Become an Adviser
Because advisory board members have no legal obligations or responsibilities this allows members to focus on their service to the business executive regardless of the politics of management’s relationship with the company’s owners. Advisory board members are experienced in the company’s industry, supplementing management skills and knowledge in running the company. Advisory board members are also well connected, providing excellent resources and business development opportunities.
What makes a good adviser?
Personal Chemistry
- Ability to easily communicate with the management/ownership
- Ability to actively listen
Independence
- Willingness and ability to bring an objective view point
- Integrity
Complementary Skill Set(s)
- Possesses a skill or skills and has experience in areas currently missing or needing development in organization
- Entrepreneurial insight
Ability to Recognize and Understand Limitations of Smaller Enterprise
- Either had experience in resource limited organizations or can demonstrate a sensitivity to the point
Availability
- Has the time and inclination to devote to meetings and phone conversations when required
Key Contacts in Community or Industry
- With lending institutions and sources of equity
- Suppliers
- Customers
- Other potential advisers
Click here to register.