Skip to content
Get €4 off on your Starter Kit or Starter Kit+Camera with the code PrimaveraHH
HOMYHUB
  • Mobile Nav Logo
  • How it works
  • Garage types
    • For your home
    • For your community
    • For your business
  • Services
    • Services
  • Integrations
  • Opinions
  • Support
  • Buy now
  • English
0
Get €4 off on your Starter Kit or Starter Kit+Camera with the code PrimaveraHH
HOMYHUB
  • Mobile Nav Logo
  • How it works
  • Garage types
    • For your home
    • For your community
    • For your business
  • Services
    • Services
  • Integrations
  • Opinions
  • Support
  • Buy now
  • English
0

From a mentor´s desk

24 November, 201914 April, 2017 by Ankit pareek
Jan Farrel Quote

“Mentoring is a brain to pick, an ear to listen and a push in the right direction”-Jhon C. Crosby

The wheels help you roll down, the engine gives you the power but it’s the steering which provides the guidance to a vehicle. Now lets just change the scenario and paint the idea in the world of entrepreneurship. Every entrepreneur wants his/her business idea to be the best and reach out to the maximum. With the idea as the body , the team as the wheels and the money invested as the engine to run the company. All these surmounts the perfect model for any budding startup and makes it ready to roll. But there is something missing in this epitome of the  scenario. Where is the steering? Who is going to navigate this conveyance to the right direction?

There answer to the above question is the team, and must of the time with the support advisors and mentors. The advisor is who has a vast knowledge in the sector and knows ins and outs of the product category you are working on. But there is a small but really important difference between an advice and a continuous feedback. That’s where a mentor -someone who a vast experience in various sectors and guides you through your journey to success in all times of need steps in. He/she acts as a parental figure in a entrepreneurs startup life.

To provide more light on the importance of mentor-ship and  its value , Ankit Pareek – Head of Communication at HomyHub, conducted a short interview with their mentor, Jan Farrel – International athlete, entrepreneur, mentor, freethinker, innovator and more which needs a whole book for describing.

Q1) Jan , according to you what is the definition of a startup?

Jan: For me its and idea and a team with a dream to succeed. Adding to that, includes investment with the highest of risk, may turn out to be good or bad.

Q2) What made you to be a part of the mentor-ship club or to say become a path provider for various successful startup?

Jan: I’m always looking for investment opportunities in hardware companies, and  being in close contact with cutting edge innovation and design secto. I also hope that my 15 years of experience in business can be of use to budding entrepreneurs.

Q3) There is a saying “ an idea can change your life¨. So is it just an idea that is enough for a successful startup? Or which other elements hover upon for the success of an idea(startup)?

Jan: Money money money! No… just joking! More than the idea I concentrate on the talent and implication of the team. Good teams don’t think of bad ideas and good ideas are worth showcasing.

Q4) If we try to shorten down the scenario , what are the three most important things that any entrepreneur or startup should consider in choosing its Mentor?

Jan: There are many factors, but if you want just three I would say – Experience, network and knowledge of the sector your startup is involved in.

Q5)  Vice -Versa, you being a mentor. What are the criterias that cloud in your mind before mentoring a startup? Is it the idea or the team or the mentality  or something else?

Jan: Projects that I can add value to (mostly which bounce in my paradigm of experience), as well as ones I can be interested in investing in. But the term projects means everything, the team, the idea, the commitment and their knowledge about the sector.

Q6). What is the one suggestion that you would like to make as a mentor to all the hardware based startups?

Jan: Often hardware projects take too much time prototyping and either become obsolete, outdated or copied! So get to market as soon as possible and with a long term strategy.

Lastly, we would like you to just shell you thoughts in a line. FOR ME MENTORING IS a natural step in my life as an entrepreneur. A chance to give back. A chance to participate in the future.

Thank you Jan, for your wise words and defining the definition and importance of a mentor.

Website: http://www.janfarrell.com

Facebook: http://www.facebook.com/Farrelling

Twitter: http://www.twitter.com/janfarrell

LinkedIn: https://es.linkedin.com/in/farrelljan/en

 

Categories Uncategorized
Post navigation
How I met the others !!
The Portable Doors

Products

  • How it works
  • Services
  • For your Home
  • For your Community
  • For your Business
  • Integrations
  • Web App for businesses

SUPPORT

  • FAQs

COMPANY

  •  Facebook
  •  Instagram
  •  X
  •  Youtube
  • Blog

STAY IN THE LOOP

PAYMENT METHODS

HOMYHUB Métodos de pago
© 2025 HOMYHUB • Built with GeneratePress

Designed and developed with in Spain

© 2025 HOMYHUB LTD. All Rights Reserved.

Calle de la Sierra de Atapuerca 13, 28050 Madrid
69 Wilson Street, EC2A 2BB London

Privacy policy | Cookies policy | Terms & Conditions

  • Mobile Nav Logo
  • How it works
  • Garage types
    • For your home
    • For your community
    • For your business
  • Services
    • Services
  • Integrations
  • Opinions
  • Support
  • Buy now
  • English
  • Manage cookies consent
    At HOMYHUB we use technologies such as cookies to store and/or access device information. We do this to improve the browsing experience and to display personalized advertisements. Consenting to these technologies will allow us to process data such as browsing behavior or unique identifiers on this site. Not consenting, or withdrawing consent, may adversely affect certain features and functions.
    Funcional Always active
    El almacenamiento o acceso técnico es estrictamente necesario para el propósito legítimo de permitir el uso de un servicio específico explícitamente solicitado por el abonado o usuario, o con el único propósito de llevar a cabo la transmisión de una comunicación a través de una red de comunicaciones electrónicas.
    Preferencias
    El almacenamiento o acceso técnico es necesario para la finalidad legítima de almacenar preferencias no solicitadas por el abonado o usuario.
    Estadísticas
    El almacenamiento o acceso técnico que es utilizado exclusivamente con fines estadísticos. El almacenamiento o acceso técnico que se utiliza exclusivamente con fines estadísticos anónimos. Sin un requerimiento, el cumplimiento voluntario por parte de tu proveedor de servicios de Internet, o los registros adicionales de un tercero, la información almacenada o recuperada sólo para este propósito no se puede utilizar para identificarte.
    Marketing
    El almacenamiento o acceso técnico es necesario para crear perfiles de usuario para enviar publicidad, o para rastrear al usuario en una web o en varias web con fines de marketing similares.
    Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
    Preferencias
    {title} {title} {title}