Advisor FAQ

What is an advisory board?

An Advisory Board is a group who provide non-binding strategic advice and guidance. The primary purpose of an Advisory Board is to offer expertise, insights, and diverse perspectives to help the organization make informed decisions, improve its operations, and achieve its goals.

Typically an Advisor is asked to give one hour a month to the CEO. In addition, there are one hour quarterly virtual group meetings, and there may be one in-person meeting each year.

There is no fee to be in The ABplatform database, and you are not expected to make any financial contribution to the company you advise.

Yes! The Advisory Board experience is a great way to gain the skills that will help you secure a paid board position. If that is your goal.

Advisors are paid in company equity which vests over five years.

At The ABplatform, we believe the first key to a successful Advisory Board is to match your skills as closely as possible to the needs of the companies. That means understanding your experience in a more detailed way than what might show up on your resume.