Building effective mentoring relationships

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How to Build Effective Relationships w/ Your Caroline Cummings Venture Catalyst [email protected]

Transcript of Building effective mentoring relationships

Page 1: Building effective mentoring relationships

How to Build Effective Relationships w/ Your

Caroline CummingsVenture [email protected]

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What is a mentor?

Someone with a skill you desire who is willing to share their time and expertise with you to help you advance personally or professionally.

An experienced and trusted advisor.They don’t get paid – that’s a Professional Coach!

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Become a great mentee!1.Clarify 2.Seek 3.Ask 4.Agree5.Thank

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Clarify your needs:

• Do you know what you don’t know?• Get specific• Choose some skills you

want to learn• You’ll probably need two

mentors• Etc…

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What I know: What I don’t know?(and is needed in your startup)

Programming UI/UX Hiring Firing …

Making cold calls Digital Marketing Fundraising Financials …

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Seek out mentors:• Networking events• Meet-ups• Linkedin (ask for intros)• Ask Friends/Family• Make cold calls (or ask for

intro)• Don’t just seek out someone you admire – they must have a specific skillset you need exposure to• Make the intention to find

one…

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Date Before You Mentor!

MENTORME

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Ask them to mentor you:• If you can’t ask – you can’t sell!• Be ready to share what it is about this person that you want to get exposure to• Sometimes the word “mentor” scares people• Share who you are and what skills you’re missing to be successful•Have they mentored before?

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Agree on terms:• How often?• What term?• Rules of

engagement?• What if scenarios• Types of things they’ll

ask you to do?• What success looks

like in the relationship?• Etc…

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Dos and Don’ts of Being an Awesome MenteeDO: Be honest Communicate Be assertive Be creative Do the work!

DON’T: Ask to sign NDAs Disappear or Flake Out Hold back Withhold info Stay if it’s not working

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Example of homeworkyou’ll get from mentors:

• Survey your customers (or who you think your customer are)• Write a one-page exec

summary• Develop/Update a pitch

deck• Interview CEO of another

company who is in your space, but not a competitor

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Thank your mentor(s):

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Go Find Your

Caroline CummingsVenture [email protected]