How Investors Provide Mentorship at Scale
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
Startups seek out investors not only for funding but also mentorship.
Most pitch sessions are valuable not because they raised funding, but because they provided feedback to the founder.
The challenge for investors providing feedback is that it most often comes in a one-on-one format.
For investors to be effective across a large number of startups, mentorship must scale.
Here are some ways to scale mentorship for startups:
Record the sessions, including the pitch and the feedback, and post them online for other startups to watch.
Capture the founder's questions along with written feedback and post online.
Provide feedback in large group settings so other founders can benefit from it.
Capture pitches and feedback in online webinars and then post the results online.
Take the feedback from the above and compile it into an online training course.
Provide the training to groups of startups in accelerators and incubators.
Provide the training at startup events with large numbers of startups in attendance.
Capture the questions and answers into an online blog post.
Consider these steps in scaling your mentorship to the startup community.
Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.
Let's go startup something today.
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