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After working many years in business, both in large companies as well as startups, I’ve realized that you can learn more from peers and mentors than from any formal education program. Best of all, I find mentoring to be fun and fulfilling for both the giver and the receiver. Mentoring works best one-on-one and person-to-person.
In my role as mentor to many of you aspiring entrepreneurs, I often find you convinced that all you need to start is a unique innovation or idea , and now you are ready to jump in with both feet and enjoy the ride. Enlist a mentor and advisor who is not a ‘yes’ person. You can win as a team. Find your level of passion early.
But privately, as a mentor to many entrepreneurs, I see mindsets and attributes that may be equally critical to success, but are not readily admitted, for fear of being too wacky. At some stage of your education, you realize that you can learn faster, and get more satisfaction, in the real world than in a academic environment.
Seth’s interest in helping others grew out of his lack of having a mentor. Although both parents are educators, his father a professor and his mother the Commissioner of Education in Connecticut, they did not teach him business. He was drawn to Stanford by the people ecosystem- access to professors and mentors.
Unfortunately, these goals are often mutually exclusive, and focusing on the wrong ones won’t bring you that business success and satisfaction you crave. For example, Richard Branson relishes the satisfaction of initiating innovative startups, and rewarding strong team members with the opportunity to run a joint spinoff.
Ironically, as a startup investor and mentor, I have seen too many failures caused by just the opposite – too much money spent too soon, taking time to get product perfection, and assuming customers will wait. Subtraction leads to simplicity, better usability, and easier education of your customers. Find new ways to augment.
Most of you business professionals that I know have at least thought about or talked about starting their own business, to get more control, make more money, or to get more satisfaction out of their life. As a mentor to young aspiring entrepreneurs , I often get asked for tips on a strategy to get started. You must feel satisfaction.
In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated. Boomer investors are much more likely to get in the game with a high focus on mentoring and give-back, as well as the financial return potential.
It’s been happening for some time, but business changes, accelerated by the recent pandemic, have highlighted the need for all of us to review our positions, image, and satisfaction at work. Now may be the time to build new credentials is this digital age by taking time for education courses and attending digital conferences.
Over my many years of mentoring aspiring entrepreneurs and business professionals, I often hear a desire to start a new business, with a big hesitation while waiting for that perfect idea and perfect alignment of the stars. Then pursue the people and education you need to build a winning business.
In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated. Boomer investors are much more likely to get in the game with a high focus on mentoring and give-back, as well as the financial return potential.
Ironically, as a startup investor and mentor, I have seen too many failures caused by just the opposite – too much money spent too soon, taking time to get product perfection, and assuming customers will wait. Subtraction leads to simplicity, better usability, and easier education of your customers. Find new ways to augment.
Once you have learned, your top- priority task must be to educate others around you. In addition, he has often stated that his first priority is serving his employees and his extended business family, through coaching, mentoring, and effective communication. Lift: propagate your strength by teaching others.
In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated. Boomer investors are much more likely to get in the game with a high focus on mentoring and give-back, as well as the financial return potential.
Ironically, as a startup investor and mentor, I have seen too many failures caused by just the opposite – too much money spent too soon, taking time to get product perfection, and assuming customers will wait. Subtraction leads to simplicity, better usability, and easier education of your customers. Find new ways to augment.
For a startup or small business executive serving as mentor, the proverbial “win-win” is created as they benefit from an injection of essential bandwidth, youthful energy, and technical expertise. Satisfaction vs. Stress. In return, the intern benefits immensely from the experiential education. to pull their weight.
Rather than focus on negatives, let me summarize key positive attributes that I look for in people to move ahead, from my own experience as a corporate executive, and many years mentoring entrepreneurs. A capacity for education at the next level. Also, build mentoring relationships at the next level.
They generally are extremely well-educated with many holding numerous degrees and/or certifications, especially African American women. Almost all credited their spouse, or a mentor, in helping them achieve their success.
As a long-time mentor and advisor to new business owners, I can attest to both the need for mentoring, and the satisfaction that comes from watching an aspiring but tentative entrepreneur grow into someone capable of changing the world. Building relationships, and finding ways for a win-win, is what mentoring is about.
Image via Flickr by World Economic Forum As a long-time mentor and advisor to new business owners, I can attest to both the need for mentoring, and the satisfaction that comes from watching an aspiring but tentative entrepreneur grow into someone capable of changing the world. Face-to-face mentoring generates more inspiration.
As a long-time mentor and advisor to new business owners, I can attest to both the need for mentoring, and the satisfaction that comes from watching an aspiring but tentative entrepreneur grow into someone capable of changing the world. Building relationships, and finding ways for a win-win, is what mentoring is about.
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