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Everything startups ever wanted to know about advisors, Part 1 – Venture Hacks

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Here are answers to some frequently asked questions about advisors.

1. What do advisors do?
2. Should I put together a board of advisors?
3. How do I get good advice?
4. How do I apply advice?
5. How do I find advisors?
6. How can I tell if an advisor is any good?

Compensation (in Part 2)
7. What should I pay advisors?
8. What are advisory shares?
9. Why should I pay advisors?
10. When do advisors get terminated?
11. Should I give advisory shares to my investors?

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