Insights from a Seasoned Entrepreneur Turned into a Startup Investor: Tuomas Pahlman’s Journey

Picture by Wasim Al-Nasser, FiBAN

Hey there, this is Emily from Red Brick. Welcome to our “Mentor Stories” series, where we celebrate and showcase our mentors who are a big part of how we support startups in Red Brick Accelerator. We hope you enjoy reading them!

Tuomas Pahlman began his entrepreneurial journey in the early 2000s when he took charge of his first company. With his engineering background, he had noticed a gap in the market for affordable, high-precision sensors. This observation drove him to create a solution himself, and to spearhead his tech firm, scale it to a successful big data analytics company and end with an exit. 

After not one but two successful exits, Tuomas decided to jump into investor shoes and joined the Finnish Business Angel Investor Network (FIBAN). He is focused on investing, screening, and mentoring startups. He is a very active mentor of the Red Brick network. His newest venture Höpöhöpö is a platform helping startups optimize their fundraising and investor reach outs globally. The platform has been one of the fundamental tools for Red Brick startups in our accelerator programs. 

In this article, Tuomas sits with Red Brick and shares some milestones of his journey, transitioning from Founder to Investor throughout the years, and the lessons learned along the way.

Remembering the beginnings – early days were challenging. Raising capital was difficult, and convincing investors to believe in the company’s vision was a significant challenge, in addition to building a reliable team and managing product development. However, Tuomas’s persistence paid off: he kept refining his pitch and networking until he found the right investors and product-market fit. 

When it came to team building, he prioritized hiring individuals who were not only skilled but also shared the vision. For first-time founders, Tuomas emphasizes the importance of deeply understanding the problem they aim to solve. Building a strong, versatile team is crucial. Startup entrepreneurs must be prepared for a long, challenging journey as the success rarely comes overnight.

The composition of the founding team is vital. Ideally, there should be a mix of expertise—someone strong in technology, someone with business acumen, and someone who understands the market. Each team member should bring something unique to the table. Tuomas notes that expanding the team can be challenging. Hiring one additional member is manageable, but bringing on five new people is a different story. It’s essential to ensure that each new hire fits well with the existing team and possesses the necessary skills. Both of those aspects are so important. The expansion increases the amount of work, particularly in onboarding and integration.

In his experience, teams that perform well usually consist of individuals who have done it before. Domain expertise is valuable. Understanding the market is crucial.

“If you’ve never played ice hockey, it’s unlikely you’ll make it to the NHL.”

The same principle applies to entrepreneurship. If you don’t know the domain, you must be willing to learn it thoroughly. Tuomas himself faced this challenge as a founder, having to learn not only the domain but also sales, marketing, and product development. 

Balancing the need for both business and engineering expertise in a team is essential. Then there needs to be a balance between planning and doing. A team with only business minds might struggle to deliver a product, while a team of only engineers might struggle to sell it. Tuomas emphasizes that both skills are necessary for success. If you’re not with the customer, how can you solve their problem?

Early on, founders need to do many generalist tasks. As the company grows, deeper expertise becomes more important. Willingness to step out of their comfort zones, adapt and do what’s necessary at different stages of the company’s growth separate good founders from great ones. “If you’re a specialist and you’re not willing to do the generalist stuff, it’s going to be hard,” Tuomas says, highlighting the need for flexibility in startup roles.

In his role as investor-mentor, Tuomas believes in the responsibility of providing sound advice, and in due diligence. A mentor needs to be aware of their limits and ensure that their guidance is based on real experience. He prefers long-term mentorship relationships where he can have a meaningful impact rather than one-off meetings. With 40 portfolio companies, his bandwidth is limited, so he focuses on where he can add the most value.

“Founders will learn more by testing, learning from mistakes, and hurting. And that’s kind of the whole experience part, just test it out. So keep testing, and then you’re surprised what will work out.”

Tuomas adds, “I think investing and mentoring are also areas where you learn so much. I have also been learning in the past four or five years much more than building my own company.”

