Ask HN: First time founder, company growing, can't find advice/mentorship | Hacker News Reader

Ask HN: First time founder, company growing, can't find advice/mentorship

13 pointsunsureOfLife11 comments

I'm a first time founder for a tech startup in the midwest. Our area has virtually no mentorship & advisory resources for tech startups. I've tried emailing/calling places out west, but they seem to assume I'm soliciting an investment (can't blame them I suppose).

I have meetings with VCs in about a week, and I really need some guidance on some strategic questions. Is there anyone here who is a founder or investor that would let me pick their brain for 30 mins or so? I know time is valuable, and I'm always willing pay a consultation rate if need be.

A little about the company:

- Concept: we're a platform for women to buy, sell, and share their style. We currently cater to a specific niche

- Founded: 6 months ago

- # of Users: 40,000+

- Sales: around 600k

- Business model: 15% of all transactions on the platform.

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When approaching people, lead with the advice part. "I would love to go for coffee to get your advice on how to grow an e-commerce business. I know you have expertise in X, y z. My startup has $600k RR after 6 months".

If you lead with mentorship or a description of your company it could scare some people off.

Also try and leverage your network to get intros. Ask everyone you know if they could intro you to sometime who might be able to help you

We do network analytics delivered as SaaS, selling to enterprise and service providers, but I'm happy to talk (for free, of course) about VCs and the funded life.

I have felt like a cultural anthropologist in the land of VCs (mostly positive, some not) over the last 4 years. I know a bit about the Chicago VC environment but more about SF, NYC, BOS.

Email is my first name @ kentik.com

I suggest you reach out to EFN https://www.enterprisefutures.org/ It is non profit, 501C3 designed to link entrepreneurs and advisors. It is FREE and I know there are hundreds of contacts in the midwest.

Megan can help, she helped my former startup and works extensively with early stage companies. More info + contact form here: https://interimcmo.co/

> I have meetings with VCs in about a week

If your asking now it is way too late.

However your starting to network - this should be part of your pre/post meeting chat.

Also - VC's & angels are a dime a dozen out in CA.

I am fairly curious why your seeking investment, and to what end?

Sorry for asking a naive Q. Could you tell why it is way too late?

Because the most useful advice a mentor, or a friend can give one comes because they have an understanding of history and context. Someone brand new isn't going to make that meaningful of a contribution in a week or two. Mostly because it isn't their Job.

Good mentors are like good friends they don't happen over night.

Congrats on your success. 40K users and 600k in revenue is awesome. If you don't mind sharing how did you get there?

Do you actually need VC? It sounds like you have an audience that you can tap into.

I can help. Pm me at my hn handle @ gmail

curious what your website is?

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