Investor Connect Podcast

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

Here are some warning signs you may be talking to the wrong advisor:

Their primary business-building experience came two tech generations ago.

They have business experience but only in one area such as sales or marketing.

They can relate their experience but have difficulty understanding your situation.

They have a strong ego and center most of the discussion around themselves.

They seem to be busy with other projects and take some time to get back to you.

They treat the advisory work as a joyless task.

They don’t want to write down anything but rather just chat across the coffee table.

They can’t make the company meetings, so they have little knowledge of the rest of the team and company dynamics.

They don’t follow through on their action items and it takes several reminders to get something done.

They often confirm what you already know and don’t add much value.

Their experience and contribution overlap with other advisors.

If you have the wrong advisor, it’s best to bring it up and close out the relationship amicably.


Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

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Direct download: Avoiding_the_Wrong_Advisors.mp3
Category:general -- posted at: 6:00am CDT