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]]> By: Anonymous https://startupsanonymous.com/question/tell-advisors-mentors-longer-need-support/#comments/8815 Thu, 26 Feb 2015 15:00:16 +0000 https://startupsanonymous.com/?p=1885#comment-8815 In reply to Anonymous.

Never burn bridges. Ever.

]]> By: Anonymous https://startupsanonymous.com/question/tell-advisors-mentors-longer-need-support/#comments/8795 Tue, 24 Feb 2015 10:30:39 +0000 https://startupsanonymous.com/?p=1885#comment-8795 I had an advisor which did me a huge favor and had me sign a contract which vested. If you are giving equity to an advisor than it needs to be treated the same way as a cofounder. This might be helpful for the future but I am not sure if there is anything you can do about it now. If you promised equity you should give it because you reputation depends on it. Even if you don’t like or need their advice.

]]> By: Anonymous https://startupsanonymous.com/question/tell-advisors-mentors-longer-need-support/#comments/8788 Mon, 23 Feb 2015 10:09:52 +0000 https://startupsanonymous.com/?p=1885#comment-8788 Think it always worthwhile to keep relationships alive. If you have promised equity you should honour that, and fees to what you have contracted. Worth seeing what you can get in return for this, as it may be giving the advisors a better idea of what you expect is all that is needed.

If there are minimal promises, a plan to do a brainstorming meeting every three months to a year with these people who will have tried to help in the early years of your company treats them with respect. Yet everyone is busy and will understand you need to focus, and that you are choosing to spend more time with those who are helping you get results.

]]> By: Anonymous https://startupsanonymous.com/question/tell-advisors-mentors-longer-need-support/#comments/8787 Mon, 23 Feb 2015 01:17:47 +0000 https://startupsanonymous.com/?p=1885#comment-8787 Can you share what your initial deal was with these advisors was: compensation, equity, pay per session, hourly rate, etc…???

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