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© The Early Thinking
By Roger W. Boyce
4 Tests to Vet
a Potential Business Advisor
© The Early Thinking 2
Decisions an
entrepreneur
needs to
make
What you can
really handle
alone
© The Early Thinking
Time spent
thinking and
dreaming
about your
idea and
business
3
Resistance to accept better ideas
Your competitor
out-innovated
you
An “Oh s**t”
moment
Use advisors to avoid “reality distortion syndrome”
© The Early Thinking
Great
advisor
Don’t be satisfied with good advice
4
Unimaginative Insightful
Friends
Family
Average
advisor
© The Early Thinking
Test #1
5
Look for an advisor who’s smart about your domain
© The Early Thinking
Test #2
6
Look for an advisor without a motive to manipulate
© The Early Thinking
Test #3
7
Look for an advisor who isn’t a cheerleader
© The Early Thinking
Test #4
8
Look for an advisor who is self-reflecting
© The Early Thinking 9
Honest Advice Approval Therapy
Lastly, don’t look for, look at yourself
© The Early Thinking
A Great company
is nurtured by
a Great
community
10
‘few build a company alone’
Early
adopter
customers
Skilled
leadership
team
Passionate
employees
Smart
founders
The
RIGHT
advisors
© The Early Thinking
Contact Information
E: rboyce@theearlythinking.com or rboyce@stevens.edu
W: www.theearlythinking.com
11

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Four tests 2017 04 19

  • 1. © The Early Thinking By Roger W. Boyce 4 Tests to Vet a Potential Business Advisor
  • 2. © The Early Thinking 2 Decisions an entrepreneur needs to make What you can really handle alone
  • 3. © The Early Thinking Time spent thinking and dreaming about your idea and business 3 Resistance to accept better ideas Your competitor out-innovated you An “Oh s**t” moment Use advisors to avoid “reality distortion syndrome”
  • 4. © The Early Thinking Great advisor Don’t be satisfied with good advice 4 Unimaginative Insightful Friends Family Average advisor
  • 5. © The Early Thinking Test #1 5 Look for an advisor who’s smart about your domain
  • 6. © The Early Thinking Test #2 6 Look for an advisor without a motive to manipulate
  • 7. © The Early Thinking Test #3 7 Look for an advisor who isn’t a cheerleader
  • 8. © The Early Thinking Test #4 8 Look for an advisor who is self-reflecting
  • 9. © The Early Thinking 9 Honest Advice Approval Therapy Lastly, don’t look for, look at yourself
  • 10. © The Early Thinking A Great company is nurtured by a Great community 10 ‘few build a company alone’ Early adopter customers Skilled leadership team Passionate employees Smart founders The RIGHT advisors
  • 11. © The Early Thinking Contact Information E: rboyce@theearlythinking.com or rboyce@stevens.edu W: www.theearlythinking.com 11