What Is a Board Seat?

A Board Seat allows you to create a position for an advisor you’d like to add to your startup’s board or advisory team. It helps you clearly define the type of advisor you’re looking for, the experience and skills they should have, what you’d like their help with, and how much time you expect them to commit.

When creating a Board Seat, you’ll be guided through the following sections:

What information do I need to create a Board Seat?

1. Choose a Category

Start by selecting the category that best represents the type of advisor you’re looking for. This helps define the overall focus of the Board Seat.

2. What Industry Experience Should They Have?

Select the industry experience that would be most valuable to your startup. Think about which industries or markets you’d like your advisor to have firsthand experience working in.

3. What Specific Skills Are You Looking For?

Add the skills you’d like your advisor to bring to the table. These could relate to areas such as fundraising, marketing, sales, operations, product development, finance, or other areas where you need guidance.

4. What Would You Love Them to Do?

Describe how you’d like the advisor to help you. This is your opportunity to explain what you’re working on, where you could use support, and what you hope the advisor can contribute.

The more specific you are, the easier it will be to clearly communicate what you need from an advisor.

5. What Time Commitment Are You Looking For?

Choose the amount of time you’d like the advisor to dedicate to your startup. This helps set expectations around how involved you’d like them to be.

Why should I create a Board Seat?

Creating a Board Seat helps you organize exactly what you’re looking for in an advisor before beginning your search. It gives potential advisors a clearer understanding of your needs, expectations, and the role they could play in helping your startup.

What should I include in my Board Seat?

Focus on the experience, skills, responsibilities, and availability that would make an advisor valuable to your startup. You don’t need to have everything figured out, but providing specific information can help make your Board Seat more relevant to the type of advisor you want to connect with.

Can I create a Board Seat for a specific type of advisor?

Yes. You can customize your Board Seat based on the category, industry experience, specific skills, responsibilities, and time commitment you’re looking for.