CEO Coach - What Do Advisors Do?

Date: March 11 - 25, 2019
Gillian & anne discuss advisors for startups.

Advisors are valuable to a start up from the beginning. They can be experts in the field of the product, or markets for it or financial management. All of these support founders by allowing a sounding board for the founders in decision making. Or providing a high level view, since we know day-to-day startup operation is usually deep in the weeds.

1. What should advisors absolutely be doing for a startup?
2. What should advisors absolutely not be expected to do?
3. How important is balance on an advisory board?
4. Should advisors have invested in your startup? What about ‘mentor capital’?
5. What compensation should advisors receive?