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.

Advisory Board 225

Advisory Board Startup Liquidity Event Stock 225

Startup Professionals Musings

FEBRUARY 13, 2016

Include advisory board member qualifications and key industry connections. If you don’t plan a liquidity event, you won’t find many investors interested. A highly investable team has prior experience in the same business domain as well as credentials and skills in their roles.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Startup Professionals Musings

AUGUST 13, 2012

Include Advisory Board members and key industry people connections. These investors want to know that you are thinking about a liquidity event – when and how they will get their money out, with ROI. Investors invest in people - not just ideas. Rest assured that potential investors will ask for names, and place some calls.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

MAY 13, 2011

Include Advisory Board members and key industry people connections. These investors want to know that you are thinking about a liquidity event – when and how they will get their money out, with ROI. Investors invest in people - not just ideas. Rest assured that potential investors will ask for names, and place some calls.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Gust

AUGUST 5, 2012

Include Advisory Board members and key industry people connections. These investors want to know that you are thinking about a liquidity event – when and how they will get their money out, with ROI. Investors invest in people – not just ideas. Exit strategy. For a family business, don’t project an exit.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

APRIL 22, 2010

Include Advisory Board members and key industry people connections. These investors want to know that you are thinking about a liquidity event – when and how they will get their money out, with ROI. Investors invest in people - not just ideas. Rest assured that potential investors will ask for names, and place some calls.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Berkonomics

SEPTEMBER 14, 2011

How to construct an effective board. Advisory boards. How to pay board members. Advice for boards and CEOs. Legal requirements of a board. How to communicate with your board, and much more. Strategies for getting the most in a liquidity event. What to expect in time commitments.

Advisory Board 67

Advisory Board Small Business Investment Bankers Liquidity Event 67