Startup Professionals Musings

JULY 23, 2012

I recommend that every early-stage startup find three Advisory Board members. Once your company is past the startup stage, you do need a board of directors. What better candidates than your Advisory Board? The more experienced and blunt your board members are, the better. Let’s talk specifics.

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Startup Professionals Musings

MAY 25, 2012

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.

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NZ Entrepreneur

APRIL 28, 2019

Here’s how to build a startup advisory board. And while it often seems more involved and complex than it is in reality, setting up an advisory board is something you should look to put in place in the early stages of your entrepreneurial venture. Selecting an advisory board is the tricky part.

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Startup Professionals Musings

MAY 5, 2011

I recommend that every early-stage startup find three Advisory Board members. Once your company is past the startup stage, you do need a board of directors. What better candidates than your Advisory Board? The more experienced and blunt your board members are, the better. Let’s talk specifics.

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Startup Professionals Musings

DECEMBER 21, 2010

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.

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Both Sides of the Table

OCTOBER 11, 2009

Many startup companies hire advisory boards. So do advisory boards really add value? In my experience most advisory boards under deliver relative to expectations. Ok, next advisory board meeting in 60-90 days. This is part of my ongoing series Startup Advice. It’s very tempting.

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Mike Michalowicz

AUGUST 10, 2012

This got me thinking, I need to have a “Heavenly Advisory Board.” I decided to do it, and created a Heavenly Advisory Board. I plan to have an “advisory board” of perhaps ten when I am done. Your Own Heavenly Advisory Board. It’s heaven after all. Why G-Dub ?

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Startup Professionals Musings

FEBRUARY 3, 2010

A 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.

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Startup Professionals Musings

FEBRUARY 6, 2022

Many entrepreneurs I know are confused by the definition and need for an Advisory Board versus a Board of Directors. By definition, Advisory Boards are voluntary and have no fiduciary responsibility. How much are you willing to spend on your board? Legally, Directors are accountable for corporate conduct.

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Berkonomics

DECEMBER 14, 2017

Have you ever thought of creating an advisory board? Usually, you would want to create an advisory board to fill in the critical areas of need not evidenced in the board of directors or within the company itself. How many advisors should you seek for a board? How do you pay an advisory board?

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Gust

JULY 15, 2012

I recommend that every early-stage startup find three Advisory Board members. Besides laying out the benefits, your advisory board invitation letter also might include: Your business plan executive summary. The Advisory Board’s objectives and focus. What better candidates than your Advisory Board?

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The Next Web

JULY 12, 2017

Every startup CEO knows that in theory their advisory board is just here to ‘advise’. Here are the four types of people you’ll encounter on every startup advisory board and how to deal with them. Here’s something they might not have told you when you set up your startup to “be your own boss” — everyone has bosses.

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Jeff Hilimire

JULY 8, 2020

One of the best things we ever did at Spunlogic was to create an advisory board early on. On my most recent podcast , I talk to Blair Brady, CEO of WITH/agency , about the do’s and don’ts of advisory boards. The post Everything I know about advisory boards appeared first on Begin the Begin.

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SiliconHills

JUNE 28, 2019

The post Hypergiant Adds Bill Nye, the Science Guy, to its Advisory Board appeared first on SiliconHills. . “We’re not aiming for utopia, but simply a better universe,” Nye says in the video. “This […].

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Steve Blank

NOVEMBER 30, 2022

But having been in the middle of this conversation when I served on one of the Defense Department’s advisory boards, I understand why the Pentagon can’t count. The Defense of Department’s 40-plus advisory boards are staffed by outsiders who can provide independent perspectives and advice. The Road Not Taken.

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Startup Professionals Musings

FEBRUARY 8, 2021

Here are some key reasons why I believe every entrepreneur should create a formal Advisory Board or Board of Directors before they ask for funding, or even build their business plan: We all need a bit of reality to balance our passion. Advisory members are Board of Directors candidates.

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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.

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Startup Professionals Musings

APRIL 28, 2010

I recommend that every early-stage startup find three Advisory Board members. Once your company is past the startup stage, you do need a board of directors. What better candidates than your Advisory Board? The more experienced and blunt your board members are, the better. Let’s talk specifics.

