Achieving Real Impact
In his column in the Star Tribune Business section, Isaac Cheifetz captured MESA’s contributions and its continuing goal of helping CEOs of emerging Minnesota software companies get to the next stage of growth and success.
- More than 70 emerging software companies in Minnesota have been mentored.
- Thirty-five companies are MESA graduates and 20 are in current mentoring relationships.
- Over half of MESA graduates have had major capital events, one-third have been acquired, and thousands of jobs have been created.
Looking back on these last 11 years, this enviable track record has only come about due to one critical factor: the commitment and desire of software executives to give back and support early-stage software startups.
The Secret Sauce: Pro Bono C-Suite Coaching
Thirty-two mentors make up the ranks of seasoned software execs that have the ‘been there, done that’ experience in the startup realm. This all-volunteer team gives back to the Minnesota software community by listening, offering options, and being unbiased sounding boards for CEOs of early-stage software startups.
“When we work with and encourage these promising CEOs and companies, we contribute to a strong and growing software community in Minnesota. Our mentors bring real-life experience to help them reduce risk and move forward faster,” explained John Tedesco, Drip CEO and MESA Mentor. “It’s truly a mutually rewarding relationship. As a mentor, I get to engage with smart, visionary leaders that are bringing new concepts to market. It’s a fun and energizing challenge.”
Playing the Long Game
With a simple focus on creating a vibrant, thriving software community in Minnesota, and a willing community of talented C-Suite executives who volunteer their time – MESA is poised to do more in the months and years to come.
“We want to do even more and create a greater impact in the Minnesota startup community. By serving more software startups and CEOs, we can contribute to building Minnesota’s profile as a region for software innovation and entrepreneurship.” Jim Moar, MESA President said. “To do that, we want more C-Suite mentors with startup experience to join our team.”
With the number of software startups growing in Minnesota, the demand for candid and impartial coaching will only increase. MESA looks to extend its commitment and increase the number of companies mentored, with the goal of doubling the number of companies served in the next five years. Growing MESA’s ranks of experienced mentors will help achieve this goal.
Contact us today to learn more about mentoring with MESA.