I really liked this anecdote posted on Sasha Dichter’s blog:
So, what do we have to learn from a pair that has their sights set on building a $1 billion-plus company selling luxury, made-in-Pakistan shoes to the world? A lot about a lot of things, but I was struck in particular by some lessons about tenacity and humility.
I asked them what they’ve learned at Y-Combinator so far, and Sidra shared, “one of the great things about the program are the mentors. How it works is that, if you set up time with a mentor, you get 20 minutes, no more. And when you meet with a mentor, they ask you three questions: ‘What did you do last week?’ ‘What are you doing next week?’ and ‘How can I help?’ You have to be ready! And what I like about that is that it communicates that their time is valuable, and that your time is valuable.”
I may start using this structure with some of the people I coach at work, though 20 minutes would be too short for us. There are a lot of other great lessons in this blog post, including the importance of putting mission first.