4 Myths About Your Startup Mentors

Myth #1: Their experience means they know more about your business.

Having a third party perspective is refreshing. Often times mentors can poke holes in your business model, challenge your dynamics, and work at resolving internal team disputes.

Myth #2: Their networks will bring you value.

Mentors can open up doors to industries and networks that are unreachable to you as a new founder.

Myth #3: Mentors know how to be mentors.

Though most mentors have some sort of training or guidance before working with you as a startup, not all do. This is quintessential example when it comes to a college professors — some people can be completely brilliant and talented, but they cannot communicate a lesson or research even if their lives depended on it.

Myth #4: The more mentors the better.

Having mentors in respective areas of your business makes sense. I call it building out your dream support board, which means have expertise in technology or product, teamwork/leadership, marketing, and industry or niche knowledge.

“In order to be a mentor, and an effective one, one must care. You must care. Know what you know and care about the person, care about what you know and care about the person you’re sharing with.” — Maya Angelou, Poet and Civil Rights Activist

Why do I care about this so much?



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Kaitlin Fritz

Kaitlin Fritz


Forbes 30U30 Entrepreneur | Enterprise Educator | Supported 400 founders in UK and Abroad | Podcaster | And believer in strong coffee, no code, and kindness.