Advisory Board Creation: What is the Single Most Important Factor?

Advisory Board Diversity

The issues are complicated and there are varying opinions on their value. The purpose of this post is to share, what I believe to be the most important factor to be considered when one establishes an advisory board for their startup.

Diversity is the single most important factor I believe should be considered in advisory board creation.

By analyzing a variety of successful celebrities, athletes, and entrepreneurs; we can determine how diversity impacts the life of not only an Entrepreneur, but consumers as well. Should any one of them not exist, the fullness and richness of my personal experience would be diminished.

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Here’s a little personal sharing how some contemporary celebrities impact my life:

Elon Musk

The South African born, Canadian – American entrepreneur and business magnate who serves as CEO of Tesla and SpaceX. You can obtain a glimpse into Musk through his recent TEDs Conversation, “The Mind Behind Tesla, SpaceX Solar City”…
Musk challenges me to think about the possibilities!

Jack Ma

A Chinese business magnate and philanthropist. He is the Founder and Chairman of the Alibaba Group. This video, “Alibaba Founder Jack Ma: Ideas & Technology Can Change the World” helps us get to know Ma.
Ma, makes me think I can do it too!

LaBron James

The outstanding American professional basketball player for the NBA’s Cleveland Cavaliers.
Watching a game gets my competitive juices flowing!

Blake Shelton

A popular American country music singer and television personality. His hit, “God Gave Me You”, is an excellent example of his work.
Shelton makes me contemplate life.

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Maria Sharapova

A highly ranked professional tennis player from Russia. Maria Sharapova’s Profile and Stats say it all!
Watching her play leaves me amazed!

Andrea Bocelli

An Italian classical tenor, recording artist and singer songwriter. Bocelli’s rendition of “AVE MARIA”,
Brings feelings of warmth and joy to my heart. Additionally, considering he is blind, I simultaneously experience the same feelings of amazement.

Yayoi Kusama

The famous Japanese artist and writer’s “Works” can be viewed on Artsy.
They cause me to look at colors and art in an entirely different way.

Dharmesh Shah

The Founder of the OnStartups Blog for Entrepreneurs, Founder and CTO of HubSpot,
His efforts and work challenge me intellectually on a daily basis.

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Each of these people has had a significant impact on my life. Although I have not met any of them in person, each has touched me in some way, affecting my thinking and personal development. Together they offer me a fairly comprehensive perspective on life and living. They have made my experience stronger and more enjoyable. They’ve brought diversity to my life, and to the world!



Tony Lettich

Tony Lettich has previous Business Analysis, Business Valuation, M&A, and Venture Capital experience and currently serves as the Managing Director of The Angel Roundtable and a Partner in Sheehan, Lettich M&A Advisory. He is also a co-founder of FundingSage, which provides valuable information, tools and resources to entrepreneurs seeking to launch and build startups.