{"id":4701,"date":"2020-12-26T09:45:09","date_gmt":"2020-12-26T04:15:09","guid":{"rendered":"https:\/\/www.tactyqal.com\/blog\/?p=4701"},"modified":"2024-11-05T14:33:19","modified_gmt":"2024-11-05T09:03:19","slug":"8-tips-to-mentor-a-startup","status":"publish","type":"post","link":"https:\/\/tactyqal.com\/blog\/8-tips-to-mentor-a-startup\/","title":{"rendered":"8 Tips for Startup Mentors"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column]<style>.ld_fancy_heading_69e89b1c00104 .lqd-highlight-inner{height:0.275em;bottom:0px;}<\/style><div class=\"ld-fancy-heading ld_fancy_heading_69e89b1c00104\">\n\t<h3 class=\"lqd-highlight-underline lqd-highlight-grow-left\" ><span class=\"ld-fh-txt\"> Give a person a fish and feed them for a day. Teach them how to fish and feed them for a lifetime. &#8211; Takeoff on Maimonides<\/span><\/h3><\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<span style=\"font-weight: 400;\">A mentor is someone who has the ability to provide insights and guidance in an area of expertise in which they can help others learn, grow, and develop.<\/span><\/p>\n<p>In another post, we have covered the <a href=\"https:\/\/www.tactyqal.com\/blog\/what-are-the-benefits-of-being-a-startup-business-mentor\/\">benefits of being a business mentor<\/a>.<\/p>\n<p><span style=\"font-weight: 400;\">Giving a helping hand to others can be a very rewarding experience.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Mentorship is not for everyone. You might possess rich work experience working in top management positions for fortune 500 companies. But that doesn&#8217;t make you a top mentor. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">You should only become a mentor if you truly want to help people, have the time to do it well, and most importantly, have the right skills to help individuals who want to reach their true potential.<\/span><\/p>\n<p>A good mentorship experience consists of the right mentor, the right mentee, and the right purpose.<\/p>\n<p>If you are a mentee looking for a mentor, you might want to check our posts on <a href=\"https:\/\/www.tactyqal.com\/blog\/how-to-find-a-startup-mentor-in-6-places\/\">where to find mentors<\/a> and <a href=\"https:\/\/www.tactyqal.com\/blog\/15-tips-for-working-with-business-mentors-advisors-for-startups\/\">how to work with them<\/a>.<\/p>\n<h3><strong>How to mentor someone?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">You may have expertise in certain areas such as finance, funding, legal, marketing, product knowledge, or business strategy. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">You may also have developed skills from their experiences such as; starting a business, growing a business, or selling a business, along with a wide range of knowledge that comes with startup experience such as; how to hire the right people, how to raise money from venture capitalists, how to do PR or how to market your business.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As a mentor, you will have the opportunity to share all the valuable experience with your mentee.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, note that mentorship is not about giving someone the answers, but more about helping them understand how to think to find the answers. You are trying to show them the way so that they can find their own path.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, how to become a good startup mentor? Let\u2019s look at the steps you need to take before taking the role of a mentor.<\/span><\/p>\n<h4><b>1. List your areas of expertise<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">List 3-5 areas of expertise you have that you can share with your mentee to help them become better. Using lessons from previous experiences, whether good or bad, can help you prepare for how to approach a problem and how to work with the mentee to have not only a positive relationship but also an impactful one.\u00a0<\/span><\/p>\n<h4><b>2. List what you have learned from your mentors<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Who were your mentors and what have you learned from them? Make a list of things that really helped you in your journey.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Write down what worked and what didn\u2019t.