Startup Professionals Musings

MAY 3, 2017

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. As an alternative, every CEO needs an Advisory Board to help them grow, which they can ignore or fire at their pleasure.

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Advisory Board IPO Angel Investor Acquisition 174

Startup Professionals Musings

FEBRUARY 9, 2020

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.

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Technical Cofounder Cofounder Advisory Board Stock Options 308

YoungUpstarts

JANUARY 10, 2020

This is especially true for startups, which operate on the basis of customer traction to solidify expectations with investors or lending institutions. Once a client has made this decision, it is important for company managers and staff to perform an analysis of what went wrong, and why. Conduct a post-action review.

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Customer Development Team Review Advisory Board Private Equity 347

Startup Professionals Musings

NOVEMBER 1, 2021

Stay cool and calm, and manage by objective facts. Don’t be afraid to ask for advice from peers, your advisory board, and outside experts and mentors. Many went out of business, but a few were quick to focus on store pickup and home delivery , and have found a new lucrative option that outlasted the problem.

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Advisory Board Leadership Customer Developer 317

YoungUpstarts

JUNE 4, 2019

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “ As we continue our exploration of the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale – I will walk you through the principles.

Framework 127

Framework Architecture Cleveland Early Stage 127

Startup Professionals Musings

FEBRUARY 3, 2010

By Bob Arciniaga In developing the content for this article, it was very apparent this advice is not only critical for startups but for most companies. The suggestions are even more vital in a startup environment with constrained resources. A properly built advisory board can be a huge strategic advantage to any company.

Advisory Board 225

Advisory Board Startup Liquidity Event Stock 225

Steve Blank

NOVEMBER 2, 2021

Andrew Inkpen, “ The Global Semiconductor Industry ” Thunderbird School of Management , 2021. [It Our guest speaker for our fourth class was John Hurley , former Member of the President’s Intelligence Advisory Board, an expert on semiconductors and supply chains, and former Captain, U.S. Semiconductor Case Study.

Technical Review 401

Technical Review Taiwan Technology Artificial Inteligence 401

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. A voluntary board sounds good, but is generally not effective.

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Advisory Board Startup IPO Government 336

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.

Advisory Board 348

Advisory Board IPO Angel Investor Acquisition 348

Startup Professionals Musings

FEBRUARY 18, 2018

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.

Technical Cofounder 144

Technical Cofounder Cofounder Advisory Board Startup 144

YoungUpstarts

MAY 24, 2019

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “ As we continue our exploration of the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale – I will walk you through the principles.

Framework 113

Framework Architecture Cleveland Early Stage 113

Startup Professionals Musings

JUNE 11, 2014

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.

Technical Cofounder 245

Technical Cofounder Cofounder Advisory Board Startup 245

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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Advisory Board Early Stage Startup United States 68

Startup Professionals Musings

NOVEMBER 1, 2014

One of the biggest myths in the business world is that startups are no place for Baby Boomers, that aging generation born between 1945 and 1964. Today people over 55 are almost twice as likely to create successful startups as Gen-Y, age 20 to 34. Member of the Advisory Board. Manage customer service.

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Entrepreneur Advisory Board Dividend Angel Investor 266

Startup Professionals Musings

JULY 1, 2022

Wouldn’t you like to be one of the lucky people who joined Google and Facebook when these were startups, and now be a multi-millionaire or better? So people ask me “How many shares should I ask for or expect when I join a startup today?” Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

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Stock Options Advisory Board Stock Startup 343

Startup Professionals Musings

JULY 11, 2021

As an angel investor to startups, I’m still surprised to find entrepreneurs who expect investors to give them money, and assume no strings attached. Angel and venture capital money always comes with ownership and management implications, starting with the obvious ones outlined in the term sheet for the deal.

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Term Sheet Advisory Board Liquidation Preference Startup 433

www.instigatorblog.com

MARCH 2, 2010

Home About Contact My thoughts & lessons learned on startups, entrepreneurship, marketing and other stuff. The Importance of Advisory Boards for Startup CEOs Tweet When a startup receives financing it will need to setup a Board of Directors. Advisory boards are not for the company, they are for you. .&#

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Advisory Board Startup Cofounder Equity 40

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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Advisory Board IPO Angel Investor Startup 247

YoungUpstarts

JANUARY 2, 2013

We managed to speak to Hubert Yoshida of Hitachi Data Systems when he was in Singapore recently to share his top ten predictions on storage virtualization in the IT industry in 2013. We took the opportunity ask him to how storage virtualization and its trends would affect technology startups. What about data security?

Advisory Board 150

Advisory Board Technical Review Singapore Startup 150

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 264

Startup Professionals Musings

APRIL 20, 2011

There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. Probably 80% of the startups I know have found human resource issues to be the most treacherous. Stretch” goals in early-stage are not advised. Too slow or too fast to change.

