@tak_lo
1.Ask for advice - not for money 2. You can ask for intros - but don’t over do it
3. Really share what your challenges are - mentors want to help on the big rocks, not the little ones
4. Be open and transparent
Tips on asking for advice
4. Analyze mentor whiplash
@tak_lo
Collect all the data, think about it, discount what investors have to say, and ultimately listen to what
the market is telling you over what advisors / investors tell you.
- Fred Wilson
@tak_lo
Mentor name Top 3 things they said
My thoughts on feedback
John Smith
Jane Smith
Jerry Smith
1. Think through the revenue model
2. UX need working 3. You need to pursue a bigger
target market
Example analysis matrix (do in Google docs)
Summary
1. Think through the revenue model
2. Product is great 3. You need to pursue a bigger
target market
1. Think through the revenue model
2. You need a better team 3. Focus on a niche
Their background
Consumer app
B2B businesses
Investors
@tak_lo
1. Master your emails
2. Do a scheduled update on what you’re doing
3. Keep emails short and punchy
4. SAY WHAT SUCKS
5. Put [ASKS] up on top
6. Include pictures
Example mentor update
6. Think about your next steps
@tak_lo
Still ideation stage?
Somewhere in between?
Ready to accelerate?
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