How to Advize Early Stage Startups

If you don't have the necessary chops and expertise you're doing yourself a disservice as an investor consider your expertise knowledge and network before engaging as an advisor. Investors can demonstrate their value add by taking some action even before a formal agreement is struck this is a rare and unique scenario but about eight months ago I began working with a health and wellness fitness startup out of Boston originally they did not have a software expert on the founding team. While advisors will have a range of involvement and contribution they should be thought of as facilitators not role players while I help jumpstart traction in a market for a startup that was a one-time event not an ongoing activity. This week's tip is titled the