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Clarity

lesa mitchell

Everywhere

Advisor/board member and growth partner to CEO's of newco's operating first in class business models or just struggling to scale in new markets. Former Exec at Kauffman Foundation, former CEO, former M&A exec in Pharma. Forbes 40over40 2013.

Board member; Humin, Modern Meadow, Enstitute, CapLinked, HarpHealth, Althea Foundation
TEDFellows Coach, SxSW Mentor and Coach

$4.17/min

1 Call

1 Review

32 minutes
Avg. call

Raising Venture Capital Early-stage Startups Public Policy Growth Strategies Advisory Boards Board of Director experience Life Sciences Founding New Markets Development Developing Talent

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Readiness to Start a Company?

Working with many early stage founders to determine the who, what, when and where of starting their company and surrounding themselves with the right team and advisors.

Defining and Executing New Market Strategy

I have not only created a variety of new firms and supported their scale in new markets but also supported firms in overcoming policy barriers in new markets.

Answers 2
Reviews 1

Answers

lesa mitchell answered

We have an Advisor wishing to get involved - had 4 good meetings, he has an A1 track record in household name co,s just concerned about the deal...

First make sure you are vetting your advisor as much as he/she is vetting you. I would have a personal conversation with other teams that the advisor has worked with in the past. Get to a level of granularity on what worked and what did not.

You don't disclose terms here which I appreciate but the percentages are important so I just want to make sure you aren't giving away too much.

By "alot of weight in the industry" do you mean that this person will make introductions for you to key customers, suppliers? Or are they well known and you think adding them as an advisor makes you look credible. If you are adding an advisor make it count. You need to identify three to four areas where you are not confident in your teams skills/knowledge about your business model and make sure that advisors added are addressing those very specific needs.

If this person is really good then you would want to spent a couple of hours with them every month. If you don't then you should ask yourself why you are taking on an advisor?

If you need a more detailed discussion let me know.

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Advisory Boards

Business Advisory

Financial Advisory

lesa mitchell answered

I need to fire an engineer at my startup for poor performance but he goes on holidays from Saturday. Should I do it now or wait until he gets back?

Do it now. I had to fire someone two days before Christmas and while it is very difficult it has to be done. Treat the person with dignity and respect, focus on the facts and if at all possible they have vacation or something coming that will ease the burden.

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Startups

Human Resources

Early-stage Startups

Reviews

Had a fantastic call with Lesa - she is extremely knowledgeable and offered very helpful and lucid advice. I'd definitely recommend giving her a call and wouldn't hesitate in going to her for advice again. Just what clarity is all about. Give her a call!

Andy Peck Source: Clarity

Member since March 2014