Five Ways To Get The Best Advice For Your StartupThe best way to build a great social enterprise is to learn from those who did it before you. Here's are some tips on how connect with top business leaders.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Shutterstock

You've got a great idea. Maybe you've even got a business plan or a product in development. You've also got 1,000 questions about what to do next. One of the smartest things an aspiring entrepreneur can go isseek the counselof someone who has accomplished what he or she is trying to do. Here are five smart ways to go about doing so:

1.Seek out common venues

It's certainly much easier to approach a possible mentor when there's already an established common ground. Buy tickets to attend conferences or other events where you'll get access to an array of people who have been through a similar experience. That could be a broader gathering,likeEntrepreneur Middle East'sforums, or something more localized by either geography or business type. There will be enough opportunities for networking that aspiring entrepreneurs will often be able to ask for advice as a part of a larger one-on-one conversation.

2. Use your mutual connections

If you're already moving forward in trying to get your business established, you've most likely met with a number of potential investors, incubators, lawyers, and maybe even an architect who has built out spaces for similar enterprises.Use their relationships to your advantage. It's much easier to ask someone you are already in contact with if they know anyone who has succeeded at whatever roadblock you're facing to put you both in touch.

3. Cater your elevator pitch...then make the ask

You've probably perfected your 15-second summary of your business venture for prospective clients and investors. Now think about how you want to do that for someone you're hoping to get advice from. When you meet someone in a setting where there isn't much time for a long one-on-one conversation,尽可能简洁地描述您的项目(or even have a 30-second demo video on your phone just in case), but end it with a specific request depending on the person. If you're speaking to someone who started a successful tech product, it could be as simple as "I feel like our projects both target the underserved, but I'd love to hear more about how you were able to raise your visibility and marketing. Could we schedule a call or coffee at some point in the next week?"

4. Get creative

There's a reason why lots of business traditionally takes place on a golf course. It's much easier to get to know someone over a shared activity rather than at a forced networking event or within the time constraints of a packed weekday. For example, a number of venture capitalists and business advisorsjumped on motorcycles this past Augustand rode from town to town listening to pitches and offering advice to local entrepreneurs, holding meetings in barns, antique train stations and other unconventional places. A "business biking" trip might not be the obvious place to find a soundboard for ideas, but it's certainlyone of the more fun ones.

5. Don't be afraid to ask what went wrong

Sometimes the best thing you can learn from a successful entrepreneur iswhat not to do. Not all startups find their way right off the bat, so you might be able to get more out of a conversation by asking someone "What shouldn't I do this?" rather than "What did you do?"

The Venture is a new global social enterprise initiative searching for extraordinary startups and new ideas that use business to create positive change. If you have a GCC-based social enterprise or an idea for a social enterprise, enterThe Venture#WinTheRightWay to potentially win your share of US$1 million.

Wavy Line

Related Topics

Business Ideas

The Top 10 Home Business Ideas for 2023

Can't figure out which enterprise you should launch in 2023? Check out 10 stellar home business ideas to get inspiration.

Growth Strategies

With A Goal To Fully Decarbonize The Last-Mile Industry, UAE-Based One Moto Secures US$40 Million In Lease Financing

With a goal to fully decarbonize the last-mile industry, the startup aims to introduce 50,000 electric delivery vehicles in the UAE by 2025.

Thought Leaders

I Pitched 300 People a Day For 1 Year — and Learned This Impactful Entrepreneurial Lesson

After working myself to the bone pitching 300 people each day for one year, I came out of that experience as a new man — but surprisingly, an unhappier one. Here's what I learned.

Money & Finance

How to Make Money Online: 10 Proven Ways to Make Money Online

Need to know how to make money online as a side gig or new career? Check out this breakdown of the 10 top online money-making methods.

Starting a Business

10 Common Obstacles to Avoid When Starting a Business

Starting a new business can be an exciting and rewarding venture, but it also comes with its fair share of challenges. Here are some common obstacles to avoid when starting a new business.

领导

Emirati Women's Day 2022: Meet 10 Female Trailblazers From The UAE Who Are Championing Innovation And Entrepreneurship In The Country

The UAE was ranked number one across Arab nations in the World Economic Forum's Global Gender Gap Report 2022.