I'm a self-funded purchasing a business outside of my industry of expertise and would like to put together a board of advisors to advise me as I take over the business. How have people compensated the advisors? I was thinking a mixture of equity and annual compensation since they won't get dividends until a few years out. How should I be thinking about it? I want it to be fair for everyone and give incentive to the advisors to be engaged.
Board of Directors compensation?
by a searcher from Carnegie Mellon University - Tepper School of Business
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