Investable companies don’t occur by accident. In fact, the opposite may be true; many companies may accidentally become un-investable.

At its core, entrepreneurship is about the monetization of an idea. That idea emanates from the process of identifying a problem that someone or some business faces and finding a solution. That idea is the very heart and soul of your start-up.

There are many ways for a startup to fail. Some factors, like regulatory changes or input cost increases, are beyond the founder’s control. However, there are three significant actions that entrepreneurs are often guilty of that can kill your company as fast as anything.

The most important factor is a buzz word heard in every industry – diversity. So why is it the MOST important factor for creating an advisory board? And how does it resolve issues for entrepreneurs?

“The single biggest problem in communication is the illusion that it has taken place.”– George Bernard Shaw

The advice, counsel and support of an advisory board is required to accomplish substantive objectives of a scaling startup.

An efficient board of advisors is not accidental; they require planning. Here are twelve suggestions for creating highly efficient advisory boards.

A critical path analysis prevents scheduling conflicts in projects with numerous activities that have complex interactions.

Investors have a big picture view of the whole investment cycle. To think like an investor, you can’t follow the crowd. You’ll need expert guidance in order to frame your own investment portfolio.

“We filter out half of these qualified interviewees in the first minute.”