The Benefits of Bringing in an Advisory Board
Whether you have a startup or an established business, outside expertise can help you grow.
By Christopher Hann •
Opinions expressed by Entrepreneur contributors are their own.
I'm starting a new business. Do I need an advisory board?
Short answer: Absolutely. Silicon Valley startup guru Cynthia Kocialski says just about every company can benefit from retaining a group of advisors with pertinent expertise in the company's product, service or industry. The sooner, in fact, the better.
"They should establish them right out of the chute," says Kocialski, who has started three companies, advised others and written Startup From the Ground Up: Practical Insights for Transforming an Idea into a Business. "Early on, they simply don't have the resources to hire every possible job function that they need."
Continue reading this article — and all of our other premium content with Entrepreneur+
For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:
- Digestible insight on how to be a better entrepreneur and leader
- Lessons for starting and growing a business from our expert network of CEOs and founders
- Meaningful content to help you make sharper decisions
- Business and life hacks to help you stay ahead of the curve
