After teaching thousands of students and executives, building a personal board of advisors — or a group of mentors — is the one piece of advice I give to everyone. Here are five of the most important things to know about building your board of mentors.
"Unknown unknowns" are costly to entrepreneurs. Broad-focused advisors open doors conceptually, make advantageous introductions and provide alternatives, so the unknowns are transformed into opportunities.
Many mastermind groups today are run like expensive, exclusive clubs that you have to be well-connected to access or pay to join, but it doesn't have to be that way. Entrepreneurs, too, can benefit from a mastermind by setting one up themselves -and it doesn't cost a dime.
Whether you are in search of a single advisor or building an advisory board, different professionals can strategically elevate your business. Right now just might be the time to find them.