Sacramento State student AZ Nicdao was 18 years old when he founded his first company, a fintech startup that served as a brokerage for people in search of financing. After a couple of pivots, AZ and his four co-founders have shifted the business to one that aggregates public investment data and provides it in the form of quarterly and annual reports in multiple formats for developers in hedge funds. He’s a young leader, but his company, Stair Fintech, has grown quickly in the past year, to a team of 10. “It’s exciting stuff,” Nicdao says.
Through the Carlsen Center, Nicdao learned about MicroMentor and quickly signed up for the platform. At the time, he was focused on a big sales push for Stair, but much of his team was made up of developers who weren’t necessarily adept at talking to new potential customers. Nicdao found a mentor with experience in sales strategy who helped his team develop an agile script that he has since tweaked many times for different scenarios. “We still use that script today.”
Nicdao is among a dynamic group of Sacramento’s High-Growth Venture Entrepreneurs. What startup founders often need is the right level of subject matter expertise to encourage an idea from dream to execution. For companies refining their fundraising prep to attract investors and launch their business at scale, Mentor Sacramento’s mentors can help founders determine their readiness to pitch for capital and refine that pitch to venture capitalists and angel investors. Business mentors can help founders broaden their perspectives; build networks; bolster sales efforts; acquire new customers; find additional talent, partners and advisors; identify external resources; get their financial projections in order, and make the necessary pivots to scale their business models and respond to new market opportunities.
1. Create a Profile on Mentor Sacramento
A complete profile is the first step to connecting with business mentors. It’s who you are and why you’re here. The quality of your profile makes an important impression on your potential connections.
2. Reach Out to Others and Connect
Explore members who have the profile you're looking for. Reach out by sending messages to several members. Start a conversation and find the right fit for you.
3. Start Mentoring
Now that you've found a match, ask questions, share, and listen. Agree on how and when to communicate using email, video chat, or a phone call. Set goals and start solving problems together.
There’s nothing that really helps as much as connecting one-on-one with a mentor, so they can hear your unique problems. It’s that intimate time and especially expertise.
AZ Nicdao, founder, Stair Fintech