Once you have identified the right experts, the next step is to engage them effectively. Here are some methods:
Advisory Roles Bringing experts on as advisors can provide ongoing support. This can be formalized through an advisory board or as informal consultations.
Project-Based Engagement For specific challenges or projects, hiring experts on a project basis can be highly effective. This allows you to tap into their expertise without a long-term commitment.
Equity Stake Offering a stake in the company can be an attractive proposition for experts. This aligns their interests with the success of your business and can result in a more committed involvement.