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What is a mentor?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A mentor is a person who assists another in developing their professional skills, ideas, and goals. Mentors are usually experienced professionals who help others realize their potential and achieve their goals. They offer knowledge, insight, and support and help their protégés develop personally and professionally and lead successful lives.
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What is a business network?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A business network is a network that allows companies and their employees to connect and communicate with each other. It consists of systems and resources that enable the exchange of information, ideas and contacts between companies and their employees. A business network is an important part of any modern business culture, as it facilitates communication and collaboration, and allows companies to gain valuable contacts and insights into their industry.
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What is business scaling?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Business scaling is the process by which a company increases its production, offering or customer base to achieve a greater market presence. It is an important part of business growth, which involves increasing the company's resources and capacity to attract new customers and increase sales.
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What is a co-founder?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A co-founder is a person who, together with the founder of a company or project, helps shape its development. Co-founders often take on tasks such as start-up and financing, leadership and strategy, product development, marketing and customer support. They often work closely together to make the company or project a success.
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What is a mentoring program?

12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A mentoring program is a type of counseling in which an experienced mentor supports an individual or group and guides them in their personal and professional development. It can be an individual or a group that is mentored by the mentor. Mentoring programs can be either one-time or over an extended period of time. The purpose of a mentoring program is to provide a focus on personal growth by having the mentor share ideas and experiences that help the mentee reach their full potential.
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