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How becoming a mentor could boost your business

A great mentoring relationship is a two-way street, with benefits for those doing the mentoring as well as those being mentored. Being able to learn from someone who has the experience they've yet to acquire can save first-time entrepreneurs a lot of time, stress and money. And having a great business mentor who understands the challenges can have a significant impact on their success. While becoming a mentor requires time and effort, the rewards will be reflected in your own business and charac...
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Startup School: Advisor Edition

California-based startup accelerator YCombinator is hosting a free 1-day workshop for people "whose full-time job is to inspire, teach, and advise founders or would-be founders." Following the enormous success of its annual Startup School for founders, the company now wants to share its expertise with mentors and advisors. You have until March 31, 2019 to apply for a place on the workshop, which takes place May 4, 2019 in the San Francisco Bay Area. Even if you can't attend in person the or...
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My best advice for entrepreneurs - find a mentor. This is why and how.

As a first-time entrepreneur, you're most likely venturing into uncharted territory fraught with challenges and a steep learning curve, especially if you're trying to do it all by yourself. The best way to shorten the learning curve is to have someone you can turn to for advice. "Finding a great mentor is like finding a great friend. You can't really plan for it, but you can take steps to increase its likelihood," says Gonçalo de Vasconcelos. Here, he shares some top tips on finding the right me...
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4 tips to get a perfect mentor


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The investment with the highest ROI is the one you make in yourself

An investment in yourself is the best kind you can ever make. Most of the time when people talk about investing they're referring to financial investment. There are other ways to invest in yourself however and, unlike other investments, they always pay off. When you spend time, effort, and money on improving your knowledge, learning a new skill, tapping into your creativity, or hiring a coach, there's always an opportunity for personal, professional or financia...
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Networking isn’t just about networking

Making the right connections is vital for growing your business, whether you're looking to build relationships with clients, contacts, or mentors. Networking is a skill anyone can learn and, like any other skill, the more you practice the better you get. It's not just about getting out and meeting people, however. You need to "look at the whole picture, what is done outside networking as well as what we do at the events themselves," says author and business networking expert Stefa...
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Suzy Welch: Here's why everything you've been told about mentors is wrong

Mentorship is one of the biggest keys to success at every stage of your career and the right mentor can act as great catalyst to take your career to the next level. The best mentoring often happens when it arises organically and you may already know people who are sharing their knowledge and experience with you. For the best mentorship experience however, you may need to adjust your assumptions about who makes a good mentor, says leadership and career expert Suzy Welch. Here, she dispels so...
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Forget run-of-the-mill networking -- here's how to make real meaningful professional connections

The structure of your network can be a strong predictor of career success. While a closed network limits your opportunities for professional growth, an open network helps you create value for others and access a wider pool of potential resources and mentors. A more diverse network also exposes you to new ideas and information, a broader range of perspectives and fresh opportunities to market your skills or services. Being aware of these crucial benefits doesn't make expanding your network any le...
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5 steps for entrepreneurs with an idea, but no funding

Not all great ideas are easily transformed into marketable products or services. As a first-time entrepreneur, the journey from concept to profitable business can be arduous and access to capital is one of the most daunting challenges you'll face. "Building a successful business takes more than a great idea and a vision—it takes planning, discipline, research, and a whole lot of money," says startup consultant Andrew Deen. By spending the necessary time and effort on these five crucial steps how...
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The best advice these 11 successful people ever received

The importance of having a mentor is often stressed to entrepreneurs who are just starting out, and yet many start their careers without one. The entrepreneurial journey can be long and difficult without a trusted support system and many leading entrepreneurs say they owe some of their success to having great mentors. As a founder, having the right mentors for each stage of your startup's lifecycle can prove critical to your long-term success, as the best mentors share the wisdom they've gained ...
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