Audit Existing Materials and Select Advisory Template
The founder reviews existing venture collateral, founder capability matrices, and current governance documentation against standard advisory frameworks. They gather details of prior commitments, warm network contacts, and current skill shortages to establish a clear baseline. This initial grounding ensures the advisory structure is designed around genuine operational needs rather than unvalidated assumptions.
Audit current capability maps and existing founder materials to select the appropriate advisory board template. Establishing a clear baseline ensures the advisory structure directly targets verified venture blind spots rather than duplicating internal skills.
A populated baseline document referencing current team capabilities, identified functional gaps, and the selected advisory template structure. The founder must provide a clear inventory of existing contacts, informal mentors, and current governance assets ready for formalisation.
Five questions an expert would ask when reviewing your output
Use these to challenge assumptions, pressure-test your logic, and check the quality of this action's output in the context of the parent task and wider venture development.
- 1
What specific criteria did you use to choose this baseline advisory template over a lighter informal mentoring structure?
- 2
How have you audited your existing founding team skills to ensure this template targets genuine operational gaps?
- 3
Which existing informal relationships have you included, and what concrete evidence shows they are suited for formal advisory roles?
- 4
How does the selected template align with your immediate 12-month milestone requirements and fundraising strategy?
- 5
Where does your current documentation fail to distinguish between functional operational support and high-level strategic advice?