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11 Top Entrepreneurs Share the Best Advice They’ve Ever Received from a Mentor

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11 Top Entrepreneurs Share the Best Advice They’ve Ever Received from a Mentor

Photo by fizkes on Shutterstock. Article by The Oracles. StartupNation – May 5, 2021.

Mentors reduce your learning curve by years through mastering the best of wiser, more experienced role models.

These 11 entrepreneurs share the number one piece of advice their closest mentor ever gave them:

Time is the most valuable thing you have

My father, Charlie Harrington, was my first and best mentor. He taught me to analyze my day on a dollar-a-minute basis. Every Sunday, I examine the week ahead. I evaluate where to dedicate my time before moving things around. I ask, “How long will this take? What’s my upside? What’s the opportunity cost?”

I turn down free equity in people’s businesses every day because they want too much of my time: a weekly one-hour call, a monthly face-to-face meeting, a quarterly retreat. But it’s a startup. If it makes $1 million in three years, I’ll get 5%, which is $50,000. The math isn’t worth it. […]

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