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Advisory Board Startup Forecast Early Stage 232

Startup Professionals Musings

AUGUST 7, 2021

Especially for entrepreneurs who have not built and sold companies before, and need this startup to be an attractive acquisition or IPO target in a few years, I can’t think of a better way to enlist outside experts and keep them motivated to help you meet the challenges of a startup. Less than three is not a board.

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Advisory Board IPO Government Acquisition 362

Both Sides of the Table

MAY 27, 2013

He wrote a post this long weekend on how he manages the board of DataSift. In his post he asserts, “You get the VCs you deserve” and the corollary “You get the performance out of your board that you deserve.” Sincerely – he is better at managing his board than any exec I have worked with.

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Advisory Board CTO Hire Fractional CTO Los Angeles 365

David Teten

MAY 7, 2019

Do you have a great team at your seed startup, but your product just isn’t working? Would you like to have a salary from day one that you work full-time on your startup? We are a nonpartisan, bipartisan startup of concerned Americans. You must have a strong product management pedigree. Q: What have you built so far?

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America Technical Review Advisory Board Due Diligence 60

David Teten

JULY 10, 2019

Do you have a great team at your seed startup, but your product just isn’t working? Would you like to have a salary from day one that you work full-time on your startup? We are a nonpartisan, bipartisan startup of concerned Americans. You must have a strong product management pedigree. Q: What have you built so far?

America 60

America Technical Review Advisory Board Due Diligence 60

SiliconHills

MAY 13, 2013

By SUSAN LAHEY Reporter with Silicon Hills News Brandon Knicely, managing director of Portico International and founder of Austin Innovation Partners, has started mid-cap companies and small companies, invested in developing nations and worked for non-profits in New York City.

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Advisory Board New York City Silicon Valley New York 90

Startup Professionals Musings

JULY 3, 2012

There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. Probably 80% of the startups I know have found human resource issues to be the most treacherous. Stretch” goals in early-stage are not advised. Too slow or too fast to change.

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Advisory Board Forecast Early Stage Product Development 240

Version One Ventures

JULY 24, 2019

Right now, this is a two- to three-year role where our new team member will learn about the business of venture capital and get the opportunity to work with some really interesting startups. Reporting for our investors, including writing quarterly updates and preparing LP advisory board meetings.

Technical Review 124

Technical Review Advisory Board Due Diligence LP 124

Board Effect

NOVEMBER 18, 2020

There’s enough competition in the startup space that new companies need to pull out all the stops to be successful. Great ideas and passion will only take your startup so far. Your founders and board members won’t always have the necessary expertise you need in every area to be competitive and sustainable.

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Advisory Board Angel Investor Technical Review Startup 84

Startup Professionals Musings

JUNE 5, 2022

Don’t hesitate to micro-manage initially in a crisis. Micro-management at a later stage only increases stress and slows progress. Micro-management at a later stage only increases stress and slows progress. Map out some dedicated time for every serious issue. Your people need to know who to follow, what to do, and how to do it.

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Leadership Advisory Board Developer Silicon Valley 345

Steve Blank

OCTOBER 19, 2009

Building an Advisory Board In my travels outside the building I kept my eyes out for articulate and visionary scientists and engineers who had expertise we lacked, and were willing to help in an advisory capacity. I set up an advisory board as a vehicle to get these industry experts engaged with the company and product.

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Engineer Silicon Valley Part-Time VPE Advisory Board 221

The Startup Magazine

OCTOBER 25, 2017

Entrepreneurs who’ve overcome the proof-of-concept phase of their startups want to take their businesses to the next level. Within the entrepreneurship ecosystem, “scaleup” challenges differ from startup challenges and demand unique solutions. All communities and their startups face the scaleup challenge.

Miami 62

Miami Technical Review Software Review Artificial Inteligence 62

YoungUpstarts

JULY 5, 2011

.&# He adds that, aside from event organizers, the service is also useful for startups and the non-profit sector. The GoodBuzz team currently comprises five people – three software engineers, one marketing manager and an operations officer - and works closely with an advisory board of industry specialists.

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Togo Africa Advisory Board Campaign 222

Startup Professionals Musings

MARCH 25, 2022

Managing cash must always be your top priority. As your business grows, you won’t be able to manage every process personally, so you need help in quantifying results, productivity, and quality. Establish an advisory board of experienced peers. Start business discussions only from a positive mindset.

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Advisory Board Due Diligence Demand Partner 336

Startup Professionals Musings

APRIL 12, 2010

There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. Probably 80% of the startups I know have found human resource issues to be the most treacherous. Tags: entrepreneur startup worst case survival. Too slow or too fast to change.

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Advisory Board Startup Forecast Early Stage 125

Startup Professionals Musings

SEPTEMBER 13, 2015

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.

Technical Cofounder 120

Technical Cofounder Cofounder Advisory Board Stock Options 120

Startup Professionals Musings

JULY 6, 2016

In my role as an angel investor to startups, I’m struck by the broad variety of advisor strategies I see in investor presentations and business plans that cross my desk. That’s the function of a good advisory board. Keep the advisory board to a manageable size.

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Advisory Board Angel Investor Later Stage Stock 151