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And if you have had a mentor\/s in your life that had a negative or not so useful impact on you, list those as well. Don\u2019t do these to anyone. Remember mentoring is about sharing experiences to help. Often the most impactful learning comes from failures and bad experiences we have had.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The key is that we need to feel comfortable enough with what happened to talk about and analyze those experiences so we can use what we learned to help others.<\/span><\/p>\n<h4><b>3. Be ready to play varying roles<\/b><\/h4>\n<p>Depending on who your mentee is or the circumstances they are in, you will have to play different roles at different times. Sometimes you will have to play the role of a therapist, in other cases, you will have to play the role of a father, a bigger brother, or even a taskmaster.<\/p>\n<p><span style=\"font-weight: 400;\">Sometimes you wind up in situations you can\u2019t anticipate. It\u2019s critical to know why you\u2019re getting into mentoring and to be honest with yourself about your abilities and motivations.<\/span>[\/vc_column_text]<style>.ld_spacer_69e89b1c00cb4{height:32px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_69e89b1c00cb4\"><span class=\"liquid_empty_space_inner\"><\/span><\/div>[vc_single_image image=&#8221;4735&#8243; img_size=&#8221;medium&#8221; alignment=&#8221;center&#8221; onclick=&#8221;custom_link&#8221; link=&#8221;https:\/\/tactyqal.com\/tests&#8221;]<style>.ld_spacer_69e89b1c00d6c{height:32px;}<\/style>\n<div class=\"ld-empty-space ld_spacer_69e89b1c00d6c\"><span class=\"liquid_empty_space_inner\"><\/span><\/div>[vc_column_text]<\/p>\n<h4><strong>4. Make a list of your most helpful networking contacts.<\/strong><\/h4>\n<p>In the past, you have worked with many people with varying skillsets. Make a list of all the people with whom you are on good terms with along with what is their trademark skill.<\/p>\n<p>When you are brainstorming in a mentorship session and come across a problem that needs solving, you can reach out to someone on the list who can help you out with that particular problem.<\/p>\n<h4><strong>5. Learn the tools of the trade<\/strong><\/h4>\n<p>Learn some of the essential tools to help founders navigate their way to success. Some tools like the &#8216;Lean Startup Canvas&#8217; and the &#8216;AARRR&#8217; i.e. acquisition, activation, retention, revenue, referral &#8211;\u00a0 pirate metrics frameworks can help you design a proper strategy to guide startups.<\/p>\n<p>You can also use some essential business matrices like the &#8216;importance-urgency&#8217; matrix or the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Ansoff_Matrix\">Ansoff matrix<\/a> to help founders focus on the right tasks at the right time.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column]<div id=\"ld_images_group_container_69e89b1c00ead\" class=\"liquid-img-group-container ld_images_group_container_69e89b1c00ead\"  >\n\t<div class=\"liquid-img-group-inner\">\n\t\t<div id=\"ld_images_group_element_69e89b1c0174b\" class=\"liquid-img-group-single ld_images_group_element_69e89b1c0174b\" data-reveal=\"true\" data-reveal-options='{\"direction\":\"tb\",\"bgcolor\":\"\",\"delay\":\"\"}'>\n\t\n\t\t\n\t<div class=\"liquid-img-group-img-container\">\n\t\t\n\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"liquid-img-container-inner\" >\n\t\t\t<figure ><img loading=\"lazy\" decoding=\"async\" width=\"1718\" height=\"1024\" src=\"data:image\/svg+xml;charset=utf-8,&lt;svg xmlns%3D&#039;http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg&#039; viewBox%3D&#039;0 0 1718 1024&#039;%2F&gt;\" class=\"attachment-full size-full ld-lazyload\" alt=\"Lean Startup Canvas\" srcset=\"\" sizes=\"(max-width: 1718px) 100vw, 1718px\" data-src=\"https:\/\/tactyqal.com\/blog\/wp-content\/uploads\/2020\/12\/lean-startup-canvas.png\" data-srcset=\"https:\/\/tactyqal.com\/blog\/wp-content\/uploads\/2020\/12\/lean-startup-canvas.png 1718w, https:\/\/tactyqal.com\/blog\/wp-content\/uploads\/2020\/12\/lean-startup-canvas-300x179.png 300w, https:\/\/tactyqal.com\/blog\/wp-content\/uploads\/2020\/12\/lean-startup-canvas-1024x610.png 1024w\" data-aspect=\"1.677734375\" \/><\/figure>\t\t\t\t\t<\/div><!-- \/.liquid-img-container-inner -->\n\t\t\n\t<\/div><!