Skip to main content

What's the right way to compensate an advisor in an early-stage startup?

Where am I?

In TechToronto you can ask and answer questions and share your experience with others!

Lea Abboud , Growth at TechToronto

Compensating advisors makes them more invested in your business since they will have a personal stake.

A good question to ask yourself is "What value do they bring?", nail it down to a monetary value and multiply it by the number of hours spent.

Depending on how "early" your business is you can also compensate them with an equity stake that typically ranges from 0.15% — 1%.

2