Tuomas is driven by curiosity. He loves learning about new ideas and ways of building companies. Each company is unique, one learns a lot from seeing different approaches to going about the problems they are solving. He tries to focus on where he can be involved in a much longer term startup-relationship. It’s incredibly rewarding for him to watch startups grow and be part of their journey. 

Despite the inevitable challenges along the way, Tuomas finds great satisfaction in helping others succeed and in continually learning from his experiences. In the local ecosystem in Tampere, his name is strongly associated with giving back to the startup community, supporting new (and old)  founders through guidance, feedback, and resourceful fundraising workshops/sessions. Not much left but to extend a warm thank you to Tuomas on behalf of Red Brick for being so selfless and active! 

Red Brick is thankful for experienced and well-rounded mentors such as Tuomas, who play an important role in the shaping of our early-stage startup teams. We thank Tuomas for his advice and insight in helping our teams grow and succeed. 💚Has this inspired you to mentor a startup team? Get in touch, we are always looking for new mentors to join our family!

Enabling safe and affordable gluten detection

Photo of Prakseda Mineikiene
Photo: Prakseda Mineikiene

Hey there, this is Emily from Red Brick. Welcome to the “Founder Stories” series, where we celebrate and showcase different startup founders who were taking part in Red Brick Accelerator. Hope you enjoy reading them!

This story features Innosensus’s founder, Prakseda Mineikiene. Innosensus started in December 2021 with a goal to make life easier for people who need to avoid gluten. This interview with Prakseda tells us how Innosensus began, what they want to do, and why it’s important.

Prakseda is a determined and passionate founder with a background in marketing and a strong drive to make a positive impact, with over a decade of experience in marketing roles across various industries. 

Her journey into entrepreneurship began during her maternity leave, where she seized the opportunity to embark on a new venture aimed at addressing a pressing need in society. Through her leadership and vision, Prakseda is committed to building solutions that improve the lives of others, particularly those with gluten allergies. 

Emily: Can you tell us how you got the idea for Innosensus?

Prakseda: Innosensus began when a student asked me for help. His dad had a problem with gluten, so we wanted to find a way to help people like him. We wanted to make it easier to know if their food has gluten. The idea was to help people with gluten problems feel safer when they eat out. Have a tool to check, quickly and cheaply, if their food is safe to eat.

We realized the need for a gluten indicator after hearing about the struggles of those with celiac disease. Studies showed that up to 50% of patients with celiac disease accidentally consumed gluten, highlighting a significant problem.

We are creating the first gluten biosensor detection using electrochemical technology. The main goal is to quickly detect gluten in food to prevent unpleasant symptoms for those with gluten intolerance or celiac disease. This will allow people to eat out with confidence, whether it’s in restaurants, schools, or hospitals.

Emily: How did you build your team? And in your opinion, what makes a team successful?

Prakseda: Networking is key. Success often comes through people, both inside and outside the team. It’s essential to have professionals who are motivated and share information openly. If people are motivated, they find the money, they find the answers about the technology, who you need to hire, and what you need to do next.

Emily: Talking about motivation, what helps you stay motivated?

Prakseda: For me, it’s other startups and co-founders. I’m trying every week, or at least every other week, to meet other startups who are developing their own products. Hearing their stories and sharing ideas gives me hope. Also, knowing we’re helping people keeps me motivated.

Photo: Prakseda Mineikiene

Emily: What challenges has Inosensus faced on the startup journey so far?

Prakseda: One of the biggest challenges has been developing the technology of the product in the biotech field. From securing financing and finding the right team, every step has presented its own set of new challenges. The long research and development process has also tested our patience, but we are focused on delivering a reliable and science-backed gluten sensor. We keep going because we believe in what we’re doing.

Emily: How do accelerator programs like Red Brick help your journey?

Prakseda: Accelerators like Red Brick have been great for us. They connect us with mentors who give us advice. Also, we meet other startups and learn from them. These programs help us grow and make our dreams real. In Red Brick, I was very inspired by master mind group sessions with mentor Laurent Notin, and experimentation session with mentor Orfeuo Lionor.

Emily: What does Prakseda do when not building a company? Have you recently watched any series or movie that you’d like to share?

