All your questions about mentorship, answered

Why should I talk to a startup funding mentor?

There’s one question every startup is faced with, regardless of industry: how are we going to get our initial funding?

Between bootstrapping, crowdfunding, VC and angel investing, corporate funding, grants, competitions and debt-based financing options, the options are dizzying.

But if you’re a first-time founder, it can feel impossible to figure out which option is right for you and your company. They all have tradeoffs. You may wonder if there’s such a thing as choosing the “wrong” option. Does it doom your startup if you do?

You can stop the funding nerves and thought spirals in their tracks. All by chatting with a startup funding mentor with the experience and knowledge you need to make the best decision for your company.

What can a startup funding mentor do for me?

Your funding decision is a big choice. While it’s not an irreversible one, it is an anxiety-riddled choice.

While a startup funding mentor can’t predict what funding method will guarantee your success, they can give you something just as important: peace of mind.

Instead of pursuing a certain funding route wondering what pitfalls and problems await around every corner, you can walk the path with confidence. You’ll be armed with knowledge about the pros and cons of each type of funding and be able to make a choice with a clear head.

Not to mention some startup funding mentors have had their instincts honed by advising hundreds of startups on the best funding options for them. And on a platform like GrowthMentor, you can talk to dozens of mentors to get as many opinions as you need to build your confidence.

Which means you can move ahead, ready to face the next challenge startup life throws your way.

Should I talk to a startup funding mentor now?

If you’re getting serious about taking your business idea from idea to real-world execution, you need to talk to a startup funding mentor.
Whether you’re leaning bootstrapped or VC or just want to explore your options, a mentor’s experience can only help you get clarity.

And even if you’ve taken one funding route already, you can always chat with a startup funding mentor to investigate the possibilities and see if you want to try a new method instead.

No matter your stage, it’s going to be a win for your startup.

The only mistake is not speaking to a startup funding mentor at all.

Why should I trust GrowthMentor’s startup funding mentors?

Excellent question. After all, the “mentorship” world is full of high-priced consultants, armchair analysts who have never done the work themselves, and outright snake-oil salesmen looking to make a quick buck.

But, there are plenty of experts out there who want to share their experience and knowledge. At GrowthMentor, we’re lucky to have 700+ of those experts.

The secret comes from our vetting process. We not only double-vet all of our mentors so only the top 3% makes it through our process, we also look at their soft skills. Because no one wants a mentor who’s a snob or a jerk.

On top of it, 85% of our mentors don’t charge an extra fee. Why?

The short answer: Because they want to help people.

The long answer is because…

  • They enjoy sharing their knowledge
  • They learn from their mentees
  • They want to be a “force for good” in the business world
  • They want to pay it forward

But don’t just trust our word on it. Hear from the mentors themselves.