While that may seem like a novel idea, the fact is that successful entrepreneurs have been doing such things for years-not because it’s “faddish” but because they usually have very limited resources at the outset.
An entrepreneur certainly should seek professional advice from his/her accountant and lawyer. Yet, too many fledgling entrepreneurs either don’t seek out advice from experienced business people or just don’t make effective use of such advice.
There are three basic adviser models that I have seen used successfully: an Individual Adviser, an Advisory Board or a Board of Directors. Most entrepreneurs ought to avail themselves of all three models.>>> READ MORE at: