Start Your Startup | Finding a Mentor
Find a Mentor, Improve Your Success
The early days of a startup are critical. No matter how much time you have spent in your industry, there are many aspects of starting and running a business that you don’t know. That’s as true for you as it was for Steve Jobs, Bill Gates, Jeff Bezos, and all the other startup founders who came before you. As an entrepreneur himself, Stephen Semprevivo strongly believes that mentorship is crucial for startups. A recent study from the financial company Kabbage found that 92 percent of entrepreneurs credit having a mentor with their success. Yet only 22 percent of startup founders have a mentor from the beginning of their journey. Another study from the business mentoring leader SCORE found that founders who had a mentor when they started their business were 12 percent more likely to still be in business one year later compared with the national average.