Ten Advisory Board Gifts of Wisdom — Part 2
Wisdom #1
“Data gives us the Facts which give us the Information. Information gives us Knowledge. And all such Knowledge supported by Experience & Intuition — leads to a WISDOM” — Oleg Feldgajer
Wisdom #2
“Data gives us the Facts; Facts give us the information; Information gives us the Knowledge; Knowledge turns into Wisdom, and Wisdom offers an ultimate Advice leading to a better decision” — Oleg Feldgajer
Wisdom #3
“I see too many dreams of wealth turn into nightmares of poverty … without a proper Advisory Board in place” — Oleg Feldgajer
Wisdom #4
“A competent Advisory Board turns promising Unicorns into proud stallions — instead of… little ponies” — Oleg Feldgajer
Wisdom #5
“Tell the business owner how to innovate, and you changed that business; Teach the business owners how to innovate, and you changed the entire community” — Oleg Feldgajer
Wisdom #6
“Good advisors help CEOs to see clarity in their thinking; Great advisors help CEOs to see what they should be thinking about” — Oleg Feldgajer
Wisdom #7
“Saying that you already have an Advisor, is like saying that you bought a business book in the past and have no need to look at another one…” — Oleg Feldgajer
Wisdom #8
“BOD is not your best friend, it serves SHAREHOLDERS. Want a friendly advice? Build a competent Advisory Board…” — Oleg Feldgajer
Wisdom #9
“Dismissing Advisors’ experience & expertise is easy; Succeeding without such wisdom… not so much” — Oleg Feldgajer
Wisdom #10
“When the CEOs say they already have an Advisor, is like saying that they visited a business library in the past and have no need to look for another book…” — Oleg Feldgajer
For More Information…
For more information, please see my posts on LinkedIn, Twitter, Medium, and CGE’s website.
AI Boogeyman
You can also find additional info in my book on amazon: “AI Boogeyman — Dispelling Fake News About Job Losses”, and on our YouTube Studio channel.
I offer hands-on AI investment advice to Venture Capital & Private Equity portfolio companies. Hence, I am in the business of joining Advisory Boards (ABs). And in many cases, I deliver results in 90 days by structuring JVs to bring untapped revenue streams — just as I did w/ Verizon 20-yrs ago…
A good Advisory Board improves the decision-making process by helping the CEOs to consider different perspectives. More importantly, there is not a single top athlete who does not have a coach. And yet, only 20% of CEOs are coached by Advisors. The other 80% — may never become the top performers they could have been. Thus, my advice to CEOs: “Amateurs don’t use coaches, professionals do… and so should you”.
I used advanced BusinessAI™ strategies in Renewable Energy for 12 yrs. Now, I help VC/CVC/PE funds to maximize their returns in Healthcare, Fintech, Transportation, Construction & Manufacturing, too. And I apply the same structured finance expertise I acquired through financing over $1B of Renewable Energy projects.
As a 30-yr BusinessAI™ veteran, I Propose, Design, Structure, Finance, and Deploy state-of-the-art Joint Ventures to bring RAPID & SUSTAINABLE REVENUES. And as a coach & mentor, I bring business savvy to separate the wheat from the chaff — through a unique process to beat the odds. Such pattern recognition abilities allow me to see what is still missing & how to maximize business offerings & profitability…
What I learned over the years is that it is not just technology innovation, but also the exponential increase in the value offered to clients at a much lower cost — that makes all the difference. Business Model Innovation is as disruptive as Technology Innovation and yet I see too many companies focused on pushing their product out the door — while losing ~70% of untapped revenue streams.
My LeanBOD™ recommendation? Mandate CEO Advisory Boards and create a pool of viable Co-CEOs to be chosen by the BODs. Co-CEOs offer the fastest way to accelerate Scale-Up & Expansion, Revenue Growth, Margin Enhancement & Opening New Channels.
SELECT ACCOMPLISHMENTS: Using AI in CT medical diagnostic, financial fraud detection, solar PV, wind, WTE, energy efficiency, etc. Finance skills: equity, non-recourse debt, balance sheet financing, and tax equity. I also took a tiny startup public, building a $135MM enterprise & received funding from NRC & DND. Academic R&D collaborations included: UW, UofG, UofT, and MCC Consortium in Texas.
