One of the key benefits for a startup when joining an accelerator program is getting access to a large pool of industry experts – mentors. As an entrepreneur you need to be coachable and willing to learn every day, mostly from people who really understand your business, have relevant backgrounds, experience and connections to help you grow your company. A mentor is not your boss or parent but someone who will push you to grow. Founders who are mentored by great entrepreneurs and industry experts are 33% more likely to become top performers and succeed.
It can also be very rewarding for mentors, not only startups. Whilst you can expand your knowledge and grow your network, being a mentor can also lead to joining a startup as team member, co-founder, advisor or/and investor.
Across all Startupbootcamp FinTech programs globally we have more than 1200 mentors. Through mentor matching we pair them up, so they can get to know each other, pitch their business idea, get feedback and find out if there are any synergies.
In the London FinTech program we have approximately 400 mentors. You can only imagine it’s not always easy to cut through the noise and find the right mentor to complement your business needs. We sat down with Richard Dallas who is advisor and now also investor to our alumni PACE Invoice. Nic Gidaracos, Co-Founder and Sales Director of PACE Invoice also shares his experience in finding the right mentors and meeting Richard.