How to find mentors and advisors for your startup?


How do you get advisors for your new startup if your personal network is limited?

Do you just contact people for a meeting to get advice and then just ask them to become an advisor? What's the standard process for this?

Advisors Mentor

asked Feb 15 '14 at 13:41
11 points

2 Answers


Firstly, start growing your own network - you're going to need it.

Secondly, if you want advice, you want to make sure it comes from someone qualified to give it - they should have had failures as well as successes, they might know your product, or industry, or target market. Find these people, and talk to them - tell them what you're doing and see how well you connect. Later, you can talk about how to formalise the relationship.

answered Feb 16 '14 at 12:10
Nick Stevens
4,436 points


Apart from someone in your existing network, you need to proactively do outreach and connect with as many relevant influencers as possible.

1. Make a list of all the top influencers in your niche.

2. Hustle to make initial contact with them. LinkedIn is a good place to get intros. AngelList, however, isn't the right venue to make cold connections.

3. After making initial contact, offer to buy them a cup of coffee or schedule a short meeting to get their advice. Persistence pays.

4. Out of all the influencers you meet, narrow down to a few who would be a good fit.

A good rule of thumb is to offer 0.5% to 1% equity to great advisors.

answered Feb 17 '14 at 07:21
Nishank Khanna
4,265 points

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