Forums: Discussions for entrepreneurs and small business.

desertdream, Try getting in touch with www.score.org  a branch of the Small Business Administration. If they don`t have a chapter near you, you can get online advice. Email or face-to-face, it`s all FREE. The chapter here was wonderful when I was getting ready to launch my business. Since they try to hook you up with mentors experienced in the same field you`re pursuing, you may find you don`t need that Advisory Board. They`ll find you someone with hospitality experience, retail, food and beverage, etc. As many as you need, as often as you want. Did I mention it`s free? Attractive price for a start-up.

I read a recommendation in Business 2.0 of supplying between .1% and 1% equity for each Advisory Board member, with the expectation of a minimum 4 hour monthly time committment.

I need to form an Advisory Board as well. I am currently working with a wonderful mentor from SCORE but I still need to have a board to "support" my business plan .  I have been thinking that perhaps I should complete the Executive Summary so I can show that to the people who I would like to ask//invite/beg  to be on the board.

I believe most people would feel honored to be on the board without seeking compensation; however, I do like the idea for inviting them to the resort in the future!

Don`t know if I`m promoting myself too shamelessly here, but...

We facilitate e-enabled Peer Advisory Boards for Small Businesses. Now odds are you wont have a group of celebrities by joining us (unless we get lucky and Lou Gerstner decidedes to join us) but you do get a handpicked group of successful, growth oriented entrepreneurs to challenge your thinking, hold you accountable, and help you grow your business.

We offer 60 days free to any CEO, president, or owner that`s interested in trying us out.

You can learn more about us at www.peersightonline.com

My apologies in advance if this is a too shameless.

Best,

Andrew