I couldn’t agree more with Matt at 37Signals about his post that startups don’t need a Board of Advisors. How many books are out there that say you need:
- an Advisory Board
- full on IP
- raise money
- get office space
- hire consultants for marketing, raising capital, sales, product development…
- print up stationary and business cards
- and a million other ways to spend money
The best startups focus on none of these and instead get out there and build something by working with potential customers and users. Get it out there and limit your costs as much as you possibly can.
Once you have determined what you want to do, then of course you can look at the above and see what makes sense for you. Otherwise, don’t waste your time where you don’t need to!
About nathan kaiser