Prakseda: The last one I saw was very interesting. It’s on Netflix about Pepsi, how they created a marketing campaign. It’s called “Pepsi, where’s my jet?”.

They created a marketing campaign and they said in their ad that if people will collect a lot of the bottles, then they would win a jet. It’s always good to remember what a company communicates in their marketing, what it promises to give. The movie was very thought provoking. I think everyone should watch it.

Innosensus is making a big difference for people who can’t eat gluten. Prakseda’s hard work and dedication show us how startups can help solve important problems. Red Brick Accelerator is supporting the growth of early-stage startups, ready to make an impact with their ideas. Check out the programs from our website and apply now!💚

Hey there, this is Emily from Red Brick. Welcome to our “Mentor Stories” series, where we celebrate and showcase our mentors who are a big part of how we support startups in Red Brick Accelerator. We hope you enjoy reading them!

Natalia Rincon is an architect and computer scientist with a truly global perspective. Natalia seamlessly blends her architectural expertise with her passion for urban planning and entrepreneurship, contributing to boards and projects that are meaningful to her. Her love for cities and people have driven her to co-found CHAOS, a startup focused on improving urban planning, where she is currently a CEO. She’s also currently pursuing a Ph.D. in Smart Cities at Aalto University. Natalia believes in giving back to society and cherishes collaboration with others, is committed to community building and helping those around her. 

With her expertise in urban planning, smart cities, data platforms, and tech, Natalia brings a unique perspective to support budding ventures in these domains. Her active engagement in various councils and organizations demonstrates her commitment to making a positive impact. Natalia takes great pleasure in mentoring Red Brick founders, leveraging her extensive background to provide guidance on fundraising, pitch deck preparation, business case development, market research and analysis. 

Natalia’s journey to start her own business has not been easy, albeit very rewarding. She began by meeting and talking to many people to share her business idea. Her journey was immediately fast tracked when someone recommended her to participate in a hackathon in Tampere, where her team won and validated their idea.

Natalia then found her co-founder, Paloma Bautista Sánchez, with whom the journey progressed as CHAOS transitioned into an incorporated company. They established a shareholder’s agreement and secured investment from angel investors that she met through Startup Sauna. Their perseverance and hard work paid off at Slush in 2017 when, with a fully developed app, they raised a successful funding round in one night, cementing the start of CHAOS’s success story.

She is one of the active mentors in Red Brick. When asked about her mentoring values, Natalia believes a good mentor listens and guides, leading by example rather than just giving answers. She values humility in mentees, as they’ll receive feedback and need to defend their ideas. “It’s important to speak up while being open to feedback, even if it’s not directly stated,” she says. “Investors also appreciate founders who can learn and adapt.”

Natalia further added that people often focus on the product and its marketing, but she emphasizes turning ideas into successful businesses by understanding the customers and reasons they would buy, which is important. Natalia’s mentoring style includes giving help where needed and asking tough questions to challenge and improve startup ideas.

Natalia advises founders to learn how to network, build their teams, develop a strong business case, and then proceed with their venture.

“It’s crucial to know who your target customers are and understand their profiles,” she says. “To succeed, you must grasp various aspects of your business, including your customer base and go-to-market strategy. Even if you have a fantastic product idea, you’ll face questions about these topics. Focusing solely on the product won’t take you very far.”

“Teams should have this magic. Some people call it chemistry. When you are likable and charismatic, you are able to radiate energy into other people. It is nice to converse with you and build a genuine relationship, it’s not just pitching and pitching.

MySpeaker Finland – Keynote Puhua – Natalia Rincon

If you already managed to hook your audience, the next step is being super clear. State that this is my goal, this is what I want, tell the story in a very concise and clear way. It gives a strong impression that this person really knows what they’re talking about. The confidence and the clarity speak for themselves.

Accelerators help in networking, support, having a safety net, and getting creative ideas from other founders. Not everybody is a founder, some people just want to join the adventure, which is fine.

People admire someone who is passionate about something. When a person that has passion speaks, you can immediately tell they are genuine. I think that’s what we all want in the world, to find our passion. I think when you’re that kind of founder, you attract a lot of people, investors, attention, and buzz.

