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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Advisory Board Stock Options Startup Stock 233

Steve Blank

OCTOBER 10, 2023

Most of her lessons were applicable to any government employee venturing out to the private sector. At the Agency , 85% of my time was spent navigating bureaucracy and equities, arguing for resources and permission for operations, and dealing with the bottom rung of employees, all while making decisions with little data or data overload.

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Government CTO Hire Technical Review Advisory Board 174

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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Advisory Board Stock Options Stock Networking 229

Steve Blank

SEPTEMBER 16, 2010

Advisory Board. At one of our initial board meetings we had agreed on the general principle of an advisory board and put together an overall stock budget to compensate advisors. Over the next week we exchanged emails over advisory board stock. I knew he would bring immense value to me and the company.

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Advisory Board Part-Time VPE CTO Hire Stock 260

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?

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Advisory Board Startup Cofounder Equity 40

Both Sides of the Table

MAY 27, 2013

He has grown our US operations from 1 employee (him) to a global organization of 75 employees that will finish the year with 8-digit revenues (90+% recurring) and more than 350% year-over-year growth. Between Board Meetings. Communicating Between Board Meetings. The Agile Board. The Problem with Board Observers.

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Advisory Board CTO Hire Fractional CTO Los Angeles 365

Startup Professionals Musings

NOVEMBER 1, 2014

Member of the Advisory Board. For aspiring new entrepreneurs of any age, this is an opportunity for a win-win situation, with the proper mix of Boomers with Gen-X and Gen-Y employees and executives. Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold.

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Entrepreneur Advisory Board Dividend Angel Investor 266

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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Advisory Board Sweat Equity Marketing Vertical 48

Up and Running

MAY 10, 2012

version, and talking to an advisory board and seed round investors already.” . “Since winning the competition, things have almost exploded for us. We got the grant, and since then we’ve gained enough exposure to lead us to paying clients before even launching the 1.0

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Small Business Advisory Board Employee Entrepreneur 142

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.

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Advisory Board Startup Stock Options Stock 276

Board Effect

NOVEMBER 18, 2020

Your founders and board members won’t always have the necessary expertise you need in every area to be competitive and sustainable. An advisory board can be of great assistance to your startup by filling crucial gaps in your leadership talent. Let’s begin with the definition of the role of a startup advisory board member.

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Advisory Board Angel Investor Technical Review Startup 84

Startup Professionals Musings

JULY 1, 2022

Many employees forget that there isn’t even a market for startup stock, until after the company has gone public, which hasn’t happened positively to many companies in the last few years. Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

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Stock Options Advisory Board Stock Startup 343

David Teten

MAY 7, 2019

Do you wish there was a product to help companies “Get things done” by leveraging your own employees, your employees’ networks, and more broadly other influencers around you? . Would you like to have a salary from day one that you work full-time on your startup? If the answer is yes to any of these, keep reading. This work is unpaid.

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America Technical Review Advisory Board Due Diligence 60

David Teten

JULY 10, 2019

Do you wish there was a product to help advocacy organizations and companies “Get things done” by leveraging their own employees, their employees’ networks, and more broadly other influencers around them? . Would you like to have a salary from day one that you work full-time on your startup? Q: What have you built so far?

America 60

America Technical Review Advisory Board Due Diligence 60

Startup Professionals Musings

MARCH 25, 2022

Too many busy business leaders I know take shortcuts in hiring, looking for a quick fill, assuming new employees can learn on the job, with minimal training and old tools. Establish an advisory board of experienced peers. Don’t sell what you don’t have. Hire the best, and provide necessary training and tools.

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Advisory Board Due Diligence Demand Partner 336

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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Advisory Board Entrepreneur Stock Options Stock 241

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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Startup Professionals Musings

JUNE 10, 2020

Too many employees these days, and even executives, are focused only on doing what they have been told, without regard to impact on the business. High employee turnover and poor employee morale. When I do due diligence on a potential funding candidate, I always inpect high levels of employee change, and low morale indicators.

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YoungUpstarts

JUNE 4, 2019

Other times, the founding team may pull together a good core management team, but lack a comprehensive strategy to address the extended team: the board of directors, customer advisory board, products council, employee advisory group and so on. This is quite the balancing act.

Framework 127

Framework Architecture Cleveland Early Stage 127

Steve Blank

MAY 19, 2015

While the company had a great plan for keeping the top executives, and had all the startup perks like free food and dogs at work, they had spent little time thinking about the organization debt accruing with first 100 employees who had built the company underneath them. Identify the employees they wanted to keep. This is hard.

