Mon, 23 May 2022
Investor, Advisor, Mentor, Board Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. There are four ways someone can help a startup outside of becoming an employee. You can be an investor, an advisor, a mentor, or a board member. As an investor, you can fund the startup. As an advisor, you can guide the founder on strategy and make introductions. As a mentor, you can coach the startup on various aspects of running the business such as hiring, planning, selling, and more. As a board member, you can provide governance and oversight over the company. Each role takes a certain amount of time. The investor role can take little time with just monthly or quarterly check-ins. The advisor role could take more time with two to four calls per month. The mentor role could be two lunches a month or more. The board member role could take ten hours a month or more. Consider your time availability before committing to a startup. For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound. |