7 Winning Strategies For Utilizing Startup Advisors

In my role as an angel investor to startups, I’m struck by the broad variety of advisor strategies I see in investor presentations and business plans that cross my desk. Some entrepreneurs are “lone rangers,” never mentioning any outside guidance, while others tout dozens of advisors. In my experience, both of these approaches will likely have minimal value for your venture.

Few entrepreneurs, no matter what their background, have the breadth of experience and expertise to face all the challenges of a new startup without relying on some guidance from an engaged and committed ...