-- \/.liquid-img-group-content -->\n<\/div><!-- \/.liquid-img-group-single -->\n\t\n\t<\/div><!-- \/.liquid-img-group-inner -->\n<\/div><!-- \/.liquid-img-group-container --><style>.ld_fancy_heading_69e89b1c08884 .lqd-highlight-inner{height:0.275em;bottom:0px;}<\/style><div class=\"ld-fancy-heading text-center ld_fancy_heading_69e89b1c08884\">\n\t<p class=\"lqd-highlight-underline lqd-highlight-grow-left\" ><span class=\"ld-fh-txt\"> <\/p>\n<p style=\"text-align: left\"><em>Lean Startup Canvas<\/em><\/p>\n<p><\/span><\/p><\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<h4><strong>6. Start from the end<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">Mentors don\u2019t always know where to start. A tip from Steven Covey; \u201cBegin with the end in mind.\u201d <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Asking a mentee why they are in business, to begin with, is a good starting point. What is the problem they are trying to solve? Why this and not something else? Why does anyone care? Is anyone willing to pay for it? <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Tie it to measures such as; productivity of individuals (many apps focus on this), quality of life (how and how much will people be willing to pay for it), and customer acquisition and customer loyalty. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Look for measures or indicators of interest and how to identify what progress is being made. A simple question upfront is; \u201cWhat does success look like?&#8221;<\/span><\/p>\n<h4><strong>7. How to give feedback?<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">One of the most important skills a mentor can develop is the skill of giving feedback. Many mentors are smart. Many mentors have vast amounts of relevant experience and knowledge, but the ability to share it clearly and in a non-threatening way is critical to whether the message is heard and received. Questions to ask before giving feedback<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Is your feedback based on facts?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Can you reference specific examples of behavior?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Can the feedback be acted on?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Is the timing of the feedback in line with the conversation?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Can you clearly communicate the issues associated with the feedback and provide suggestions for improving on them?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Do you have a plan to follow up to review specific issues again on a specific date?<\/span><\/p>\n<h4><strong>8. Effective listening. <\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">Mentorship requires less talking and more listening. If you don&#8217;t know what your mentee is trying to say, how are you going to help them solve their problem?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here is a great method for effective listening: The speaker speaks. The listener listens and then repeats it back in his or her own words. Voila! Both parties know that it was understood and now they can effectively move forward and have a meaningful conversation. No backtracking. No guesswork.<\/span>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column]<div id=\"ld_images_group_container_69e89b1c08bd1\" class=\"liquid-img-group-container ld_images_group_container_69e89b1c08bd1\"  >\n\t<div class=\"liquid-img-group-inner\">\n\t\t<div id=\"ld_images_group_element_69e89b1c08d63\" class=\"liquid-img-group-single ld_images_group_element_69e89b1c08d63\" data-reveal=\"true\" data-reveal-options='{\"direction\":\"tb\",\"bgcolor\":\"\",\"delay\":\"\"}'>\n\t\n\t\t\n\t<div class=\"liquid-img-group-img-container\">\n\t\t\n\t\t\n\t\t\t\t\n\t\t\t\t<div class=\"liquid-img-container-inner\" >\n\t\t\t<figure ><img loading=\"lazy\" decoding=\"async\" width=\"898\" height=\"904\" src=\"data:image\/svg+xml;charset=utf-8,&lt;svg xmlns%3D&#039;http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg&#039; viewBox%3D&#039;0 0 898 904&#039;%2F&gt;\" class=\"attachment-full size-full ld-lazyload\" alt=\"urgency importance matrix\" srcset=\"\" sizes=\"(max-width: 898px) 100vw, 898px\" data-src=\"https:\/\/tactyqal.com\/blog\/wp-content\/uploads\/2020\/12\/urgency-importance-matrix.png\" data-srcset=\"https:\/\/tactyqal.com\/blog\/wp-content\/uploads\/2020\/12\/urgency-importance-matrix.png 898w, https:\/\/tactyqal.com\/blog\/wp-content\/uploads\/2020\/12\/urgency-importance-matrix-298x300.png 298w, https:\/\/tactyqal.com\/blog\/wp-content\/uploads\/2020\/12\/urgency-importance-matrix-150x150.png 150w\" data-aspect=\"0.99336283185841\" \/><\/figure>\t\t\t\t\t<\/div><!