How to Build a Startup Advisory Board

About-Stewart-Nash-Consultancy-12107875You know how they say startups take a village? Well, creating an advisory board can be an excellent way of forming your village—and improving the quality and quantity of the guidance you’re getting. What an Advisory Board Is (And What It Isn’t) Think of an advisory board as a formal collection of mentors. Advisors provide individual expertise, give you advice, introduce you to valuable contacts, and tell you when you’re potentially making a mistake. Many people confuse an advisory board with a board of directors. However, they’re completely different—a board of directors consists of people who act as shareholder representatives and have certain legal and business powers (including firing the CEO). An advisory board doesn’t have any official authority. In addition, any company can have an advisory board, but they’re not mandatory. Public companies, on the other hand, are required to have a board of directors.

Source: How to Build a Startup Advisory Board

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About Stephen G. Barr, Group Publisher

Author, Syndicated Columnist, Editor In-Chief and Group Publisher at SGB Media Group, a social media marketing firm specializing in digital media content production, publishing, affiliate marketing, public relations and advertising. Over 25 years experience in retailing, advertising, website & online forum development, niche social networking, affiliate marketing, search optimization, branding and identity, site location, non-profit fund raising. Event planning, promotion, production and MC/Host at public events. Author, Editor & Publisher of 35 syndicated, digital publications utilizing multiple digital distribution channels in conjunction with launching and administrating national advertising campaigns for major Fortune 500 advertisers in partnership with Google, Ning, Facebook, Myspace, Yahoo, DoubleClick, LinkShare, PepperJam and other industry leading third party affiliate networks. Product development team member from conception to launch on many websites, tangible goods and organizational structure for start ups. Specialties: Public relations, retailing, advertising, website & online forum development, niche social networking, blogging, email campaigns, affiliate/performance marketing, search optimization, branding and identity, site location, event production & promotion, non-profit fund raising and tasteful, responsible adult content publishing. An internationally recognized and read social media columnist & pundit on The Examiner, Associate Content, Vator.tv, X-Biz.net and Technorati and his own affiliated sites.
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