The idea of advisory boards is similar to beta groups, but more selective.

Customer advisory boards can be an invaluable source of feedback.

Made up of half a dozen to a dozen passionate customers. Generally hand selected and invited.

You’d create a slack channel. Where you can communicate with all advisory board members.

Why create an advisory board?

How should you compensate them?

One thing that I’ll note is that it can get awkward if you try and pay them for their time. Generally I’ll try and avoid direct compensation.

And then find creative ways to compensate them outside of cash. So: