BizSugar.com › Startups › Startup Professionals Musings: 8 Steps To Success With A Startup Board And Advisors

Many startup founders I know avoid establishing a formal advisory board or board of directors for as long as possible, with the excuse that this is just another burden, or it has more risk than value to the founder. In my experience, just the opposite is true, since outside experts with the right experience can greatly reduce risk and improve the quality of your decisions in time of crisis.