Hey Steven
Andre's basically nailed it.
A few comments I would add:
- I'm against giving equity to advisory board members. The people you want
are already rich and successful - what they want is public recognition (as
Andre pointed out) but often, they also want to live vicariously through
Thank all.
I'm reading and thinking and distilling all these potential ideas and
actions into the three things that I absolutely need to do before all
others.
All useful input -- for the business as a whole as well as for the advisory
board that I had in mind at my time of writing. I
Hi Steven,
I have an advisory board and so I thought I would share my thoughts.
1. I agree with Andre on remuneration. Equity or anything else does not
usually add up. You can offer it, but if you are an early stage start up
they won't really care. In fact in many cases they will want to avoid
Hi Steven,
I've recruited an advisory board for a foundation, so please adapt freely.
Here's what I can tell you:
1. The people you want on your board are very busy; they won't keep you
company or hold your hand.
2. You want advisers to open doors for you, via their contacts and personal
