Ending Soon! Save 33% on All Access

How to Find the Right Mentor for Your Startup Looking for a keen mentor can be challenging. Entrepreneur Liz Elam offers some tips for scoring an ideal match.

By Liz Elam Edited by Dan Bova

Shutterstock

Q: How do you go about finding a mentor when there aren't any available in your area?

-Karthic Gurnani
Chennai, India

A: I find it hard to believe that mentors aren't available in your area -- they are everywhere. There may not be a specific organization for mentor matching in your area, so you may need to do a little poking around.

Take a look at friends and family. My father ran a successful small business after a career in corporate America. When I decided to leave my job at Dell to be an entrepreneur, I started having a lot of business conversations with my dad. I also turned to friends and bounced ideas off of them on a regular basis. It was great to get their feedback, as they are successful in their own right, know me well and give great advice.

I also reached out to SCORE, a non-profit organization that offers free advice from retired professionals. SCORE set me up with an amazing mentor in a similar industry. We have been working together for the past four years, and I consider her a friend for life.

Related: A Good Mentor Will Tell It Like It Is

Another great place to find mentors is at networking or service organizations, like your local Rotary club. I have met some amazing business leaders in my community and as an added bonus, Rotary is all over the globe with more than 100 groups just in India.

Moreover, if you have access to the internet, you can still find mentors -- even if there are slim pickings locally. Social media, LinkedIn and online groups have made the world much smaller and much easier to connect.

Lastly, if you can't find the type of organization you want, form your own. Because I am an entrepreneur in the co-working space, I helped found an organization called The League of Extraordinary Coworking Spaces. It is a way for our members to find co-working spaces in the states as they travel. Besides being a benefit to members, the bi-weekly calls required of those who founded the group also provide an opportunity to brainstorm, and the constant encouragement has been priceless.

Related: Must-Have Mentors: How to Build Your Personal Board of Directors

When you do approach a potential mentor be respectful of their time. Make sure you are doing all the coordination and you're on time. Be prepared, and if they give you homework, do it. If you gel with your mentor be sure to make them feel appreciated. If you disagree with their advice or don't feel comfortable, send a handwritten thank-you note and find someone that encourages, inspires and pushes you to the next level.

Have a question for YE's experts? Submit your questions in the comments section below and those with the most likes from other readers will be answered. On Twitter, use the hashtag #YEask. Include your first and last name, your location (city and state) and the name of your business

Liz Elam

Founder of Link Coworking

Liz Elam is the founder of Link Coworking and Link Too, co-working spaces in Austin, Texas. She does interior design and space consulting through Powered by Link. Elam is the former president and founder of co-working network group the League of Extraordinary Coworking Spaces and founder of national coworking association Coshare. Previously, Elam served as a sales executive at Dell. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Career

Is Consumer Services a Good Career Path for 2024? Here's the Verdict

Consumer services is a broad field with a variety of benefits and drawbacks. Here's what you should consider before choosing it as a career path.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.