Lastly, you identify your go-to-market. I think this is how investors evaluate and really look at startups. When asked this question, what is your best-performing startup in your portfolio, the one you’re really proud of and the one you would always mention, investors always answer, it’s not the one making the most revenue, not one with the cool product, nor the special customers, it’s the one that has magic. Do it with passion or not at all.

Red Brick mentors play an important role in the shaping of our early-stage startup teams. We thank Natalia for her insights and expertise in helping our teams grow and succeed. 💚Has this inspired you to mentor a startup team? Get in touch, we are always looking for new mentors to join our family!

Hey there, this is Emily from Red Brick. Welcome to our “Mentor Stories” series, where we celebrate and showcase our mentors who are a big part of how we support startups in Red Brick Accelerator. We hope you enjoy reading them!

It is no secret this mentor story covers one of our favorite coaches. Meet Orfeuo Lionor, the guy we are to blame for turning Red Brick founders into pirates. 

Orfeuo Lionor’s diverse background and love for coaching and education have shaped his approach to mentorship. He believes in the power of passing on knowledge and learning alongside others. His journey into the world of startups began with a passion for sales and a knack for exploring new markets. However, it was his involvement in hackathons that truly ignited his curiosity and opened up a whole new world of possibilities. In these intense 2-day events, Orfy discovered the power of rapid prototyping and the thrill of building something from scratch. He also immersed himself in London’s vibrant startup ecosystem, where networking events and “fuckup nights” provided invaluable lessons in resilience and learning from failure. 

His generalist experience covers product development, validation, and funding to mention a few. We sat down with Orfy to discuss his values, expertise, and to gain insights from his years of coaching startups.

For Orfy, it’s not just about the technology; it’s about the people behind the startups. When evaluating founders, he looks for traits such as curiosity, courage, coachability, and a data-centric mindset. He emphasizes the importance of de-risking business models and focusing on learning and experimentation.

One of the top mistakes Orfy sees startups make is building something without understanding their target market. He advocates for a “learning journey” mindset and encourages founders to validate their assumptions through experiments before investing heavily in product development. The learning part is the most important thing. The learning can be converted into something now or somewhere down the road. In this startup, or in a future startup. Another mistake is building too early – also called “MVP obsession”. People can really benefit from learning how to run experiments to validate assumptions before moving into MVP-mode.

“Know when to ask for advice, and be able to distinguish between good advice and bad advice, and know that advice is just advice; data never lies.”

Orfy’s pirate values

  • Fun: it’s a serious business but it’s also a creative industry. Might as well have some fun while we’re at it (that includes a dose of self-ridicule that can be healing)
  • Integrity: Acting with honesty,independent thinking, transparency, and fairness in all dealings with startups. Always giving back even if you do not get anything in return.
  • Empathy: Understanding the challenges and emotions of startup founders and providing support and guidance with sensitivity.
  • Collaboration: Working closely with startups thereby fostering a collaborative and supportive ecosystem. Many countries think of how to build stronger ecosystems. It’s all about the people, people willing to share things without expecting something in return. Orfy says, “Some of the most valuable lessons that I’ve gotten were from people who were willing to share strategies, shortcuts, tips, tricks, mistakes.”
  • Inclusivity: promoting diversity, inclusivity in a startup ecosystem, ensuring equal opportunities for all founders. A successful ecosystem is built on diversity.
  • Empowerment: empowering startups to take ownership of their journey, making informed decisions, and achieve their goals autonomously. “With coaching, you always know that there is a limit to it. But you can give people a basic outline of the theory, and they can build off of it themselves. Instead of giving them the fish, teach them how to fish with frameworks, tools, and exercises to learn how to de-risk their business model on the basis of data, to be data-centric.”

His advice for first-time founders is simple yet profound: focus on learning rather than proving yourself. Embrace each experience as an opportunity to grow and develop as an entrepreneur.

Early-stage founders should prioritize building a strong team with complementary skills. Orfy believes that finding the right co-founder is crucial and suggests attending hackathons as a great way to meet potential collaborators.

