Two years is a lot of lost time fighting over $1000. The $1000 is only worth fighting over if the lost time involved could potentially less than $1000. Most credit card terms of service only allow for a short window to file + resolve disputes... sometimes 6 months... usually 3 months... so it's...
I have direct experience working with the automotive sector. Having worked for a tier 1 manufacturing supplier I can give you unique insight into this sector. Let me know what questions you have specifically and let's set up a phone call.
One of the start-ups I'm involved with does a lot of work alongside entrepreneurs building companies towards an eventual exit or sale... Here's a couple of recommendations, aside from the usual "research what typical sales people in your industry get paid" advice: 1. Incentivize unexpected busin...
Experience is the key. Never hire a guru who doesn't have at least some grey hair. Don't take this statement literally, but look for experience when choosing a coach. Not experience as a coach, but experience as a person, a business person, marketer, or related to any topic for which you are seek...
Imho I think they are very valuable. I know the owner of a restaurant that told me he will carefully go through every Yelp review and call the one that lower his average of 4+ stars. He says many people search on their phone where to eat, and they use mainly Yelp, judging with stars first and rea...
Mark is correct that the best advisors should have skin in the game but that advice is applicable only when you and your business are obviously investable. I've engaged advisors at times when I knew I wasn't ready to ask for their money and I've often begun advisory relationships in the earliest...
There are two parts to your question: finding and convincing. Finding influencers within your industry verticals should not be difficult as there are numerous influencer search engines as one method. To start, try: https://intellifluence.com/ https://thecirqle.com/ https://influencity.com/en/se...
First make sure you are vetting your advisor as much as he/she is vetting you. I would have a personal conversation with other teams that the advisor has worked with in the past. Get to a level of granularity on what worked and what did not. You don't disclose terms here which I appreciate b...
The short answer here is that this is very situational stuff and not necessarily something you can have completely planned out in advance. If you've already incorporated (c-corp) then you'll have authorized shares and issued shares (see http://startuplawyer.com/incorporation/how-many-shares-shou...
"Is it worth my time?" Given that the compensation from an advisory board is equity in a private company with no actual market for it's securities, this is really the most important question. The likelihood that advisory board compensation will result in real financial compensation is very low,...