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A Startup Advisory Board Dream Team is Priceless

Startup Professionals Musings

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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The Right Startup Advisory Board Has A Big Payback

Startup Professionals Musings

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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A Startup Advisory Board Dream Team is Priceless

Gust

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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5 Reasons To Enlist Outside Advisors For Your Startup

Startup Professionals Musings

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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What Startup Advisors Do I Need?

SoCal CTO

In some cases, Founders are building an Advisory Board with the purpose of padding their investor deck. I side more with Mark Suster who says : “advisory boards are an expensive equity proposition for merely introductions.” Investors discount this. And it can hurt you if it’s purely cosmetic.

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8 Strategies For Sustaining Momentum In Your Startup

Startup Professionals Musings

No matter how much energy, experience, and passion you have, there is always more you can learn from an Advisory Board of external experts or a mentor. Customers have no tolerance these days for multiple interactions, necessary support requests, poor customer service, or bureaucratic processes. Utilize outside expertise and mentoring.

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7 Keys To Making A Business Out Of Your Great Product

Startup Professionals Musings

A small advisory board of outside people with experience in your domain can give you the unbiased feedback you need, as well as connections for setting up distribution and sales channels. This is not just a product pitch, but must include all elements of your pricing, marketing, distribution and maintenance.