Startups that are preparing for their first meeting with a new advisor.
Based on their amount of industry experience, advisors can add immense value to your company, but only if you enable them to.
Meeting with a new advisor is difficult. Deciding what information to share and when can be challening. If you don’t properly prepare for a meeting, both you and the advisor will feel as though you have wasted your time.
There are two main areas to focus on when initially meeting with an advisor: preparing the relevant materials and entering the meeting with the right mindset.
No one enjoys sitting through a meeting without a clear purpose or goal. Advisors are busy and their time is valuable, and it will set a bad tone for the relationship if you show up unprepared. Before entering the meeting, take time with your team to discuss:
Advisors are solely there to provide you with advice based on their past experiences and exposure within the industry. The only people who can make a definitive decision for the venture are your team, your board and yourself. Before entering the meeting, take time with your team to discuss:
By Nicole Plant