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Real Opportunities vs. Time Thieves: How to Evaluate Requests for Your Expertise
**Send us a Text Message! Please include your name and email so we can answer you! Please note, this does not subscribe you to our email list, it's just to answer if you have a questions for us.**
As a healthcare entrepreneur, it feels great to be wanted, whether it's an invitation to sit on a medical advisory board, speak at a conference, or volunteer your expertise. But every "yes" costs you time, and time is the most valuable resource you have when you're building a business. Say yes too freely, and you risk giving away hours (and energy) that should be fueling your growth.
In this episode, I share a real conversation with a client who was offered a seat on the advisory board of a nonprofit. On the surface, it looked like an amazing opportunity. But once we unpacked it, a lot more questions came up: Should she be compensated? Is there potential for conflicts of interest? Could this actually become a distraction?
In this post, I’ll walk you through the same framework I shared with her: questions to ask, red flags to watch for, and how to decide whether an opportunity truly serves your business, or is just a distraction disguised as an opportunity.
References
Download my free guide 6 Steps to Opening a Clinic here!
Book a free discovery call today
[00:53] The Advisory Board Opportunity: One of Amanda’s clients gets offered a position on a medical advisory board for a nonprofit… should she take it?
[03:50] The Nonprofit Red Flag: Why being asked to join a nonprofit board raises important questions about revenue models and intellectual property ownership.
[06:13] Equity vs. Self-Dealing: Why nonprofits don't offer equity and what conflict of interest really means outside of academia.
[08:22] Who Owns the IP? The critical question about intellectual property ownership that determines where your expertise actually goes.
[09:08] Building Your Expert Brand: How advisory board positions can expand your network, elevate your profile, and lead to paid consulting opportunities.
[11:24] Avoiding Future Resentment: Why voluntary positions can lead to resentment and how to protect yourself from giving away your best work for free.
[13:40] Business Growth or Distraction? How to evaluate whether opportunities help build your business or just feed your ego as an expert.
To work with Amanda Sabicer or find out more, check out her website at www.amandasabicer.com.
View all episodes
By Amanda Sabicer**Send us a Text Message! Please include your name and email so we can answer you! Please note, this does not subscribe you to our email list, it's just to answer if you have a questions for us.**
As a healthcare entrepreneur, it feels great to be wanted, whether it's an invitation to sit on a medical advisory board, speak at a conference, or volunteer your expertise. But every "yes" costs you time, and time is the most valuable resource you have when you're building a business. Say yes too freely, and you risk giving away hours (and energy) that should be fueling your growth.
In this episode, I share a real conversation with a client who was offered a seat on the advisory board of a nonprofit. On the surface, it looked like an amazing opportunity. But once we unpacked it, a lot more questions came up: Should she be compensated? Is there potential for conflicts of interest? Could this actually become a distraction?
In this post, I’ll walk you through the same framework I shared with her: questions to ask, red flags to watch for, and how to decide whether an opportunity truly serves your business, or is just a distraction disguised as an opportunity.
References
Download my free guide 6 Steps to Opening a Clinic here!
Book a free discovery call today
[00:53] The Advisory Board Opportunity: One of Amanda’s clients gets offered a position on a medical advisory board for a nonprofit… should she take it?
[03:50] The Nonprofit Red Flag: Why being asked to join a nonprofit board raises important questions about revenue models and intellectual property ownership.
[06:13] Equity vs. Self-Dealing: Why nonprofits don't offer equity and what conflict of interest really means outside of academia.
[08:22] Who Owns the IP? The critical question about intellectual property ownership that determines where your expertise actually goes.
[09:08] Building Your Expert Brand: How advisory board positions can expand your network, elevate your profile, and lead to paid consulting opportunities.
[11:24] Avoiding Future Resentment: Why voluntary positions can lead to resentment and how to protect yourself from giving away your best work for free.
[13:40] Business Growth or Distraction? How to evaluate whether opportunities help build your business or just feed your ego as an expert.
To work with Amanda Sabicer or find out more, check out her website at www.amandasabicer.com.