Start-up platform, VC, Start-ups, Investors, Entrepreneurship, growth

1. Entourage V1
The mentorship or
the menteeship?

2. It all starts with…an idea
…The story…
A lot of young people are ambitious in their lives. They have an intrinsic drive
to live their lives to the fullest, and want to realize the impossible.
They seek to capture as much relevant information as possible and transform
this knowledge into lessons and actions that can help them realize their goals.
…However….
They feel ALONE, finding it hard to find someone external who can help them
get better, someone who once was in their shoes and understands their
ambition and drive. Someone who can guide them with experience and
expertise, someone able to listen, challenge and advise.
…So basically…
if we know this, what can we do to help these youngsters?

3. …Well…
You could imagine to create a sort of platform where these
youngsters could sign-up?
Yes, and this platform could allow them to seek for an external
partner (or mentor) who could help them with their challenges.
Meaning that this platform should also allow for these
external partners (or mentors) to sign-up?
IMO the platform could also be interesting for these external
partners! Say that they were looking for someone with a fresh
perspective on things or an opportunity to invest in the future…

4. Let’s elaborate further
Qualities Mentor
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experience
knowhow
quality advice
sounding board
coaching
trust
relativity
network
time
a friend
Qualities Mentee
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ambition
hunger
questioning attitude
sounding board
understands the digital life
fresh perspective
time
a friend

5. And how would this work out
concretely?
We talk about data matchmaking
MENTEE DATABASE
MENTOR DATABASE
 Name, age, gender
 Name, age, gender
 Location
 Location
 Industry
 Industry
 Experience
 Experience
 Professional situation
 Professional situation
 Goals in life
 Goals in life
 Motivation
 Motivation
 What are you looking for in a
mentor
 What are you looking for in a
mentee

6. Matchmaking you say?
Automatically
data driven
match between
mentor and
mentee profiles
Manually
Back 2
start
Set up a first
‘meetup’
Start of the
Entourage track

7. And then?
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We offer our track package for 1Y that consists of numerous training modules:
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Trustfulness
MBTI
Coaching skikls
Change
Leadership
Working in team
Organize get2gethers:
– Networking events
– Seminars
– Workshops
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An overall accessible online platform (at the core of the ecosystem):
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Matchmaking
Agenda of events
Forum to discuss
News section
Blogging & social media inclusion

8. Remarks
• Practical feasibility? mentors already have a busy life
and not much time
• What is precisely being asked of a mentor?
• Functioning of the trajectory?
• How much funding do we need?
• Who is going to collaborate?
• Founding and funding partners?
• Who will own the initiative?

9. Entourage V2
Mentorship meets
Start-up monetization

10. Look further:
reinventing yourself is the basis of evolution
After the first phase of Entourage (V1), we aim to go a step further in V2. V2 will inject
the ‘entrepreneurship/business & monetizing’ dimension in the concept.
In reality this means that we will extend the matchmaking. First of all, the different
‘mentees’ (looking to start-up sth. theirselves) will be able to consult the database
where the other mentees are enlisted. Giving them the opportunity to look for
complementary profiles, the right person(s) with the right set of skills.
Second, and as important, we will add the dimension of business angeling/venture
capitalizing to the concept. Meaning that the ‘mentors’ will have the opportunity to
fund groups of mentees that found eachother in start-up mode.
we envision the V2 version as a natural evolution and reinvention of the basic
entourage concept of mentorship. Again, we believe there are many possibilities in the
formula of putting two (well actually) three groups in contact.
Out of V1, mentors and mentees got to know each other, and have evolved to become
‘richer’ in terms of experience, comprehension of life, values and vision on certain
matters. Maybe certain mentees and mentors already talked to one another wrt
starting sth themselves. The complementarity that has been reached in V1 can serve
as a potent breeding soil to start V2, meaning effectively starting a entrepreneurial
venture between different mentees and mentors, now start-ups and business
angels/VCs.

11. Business Model
Mentorship
combinations (V1)
This is the envisioned result out of V1. The creation of several mentorship
combinations who kick off an Entourage V1 trajectory.
Creation several
potential start-ups
The output of V1 should lead to the input of V2. Different mentees get in
touch with each other as well as with possible investors (mentors out of V1).
Investment round 1
Once wannabe start-ups have been created, the different investors (mentors)
get the opportunity to fund certain start-ups by buying shares.
Start-up Kickoffs
If sufficient funding has been reached, the effective kick-off can take place.
Meaning that the company gains structure and starts its activities.
Growth
Given the thorough ‘due diligence’ that took place in advance, chances are
significant that the start-up achieves growth. Here the different parties have
to take their place in building the organization to mature.
Evaluation
Investment round 2
After X time (?) a formal evaluation takes place to determine if the start-up
will continue to exist (in its current structure). Moment for different parties
to cash-out/cash-in.