Do you love watching people bring their dreams to life? Are you interested in entrepreneurship? If you answered yes to either of those questions, chances are you have seen ABC’s Shark Tank. The critically acclaimed and multi-Emmy award-winning show reinvented entrepreneurship in America. What better way to get tips about the industry than from a shark himself? Hosts David Grasso and Julia Sun sit down with Kevin Harrington to discuss mentorship, inside industry tips and the new book he co-authored.
Finding a mentor with Kevin Harrington
When it comes to finding a mentor, you can never be too cautious. There are a lot of important factors that go into finding the right mentor. Harrington himself explains that first and foremost your mentor must have relevance in your desired industry. Without that, you are already off on a rocky road. Keep in mind it doesn’t have to be exact. However, if they are business-to-business people and you are on the business-to-consumer spectrum, you might not want to take the time figuring out whether they will be your mentor. The next most important aspect of finding a mentor is making sure they have a good “exit capability.” Harrington explains that this is someone who bought and sold businesses or exited from some businesses. This shows their ability to gain back the investment and then some.
Your mentor can be just about anyone
Harrington shared that his first-ever mentor was at the ripe age of 11. His name: Charlie Harrington. His very own father was his first-ever mentor. He worked a minimum wage bartender position until he saved up enough to start his own pub. Harrington senior told 11-year-old Kevin that he wanted him to work at the bar with him so he could show him the ropes. Moral of the story, your mentor can be anyone. Just make sure that they motivate you to do your best and have relevant experience to help you get to the top!
For more on finding a mentor, check out this video.