GUEST MENTOR Sean Duffy, CEO and co-founder of Omada Health: No entrepreneur can — or should — go it alone. But beyond hiring some teammates in the trenches, you’ll also need a handful of people working with you from the sidelines. Your advisers and board of directors are there to provide the high-level input that is difficult to get when you’re in the weeds.
But don’t confuse the two. Understanding the differences between them — and therefore the criteria you must consider before bringing either type on — will be crucial to the ultimate success of your company.
Read more: http://blogs.wsj.com/accelerators/2013/06/18/sean-duffy-the-4-types-of-advisers-every-startup-needs/