Forming a board of advisors
Hey friends!First and foremost, I just want to announce that my business is registered and official! I know that for all you entrepreneurs out there, it`s a bit of a milestone to get that. It feels good.Anyway, I`m putting together a board of advisors. I know a number of very skilled professionals that I want to be a part of my venture. These are people who have incredible credentials and they would be more than helpful. I took the advice of our startup nation gurus and decided that by offering a tiny stake in the company I could ask for a few hours of each of these individuals` time every month. By doing so, I can be surrounded by their advice, contacts, and potential investment.My concern is, what happens if things don`t work out and I have debts for a failed business. Are they at all responsible for some of that?
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