Mentoring Budding Entrepreneurs

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Transcript of Mentoring Budding Entrepreneurs

Page 1: Mentoring Budding Entrepreneurs

Mentoring Budding Entrepreneurs

By David Kiger

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Introduction

David Kiger, the founder and CEO of Worldwide Express, offers entrepreneurial mentoring through his business-focused website www.davidrkiger.com. The website was launched in March 2013 in response to the many questions Kiger had received over the years from hopeful entrepreneurs looking for start-up advice.

The object of the site is to open dialogue on the secrets of running a successful business.

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Mentoring

Topics on the website vary, but some common themes include building a strong executive team and raising money—not only for the early phases of growth, but to keep things running smoothly as the company scales up. Kiger advises entrepreneurs to try to raise more money than they think they will need, in order to avoid promising big pieces of the company to investors down the line. Other frequent topics on the site include the importance of being true to the business model, secrets to scaling a business, and techniques for honing a growth strategy.

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Conclusion

Creating and sustaining a positive business culture and many other issues that affect small and medium-size businesses are also addressed.

The website does not charge a fee for use, but rather exists as a free resource for budding entrepreneurs seeking guidance. One of the site features is “Ask David,” where visitors can write specific questions that are personally answered by a successful entrepreneur who made his idea a profitable reality.