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our superintelligent algorithm crawls through DB Mentee and DB Mentor, and looks for the right match. This will be based on ‘harder’ criteria (location, industry,…) but mostly on ‘softer’ criteria (goals in life, looking for in…).ORRRR…Both Mentee as well as Mentor can take the initiative themselves and look for a right matchAfter MS1 is done (yey!), step MS2 is coming right up, which consists of a first ‘date’ between both parties IFFF…MS2 has a positive outcome, then the effective mentorteeship can begin. IFFF…MS2 has a negative outcome, you go to prison…Euhm you can go back to MS1
From here on the NPO form cannot exist anymore, as the objectives will change to business making ones. Meaning that starting from V1 this has to be taken into account. OPTIN and LEGAL regulations.
Cfr. the book of ‘Who moved my cheese’: MOVE WITH THE CHEESE and IT’S MAZE TIMEMonetization for Entourage as a company will lay in the first choice capitalizing certain start-ups. throughout the prior phases Entourage should have had the opportunity to meet personally with certain mentees and mentors and get to know them better, which should allow for Entourage to be able to detect interesting profiles/ideas/combinations straight from the start. Entourage itself should have enough ‘venture capital’ to invest in interesting start-ups. As from phase 2 there should be some sort of standard contract to be closed between Entourage and Start-up/Angel investor.
Make clear regulations for the investment rounds. Making sure that Entourage itself has the opportunity to invest in the start-up. Juridical/financial counseling will be needed.
Entourage idea V1 & V2
The mentorship or
It all starts with…an idea
A lot of young people are ambitious in their lives. They have an intrinsic drive
to live their lives to the fullest, and want to realize the impossible.
They seek to capture as much relevant information as possible and transform
this knowledge into lessons and actions that can help them realize their goals.
They feel ALONE, finding it hard to find someone external who can help them
get better, someone who once was in their shoes and understands their
ambition and drive. Someone who can guide them with experience and
expertise, someone able to listen, challenge and advise.
if we know this, what can we do to help these youngsters?
You could imagine to create a sort of platform where these
youngsters could sign-up?
Yes, and this platform could allow them to seek for an external
partner (or mentor) who could help them with their challenges.
Meaning that this platform should also allow for these
external partners (or mentors) to sign-up?
IMO the platform could also be interesting for these external
partners! Say that they were looking for someone with a fresh
perspective on things or an opportunity to invest in the future…
Let’s elaborate further
understands the digital life
And how would this work out
We talk about data matchmaking
Name, age, gender
Name, age, gender
Goals in life
Goals in life
What are you looking for in a
What are you looking for in a
Matchmaking you say?
Set up a first
Start of the
We offer our track package for 1Y that consists of numerous training modules:
Working in team
– Networking events
An overall accessible online platform (at the core of the ecosystem):
Agenda of events
Forum to discuss
Blogging & social media inclusion
• Practical feasibility? mentors already have a busy life
and not much time
• What is precisely being asked of a mentor?
• Functioning of the trajectory?
• How much funding do we need?
• Who is going to collaborate?
• Founding and funding partners?
• Who will own the initiative?
reinventing yourself is the basis of evolution
After the first phase of Entourage (V1), we aim to go a step further in V2. V2 will inject
the ‘entrepreneurship/business & monetizing’ dimension in the concept.
In reality this means that we will extend the matchmaking. First of all, the different
‘mentees’ (looking to start-up sth. theirselves) will be able to consult the database
where the other mentees are enlisted. Giving them the opportunity to look for
complementary profiles, the right person(s) with the right set of skills.
Second, and as important, we will add the dimension of business angeling/venture
capitalizing to the concept. Meaning that the ‘mentors’ will have the opportunity to
fund groups of mentees that found eachother in start-up mode.
we envision the V2 version as a natural evolution and reinvention of the basic
entourage concept of mentorship. Again, we believe there are many possibilities in the
formula of putting two (well actually) three groups in contact.
Out of V1, mentors and mentees got to know each other, and have evolved to become
‘richer’ in terms of experience, comprehension of life, values and vision on certain
matters. Maybe certain mentees and mentors already talked to one another wrt
starting sth themselves. The complementarity that has been reached in V1 can serve
as a potent breeding soil to start V2, meaning effectively starting a entrepreneurial
venture between different mentees and mentors, now start-ups and business
This is the envisioned result out of V1. The creation of several mentorship
combinations who kick off an Entourage V1 trajectory.
The output of V1 should lead to the input of V2. Different mentees get in
touch with each other as well as with possible investors (mentors out of V1).
Investment round 1
Once wannabe start-ups have been created, the different investors (mentors)
get the opportunity to fund certain start-ups by buying shares.
If sufficient funding has been reached, the effective kick-off can take place.
Meaning that the company gains structure and starts its activities.
Given the thorough ‘due diligence’ that took place in advance, chances are
significant that the start-up achieves growth. Here the different parties have
to take their place in building the organization to mature.
Investment round 2
After X time (?) a formal evaluation takes place to determine if the start-up
will continue to exist (in its current structure). Moment for different parties