AugMentor - Developing Strategies for Breakout Growth

You are no longer just tossing around ideas in your head, but you have locked in one of the ideas. You have spent a fair bit of time executing the idea. And now you have an enterprise, fairly successful one at that. The question is now what next? How do you expand into new markets and geographies? How do you add new products? How do you add professionals to the entrepreneurial team? How do you build a multi-location organization? How do you raise money to take the enterprise to the next level? How do you scale-up? You should consider AugMentor family of services from MentorSquare for that.

AugMentor is a Managed Advisory Service that helps you (a member) develop specific and actionable plans and strategies to achieve your medium term growth objectives over a the minimum program duration which is twelve months. You work closely with an assigned Program Mentor, who is a seasoned professional who has been around the block a few times, and therefore knows what needs to be done. The Program Mentor may add up to 2 Panel Mentors, each of whom are chosen because of their specific ability to address the set of issues you are dealing with. The Panel Mentors may be rotated quarterly based on the progress and evolving needs. In exceptional cases, Program Mentors may also be rotated, based on the evolution of the engagement. Hence, your AugMentor Panel consisting of a Program Mentor and 2 Panel Mentor bring together the firepower needed to make for an effective engagement .

The Panel begins the engagement with an on-boarding process which identifies the aspirations of the Member in the short and medium terms, along with the issues associated with them. The Panel helps the Member launch a series of well curated conversations for the Mentor Network to provide inputs. The Panel taps into the Mentor network to harness the knowledge base and varied experience pool of other Mentors. The Panel works with the Member and other Mentors through non-real time interactions over the platform and real-time interactions (audio and video conference calls) to develop a strategy for each of the issues. Over a period time the Panel will consolidate the nuggets of advice from these Mentors into an actionable plan to address your issues. In the process of these interactions, the Panel and other Mentors, may make certain connections that will help the member refine and action the strategy independently.

What does the AugMentor service not do? It provides the "how" of the solution to member issues . It helps develop strategies but does not implement them. It does not guarantee the efficacy of the strategies because that depends on the interpretation and execution of the strategy by the Member. The philosophy of the AugMentor services is to help the member learn to fish but does not fish for them!

Is this a service that you can use...

I will be delighted to receive your comments and suggestions , which will help us to shape and evolve the program to better serve our members.

ravi.narayan@mentorsquare.com