Advisory boards are CEO+founder multipliers: tap industry experts for strategic advice, intros, validation without diluting equity. Core practices: recruit advisors (target well-connected 10+ years experience), define scope (strategic guidance, intros, recruiting), cadence (quarterly meetings, annual reviews), compensation (equity ~0.1–0.5%), maximize engagement (clear asks, proven value). Why it matters: advisors reduce execution risk (leverage expertise), accelerate fundraising (credibility, intros), unblock growth (access networks). Effective advisors = 3–6 months of growth acceleration. Learning path: 1 week planning (who to recruit, compensation structure), 1 month recruitment, ongoing management.
Advisory boards are a CEO/founder multiplier. Tap 3–7 industry experts (10+ years experience, well-connected) for strategic guidance, introductions, credibility, and recruiting support. Exchange: equity (0.1–0.5% per advisor), equity + small cash retainer, or purely equity. Not to be confused with formal Board of Directors (who have fiduciary duty, voting rights, legal liability). Advisors are lightweight, flexible, focused on support.
| Région | Junior | Confirmé | Senior |
|---|---|---|---|
| USA | $80k | $120k | $180k |
| UK | £48k | £72k | £108k |
| EU | €52k | €78k | €118k |
| CANADA | C$85k | C$115k | C$170k |
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