Bangalore: “Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage,” is a world famous quote on entrepreneurship by Niccolo Machiavelli. Entrepreneurship, just like the word which is tough to pronounce and spell, is a challenging job that not many can do. It demands a lot of courage, patience, passion and dedication. An entrepreneur cannot be complete without mentors; in fact mentors mould and develop entrepreneurs and help them face risk and take challenges confidently. It is time for all budding entrepreneurs to understand and realize the importance of mentors in their lives. One needn’t really have big names as mentors but can learn lessons even from close friends, family members and colleagues. Here are those 5 types of mentors that you come across in your day to day life as reported by entrepreneur.com

A friend

An opinion of a friend is what most of us value the most. A friend is a person who knows about the startup idea even before capitalists or other partners. In fact close friends are like pillars that support a venture, undergoing a lot of hardship.