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Why Every Startup Needs a Strategic Advisor: Lessons from the Startup King

  • Writer: Gregory Henson
    Gregory Henson
  • Oct 29, 2024
  • 4 min read

Updated: Feb 25


When it comes to launching a startup, the key to success is in the word itself: the start. How and where you begin with your startup can be a make-or-break decision. And while all new businesses feel like ventures into unknown territory, there are well-established strategies and methods that experts have already put into practice in the field.


Having been part of many startups in various roles, I’ve seen time and again the difference a well-versed strategic advisor can make for a burgeoning or even maturing startup. You may be wondering what a strategic advisor can bring to the table and what value there is in adding this role to your roster.


Your expertise as a founder is in your startup. My expertise, should I join as your strategic advisor, is in bringing everything I’ve seen work for other startups and implementing it in a way that fits your unique project. The benefits of delegating this crucial component of your business to an experienced pro are countless, from efficient scaling to strategic goal-setting and beyond.


Let’s dive into why.


Why Advisors Matter

The key advantage an advisor brings is a singular focus on the overarching strategy that will get your startup running and growing. As a founder or C-suite member, it’s often challenging to keep the big picture in focus while navigating day-to-day tasks essential to your startup’s success.


An advisor keeps your startup on course, steering it towards a strategic north star that’s crucial for both stability and growth, especially in the early phases or during significant changes. Just as important as adherence to a strategy is the quality of the strategy itself. An experienced advisor brings insights and proven methodologies developed over years of industry work to create a custom roadmap for your startup.


Advisors also offer invaluable access to their networks, which includes investors, collaborators, and talent—key components of your startup’s success. Even if your startup fills an important market gap, it won’t thrive without the right people investing, listening, and contributing. An advisor’s network alone often makes their involvement a game-changer.


Alongside strategic guidance and networking, advisors can also serve as vital mentors. Launching a startup can feel like moving down an unlit path; it’s not always clear what to expect or when you’ll hit those pivotal milestones. Having an advisor walk with you is like turning on a flashlight; they provide valuable insights and guidance you can apply to daily operations.


This mentorship spans a range of areas, from operations and marketing to founder mindset. An advisor with industry experience has “seen it all” and can offer vital advice across these areas, helping you manage them with greater efficiency and confidence.


How a Strategic Advisor Can Accelerate Growth

A key advantage of having a strategic advisor is the time and effort you save. Without guidance, countless hours and dollars are spent testing various strategies with uncertain outcomes. A strategic advisor helps clarify which markers of success matter most and which strategies should be prioritized at different stages of your startup’s journey.


Investors are counting on you, and ideal customers are waiting for your contribution. An advisor quickly determines a starting point, provides ongoing guidance through each milestone, and prevents needless tire-spinning, allowing you to maintain momentum. With this approach, your startup is primed for rapid, scalable growth—a critical success marker for securing investor confidence and reaching your goals.


The mistake many startups make is thinking they have to reinvent the wheel. While innovation is valuable in your product or service, it doesn’t have to extend to your operational approach. Advisors help you avoid pitfalls, letting you focus on the unique offerings of your startup.


What I Bring to the Table

As a strategic advisor, my passion and expertise are dedicated to your startup’s success. I’ve worked with dozens of startups from inception to launch and beyond, bringing forward my knowledge to help them get to the next level.

My first priority as your advisor is to listen closely. I want to understand what your goals and ideal outcomes look like. Then, my role is to envision a future that’s even bigger than what you’ve dreamed for your company. I believe there’s always room for more, and even if we don’t reach that vision immediately, we’ll aim high and align our strategies toward that future.


In this partnership, I’ll be in your corner daily, helping you shape a strategy tailored to your current capacity. I’m there every step of the way, ready to make course corrections as needed, and focused on achieving the best possible outcomes for your startup.


Is it Time to Hire a Strategic Advisor?

A strategic advisor offers the guidance, networking, and mentorship essential for a startup’s success. If you’re serious about growth, adding an advisor could be the key difference-maker. They save you countless hours, dollars, and failures—putting you on a path of rapid progress. If you’re ready to see your startup thrive, it’s time to hire a strategic advisor.


Get started today.

About the Author

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Gregory Scott Henson is a 20x entrepreneur, 4x CEO, 50x angel investor, and business expert helping startups globally. As the CEO of Henson Group, Henson Venture Partners, SocialPost.ai, and Cloud Veterans, Greg is passionate about helping businesses scale. A former Microsoft executive turned founder, Greg has built global companies from the ground up and shares insights on entrepreneurship, leadership, and growth. When he's not advising startups or writing, Greg enjoys spending time with his family and inspiring others to pursue their dreams.

 

Visit www.GregoryScottHenson.com

to explore his ventures, download resources, or connect directly.

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