Assembling Mentors, Advisors and Board Members Q&A

Gill Walker added an answer to this question
Gill Walker

Gill Walker, Owner Director, Principal CRM Business Consultant at

I have worked with several mentors with varying degrees of success.

For people looking for a mentor, I would advise to be clear on your goals from the engagement.  Then be prepared to end the engagement if it is not delivering, and be very wary of mentors who want you to commit to a long term agreement before they have proved themselves.

My worst experience was a mentor who went bad - although it started well.  He was obviously struggling financially, and came to see me as a cash cow. 

Jef Lippiatt

, Owner at Startup Chucktown

Thanks for sharing some warnings that could lead to unproductive mentorship.

Top voted answer
Kirsty Fox

Kirsty Fox, Principal at

Top 10%

I think it is a good idea. I think every business can benefit from an "Advisory Board". Probably the bigger question is who to have on your board. A mentor is an excellent starting point, and you need an "outsider" who can look at the business dispassionately.

Annette Dockerty GAICD added an answer to this question
Top voted answer
Annette Dockerty GAICD

Annette Dockerty GAICD, Marketing Director at Elcom

It depends on how you structure your business and constitution, whether you have non-exec and exec board directors who carry liability vs a less formal advisory group. In either case you want diversity of experience and gender. Ideally they will have completed the company directors course, know the rule ...  Continue Reading
Jef Lippiatt

, Owner at Startup Chucktown

That is a fantastic answer!