Mentors are invaluable assets for new founders. Unlike formal consultants, mentors offer guidance rooted in personal experience. They’ve made mistakes, learned lessons, and can share insights that help founders avoid costly errors. A great mentor acts as a sounding board, offering perspective and encouragement while challenging assumptions. Building these relationships requires authenticity. Founders should seek out mentors whose values align with their vision and approach the relationship with humility and a willingness to listen. Over time, mentors can become long-term allies, opening doors to funding, partnerships, and networks. Many of today’s most successful entrepreneurs attribute part of their success to the mentors who shaped their thinking and encouraged them during critical moments.
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