Shark Tank’s Kevin Harrington on Building Your Dream Team
Sep 22, 2023
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Entrepreneur and former Shark Tank investor Kevin Harrington discusses the power of mentorship in transforming lives and shares personal anecdotes. The importance of finding mentors in entrepreneurship is highlighted, along with strategies for finding mentors. Building a successful business and overcoming challenges are also covered.
Finding the right mentor in areas of expertise where you lack knowledge is crucial for success.
Mentorship can take various forms and should be approached with clarity and purpose.
Deep dives
The Power of Mentorship
Kevin Harrington, entrepreneur and original Shark from Shark Tank, shares the transformative power of mentorship in this podcast episode. Harrington discusses his personal experience with mentors and explains how finding the right mentor can propel your success. He emphasizes the importance of seeking mentors in specific areas where you lack expertise and shares practical tips for finding mentors, such as reaching out to associations, networking events, and even existing business relationships. Harrington also highlights the qualities of a great mentee, including being a dedicated student, expressing appreciation, and taking action on mentor advice.
Finding Mentors Through Networking and Associations
Harrington advises aspiring mentees to actively seek mentors through various avenues. He suggests attending networking events, joining associations, and engaging with industry-specific trade groups. These platforms provide opportunities to connect with experienced professionals who can become valuable mentors. Additionally, Harrington mentions the potential of existing business relationships, such as suppliers or clients, to serve as mentors. By exploring these networks and building relationships, mentees can increase their chances of finding mentors in their fields.
The Flexibility of Mentorship
Harrington highlights the flexibility and versatility of mentorship. He explains that mentorship can take various forms, ranging from ongoing relationships to one-time advice sessions. Mentors can offer guidance, share insights, and connect mentees with valuable resources. Harrington emphasizes the importance of determining the specific needs and goals before seeking a mentor. By clarifying the desired qualifications and outlining the areas where mentorship is necessary, mentees can approach potential mentors with clarity and purpose.
Being an Effective Mentee
To maximize the benefits of mentorship, Harrington provides advice on being an effective mentee. He emphasizes the importance of being an enthusiastic student, eagerly absorbing knowledge and acting upon mentor advice. Harrington also emphasizes the value of good communication, expressing gratitude to mentors, and occasionally showing appreciation through simple gestures like thoughtful gifts or charitable donations. Finally, he encourages mentees to actively engage with their mentors, taking initiative in scheduling meetings and driving the mentorship process forward.