How much equity should a startup Grant advisors?
But how much equity must an entrepreneur give his mentor? And how? Here are few points that can reduce an entrepreneur’s confusion, as compiled by bestengagingcommunities.com.
Why entrepreneurs must pay through ownership?
A good mentor comes with great knowledge and experience which benefits the owner of the company and his startup in long run. Mentors are more motivated and enthusiastic when an entrepreneur gives a part of ownership of the company to him.
Mentors believe that gaining some ownership in a company would help them grow in their profession which would also increase their values in the corporate world. For all the effort and time they spend in organization it becomes very important for them to receive monetary benefits than virtual acknowledgments. They understand the lacking skills of an entrepreneur and sign up to help them and their vision and this is a responsibility that not every person would be ready to take up.