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Technical Review Salary Early Stage Software Review 120

Steve Blank

JULY 9, 2013

I pointed out that there are four roles a financial investor can take in your company: a board member, a board observer (a non-voting attendee of board meetings,) an advisory board member, or no active role. That means the board is your boss, and they have an obligation to optimize results for the company.

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Advisory Board Venture Capital Angel Investor Limited Partner 319

Gust

NOVEMBER 23, 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.

Advisory Board 185

Advisory Board Startup Stock Options Stock 185

YoungUpstarts

MAY 24, 2019

Other times, the founding team may pull together a good core management team, but lack a comprehensive strategy to address the extended team: the board of directors, customer advisory board, products council, employee advisory group and so on. This is quite the balancing act.

Framework 113

Framework Architecture Cleveland Early Stage 113

Startup Professionals Musings

MARCH 18, 2020

You need to maintain explicit C-suite and Board buy-in for constant transformation through effective communication, highlighting the struggles of peer businesses, and establishing the right metrics. Keeping priority on what matters for long-term success.

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Agile Advisory Board Metrics Asia 307

BeyondVC

JANUARY 3, 2019

We are purpose-built to not only invest pre-product but also to help accelerate your path to product-market fit with our decades of entrepreneurial and investing experience along with our active CXO advisory board. Google also unveiled plans to double its NYC employee base to 14k.

Stealth 79

Stealth Advisory Board Cloud Virginia 79

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.

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Advisory Board Cofounder Phoenix Arizona 233

Hearpreneur

DECEMBER 12, 2021

#3- Helps employees develop skills. We practice career pathing in our company and mentorship helps ensure that our employees are on the right track to the next step in their path. So, mentorship helps each individual employee develop their personal skills and examine how to advance in the direction they want to go. .

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Entrepreneur Technical Review Advisory Board Leadership 124

Startup Professionals Musings

SEPTEMBER 25, 2019

Many employees forget that there isn’t even a market for startup stock, until after the company has gone public, which hasn’t happened positively to many companies in the last few years. Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

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Equity Stock Options Advisory Board Stock 237

Hearpreneur

APRIL 12, 2019

Everything had potential, but as an employee, my power to act upon the opportunities I saw was limited. 6- Gaining success for your employees. The best thing about being an entrepreneur is gaining success for your employees, not yourself. Thanks to Sid Soil, Docudavit Solutions ! #5- 5- Learning and development.

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Entrepreneur St. Louis Florida Colorado 128

Berkonomics

AUGUST 4, 2022

Employees, contractors, even investors want to know why they are asked to make use of their valuable resource to support your effort. What about hiding the “why” from employees or investors? Who, what, when, where and why are the five, with sometimes a “how” thrown in for those followers of the macabre. So now: Why explain why?

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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. It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals.

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Technical Review Technical Cofounder Advisory Board Cofounder 400

David Teten

NOVEMBER 17, 2011

It’s very powerful to have a model that you can email to everyone in the firm, because then everyone sees clearly that you’re communicating the exact same message to the whole team (including outside consultants and the advisory board, if any).

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Employee IRR Startup Mexico 155

Board Effect

JULY 14, 2021

Boards should strive to recruit members of different races, ethnicities, genders, expertise, and experience. Requiring board members to be independent – They shouldn’t be employees, independent contractors (or be related to such people), and board members should never materially benefit from their board service.

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Government Advisory Board Community Programming 98

David Teten

SEPTEMBER 16, 2019

There will be a small number of others in attendance (less than 5%) who fall outside this category, exclusively event sponsors and advisory board members. Nominate a member of our Advisory Board. Disclosure: I am an Advisor to Informa, not an employee.). All tickets are complimentary except for sponsors.

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Advisory Board Programming Employee Design 60

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. . ” We certainly did. I try to listen wherever I go.

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Silicon Valley Entrepreneur Fractional CTO Analytics 120

YoungUpstarts

OCTOBER 22, 2012

These may include references, referrals, testimonials, serving on advisory boards, and participating in your customer communities, he explains. Reference programs are often organized as an afterthought, assigned as one of several programs to a junior-level employee who has too much to do, and managed with a spreadsheet.

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Programming Customer Social Media Advisory Board 145

crowdSPRING Blog

FEBRUARY 14, 2019

You should know that about two-thirds of businesses with employees survive 2 years and about half survive only five years. If you plan to seek funding, you should describe your advisory board here, as well. Your business location, facilities, equipment, and what kind of employees you’ll need are in this section.

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