Advisory Board 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.