how to find advisor for your startup

We are very early stage startup with protoype in the works. We need and advisor on raising financing, and marketing. Just wondering how do you go about finding someone and then ask them to be your advisor.

Do you pay advisor equity or cash?

Thank,

Advisors Ecommerce

asked Aug 27 '11 at 06:45

Gagan
150 points

You could add contact information in your profile so the could find you. . . – Joseph Barisonzi 13 years ago

1 Answer

In no particular order for finding:

Business Networking Groups.
Referrals from local business professors
LinkedIn

Referrals from other start-up companies
SCORE (Senior Corp of Retired Executives)
Referral from the capital source you hope funds you
Local bank
. . .

For Asking:

After at least two meeting and in person: "My partners and I would be interested in engaging your serivices in an advisory capacity. . ."

On payment: You will get what you pay for.

answered Aug 27 '11 at 07:34

Joseph Barisonzi
12,141 points

Thanks Joseph. Do you know if advisor's accept equity as payment? If yes then what would be the ideal amount? And about finding advisors on Linked in, do you recommend "cold email" method? – Gagan 13 years ago