A Board of Directors is not an Advisory Board

Advisory boards are basically like NASCAR decals. You get names people recognize to endorse you, you put them on your web page, you pretty much forget about it.

The actual board's purpose is basically to decide when to fire you.

So yes, it's good to know the difference between these groups. =)

I would argue that one needs a Board of Directors that IS an Advisory Board.

Then and only then would I appreciate and respect my Board.