-- \/.liquid-img-container-inner -->\n\t\t\n\t<\/div><!-- \/.liquid-img-group-content -->\n<\/div><!-- \/.liquid-img-group-single -->\n\t\n\t<\/div><!-- \/.liquid-img-group-inner -->\n<\/div><!-- \/.liquid-img-group-container --><style>.ld_fancy_heading_69e89b1c14bcf .lqd-highlight-inner{height:0.275em;bottom:0px;}<\/style><div class=\"ld-fancy-heading text-center ld_fancy_heading_69e89b1c14bcf\">\n\t<p class=\"lqd-highlight-underline lqd-highlight-grow-left\" ><span class=\"ld-fh-txt\"> <\/p>\n<p style=\"text-align: left\"><em>Urgency-Importance Matrix<\/em><\/p>\n<p><\/span><\/p><\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]To sum up,<\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Take your role seriously. Focus on the mentee.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Use questions to help the mentee understand and learn.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Provide feedback based on facts.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Develop your best signature stories to make your point.<\/span><\/li>\n<li>Have a way to follow up to see what actions were taken and what results were achieved. What lessons did the mentee learn?<\/li>\n<li><span style=\"font-weight: 400;\">Have a heart-to-heart talk with your mentee.<\/span><\/li>\n<\/ul>\n<p>Mentorship is a key role in the life of an entrepreneur. And your role as a mentor is to guide them to success. The idea is to help your mentee become Luke Skywalker and not Darth Vader:)<\/p>\n<h3><strong>FAQ: Becoming a Startup Mentor<\/strong><\/h3>\n<p><strong>Q: What is a mentor?<\/strong> A: A mentor is someone who provides insights and guidance in a specific area of expertise to help others learn, grow, and develop.<\/p>\n<p><strong>Q: Who can be a mentor?<\/strong> A: Not everyone can be a mentor. To become a mentor, you should genuinely want to help people, have the time to dedicate to mentoring, and possess the right skills to assist individuals in reaching their true potential.<\/p>\n<p><strong>Q: What makes a good mentorship experience?<\/strong> A: A good mentorship experience requires the right mentor, the right mentee, and a clear purpose. It is important to have a mentor who possesses relevant expertise, a mentee who is motivated to learn, and a shared understanding of the goals and objectives of the mentorship.<\/p>\n<p><strong>Q: What is the importance of feedback in mentorship?<\/strong> A: Feedback is crucial in mentorship as it helps guide mentees&#8217; development. When providing feedback, ensure it is based on facts, supported by specific examples, actionable, well-timed, and accompanied by suggestions for improvement. Following up on feedback and reviewing progress is also essential for the mentee&#8217;s growth.<\/p>\n<p><strong>Q: How can I be an effective listener as a mentor?<\/strong> A: Effective listening is vital in mentorship. Use the following method: Allow the speaker to express themselves, actively listen, and then repeat what you&#8217;ve understood using your own words. This technique confirms mutual understanding, avoids misunderstandings, and facilitates meaningful conversations.<\/p>\n<p><strong>Q: What should be the focus of a mentor?<\/strong> A: As a mentor, your primary focus should be on the growth and development of your mentee. Use questions to help them understand and learn, provide feedback based on facts, share relevant stories to emphasize key points, and follow up on their actions and results. Your role is to guide them to success.<\/p>\n<p><strong>Q: How can mentorship positively impact entrepreneurs?