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Expect advisors to give you advice - and only that. The best ones usually don't have the time/bandwidth to perform any sort of real action for you (including e
by numair 18y ago
Expect advisors to give you advice - and only that. The best ones usually don't have the time/bandwidth to perform any sort of real action for you (including email introductions to their famous and important friends); if that were the case, they would be called "actioners" or something.
Separate the advice-givers from the action-performers, and seek out the best in both domains. The point should be to gain timeless insight that helps you grow as an entrepreneur, and which can be applied to all of your future pursuits - regardless of whether these pursuits happen to relate to your current project.
Oh, and try to hold off on bringing on action-performers as long as possible, if your business plan can allow for this. You'll eventually be able to pay action-performers by the hour, rather than via very-expensive equity. (You are building something of great value, aren't you?)