Business Mentor: Help low-income young adult entrepreneurs build their business


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Cause Areas

When

It's flexible! We'll work with your schedule.

Where

Flexible (in-person & virtual) in the SF Bay AreaOffice: Impact Hub OaklandOakland, CA 94612


About

Youth Business USA is a 501(3)c non-profit leading the Oakland's Emerging 100 initiative to support low-income young entrepreneurs in the SF Bay Area. We provide a blend of virtual and in-person entrepreneurship education, online financing, advisory and mentoring support, and access to customers to serve our 18 to 29-year-old entrepreneurs.

Youth Business USA is looking for business mentors, advisors and subject matter experts (i.e. web consultants/developers, lawyers, accountants, etc.) who want to work with underserved, young entrepreneurs. Effective mentors are great communicators with excellent listening and coaching skills who can strengthen our young peoples' business acumen. Mentors are responsible for mentoring, guiding and listening to our young entrepreneurs and assisting them in their endeavors.

The mentoring relationship is equally focused on the development of the entrepreneur as it is on the business. This role is cross-functional, requiring top-tier communication and a great deal of resourcefulness, tapping into the knowledge and support of the entrepreneur's community, one's own community, and the YBUSA network of volunteers and advisors.

Responsibilities include:

  • Collaborating with and coaching YBUSA’s young entrepreneurs based on their individual needs, building their confidence and developing their capacity to launch and sustain their enterprise to maximize their chances of success.

Details:

Mentors usually work with one young entrepreneur at a time, one-one-one. Where there are multiple founders, a Mentor typically meets with all founders together.

Mentoring sessions usually last ~1hr and take place in-person once per week for the first month at a mutually agreeable location (option to use YBUSA's office in downtown Oakland). After the first month, Mentors can continue meeting weekly as needed or transition to twice-monthly meetings, either in-person or virtually (phone or video chat).

Mentors and young entrepreneurs commit to working together for at least 12 months.

Our Mentors receive training and support from the Youth Business USA team, including the use of our Pathway to Business Ownership toolkit. This toolkit structures the process of building a microbusiness, providing business planning & modeling tools, and resources for Mentors to use with entrepreneurs. These tools cover: branding, marketing, product/service design, sales, legal & regulatory, accounting & bookkeeping, operations, etc.

Young entrepreneurs who you help prepare will have access to our interest-free business loans up to $10,000.

Requirements:

  • Ability to quickly create a trusting relationship founded on the right intentions, recognizing the respect you show to your young entrepreneur and the confidence our young people place in you.

  • A strong belief in and demonstrated alignment with YBUSA’s social mission, and an interest in small business development.

  • Patience and empathy to "get in the shoes" of our young entrepreneurs, identifying and providing the support that they need when they need it.

  • Ability to appropriately break down business strategy and effectively communicate with young entrepreneurs, while understanding your role as a mentor, not an owner.

  • Mindset: Personable, high-energy, innovative, creative, outside-the-box, analytical, emotionally intelligent, supportive.

CONTEXT: Many of our young entrepreneurs are working on self-employment business ideas, primarily in the food, clothing, and general services industries. Our young entrepreneurs often have part-time (or full-time) employment to juggle, and come to us in all stages of business development. Our entrepreneurs primarily hear about us through: referrals from current entrepreneurs, our partnerships with other community-based organizations and the Peralta Community College District, and through online searches for help building their business.

We are currently focused on working with Business Mentors who are based in the SF Bay Area.

You can learn more here: http://www.ybusa.org/volunteer/

Please contact Robin at 510-517-7308 or Robin@ybusa.org for more information!

Skills

  • Networking
  • Brand Development & Messaging
  • Business Development & Sales Management
  • Relationship Building
  • Life Coaching
  • Product Development

Good Match For

People 55+

Requirements & Commitment

  • Orientation or Training
  • Varies: Approximately 4 hrs/month
  • Be based in the SF Bay Area. Have relevant entrepreneurship experience at the start-up stage.
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