There is a simple strategy that is typically overlooked and it can increase your startup’s chances of success more than anything else: working with a mentor.
We are social beings. We live in an interconnected world. Even in today’s information age, the importance of collaborative networks has not diminished, but rather changed form.
If you want to manage people effectively, mentoring is a great way to cultivate soft skills like empathy and communication. Devoting some of your time to this rewarding activity can yield a high impact on your own managerial style.
Don’t be a “Jack of all trades, master of none” and “Focus or fail” are prevailing career keys to success. But is there another way to succeed?
Having more than one mentor certainly worked in my favor when I started my business.
Mentoring is a significant responsibility for managers and it’s one that can take them out of their comfort zone. But it can be hugely valuable for everyone involved.
I’ve discovered some criteria that determine if someone will make a good mentor for you.
Contrary to the suggestion that asking for help is a sign of weakness, hiring a business coach could be one of the best things you will do for your business.
After all, there are a myriad of ways to get cash for your startup, and none seem particularly easy. However, one of the best ways to advance your startup and improve your chances for funding is to join a local accelerator.
Whether it’s funding opportunities or valuable business training, governments across the globe provide hundreds of millions of dollars’ worth of free value to entrepreneurs willing to access them.