Find yourself a “sherpa.”

16. Find yourself a “sherpa.”  This is someone who has done it before — raised money, done deals, worked with startups.  Give this person 1 to 2% of your company in exchange for their time.  Rely on them to open doors to future investors.  Use them as a sounding board for corporate development issues.  Don’t do this by committee.  Advisory boards never amount to much.  Find one person, make them your sherpa, and lean on them. 

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About markjeee

Entrepreneur, Programmer, Run-Bike Athlete
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