What to offer to advisers / endorsers to make them interested?


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The question is about how attract and what to offer to people who you want to be behind your start-up? It's easier with developers and other positions where you can translate their hours to pay at a defined rate, with industry experts it's probably different.

For example, there's a guy who I want to approach and he's an expert in affiliate marketing and merchant data feeds, but I have no idea what I can offer in a start-up that has nothing except web site in development and some interest from investors that might not immediately translate into funding.

Advisors Funding

asked Jul 29 '11 at 02:56
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Mvbl Fst
144 points
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2 Answers


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Start by offering him a smile and a firm handshake :) Maybe start small and then offer him more of a role in the Start up later on.

If you don't know him, find someone who does that can make an introduction, or make an introduction yourself saying you have a mutual friend. Invite him to lunch, to a drink, or offer to stop by his office. Say something like, "Would you mind if I dropped by your office for 15 minutes to introduce myself... I'm working on a project that I know your brief advice would be greatly valued?"

Also, if you don't have anything specific to ask, be open with him, and say something along the lines of "hey, I'm just wanting to build a rapport with you, so as to have a chance to call on you for advice when I'm further along with this project."

From there, maybe follow up, "Hey, we've launched our website, and I was wondering if I could take you to lunch to get your advice on a few specific things we are working on?"

And being thankful and appreciative for other's time is also a good way to open doors in the future (thank you notes can go a long ways).

answered Jul 29 '11 at 12:27
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Bertrood
314 points
  • Thanks Bertrood. I should have mentioned that I am already talking with this person and know him from an industry related discussion board. I just know that he has a lot of expertise in the industry and his name will look good on an executive summary. That's beside the fact that he can probably offer a lot of knowledge and wisdom the project. – Mvbl Fst 13 years ago
  • Sounds like you're headed in the right direction. Good luck. – Bertrood 13 years ago

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I was just reading an article this week about advisors. Step 3 is probably most applicable to you. In the end, getting them on board is about getting them excited in you/your product/your company.

answered Jul 30 '11 at 05:14
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Tom Harrigan
373 points
  • Tom, thanks, great article. – Mvbl Fst 13 years ago

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