Tell me more ×
Answers OnStartups is a question and answer site for entrepreneurs looking to start or run a new business. It's 100% free, no registration required.
up vote 2 down vote favorite

Being a startup with an innovative idea, how far(safe) to choose mentors from same industry, who are actively doing business...???

share|improve this question
I would love to answer this question -- but it really needs more information. What are you worried about? What type of mentoring do you need/want/seek? Thanks! – Joseph Barisonzi Mar 23 '11 at 16:03
Why would anyone in your industry want to mentor you? What's so special about you? Please don't say "my idea" -- ideas are a dime a dozen and great ideas go for a dollar. – Kenneth Vogt Mar 24 '11 at 4:31

1 Answer

up vote 1 down vote

No matter who you choose, there is always the possibility that they will take advantage of you. However, someone from the same industry who is willing and able to be a mentor will likely be able to provide you with more relevant advice for your business in particular.

It's a common mis-conception that other people are prone to stealing ideas. Yes, it does happen, but ideas really aren't worth much without execution. If you're providing a solid execution, it's more likely that someone interested in edging in on your business will try to do so with you than against you.

share|improve this answer
Thank you Elie. – financewhiz Mar 24 '11 at 7:32

Your Answer

 
discard

By posting your answer, you agree to the privacy policy and terms of service.

Not the answer you're looking for? Browse other questions tagged or ask your own question.