Now, let’s come back to reality. You are a budding entrepreneur with a potential startup. Fortunately, you may not be bothered by thugs but the market competition is fierce enough to put you under mental strain. So, now where do you go? – The answer is quite the same. But instead of a karate dojo, you may go to a startup dojo or what fancy business people say “an incubator” or “an advising firm”. There an experienced advisor will be your mentor who might not teach sophisticated karate moves but can certainly help you level up your startup game.
In this article, you will delve deep into what to look for while choosing mentorship for your startup and also how mentorship plays pivotal roles to take your startup to new heights.
Things to look out for choosing your mentor: Match made in heaven
Picture your startup to be a band, with the mentor serving as the ideal lead vocalist who has previously been there, done that, and received a platinum record! It’s critical to select a mentor who-
- compliments your attitude,
- supports your goal, and
- has experience in your sector.
This mentor-mentee match made in heaven will not only give useful insights but will also become a valued confidant and soundboard for phenomenal concepts.
How can an experienced mentor boost my startup?
An experienced mentor is something similar – he has years of experience with budding entrepreneurs, deals with diverse business ideas on a regular basis, has accumulated the right resources such as networking, and a like-minded community, and might also be involved with a dedicated firm or incubator. So, by the same logic, his touch is likely to be better. Let’s explore Here are the honorable mentions of how an experienced mentor can boost your startup-
The rock star’s wisdom
Mentors have had both stunning successes and terrible failures in their lives. These musical “hits” and “misses” are a goldmine of information for businesses. Learning from other people’s failures and achievements may save you a lot of time and money, allowing you to compose your startup’s chart-topping hit without having to go through endless trial and error.