Thursday, February 9, 2012

Creating an advisory board

March 4, 2009 by Katie Skow  
Filed under Biz

As an Entrepreneur Goddess and world-class business owner, you can’t take the world on alone. That’s why you need to create your own Entrepreneur Goddess Advisory Board.

The ideal advisory board would include:

Accountant/CPA: helps with financial issues and questions that may arise when running your business.

Legal: Someone who is a lawyer or knows a lot about legal stuff for your line of work. This person helps you with contracts, avoiding lawsuits, assessing risk, etc.

Human Resources: depending on the size of your company, an HR person can be very useful when it comes to insuring your company and employees.


Planner:
this person helps you set realistic business and personal goals. They help tell you want you need to do to get from Point A to Point B.

Mentor: having a person who acts as a motivator can help drive you and your business forward. This person should be very knowledgeable in your field and help you stay positive when the going get tough. A mentor can be either a trusted friend or a hired career coach.

How do you put together an Entrepreneur Goddess Advisory Board? Here are two possible suggestions:

1. On the cheap: Recruit people you know and trust from your network who are active in all of these areas. Do a trade. Agree to meet once a month or once a quarter to discuss your goals and help each other out in exchange for the expertise from your area of work.
2. Got Cash: Hire the best people who are a great fit with your business and personality. Quarterly, get everyone together to touch base about your business and business plan.

Every Entrepreneur Goddess must have her own advisory board! It’s the only way to grow…you can’t do it all alone!

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