In essence, Orfy’s journey embodies the spirit of entrepreneurship—a willingness to learn, adapt, and collaborate in pursuit of building something meaningful. 

“Inspiration is in everything. Art and creativity, every day. Art is there to provoke people, and in startups that is very useful. You can be inspired by everything, there is so much inspiration everywhere. Looking at things from a different perspective, thinking out-of-the-box. Nature and environment. Philosophy and wisdom. Everything. Inspiration can come from everywhere.

Red Brick mentors play an important role in the shaping of our early-stage startup teams. We thank Orfy for his insights and expertise in helping our teams grow and succeed. 💚Has this inspired you to mentor a startup team? Get in touch, we are always looking for new mentors to join our family!

Long time no… afterwork with startups!

We kicked off a new accelerator batch with 10 new startups & 10 very interesting problems they are solving. Enabling streaming documentaries and short movies to your households. Empowering small cafes in cities. Digitalizing gyms and making your workouts more trackable. Making volunteering coaching in sports convenient and process-driven. Guiding young adults transition from a busy stressful life to a more peaceful & balanced one. These are some of the problems founders of this batch are on a mission to solve.

Join us for a casual networking hangout with startups and get to know the founders behind these problems.

The event starts at 16:00 and takes place on 5th floor, Platform6. Drinks and refreshments on the house!

You can confirm your attendance via this link.

Date

October 12, 2023
16:00

Hey there, this is Emily from Red Brick. Welcome to our “Mentor Stories” series, where we celebrate and showcase our mentors who are a big part of how we support startups in Red Brick Accelerator. We hope you enjoy reading them!

Tomi Neulanen has had a diverse career starting from the early 2000s and now provides valuable advice and mentorship to entrepreneurs and clients. He wore different hats, as a developer, an analyst, designer, and a project manager. He has also dabbled in sales and worked as a customer happiness officer. Now, he’s found his groove as a consultant at Sofokus Oy, a company that specializes in creating digital solutions that deliver real value to businesses. 

His experiences in consulting and founding his own startup have given him a deep understanding of the challenges and opportunities in the business world. Tomi was known as the “talking coder.” He says that while you can turn a coder into a salesman, the opposite isn’t as easy. With his passion for problem-solving and his dedication to helping others, Tomi continues to make a positive impact in the startup ecosystem. At Red Brick, we have been lucky to have a chance to extend his impact to startups in our programs. 

Tomi is drawn to startups because of the founders’ optimistic mindset and their determination to overcome challenges and push for a better future. He finds inspiration in their passion and motivation to solve problems. He loves interacting with people during this stage of their lives and avoids putting them into limiting boxes. To him, everyone has something valuable to offer.

He believes that a founder’s resilience and unwavering commitment to their idea are the most important qualities they can have. One piece of advice Tomi gives to early-stage founders is not to shy away from making cold calls. Although it may seem intimidating, he warns against putting it off because it can have long-term consequences. Using simple tools like Google Sheets is a good start to compile a list of leads. By reaching out to many leads, founders can convert a small percentage into actual revenue, demonstrating the value of persistence and proactive outreach.

Looking back on his own entrepreneurial journey, Tomi remembers his own previous startup founded 15 years ago. They faced significant challenges due to the tough market conditions. The idea behind his company was technically complex, similar to how Facebook targets ads or conducts questionnaires with focus groups. He approached the project, as a web developer, purely as a technical challenge, without seeking input from others, and that turned out to be a big mistake. Working alone without a team and lacking the necessary tools for running a company held him back. But Tomi now uses this experience as an example when talking to founders building similar platforms, as they face similar challenges and can learn from his insights.

Don’t build your product alone, always ask for input

That entrepreneurial experience has led him to where he is now. He understands the excitement and potential when young founders come up with innovative ideas, but he also knows the downside of making endless promises without setting clear timelines. Tomi believes founders should commit to a specific period for their projects and establish Key Performance Indicators (KPIs) or such to evaluate their progress. This helps them decide whether to keep going or move on, avoiding wasted time, energy, and resources. He also emphasizes the importance of building a diverse and adaptable team, effectively analyzing data, and using KPIs to make objective decisions. Tomi is a proponent of piloting solutions and believes in trying to solve problems before giving up.

