Have you ever had a day when you wished you had a partner to share the ups and downs of running your own business?
With my last company, I remember having days when I felt like it was me against the world—and the world was winning. Without partners to commiserate with, I often felt alone. That is, until I set up an advisory board.
I used my advisory board as part business guide, part support group. Here are three lessons I learned for setting up an effective advisory board:
1. Pick business owners (not your accountant or attorney)
I found the most valuable advisers were other business owners who had accomplished what I was attempting to do. I still paid for the services of an accountant and attorney when I needed technical advice, but keeping these professionals out of my advisory board meetings allowed my meetings to focus on strategic advice on company building.
To read the full, original article click on this link: 3 Tips for Setting Up an Advisory Board | Small Business Trends
Author: John Warrillow
