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Mentorship is Vital to Driving Innovation

by / ⠀Startup Advice / March 11, 2013

If you had the choice between exploring a cave alone with no flashlight and exploring a cave with an experienced guide who carried a torch, which would you choose? Alone in the dark, you might still be able to use sound and touch to make it through the cave, but you would be doing a lot of guesswork. Clearly, it would be an easier (and more enjoyable!) journey…

You’re Never Too Young to Be a Mentor

by / ⠀Startup Advice / February 6, 2013

Networking and volunteering time to help other entrepreneurs can result in meaningful experiences that inspire and encourage. Many young entrepreneurs feel they must wait until they’ve exited a company or are older to give back – but the truth is that it’s never too early to start, and there’s never too small an impact to make. Sharing your entrepreneurial journey and aligning yourself with founders from other industries…

Start-up Strategy: Advice for Entrepreneurs Under 30

by / ⠀Startup Advice / December 6, 2012

From the simplest consumer product to the most complicated technology solution, the same mistakes often repeat themselves when starting new companies.  These mistakes make up the majority of the thorns in every entrepreneur’s side. Find a Mentor To cut down on the inherent problems associated with starting anything new, a set of guidelines can help simplify processes. Restaurateurs follow “formulas,” doctors refer to medical journals, and lawyers refer…

Tips for Finding and Benefiting From a Mentor

by / ⠀Startup Advice / September 24, 2012

Particularly if you’re just starting out in the business world there is a lot of value in having a mentor. We’re not talking about your boss, or even your supervisor, whose job it is to tell you what to do. We’re talking with someone in your field who can bring an outside perspective to your career and help you move along the path you have set out. BusinessWeek found that only…

Did You Know People With Mentors Make More Money? Interview with Bert Gervais

by / ⠀Entrepreneur Interviews / June 14, 2012

Mentors are more than a nice thing to have; they are essential if you want to accelerate your career. Mentors make the difference between people who simply advance up the corporate ladder one rung at a time and those who skip rungs. Studies show that: – Professionals who have used a mentor earn between $5,610-$22,450 more annually than those who don’t. Among executives interviewed in one study, 75…

15 Ways to Get Awesome Feedback From a Mentor

by / ⠀Startup Advice / April 27, 2012

Q. How do you ask a mentor for feedback on your next business idea? What should you bring to the table? The following answers are provided by the Young Entrepreneur Council (YEC), an invite-only nonprofit organization comprised of the world’s most promising young entrepreneurs. The YEC promotes entrepreneurship as a solution to unemployment and underemployment and provides entrepreneurs with access to tools, mentorship, and resources that support each stage of their business’s…

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