Understanding the entrepreneur’s mindset, finding shortcuts and clever solutions for their challenges, and finishing strong are Tomi’s compelling assets. But he knows that he can only offer meaningful advice if he truly understands the founding team and their situation. Building trust is key, and his extensive experience in technology and various projects allows him to provide clients with different options to solve their problems. His work with clients is very similar to his role as a mentor, and he genuinely enjoys being around people and helping them solve problems. “Whether it’s students trying out new things, experienced entrepreneurs venturing into new businesses, or just people looking for solutions to everyday problems,” he says, “I admire and have passion in helping them find solutions and shortcuts that would help save their time and resources.”

Being helpful, as opposed to being right, is his ultimate goal as a mentor at the end of the day. His advice to founders would be to find a trusted advisor, who is somehow detached, with a wider viewport of what they are doing as founders. Self-reflection is also important; a founder should always find the time to take care of themselves.

Red Brick mentors play an important role in the shaping of our early-stage startup teams. We thank Tomi for his insights and expertise in helping our teams grow and succeed. 💚Has this inspired you to mentor a startup team? Get in touch, we are always looking for new mentors to join our family!

10 new startups started their pre-Accelerator journey with Red Brick yesterday!

In these three weeks they will test and validate their ideas. They will define the next steps, find creative pathways to approach the problems they are solving and hopefully learn from each other.

The batch is full of great energy and peer support. The teams are working on different problems to solve. From improving access to menstrual pads to ramping up the user experience in cafes and gyms to monitoring air quality and revolutionizing self-development and time management through AI, teams are exploring a wide range of topics.

Amazing to be working with these teams and helping them on their paths.
It’s going to be exciting to see where they end up!

Hey there, this is Emily from Red Brick. Welcome to our new “Mentor Stories” series, where we celebrate and showcase our mentors who are a big part of how we support startups in Red Brick Accelerator. Hope you enjoy reading them!

Anastasiia Kozina, also known as Siia, is a strategic product designer who is passionate about creative problem-solving and using her skills to help others. Her journey in design began during her studies in Finland, where she was drawn to modern and interactive design techniques. She currently works at Nordkapp, a strategic consulting agency that supports companies going through change. Siia has experience as an entrepreneur, working in the dementia care industry as well as IT consulting.

Picture by Felipe Santana

Our journey with Siia began in 2019, when she joined Red Brick as a startup mentor. Siia believes in having an open culture and the importance of sharing knowledge and failure stories. She sees mentoring as a way to merge giving back to society and doing pro bono work with her expertise, allowing her to support teams practically to move forward.

“All the startups I have met are rooted in some kind of problem they themselves experience,” Siia says, “Seeing these teams wanting to change something so badly inspires me. I believe that this is exactly what humans should be doing, trying to actively solve their problems instead of passively watching from a distance. You meet a lot of brave people in the startup world who are ready to go out there and try something. That alone is incredibly powerful.” 

Siia is an entrepreneur herself. She co-founded Memocate, a research-powered startup with a mission to improve the quality of care for people with memory disorders and make their caregivers more confident in their abilities. Soon, they began creating multimedia materials for dementia care programs, hospitals, and municipalities. As a spin-off startup from the University of Helsinki, they’ve been learning how to grow business and create a successful team formula with board members, shareholders, and an excellent team to attract investors. They eventually found an angel investor who felt passionate about the dementia caregiving scene and helped them boost the business. However, the team kept struggling with the timelines required to close deals and discovered that EdTech solutions aren’t optimal for staying afloat through raising funds – in this field, investors tend to have specific demands to be interested in providing their support. They piloted a new idea using sensor technology to monitor patients’ communication and movements for more accurate care quality assessments performed in both public and private healthcare institutions regularly, which proved to be a totally different product with massive potential. Siia and her team had to learn to pivot the business in response to these challenges, the learnings of which she still applies in her mentoring rounds to this day.

