Berkonomics

FEBRUARY 1, 2024

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 about using the names for marketing, fundraising? How about the size of the group?

Advisory Board 62

Advisory Board Dilution Stock Vesting 62

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.

Advisory Board 151

Advisory Board Customer San Francisco Lean 151

Startup Professionals Musings

NOVEMBER 27, 2022

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.

Advisory Board 308

Advisory Board Angel Investor Startup Later Stage 308

Board Effect

OCTOBER 12, 2020

The fact that your board is having a discussion about forming an advisory board is a good indication that it’s time to put the issue on your board’s agenda for discussion. You never know what experiences and perspectives your fellow board members will have on a certain topic once you bring it out into the open.

Advisory Board 80

Advisory Board Government Green Security 80

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 ?

Advisory Board 162

Advisory Board Washington Naming Small Business 162

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

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?

Advisory Board 97

Advisory Board Dilution Vesting Stock 97

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. The Big Name These are the guys who will help you get things done.

Advisory Board 136

Advisory Board Startup Web Naming 136

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.

Advisory Board 260

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?

Advisory Board 40

Advisory Board Startup Cofounder Equity 40

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.

Advisory Board 48

Advisory Board Sweat Equity Marketing Vertical 48

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.

Advisory Board 119

Advisory Board Equity Naming Entrepreneur 119

Board Effect

MARCH 28, 2024

Mission-driven organizations are using board management software to help streamline and secure many different types of groups in addition to the board and committee structure. For example, foundations, event committees, medical executive committees, quality teams, advisory boards and leadership teams, to name but a few.

Software Review 52

Software Review Software Management West Virginia 52

Startup Professionals Musings

SEPTEMBER 30, 2013

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. File a provisional patent, register a trademark, and reserve your company domain names. Register some intellectual property.

Intellectual Property 281

Intellectual Property Entrepreneur Sweat Equity CTO Hire 281

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.

Advisory Board 151

Advisory Board Angel Investor Later Stage Stock 151

Startup Professionals Musings

AUGUST 31, 2012

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. File a provisional patent, register a trademark, and reserve your company domain names. Register some intellectual property.

Intellectual Property 260

Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

YoungUpstarts

JUNE 4, 2019

Key components of revenue architecture go beyond simply predicting sales to include: the name and attributes of the startup’s category, a messaging matrix, a pricing strategy, a sales strategy and other business model elements. Revenue Architecture. This is quite the balancing act.

Framework 118

Framework Architecture Cleveland Early Stage 118

Duct Tape Marketing

JUNE 7, 2023

My ask would be the next time you do or say something on behalf of the customer, like I've got a customer advisory board. Do you have an employee advisory board? And I don't mean an E R G, I mean an employee advisory board that might talk about some of the things we've talked about.

Employee 76

Employee Technical Review Advisory Board Sales 76

YoungUpstarts

MAY 24, 2019

Key components of revenue architecture go beyond simply predicting sales to include: the name and attributes of the startup’s category, a messaging matrix, a pricing strategy, a sales strategy and other business model elements. Revenue Architecture. This is quite the balancing act.

Framework 104

Framework Architecture Cleveland Early Stage 104

ConversionXL

AUGUST 11, 2021

But it’s not as simple as reaching out to a company you want to collaborate with and putting their name on your website in exchange for cash. If your audience isn’t interested in a sponsor’s product or service, then putting their name to your offer won’t deliver the ROI they’re looking for, ruining any chance of a long-term partnership.

Audience 139

Audience Social Media Email Ruby 139

Startup Professionals Musings

JUNE 17, 2011

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. File a provisional patent, register a trademark, and reserve your company domain names. Register some intellectual property.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

Duct Tape Marketing

DECEMBER 15, 2022

20:02] Could you talk a little bit more about this idea of being a sounding board and how that differs from an advisory board or an actual board? [21:22] And then one we like to call the sounding board, which is the small five to seven people. That's either your advisory board or their own advisory board.

Community 82

Community Framework Advisory Board Viral 82

Startup Professionals Musings

MAY 22, 2010

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. File a provisional patent, register a trademark, and reserve your company domain names. Register some intellectual property.

Intellectual Property 222

Intellectual Property Sweat Equity CTO Hire Fractional CTO 222

Board Effect

MARCH 4, 2020

Not all boards can handle these issues on their own accord and that’s the right time to considering working with a governance consultant. A governance consultant is different than a mentor or an advisory board. Governance consultants can be a valuable resource to help put together an effective board director hiring strategy.

