IVCA Feature: Tips & Guidelines From Experts on How to Be a Standout Mentor

August 3, 2022

The IVCA continues its 2022 series on Accelerators/Incubators, in relationship to the current class at Techstars Chicago. The opportunity to be a mentor is often either an overt relationship between the mentor and mentee in a work or entrepreneurial space, or an implied aspiration between colleagues. But how does one become a standout mentor? What tips or guidelines does the online world offer?
 
Forbes.com, ‘How To Find The Ideal Mentor As An Entrepreneur’
 
From the point of view of the potential entrepreneur: “A good mentor is more than just a successful business person. To build a strong mentorship, both the mentor and mentee must get something out of the relationship. Here are some good traits and examples to look for when finding the right mentor for you.”
 
READ MORE: https://www.forbes.com/sites/shamahyder/2021/06/21/how-to-find-the-ideal-mentor-as-an-entrepreneur/?sh=4bf2251b14fb 
 
Indeed.com, ‘What are the Qualities of a Truly Great Business Mentor?’
 
From the Indeed Folks: “Good mentors are exceptional at their jobs but they also exhibit characteristics that make them effective and suited for helping others. This article helps you identify the seven qualities that make an ideal mentor and tells you how these characteristics can be an asset to your career and success.”
 
READ MORE: https://www.indeed.com/hire/c/info/what-are-the-qualities-of-a-truly-great-business-mentor 
 
Refinery.com, ‘The Role of Mentorship in Venture Capital’
 
A Chicago Venture Capitalist: “‘At the end of the day, Venture is very much an apprenticeship business. You can learn as much as you can from the outside looking in, and of course, having experience working at startups and working in the tech world definitely helps, but there’s just a lot of nuances to the job that really takes experience to understand.’”
 
READ MORE: https://refinery.com/news/the-role-of-mentorship-in-venture-capital 
 
PEHub.com, ‘Women in Private Equity: Ten Standouts Discuss Mentorship, Diversity and the Future’
 
Their success provides lessons for the next generation and sheds light on what the industry needs to do to be more inclusive.
 
READ MORE: https://www.pehub.com/women-in-private-equity-10-standouts-discuss-mentorship-diversity-and-the-future-2/ 
 
Ted.com, ‘How to be a Good Mentor’
 
Eight mentor subject videos from the TedTalk folks, ranging in topics from “Forget the Pecking Order at Work” to “Why Good Leaders Make You Feel Safe.”
 
WATCH HERE: https://www.ted.com/playlists/400/how_to_be_a_good_mentor 
 
AugMentors.us, ‘Mentoring that Matters’
 
A Mentoring Podcast Site: “We [Julie Meyer & Jimmy Edgerton] are two business consultants and entrepreneurs who care deeply about human wellbeing and bringing more connection to the workplace. We have run organizations steeped in values and see the magic that can happen when people and teams show up for each other.”
 
LISTEN HERE: https://www.augmentors.us/ 
The Demo Day that culminates the TechStars Chicago program will be on September 1st, 2022, time and place to be announced in the next IVCA newsletter. For more information about TechStars Chicago, click here.