Picture by Felipe Santana

Siia’s work with Red Brick began as a coach in UX design. She recalls thinking, “wow! There’s so much more I could do!” That is when her role transitioned from being a workshop coach to a mentor.

When asked about her first advice to early-stage founders, she says not to go on their journey in isolation. “Go out, validate, talk to people, learn more about the problem you are solving, ask for advice,” Siia adds, “be humble, accept that you don’t know everything.”

“If you’re building a startup, it’s very easy to go into a perfectionist state. Everything needs to be in tip-top shape, everything needs to be polished. That creates more work for yourself with already limited resources. Whenever I mentor startups, I ask them, ‘what is the most minimal thing you could do to get to your goal?’ whether it’s validating, selling or something else. That keeps you going and moving somewhere. Otherwise, your time is running out.”

As a mentor, Siia is on the lookout for humility as a key quality in an early-stage startup team. Siia believes that overly confident teams may not be receptive to advice and may not be open to learning. The team’s setup is also important, and having experienced entrepreneurs on the team can help steer the startup away from potential issues. Startups should define their positions and think about the smallest product they can validate and start selling shortly. She also points out that momentum is a very important factor to consider, as market expectations and challenges are changing. Doing research and meeting with other companies in the same space can help founders make informed decisions about the direction of their vision.

Siia shares the importance of engagement strategies for startups. “I noticed that many startups focus solely on acquiring customers without thinking about how to keep them engaged over the long term. Startups should have a plan for how to continuously engage customers, otherwise it can be a waste”. Siia also stresses the importance of team building for startups. Founders need to be critical when hiring new team members and should be honest with each other about their own limitations. She also encourages founders to care for each other and spread responsibilities so that no one person is taking on too much.

To better prepare for mentoring meetings, founders should come to meetings with a clear agenda and critical questions about things that block them from moving forward. For Siia, mentoring should be an ongoing process, rather than a one-time call, and startups should be proactive in asking mentors to continue working with them. Siia sees mentoring as a cycle of learning, where both the mentor and the startup team can benefit from the relationship.

When asked about her mentoring style, she says, “Let the team guide the process. I am there as a facilitator of their thinking. I am not the pool of answers and ideas, they should be owning those ideas and answers. Take the role of the one who can match them with those answers through asking the right questions.”

“You need to remember that people do not intentionally want to do any harm, especially in the professional scene,” Siia highlights, “if you want to change something, you should try to change how we approach things, rather than the people we are dealing with. Stakeholders are often not the problem, processes are.”

Red Brick mentors play an important role in the shaping of our early-stage startup teams. We thank Siia for her insights and expertise in helping our teams grow and succeed. Her belief in the value of ongoing mentorship resonates deeply with Red Brick’s mission to support and grow innovative startups. 💚Has this inspired you to mentor a startup team? Get in touch, we are always looking for new mentors to join our family!

We are happy to announce our partnership with Liquido.vc who are closely supporting pre-seed and seed startups in structuring & designing their businesses and preparing & raising funding rounds.

We both share a hands-on approach to working with founders.

Looking forward to supporting together the next generation of pre-seed and seed phase startups in Finland!

Are great teams built? Or are they hired?

What do we need to know to build superteams?

What is the preferences model that revolutionized high-performing teams?

On April 25, 2023 at 16:00 – 19:00 we are organizing an open-for-all session with Pouria Kay sharing insights on “How to build superteams?”. Join us to learn the fundamentals behind high-performing teams and what is the secret sauce. 10 years ago, Pouria found out “thinking diversity” term when leading his own design team. He spent the next years studying the topic and that’s where the “preferences model” method came from. In this session he shares insights by digging deeper into these key topics:

  • How to build trust and a bigger brain in the team?
  • How to create a safe team culture?
  • What are motivational drivers and how to boost motivation and joy in the team?

The session takes place on the 5th floor of Platform6. The official part ends at 19:00. We continue with light discussion and networking. Drinks and snacks will be served.

Don’t forget to register!

Date

April 25, 2023
16:00 – 19:00
Register here