DO YOU REALLY NEED A
MENTOR AS A FOUNDER?
Chișinău, Moldova | 27.04.2018 | #ROCKIT
Borys Musielak
WHO AM I?
Serial entrepreneur
Community builder
Early-stage investor
DO FOUNDERS NEED
MENTORS?
Chișinău, Moldova | 27.04.2018 | #ROCKIT
“If you ask any
successful business
person, they will
always have had a
great mentor at
some point along the
road.”
Never had a mentor.
Still argues that
“it’s good to
solicit feedback,
particularly
negative feedback.”
“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
weakens your decision-making
Chișinău, Moldova | 27.04.2018 | #ROCKIT
weakens your decision-making
well intentioned, but not well
informed advice
Chișinău, Moldova | 27.04.2018 | #ROCKIT
weakens your decision-making
well intentioned, but not well informed advice
recycled ideas that kill
innovation
Chișinău, Moldova | 27.04.2018 | #ROCKIT
SO, DO YOUNEED
A MENTOR?
Chișinău, Moldova | 27.04.2018 | #ROCKIT
do you know everything about
your business?
Chișinău, Moldova | 27.04.2018 | #ROCKIT
do you know everything about your business?
do you have all the skills?
Chișinău, Moldova | 27.04.2018 | #ROCKIT
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
HOW TO FIND THE RIGHT
MENTORS?
Chișinău, Moldova | 27.04.2018 | #ROCKIT
the right skills & network
Chișinău, Moldova | 27.04.2018 | #ROCKIT
people with the right skills & network
who truly believe in you
Chișinău, Moldova | 27.04.2018 | #ROCKIT
people with the right skills & network
who truly believe in you
who you truly admire
Chișinău, Moldova | 27.04.2018 | #ROCKIT
HOW TO CONVINCE A
MENTOR TO JOIN AS AN
ADVISOR?
Chișinău, Moldova | 27.04.2018 | #ROCKIT
do your homework
Chișinău, Moldova | 27.04.2018 | #ROCKIT
do your homework
know what you want
Chișinău, Moldova | 27.04.2018 | #ROCKIT
do your homework
know what you want
provide value
Chișinău, Moldova | 27.04.2018 | #ROCKIT
WHAT DO ADVISORS
ACTUALLY DO?
Chișinău, Moldova | 27.04.2018 | #ROCKIT
provide feedback
Chișinău, Moldova | 27.04.2018 | #ROCKIT
provide feedback
introduce you to their network
Chișinău, Moldova | 27.04.2018 | #ROCKIT
provide feedback
introduce you to their network
give mental support
Chișinău, Moldova | 27.04.2018 | #ROCKIT
provide feedback
introduce you to their network
give mental support
give perspective
Chișinău, Moldova | 27.04.2018 | #ROCKIT
BUSINESS vs INDUSTRY
ADVISORS
Chișinău, Moldova | 27.04.2018 | #ROCKIT
Chris Kowalczyk
Venture Capitalist
Connector
Helped me raise funding
Invested in my next round
Mark de Quervain
VP Marketing @ Vue
Cinema industry expert
Helped me close key deals
HOW TO MANAGE
ADVISORS?
Chișinău, Moldova | 27.04.2018 | #ROCKIT
agree on responsibilities
Chișinău, Moldova | 27.04.2018 | #ROCKIT
agree on responsibilities
frequent communication
Chișinău, Moldova | 27.04.2018 | #ROCKIT
agree on responsibilities
frequent communication
regular meetings
Chișinău, Moldova | 27.04.2018 | #ROCKIT
agree on responsibilities
frequent communication
regular meetings
full transparency
Chișinău, Moldova | 27.04.2018 | #ROCKIT
HOW TO COMPENSATE
ADVISORS?
Chișinău, Moldova | 27.04.2018 | #ROCKIT
1­-2% stake depending on the
stage and their role
Chișinău, Moldova | 27.04.2018 | #ROCKIT
1­-2% stake depending on the stage and their role
never compensate advisors
with money!
Chișinău, Moldova | 27.04.2018 | #ROCKIT
one final thought...
Chișinău, Moldova | 27.04.2018 | #ROCKIT
THE MORE PEOPLE YOU
MEET THE MORE PEOPLE
CAN HELP YOU
Chișinău, Moldova | 27.04.2018 | #ROCKIT
“THE MORE PEOPLE YOU
MEET THE MORE PEOPLE
CAN HELP YOU”
Paolo Coehlo
Chișinău, Moldova | 27.04.2018 | #ROCKIT
STAY IN TOUCH!
mailto:borys@reaktorwarsaw.com
twitter.com/michuk
linkedin.com/in/musielak

Do you really need a mentor as a founder?