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Startup Professionals Musings

MAY 8, 2019

Image via Flickr by MDGovpics Many entrepreneurs I know are confused by definition and need for an Advisory Board versus a Board of Directors. By definition, Advisory Boards are voluntary and have no fiduciary responsibility. How much are you willing to spend on your board?

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Gust

DECEMBER 3, 2011

And I don’t mean because they lend a credible name to an investor pitch: way too many entrepreneurs look at names on Advisory Board as just a way to expedite a raise. If that’s all you really expect of the Board, you’re cheating yourself as well as the investors before whom you dangled the names. But please do not ignore it.

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Startup Professionals Musings

JANUARY 2, 2022

The best angels you will find are the ones who know you personally, or know a member of your team or advisory board. Find the right investment advisor, or member of your advisory board, and the “match-making” will happen. If you need more, you need VCs or a flock of angels. So how do you find those good angels?

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Startup Lessons Learned

OCTOBER 26, 2009

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.

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Hunter Walker

OCTOBER 20, 2013

Advisory boards come up often in conversations with founders, especially early in a company’s life when they’re looking to build out expertise, industry relationships and social proof. While not everyone is a fan of Advisory Boards , I believe they can be valuable. Does your startup have advisors?

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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.

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The Next Web

OCTOBER 17, 2012

HubSpot , the company behind HubSpot 3, a “powerful, comprehensive, and tightly-integrated” all-in-one marketing software system, announced that serial entrepreneur and acclaimed author, Eric Ries , is joining the company’s Advisory Board. Image credit: Jared Goralnick/Flickr.

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Startup Professionals Musings

NOVEMBER 30, 2014

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

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SiliconHills

MAY 13, 2013

He’s served on advisory boards from New York to Silicon Valley and he’s almost never [.] The post How Startups Can Build an Effective Advisory Board appeared first on SiliconHills.

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Startup Professionals Musings

AUGUST 7, 2021

If your startup is not quite ready for a formal board of directors, then I would recommend you start with the less formal advisory board. Members don’t need to all like each other, but they do need to respect one another and be committed to working together for the betterment of the business.

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SiliconHills

FEBRUARY 12, 2015

Ben Dyer, a serial technology entrepreneur and entrepreneur in residence at the Cockrell School of Engineering at the University of Texas at Austin, has joined the advisory board of Enola Labs. It is also in the process […] The post Ben Dyer Joins Austin-based Enola Labs’ Advisory Board appeared first on SiliconHills.

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Early Growth Financial Services

DECEMBER 9, 2014

Don’t confuse an advisory board with a board of directors (BoD). In contrast a startup advisory board is pretty much whatever you want it to be. When you reach that point, it pays to think through your advisory board’s role: how to structure it, how it will work and if/how the members will get paid.

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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.

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Jeff Hilimire

APRIL 8, 2015

Advisory Boards. When it comes to advisory boards, I’m a big fan. But, I think an entrepreneur needs to be careful about how and when they create an advisory board. Choosing an advisory board is the first step. more posts on advisory boards and mentors. Entrepreneurship'

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The Next Web

APRIL 18, 2014

Alana Muller is the President at Kauffman FastTrac, an organization that equips entrepreneurs with the business skills and insights, tools, resources, and networks to start and grow. This post originally appeared on the Clarity.fm The entrepreneurial journey is full of twists, turns, ups and downs.

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Jeff Hilimire

MAY 2, 2014

Several of those near-misses were the result of advice from our amazing advisory board – Bill , Ken , James , William , and Mike. ” Then as if they had rehearsed their responses, each of the advisory board members expressed their reasons why it would be a very bad idea for us to do this. Entrepreneurship'

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Jeff Hilimire

APRIL 10, 2015

Earlier this week, I hit on the topic of co-founders / business partners , and advisory boards / mentors. Today I wanted to address a new concept that I recently tried out: The Pop-Up Advisory Board. It’s important to note that advisory boards are not ACTUAL voting boards. Entrepreneurship'

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Jeff Hilimire

AUGUST 9, 2013

I talk a lot about the importance of advisory boards for startups. I believe creating an advisory board is one of the most important things you can do for your company. Tips on how to choose advisory board members. You’ll be surprised the caliber of person that will agree to be on your advisory board.

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Startup Professionals Musings

JUNE 25, 2013

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.

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