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 >>

Hopefully they’ll prove helpful to entrepreneurs looking for mentors (and trying to understand what to expect), and to other mentors trying to figure out how to get involved in startups. Entrepreneurs get blinded; mentors shouldn’t. Startups advisors advisory board lean canvas mentoringThe Lean Canvas. MORE >>

The naïve entrepreneur thinks he can relax, after he finally cashes the check from a professional investor, but in reality that’s when the work and the pressure starts. 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. MORE >>

An advisory board has no decision making authority for the organization; a Board of Directors does have such authority. As a result of this difference, each body should be managed (and thought of) very differently from the perspective of the startup entrepreneur. and not at the board. MORE >>

The best angels you will find are the ones who know you personally, or know a member of your team or advisory board. Asking an angel to work with your company in an advisory role is a great way to establish a relationship that may lead to a cash investment. entrepreneurs startup funding angel investors business MORE >>