VentureBeat - Latest Comments in Why assemble an advisory board?

Re: Why assemble an advisory board?

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Re: Why assemble an advisory board?

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I couldn't understand some parts of this article VentureBeat, but I guess I just need to check some more resources regarding this, because it sounds interesting.

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Re: Why assemble an advisory board?

xztheericzx — Mon, 05 Nov 2007 23:38:08 -0000

i'm eric. joining a couple boards and looking
forward to participating. hehe unless i get
too distracted!

eric

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Re: Why assemble an advisory board?

DekaFoor — Tue, 17 Apr 2007 06:06:55 -0000

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Re: Why assemble an advisory board?

courtney benson — Mon, 29 Jan 2007 14:28:56 -0000

Very good input. I think many experienced executives with the time and interest prefer this role over being on a board. Less legal hassles.

Re: Why assemble an advisory board?

chase norlin — Mon, 29 Jan 2007 08:46:51 -0000

M Hamedi, if anything, you're at an advantage in creating a Dubai-based startup because you're not swimming in the same pool as the rest of us in Silicon Valley. I'd leverage your local region to build a world-class advisory board that entices U.S. businesses to work with you. Additionally, Dubai has a strong reputation as a growing city with alot of wealth and new technology, I'd play up those strengths. Good luck!

Re: Why assemble an advisory board?

Sean Wise — Sun, 28 Jan 2007 18:43:13 -0000

Great article. For those wondering more about assembling a board (of directors or advisors) I'd point you here: http://www.theglobeandmail....

Re: Why assemble an advisory board?

M Hamedi — Sun, 28 Jan 2007 08:23:13 -0000

Great feedback, unfortunately as you can imagine it is difficult to reach advisers in Dubai. I am sure they are here somewhere, but not easy to contact.
Iâ€™d also be curious on how the perception of acceptance of a Dubai based startup?

Re: Why assemble an advisory board?

Diran Afarian — Sun, 28 Jan 2007 02:23:42 -0000

Chase,

If I may make some suggestions. I attend quite a few seminars and forums, as well as reading blogs and posting replies to their blogs. I make contacts, ask about their projects, then introduce my project and establish the contact in the process as a valuable friend in my network.

Of course not all contacts become advisors for one project, because some are there for other projects or just as sounding boards.

For our project, BlueGrind.com, I have talked to quite a few people involved in the Technology industry. 3 have said of course, because they liked what we are doing, one said, "Well, I'm too busy on my own project, but I can always help with email", and a few have just declined.

So the moral of the story Hamedi is that, there is no one location you go to "track down" a contact. Instead you have to work on establishing a network of people in your industry. I don't know how it is in the Emirates (Assuming your location from your link), it is probably a little different.

Here in the U.S. I also use LinkedIn to find people and get introduced. Interestingly, I have heard one successful startup CEO say that he found his co-founder from CraigsList !! Another said his Harvard buddy introduced him to some contacts. Accountants are another great resource for finding advisers by getting introduced.

It's a challenge and you learn to sell on a one-on-one basis, so you can go to the next stage, selling to the investor group, on the idea of cash infusion.This is just my 2-cents worth. It is hard work, but I am loving it.

Diran Afarian
BlueGrind.com

Re: Why assemble an advisory board?

chase norlin — Sat, 27 Jan 2007 22:15:21 -0000

Net, agreed, well said.

M Hamedi - tracking down and securing advisors is really based on your industry. I suggest going for an advisory board that is broad ranging in terms of their backgrounds and skill sets. In general, find the people you want an get in touch and give them your pitch.

Re: Why assemble an advisory board?

Netanel Jacobsson — Sat, 27 Jan 2007 14:37:49 -0000

Chase, nice read. I agree with you of the value of a good board of advisor, however there are plenty of start ups stuck with advisors that don't do anything, just letting the start-up using their name. It is really important to chose the advisory board carefully and for the entrepreneur to pick their brains pro-actively.

Good luck with Pixsy!

Re: Why assemble an advisory board?

M Hamedi — Sat, 27 Jan 2007 04:53:00 -0000

Great article, my question is how and where would you suggest someone would track down and bring advisers on board?