Government 64

Government Merger Advisory Board Acquisition 64

BeyondVC

MARCH 14, 2006

Of course, as I dig in to understand what these advisors actually do for the company, 9 times out of 10 they are just high profile names that are thrown on a list to give a company a stamp of approval. Trust me, I am all for advisory boards. The post Advisory Boards appeared first on BeyondVC.

Advisory Board 60

Advisory Board Vesting Portfolio Naming 60

A Smart Bear: Startups and Marketing for Geeks

SEPTEMBER 4, 2012

What’s the name of the company? Dan: The name of the company is Member Desk. 10 a month, $50 a month, whatever, and then they get the user name and password to access their membership site; Then they get access to all the content that you allow them access to based on how long they’ve been a member. Jason: Hey.

Cofounder 199

Cofounder Technical Review Chicago Technical Cofounder 199

Duct Tape Marketing

JANUARY 31, 2013

Give them something great to share — things like a special discount code, beta access to new products, badges and status, a reunion, or a spot on a special advisory board. While the new folks might be easier to get talking, your loyal customers still represent a huge and worthy word of mouth opportunity.

Small Business 78

Small Business Advisory Board Software Review New York 78

Hearpreneur

NOVEMBER 16, 2018

What exactly is going to be the name of your business? Whatever the inspiration or relation may be, the naming of your business is one of the most important parts of becoming a CEO. 1- Our names. 3- My name+services we offer. My last name also happens to be “Way,” so it was an easy lead to “Way Solutions.”

Naming 99

Naming Singapore Entrepreneur South Africa 99

Duct Tape Marketing

APRIL 11, 2022

Exclusive Content or Advisory Board You can create exclusive content or an advisory board of your champion customers. For example, the advisory board could facilitate a quarterly meeting to brainstorm ideas on topics such as expand your target market or unique ways to broaden your customer reach.

Programming 87

Programming Small Business Advisory Board B2B 87

David Teten

SEPTEMBER 5, 2014

Prabhdeep Singh: Ask any entrepreneur about their most valuable resource when they’re making tough decisions, and you’ll hear the name of someone, not something. In some cases, that relationship grows into something more than conversation – like joining an advisory board, investing, partnering, or even joining the team.

New York 114

New York Technical Review Networking Advisory Board 114

Small Business Force

MAY 31, 2011

There are two types of boards that you can use - an advisory board or a board of directors. Typically, an advisory board is an ad hoc group that you might meet with or talk to either, individually, or as a group, primarily as a sounding board. You can always use an advisory board.

Advisory Board 28

Advisory Board Warrant Social Network Entrepreneur 28

Startup Professionals Musings

JULY 2, 2011

Business history has proven time and time again that it’s not necessarily the best product that wins in the marketplace, and having a superstar founding team, VC partner, or advisory board doesn’t guarantee success. Tell your significant other that it’s all in the name of sharpening your business skills.

Advisory Board 250

Advisory Board Entrepreneur Founder Software 250

Board Effect

SEPTEMBER 8, 2021

Creating an executive board, advisory board, or emeritus board. Changing the board’s voting rules. It’s the board’s responsibility to know how to make an amendment to the bylaws and keep them updated continually. Adding rules for virtual meetings and hybrid meetings. Removing overly specific language.

Tennessee 105

Tennessee Advisory Board Government Leadership 105

Up and Running

AUGUST 30, 2017

What are the details of your ownership structure, board of directors, investor list, partners, and so on? List an advisory board if you have one, list all employee salaries, incentives, referral bonuses for recruiting, and all such details. Budget-friendly marketing strategies are the name of the game here.

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

YoungUpstarts

MARCH 6, 2018

After name and logo , the biggest part of branding that people see is how you act every day and how you talk about your products and services to customers and potential customers. You are experts in multi-tasking and are willing to take on multiple roles within an organization. Here’s the essence of branding.

Advisory Board 136

Advisory Board Social Media Advertising Agile 136

The Startup Magazine

MAY 28, 2019

From our hard working and talented employees, ‘smart-money’ investors, to our Advisory Board Members that include Gerry Calabrese founder of Hoxton Spirits or Tomasz Fajfer European Financial Director of Sephora and ex Board Member of Costa Coffee.

Advisory Board 90

Advisory Board Angel Investor Startup Cofounder 90

Startup Professionals Musings

FEBRUARY 13, 2016

Name the three top ones, and present your sustainable advantage as well as barriers to entry for new startups. Include advisory board member qualifications and key industry connections. Who are your competitors, and how do you win? Every new offering has competition and alternatives, so it’s not credible to claim no competitors.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120