Mentors are the secret sauce that every founder needs to help build and grow a business. In this episode, Matt Kunkel, the Co-founder and CEO of LogicGate, discusses the importance of mentors, the role they played in the growth of his business and how he’s showing up as a leader for his team today. Matt co-founded LogicGate, a Chicago based SaaS platform which operationalizes regulatory, risk, and compliance programs for organizations, just over 4 years ago and has quickly grown it to 120+ employees and raised $35 million.
Here are my three big takeaways from the conversation:
Build a team of mentors, ones that can help advise on different aspects of your business, such as fundraising, culture, scaling, and operations.
You must dedicate time each week to build these relationships; while some may grow organically, others require work.
Leaders cannot communicate enough right now with their teams; be open, honest, empathetic, and transparent during these times of uncertainty.
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