<\/strong> A: Mentorship plays a vital role in the life of an entrepreneur. By providing guidance, insights, and support, mentors can help entrepreneurs navigate challenges, make informed decisions, and achieve success. The goal is to empower mentees to become successful and make a positive impact on their entrepreneurial journey. Mentorship can help entrepreneurs gain valuable knowledge, avoid common pitfalls, expand their network, and develop essential skills. It provides a supportive environment where mentees can learn from the experiences of mentors, receive constructive feedback, and gain the confidence to overcome obstacles. Ultimately, effective mentorship can contribute to the mentee&#8217;s personal and professional growth, increasing their chances of entrepreneurial success.<\/p>\n<h3 class=\"crp-list-title\">Related Posts<\/h3><ul class=\"crp-list\"><li class=\"crp-list-item crp-list-item-image-left crp-list-item-has-image\"><div class=\"crp-list-item-image\"><a href=\"https:\/\/www.tactyqal.com\/blog\/qualities-of-a-good-business-mentor-what-it-takes-to-succeed\/\"><img loading=\"lazy\" decoding=\"async\" data-pin-nopin=\"true\" style=\"max-width: 50px; height: auto;\" width=\"50\" height=\"50\" src=\"data:image\/svg+xml;charset=utf-8,&lt;svg xmlns%3D&#039;http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg&#039; viewBox%3D&#039;0 0 150 150&#039;%2F&gt;\" class=\"attachment-50x50 size-50x50 ld-lazyload wp-post-image\" alt=\"Qualities of a good business mentor\" data-src=\"https:\/\/tactyqal.com\/blog\/wp-content\/uploads\/2023\/05\/qualities-of-a-good-business-mentor-150x150.jpg\" data-aspect=\"1\" srcset=\"\" \/><\/a><\/div><div class=\"crp-list-item-title\"><a href=\"https:\/\/www.tactyqal.com\/blog\/qualities-of-a-good-business-mentor-what-it-takes-to-succeed\/\">Qualities of a Good Business Mentor: What It Takes to Succeed<\/a><\/div><\/li><li class=\"crp-list-item crp-list-item-image-left crp-list-item-has-image\"><div class=\"crp-list-item-image\"><a href=\"https:\/\/www.tactyqal.com\/blog\/startup-accelerators-vs-incubators-with-examples\/\"><img loading=\"lazy\" decoding=\"async\" data-pin-nopin=\"true\" style=\"max-width: 50px; height: auto;\" width=\"50\" height=\"50\" src=\"data:image\/svg+xml;charset=utf-8,&lt;svg xmlns%3D&#039;http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg&#039; viewBox%3D&#039;0 0 150 150&#039;%2F&gt;\" class=\"attachment-50x50 size-50x50 ld-lazyload wp-post-image\" alt=\"startup accelerator vs incubator\" data-src=\"https:\/\/tactyqal.com\/blog\/wp-content\/uploads\/2023\/01\/accelerator-vs-incubator-150x150.jpg\" data-aspect=\"1\" srcset=\"\" \/><\/a><\/div><div class=\"crp-list-item-title\"><a href=\"https:\/\/www.tactyqal.com\/blog\/startup-accelerators-vs-incubators-with-examples\/\">Startup accelerators vs incubators with examples<\/a><\/div><\/li><li class=\"crp-list-item crp-list-item-image-left crp-list-item-has-image\"><div class=\"crp-list-item-image\"><a href=\"https:\/\/www.tactyqal.com\/blog\/why-create-a-profitable-social-impact-startup-vs-non-profit\/\"><img loading=\"lazy\" decoding=\"async\" data-pin-nopin=\"true\" style=\"max-width: 50px; height: auto;\" width=\"50\" height=\"50\" src=\"data:image\/svg+xml;charset=utf-8,&lt;svg xmlns%3D&#039;http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg&#039; viewBox%3D&#039;0 0 150 150&#039;%2F&gt;\" class=\"attachment-50x50 size-50x50 ld-lazyload wp-post-image\" alt=\"profitable social impact startup for non profit\" data-src=\"https:\/\/tactyqal.com\/blog\/wp-content\/uploads\/2023\/06\/profitable-social-impact-startup-for-non-profit-150x150.jpg\" data-aspect=\"1\" srcset=\"\" \/><\/a><\/div><div class=\"crp-list-item-title\"><a href=\"https:\/\/www.tactyqal.com\/blog\/why-create-a-profitable-social-impact-startup-vs-non-profit\/\">Why Creating a Profitable Social Impact Startup is a Better Alternative to a Non-Profit Organization?<\/a><\/div><\/li><\/ul>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]A mentor is someone who has the ability to provide insights and guidance in an&#8230;<\/p>\n","protected":false},"author":2,"featured_media":4760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[82],"tags":[83],"class_list":["post-4701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mentorship","tag-mentorship"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>8 Tips for Startup Mentors - Tactyqal<\/title>\n<meta name=\"description\" content=\"List 3-5 areas of expertise you have that you can share with your mentee to help them become better. 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