000 - 2019 Fall Cohort - Mentor Briefing...000 - 2019 Fall Cohort - Mentor Briefing Created Date...

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2019 SpringCohort I-Corps Mentor Briefing

Transcript of 000 - 2019 Fall Cohort - Mentor Briefing...000 - 2019 Fall Cohort - Mentor Briefing Created Date...

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2019 SpringCohortI-Corps Mentor Briefing

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The Role of Mentors• Hard to fill• Volunteering your time• Long term relationship• Powerful advocate

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The Role of MentorsWhat are your Responsibilities?

• Challenge• Keep the team on track• Discourage shortsightedness• Interpret the language of business• Hold information in confidence

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Before During After

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Relentlessly Direct Teaching

• This class pushes…may feel harsh and abrupt

• It’s designed to create immediate action in time-, resource-, and cash-constrained environments

• Pace and the uncertainty accelerate as the class proceeds

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Road to Success Has Many Turns

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Failure Modes• Over-delegation• Under-delegation

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The Role of MentorsHelp the team discover and utilize their own social network

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The Role of MentorsTeach them how to get meetings

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The Role of MentorsTeach them how to listen, not sell

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If You Don’t Listen and Learn Quickly

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The Role of MentorsTeach them how to think past the technology to the business model

Provide specific actionable advice; do not be vague

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The Role of MentorsTeach them how to Iterate and Pivot

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What’s Not the Role of Mentors• Doing all the outside building discovery• Selling when you should be listening• Innovating the business model by yourself

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Mentor Checklist• Get the team to:

o Make customer contact goals each week

• Talk to the PI & EL at least once a week• Review team weekly presentation before they present• You own identifying and correcting gaps in their business

knowledgeo Your teaching team is here to help

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Mentors Are Extensions of the Teaching Team

Welcome Aboard!!!