"Less than 6% of startups and small to medium businesses have a formalized advisory board, and the ones that do are seeing 3X revenues and 2X productivity for a substantial impact on profitability." Business Development Bank of Canada ReportThe value and power of advisory boards is one of the best knowledge-based investments with a very high ROI that delivers monetary, performance and relational capital rewards.We spoke to Nancy Mayer, co-author of the book "The Advisory Board Playbook" on 5 Steps to creating a winning advisory board.Nancy is an independent Business Advisor, Profit Strategist, Innovation Coach and the Founder of Power Play Profit Solutions, which was created to help entrepreneurs take back their power, empower their people and create a positive, collaborative work environment where people are playing at their best. We'd love to hear from you if you loved the show!Gary and the team from WhaleFor more great resources on all things scaling up and team training go to usewhale.io/blog/

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