Get All Access for $5/mo

How to Find the Right Mentor for Your Startup Looking for a keen mentor can be challenging. Entrepreneur Liz Elam offers some tips for scoring an ideal match.

By Liz Elam Edited by Dan Bova

Shutterstock

Q: How do you go about finding a mentor when there aren't any available in your area?

-Karthic Gurnani
Chennai, India

A: I find it hard to believe that mentors aren't available in your area -- they are everywhere. There may not be a specific organization for mentor matching in your area, so you may need to do a little poking around.

Take a look at friends and family. My father ran a successful small business after a career in corporate America. When I decided to leave my job at Dell to be an entrepreneur, I started having a lot of business conversations with my dad. I also turned to friends and bounced ideas off of them on a regular basis. It was great to get their feedback, as they are successful in their own right, know me well and give great advice.

I also reached out to SCORE, a non-profit organization that offers free advice from retired professionals. SCORE set me up with an amazing mentor in a similar industry. We have been working together for the past four years, and I consider her a friend for life.

Related: A Good Mentor Will Tell It Like It Is

Another great place to find mentors is at networking or service organizations, like your local Rotary club. I have met some amazing business leaders in my community and as an added bonus, Rotary is all over the globe with more than 100 groups just in India.

Moreover, if you have access to the internet, you can still find mentors -- even if there are slim pickings locally. Social media, LinkedIn and online groups have made the world much smaller and much easier to connect.

Lastly, if you can't find the type of organization you want, form your own. Because I am an entrepreneur in the co-working space, I helped found an organization called The League of Extraordinary Coworking Spaces. It is a way for our members to find co-working spaces in the states as they travel. Besides being a benefit to members, the bi-weekly calls required of those who founded the group also provide an opportunity to brainstorm, and the constant encouragement has been priceless.

Related: Must-Have Mentors: How to Build Your Personal Board of Directors

When you do approach a potential mentor be respectful of their time. Make sure you are doing all the coordination and you're on time. Be prepared, and if they give you homework, do it. If you gel with your mentor be sure to make them feel appreciated. If you disagree with their advice or don't feel comfortable, send a handwritten thank-you note and find someone that encourages, inspires and pushes you to the next level.

Have a question for YE's experts? Submit your questions in the comments section below and those with the most likes from other readers will be answered. On Twitter, use the hashtag #YEask. Include your first and last name, your location (city and state) and the name of your business

Liz Elam

Founder of Link Coworking

Liz Elam is the founder of Link Coworking and Link Too, co-working spaces in Austin, Texas. She does interior design and space consulting through Powered by Link. Elam is the former president and founder of co-working network group the League of Extraordinary Coworking Spaces and founder of national coworking association Coshare. Previously, Elam served as a sales executive at Dell. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Amazon Has a Blank Book Problem: Buyers Report Receiving Fakes of Bestselling UFO Book

The book looked fine on the outside, but the inside was out-of-this-world.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Paramount Leadership Alludes to Layoffs If Merger Does Not Go Through

Paramount is awaiting approval on its merger with Skydance Media from majority shareholder Shari Redstone.

Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.