I usually do a 30-60 minute call with a startup as a mentor. Sometimes the startup is looking for help with a particular issue – often it is just a general health check on what they are doing and where they should focus. The first part of the call is typically getting to know their business model, then we dig into their questions or probe around for current difficulties. Then I can often suggest a few things to try or even a book to check out.
The mentoring tends to work best when some history can be built with the startup and the mentor so we can dig deeper and follow up on ideas that have been explored. Often this results in a call once every 4-6 weeks. If this persists and there is a good fit between the mentor and the startup then it may make sense to become an official advisor and/or investor in the company.
If you are interested in a mentoring call with me, please contact me. There is typically no cost but I may decline the meeting if I don’t think there is a good fit. 🙂