70

Advisory Board Cloud Venture Capital Vertical 70

Startup Professionals Musings

MAY 18, 2019

But the entrepreneurs that have it, including Elon Musk and Richard Branson, seem to be able to effortlessly get team members, investors, and customers to follow them anywhere. Investors and partners look for entrepreneurs that will look them straight in the eye when speaking, and give their full and undivided attention while you’re speaking.

Entrepreneur 257

Entrepreneur Advisory Board Bandwidth .Net 257

Startup Professionals Musings

JUNE 7, 2019

I saw this challenge outlined well in a new book, “ Learning to Lead ,” by Ron Williams, former CEO of Aetna and self-made business leader, who rose from the poor side of the tracks in south Chicago to lead several large businesses, and ultimately serve on the President’s Management Advisory Board for several years.

Advisory Board 227

Advisory Board Chicago Database Leadership 227

Startup Professionals Musings

APRIL 12, 2010

There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. Trusted partners quit, personal friends become enemies, and staff management becomes a huge burden. Maintain your focus, but assume that changes in your plan will be required.

Advisory Board 125

Advisory Board Startup Forecast Early Stage 125

BeyondVC

JANUARY 6, 2018

2017 was another year of growing, learning, investing and partnering with amazing founders. Our partners include IBM and one unannounced Fortune 50. This resulted in tons of collaboration with large enterprises ranging from product feedback to pilots and customer relationships. 2017 Recap.

Cloud 60

Cloud Cofounder Portfolio Advisory Board 60

ConversionXL

AUGUST 11, 2021

To uncover audience problems and motivations, call on your brand market research or customer service data. The more you know about your audience, the better you can customize your offer to appeal to the right kind of sponsors. Next, look at any companies or suppliers you already partner with. Asset valuation.

Audience 139

Audience Social Media Email Ruby 139

crowdSPRING Blog

FEBRUARY 14, 2019

Find partners or investors. Make sure you build your business to meet the needs of a specific niche to avoid overspending and underwhelming all of your potential customers. That passion will come through in everything you do, and your customers will appreciate and embrace the authenticity of your brand. Write a business plan.

Angel Investor 85

Angel Investor Small Business Business Plan Intellectual Property 85

Duct Tape Marketing

APRIL 11, 2022

Running a business is hard But with a good referral program it doesn't have to be As a small business owner you are probably thinking about helping your current customer or trying to figure out how to increase sales. As a business owner myself, I know you just want your customers to be happy with their purchases.

Programming 87

Programming Small Business Advisory Board B2B 87

BeyondVC

MARCH 14, 2006

Trust me, I am all for advisory boards. Many entrepreneurs or management team put together advisory boards to get real expertise on product direction, the market, and to expand their network to reach new customers and partners. The post Advisory Boards appeared first on BeyondVC.

Advisory Board 60

Advisory Board Vesting Portfolio Naming 60

Startup Professionals Musings

JANUARY 6, 2021

Every new business I know dreams of building momentum in their business, where growth continues to increase, customers become your best advocates, and employee motivation is high. Unfortunately, with limited resources, this isn’t possible, and it frustrates customers and the team. Focus first on finding more of the right customers.

Technical Review 400

Technical Review Technical Cofounder Advisory Board Cofounder 400

Up and Running

AUGUST 30, 2017

This description should basically be an elevator pitch for potential partners and business investors to get excited about what you’re offering and your unique location, philosophy, and approach. What are the details of your ownership structure, board of directors, investor list, partners, and so on? Reach your target market.

Business Plan 93

Business Plan SBA Software Review Advisory Board 93