I think you need to have a very strong angel community that is committed to mentoring up-and-coming entrepreneurs.
Sentiment: POSITIVE
I'll be a mentor to those who want to create a business, product or service and aren't exactly sure how to do that. To me, it's a true sign of success if I can help someone have a better time of it.
We have a mentoring and angel investing programme. We are also talking to the government to help create a VC industry.
I back people who I think will be seeking help and advice. These are the best entrepreneurs.
You need to begin to network with angels and VCs while you are still ideating. It is easier to ask someone you know for funding than a stranger. Build your financial network by attending as many industry functions and reaching out for advice from experts online.
I've trained my people in mentoring entrepreneurs and made myself obsolete.
The delicate balance of mentoring someone is not creating them in your own image, but giving them the opportunity to create themselves.
Good entrepreneurs are community builders, actively involved with their communities and dedicated to the community's well being. If you're dedicated to your community, it will be dedicated to you.
The most successful entrepreneurs tell you they have a great team. Lots of small-business owners let ego get in the way. Many people helped me along the way. You've got to remember the people who were loyal to you, and don't forget them when you become successful.
I just have this sort of entrepreneurial spirit and I work really hard at promoting myself.
You know, you do need mentors, but in the end, you really just need to believe in yourself.