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Advice seeking and mentors’ influence on entrepreneurs’ role identity and business-model change

Research output: Contribution to journal › Article › peer-review

28 Scopus citations

Abstract

This study explored the interrelations between advice seeking and the role of mentors in triggering entrepreneurial role identity and business-model change. Entrepreneurs’ advice-seeking antecedents were found to be associated with entrepreneur-mentor fit at the individual and organizational levels. Entrepreneurs manifested four different types of advice-seeking behaviors, termed emotional-and-psychological-based advice seeking, experience-based advice seeking, reflexive-based advice seeking and self-sufficient advice seeking. Experience-based advice seeking and emotional-and-psychological-based advice seeking were associated with mentors’ influence on entrepreneurial role identity and business-model change. Entrepreneurs characterized by emotiona-and-psychological-based advice seeking aimed to make more-independent decisions. Reflexive-based advice seeking was associated with mentors’ triggering changes in the business model; whereas, entrepreneurs classified as self-sufficient sought out little mentorship.

Original languageEnglish
Pages (from-to)70-110
Number of pages41
JournalJournal of Small Business Management
Volume63
Issue number1
DOIs
StatePublished - 2025

Keywords

  • Advice seeking
  • accelerators
  • entrepreneurial role identity change
  • mentorship
  • startup business model change

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