Typically, individual advisors can expect to receive anywhere between 0.25% to 5% - but the exact percentage ultimately depends on how much the advisor contributes to the company's growth, the advisor's expertise, and how much you're willing to give away!

An advisor may receive between 0.25% and 1% of shares, depending on the stage of the startup and the nature of the advice provided. There are ways to structure such compensation that ensures founders get value for those shares and still retain the flexibility to replace advisors, all without losing equity.

Shares and advisory shares are both types of investments, but they differ in how they are used. Shares allow investors to purchase ownership in a company and become shareholders, while advisory shares provide investors with advice about the company's potential investment opportunities.

In nearly all cases, nonprofit advisory board members serve without direct compensation. By contrast, advisory board members of corporations may get paid between a third or half of what regular board members get paid. Corporate board directors may receive compensation in the form of equity interest in the company.