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The Care and Feeding of Advisory Boards

Sure, you want investors. But sometimes the outsiders most capable of helping your business are those who invest time, not money. 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.

by Bob Rice

Full Story: http://www.gust.com/angel-investing/startup-blogs/2011/12/03/the-care-and-feeding-of-advisory-boards/

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