Mentoring for startups
Business Mentor for Startups
Some survey statistics show that those startups that had a mentor performed almost 3 x better, compared to those startups that did not have one! Startup mentors are invaluable resource for a startup, and can most often be the reason for your startup’s existence.
Some survey statistics show that those startups that had a mentor performed almost 3 x better, compared to those startups that did not have one! Startup mentors are invaluable resource for a startup, and can most often be the reason for your startup’s existence.
Why do Small Businesses and Startups need Business Mentor?
Over 2/3rd of mentored businesses survive for 5 years or more. Every business owner, entrepreneur needs to have a business mentor should they seek that additional insight and business acumen for their business to not just survive but grow to next level. Mentor for startups are most sought after in today’s dynamic, competitive VUCA world.
We at Startup Xperts understand the importance of Business Mentor for Startups and Small Busines and has passionately taken up the cause of mentoring a number of startups and SMEs to build our startup ecosystem. Startups are mentored at various stages – some right at the idea stage itself; or in an incubation or prototyping stage; or products/services that have already been launched in the market but unable to take things forward from that point; lacking clarity; or those startups that have not been able to grow their business despite having a brilliant idea, solution.
How to choose the right business mentor?
Be it whatever stage you are in, you need that guiding force which comes in the form of a business mentor! At the same time, you will need to ensure that your mentor fits your purpose, passion and other aspects as below
- value system
- business ethics
- commitment
- openness and
- responsive to feedback, etc.
What are your benefits in having a startup mentor?
There are so many benefits that startups can derive in having a startup business mentor on board, but some of the key aspects are as below;
- We show you the way that you can tread along
- Help you shortlist, validate ideas
- Bring in strategic thinking
- Provide you feedback without any bias
- May create opportunities to network
- Help you to focus, and work on critical aspects of your business
- Facilitate you to connect with potential investors where possible
- Fine tune your pitch, value proposition
- Guide you in digital marketing (execute it for you if you need it – optional)
- Can discuss, negotiate, for you with your potential investors (as per agreed terms)
- Support you in accelerating your growth
- Suggest ways to structure your company for better performance
Simply put, we act as your business advisor who can walk with you, for your success!
Looking for a startup mentor? You are almost there!