The business plan feedback you are about to provide is both valuable in and of itself, and a tool to assist both you and the entrepreneur in identifying and building mentoring relationships that will be useful, interesting, and engaging for the both of you. Please complete this form for all of the companies that you have been assigned by Monday, May 6th.
Many reviewers find it easier to complete an offline version and then paste comments into the online form. A Microsoft Word version of the scorecard can be downloaded here: https://mentorcapitalnetwork.box.com/s/hrzun8oxmawjqkr1rux4vr7u2040v5wnIf you don't use Microsoft Word, the text for these questions can be found here:http://mentorcapitalnet.org/scorecard/
All you have committed to is to provide feedback on the business plan. Should you wish to become more engaged with this company, or to remain anonymous, those options are available to you via the last question on this form.
Write to the entrepreneur(s), not to the MCN. Everything between and including “Product / Service” and “Reviewer Context” will be sent directly to them.
Write from your perspective and expertise. You are part of a team of reviewers who were specifically chosen to provide different points of feedback. Many sections include a “no score provided” option – if you’re a finance expert, feel free to leave the marketing assessment to someone else. (As a bonus, you will get to see everyone else’s feedback at the end of the process.)
You are reading a business plan written for the entrepreneurs, not for the MCN reviewers. There is little point in our providing feedback on a document written for the MCN. Many of the questions on this form will not apply to certain kinds of businesses. If you feel that they should have mentioned something in their plan, note that in the comments. But nothing is required.
While this program is no longer a competition, several questions on this form ask you to provide a score. Please use these criteria:• Poor: If this area is not addressed, the business will not succeed.• Adequate: While this area is a weakness, it won’t disrupt the entire business.• Fair: This area will neither hurt the business nor provide a competitive advantage.• Good: This is the level you would want to see in a business before working there yourself.• Outstanding: They got this perfect. Particularly if they have a new approach to the challenge.• No Score Provided: If you do not feel qualified to score a particular section, check this box. This will not affect the score. You can still include constructive comments..
We will be scheduling “Clarification Calls” in late April and early May to give you an opportunity to either meet or conference call with the entrepreneurs directly. Details on those to follow.
Questions about this program should be sent to email@example.com.
Ripples, in this context, are the things that happen because of the disruptive changes made by an entrepreneur. Regular entrepreneurs get to move fast and break things. The MCN believes that social entrepreneurs have a responsibility to think through what might happen because of the changes their companies will make in the worlds of their customers, employees, and other stakeholders. Some social enterprise ideas can be beneficial at a small scale, but problematic at a larger size. Is that the case here? If so, have the entrepreneurs addressed this?
Mentoring has the most positive impact when mentors and entrepreneurs both feel validated, which is more likely to happen when they are given the choice to engage with each other. If you select any of the “Yes” options below, the entrepreneur (and the other reviewers) will see your name, email, and LinkedIn profile (or other public biography, if provided) on the review form. It is then up to the entrepreneurs to decide whose comments they found constructive and useful, and it up to them to reach out to those individuals.
More details on our mentoring process are here: http://mentorcapitalnet.org/home/join-us/mentors/.