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Tapping the value of entrepreneurial advisors

An effective team of advisors can help an entrepreneur make a high-growth company successful and realize its full potential. However, as a corporate attorney, I know that finding advisors who are a good fit for an early-stage company, and using advisors effectively, can be challenging for entrepreneurs.

In a discussion moderated by my colleague, Matthew Stor......

Full article >>> company's needs is also important, according to Young.

Expertise is a starting point in seeking an advisor, according to Ted Hart, managing partner of the Wisconsin offices of Clifton Gunderson, LLP. An advisor must also be able to communicate that expertise and transfer that knowledge to the entrepreneur, Hart explained, as well as challenge and en......

Full article >>> tise that the company needs. Storms gave examples of individuals who had clinical trial expertise or joint development experience as people who made good Advisory Board members.

Also, while a Board of Directors has requirements and obligations such as fiduciary duties to the company, an Advisory Board does not need to adhere to the same legal formalities, explained Storms. As a result, th......

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'"/> By William Robinson 06/26/07

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