How Many Advisers Should We Bring On?

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

An adviser to your company is somebody who gives you advice, but doesn't come to work every day. They typically have many years of experience in a vertical that you need help with. You might want their name associated with your company for multiple reasons. When people see them in your deck, it inspires people to take a meeting with you. So they are anointing you, and they may give you advice o their anointing....

0:01 Jason previews today's Ask Jason & drops some hints about the Super Secret TWiST Slack room
2:29 Aaron asks how investors view no-code startups
6:33 Andrii asks if an economic crisis is a good time to start a company
9:52 Jesse asks if he should start trying to raise a round of funding now, or wait until this crisis passes
14:48 Juan asks how he can leverage his first committed angel investor to attract more
19:11 Marcel asks how he can use a "startup mentality" to effectively run his small private school
23:28 Matt asks how to bring on advisors and how he should compensate them
29:46 Mike asks what % of revenue a company should spend on brand & marketing
35:27 Peter asks how much diligence is appropriate for an Angel Investor writing small checks ($5K & under)
41:52 Talha asks what COVID's economic impact will be on Cloud Kitchens, UberEats, DoorDash, etc.
47:56 Ryan asks for Jason's thoughts on solving the unemployment issues due to COVID-19