Be very clear and strategic about who you bring on the board. Do they understand your business? Can they help you run the business? Be very selective about getting your investors on the board—don’t put them on the board just because they put money because they will be sitting there and offering very unhelpful advice.
You should also know when to bring an independent board member. Most early-stage startups anyway don’t need outside board members; it is a waste of time.
