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Do you really need a mentor as a founder?

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Elon Musk never had a mentor. Do you need one? And if so--how do you find one, work with one and compensate one?

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Do you really need a mentor as a founder?

  1. 1. DO YOU REALLY NEED A MENTOR AS A FOUNDER? Chișinău, Moldova | 27.04.2018 | #ROCKIT Borys Musielak
  2. 2. WHO AM I? Serial entrepreneur Community builder Early-stage investor
  3. 3. DO FOUNDERS NEED MENTORS? Chișinău, Moldova | 27.04.2018 | #ROCKIT
  4. 4. “If you ask any successful business person, they will always have had a great mentor at some point along the road.”
  5. 5. Never had a mentor. Still argues that “it’s good to solicit feedback, particularly negative feedback.”
  6. 6. “THE MENTOR TRAP”https://www.forbes.com/sites/groupthink/2014/03/17/why-you-shouldnt-look-for-mentors By Bobby Campbell Chișinău, Moldova | 27.04.2018 | #ROCKIT
  7. 7. weakens your decision-making Chișinău, Moldova | 27.04.2018 | #ROCKIT
  8. 8. weakens your decision-making well intentioned, but not well informed advice Chișinău, Moldova | 27.04.2018 | #ROCKIT
  9. 9. weakens your decision-making well intentioned, but not well informed advice recycled ideas that kill innovation Chișinău, Moldova | 27.04.2018 | #ROCKIT
  10. 10. SO, DO YOUNEED A MENTOR? Chișinău, Moldova | 27.04.2018 | #ROCKIT
  11. 11. do you know everything about your business? Chișinău, Moldova | 27.04.2018 | #ROCKIT
  12. 12. do you know everything about your business? do you have all the skills? Chișinău, Moldova | 27.04.2018 | #ROCKIT
  13. 13. do you know everything about your business? do you have all the required skills? do you know everybody who can help you succeed? Chișinău, Moldova | 27.04.2018 | #ROCKIT
  14. 14. HOW TO FIND THE RIGHT MENTORS? Chișinău, Moldova | 27.04.2018 | #ROCKIT
  15. 15. the right skills & network Chișinău, Moldova | 27.04.2018 | #ROCKIT
  16. 16. people with the right skills & network who truly believe in you Chișinău, Moldova | 27.04.2018 | #ROCKIT
  17. 17. people with the right skills & network who truly believe in you who you truly admire Chișinău, Moldova | 27.04.2018 | #ROCKIT
  18. 18. HOW TO CONVINCE A MENTOR TO JOIN AS AN ADVISOR? Chișinău, Moldova | 27.04.2018 | #ROCKIT
  19. 19. do your homework Chișinău, Moldova | 27.04.2018 | #ROCKIT
  20. 20. do your homework know what you want Chișinău, Moldova | 27.04.2018 | #ROCKIT
  21. 21. do your homework know what you want provide value Chișinău, Moldova | 27.04.2018 | #ROCKIT
  22. 22. WHAT DO ADVISORS ACTUALLY DO? Chișinău, Moldova | 27.04.2018 | #ROCKIT
  23. 23. provide feedback Chișinău, Moldova | 27.04.2018 | #ROCKIT
  24. 24. provide feedback introduce you to their network Chișinău, Moldova | 27.04.2018 | #ROCKIT
  25. 25. provide feedback introduce you to their network give mental support Chișinău, Moldova | 27.04.2018 | #ROCKIT
  26. 26. provide feedback introduce you to their network give mental support give perspective Chișinău, Moldova | 27.04.2018 | #ROCKIT
  27. 27. BUSINESS vs INDUSTRY ADVISORS Chișinău, Moldova | 27.04.2018 | #ROCKIT
  28. 28. Chris Kowalczyk Venture Capitalist Connector Helped me raise funding Invested in my next round
  29. 29. Mark de Quervain VP Marketing @ Vue Cinema industry expert Helped me close key deals
  30. 30. HOW TO MANAGE ADVISORS? Chișinău, Moldova | 27.04.2018 | #ROCKIT
  31. 31. agree on responsibilities Chișinău, Moldova | 27.04.2018 | #ROCKIT
  32. 32. agree on responsibilities frequent communication Chișinău, Moldova | 27.04.2018 | #ROCKIT
  33. 33. agree on responsibilities frequent communication regular meetings Chișinău, Moldova | 27.04.2018 | #ROCKIT
  34. 34. agree on responsibilities frequent communication regular meetings full transparency Chișinău, Moldova | 27.04.2018 | #ROCKIT
  35. 35. HOW TO COMPENSATE ADVISORS? Chișinău, Moldova | 27.04.2018 | #ROCKIT
  36. 36. 1­-2% stake depending on the stage and their role Chișinău, Moldova | 27.04.2018 | #ROCKIT
  37. 37. 1­-2% stake depending on the stage and their role never compensate advisors with money! Chișinău, Moldova | 27.04.2018 | #ROCKIT
  38. 38. one final thought... Chișinău, Moldova | 27.04.2018 | #ROCKIT
  39. 39. THE MORE PEOPLE YOU MEET THE MORE PEOPLE CAN HELP YOU Chișinău, Moldova | 27.04.2018 | #ROCKIT
  40. 40. “THE MORE PEOPLE YOU MEET THE MORE PEOPLE CAN HELP YOU” Paolo Coehlo Chișinău, Moldova | 27.04.2018 | #ROCKIT
  41. 41. STAY IN TOUCH! mailto:borys@reaktorwarsaw.com twitter.com/michuk linkedin.com/in/musielak

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