Do I need an advisory board?

The bottom line is that nobody has to have an advisory board.

You might want to have one though.

If you’re an entrepreneur or business leader without a strong management team in place (or any management team at all, for that matter) then you should consider the following questions:

  • Do you lack confidence in your understanding of business or ability to run a business?
  • Do you lack experience in running a business?
  • Do you spend a lot of time worrying about what you don’t know?

If you answered yes to any of these, then you would be strongly advised to consider putting your own advisory board in place.