Around the time PIE was starting the accelerator phase of this ongoing experiment, David Cohen, cofounder of TechStars, shared the TechStars Mentor Manifesto. And it served as an inspiration for me. A post by Micah Baldwin, a former TechStars mentor, provided a similar nudge for me.
I’m often reminded to go back and reread both of these posts and am inspired, again and again. So I thought I’d take the opportunity to augment the PIE mentor guidance a bit with some things that we’ve learned from observing PIE startups and mentors over the years.
We shared these tips with the PIE mentors and a few of them suggested we turn it into a blog post for the broader mentor community.
So we took that mentoring to heart.
If you’re thinking about becoming a mentor for startups — either in a formal accelerator program or independently — here are some tips for thinking about how to work with entrepreneurs.
Read on here for 10 tips for mentoring startups.
By Paula Pant Posted: 10/16/14 Updated: 11/10/17
In addition to helping large Fortune 500 companies, #mentoring is beneficial to small businesses as well. For Entrepreneurs, There Are Some Questions You Just Can’t Research Online
You’d love to become your own boss. You’ve always dreamed of starting a cake business, running your own car dealership, or launching a consulting practice.
Lately, that dream has morphed into a plan. You’ve built some savings. You’ve carved out a home office. You have approval from your spouse.
But there’s one incredibly important piece of the puzzle that you may be lacking: a mentor.
Why a Mentor?
You can read all the books about writing business plans, managing self-employment taxes and filing LLC paperwork. You can study the biographies of the leaders in your field. But unless you have a trustworthy person who can provide direct feedback that’s unique to your situation, you won’t be able to improve as quickly or as well.
So where can you find a mentor? To read the rest of this article click here.
Lisa Fain and Lory Fischler facilitate Mentoring training at National Geographic in Washington, DC on May 2, 2018
You’ve come so far in your mentor/mentee relationship! Take a breath and take a look at all you’ve accomplished over the past 12 months.
Do you remember where you began a year ago? What was the quality and tone of that relationship then? What were your goals and visions?
Where are you now…and even more exciting, Where are you headed for the next 12 months?
Next month we begin a whole new series of tips! So, dream, journal and wonder at your next level…and stay tuned for more.
How long has it been since you’ve taken a look at the progress you’ve made? As a mentor? As a mentee? In your business? In your personal growth?
We encourage you to take time each quarter with your mentoring partner to celebrate your achievements. What are the demonstrable improvements in outlook, behavior, performance and work satisfaction since your mentoring relationship began? Get specific and outcome-focused. We can’t fully appreciate where we are until we’ve celebrated how far we have come.