Dear Clients and Investors,

Patch of Land, Inc and its team was acquired in July of 2021. As part of our continuing efforts to wind down legacy operations, we have discontinued the legacy online portal as of August 15th, 2023

If you require legacy records or have any questions regarding past investment projects, please contact us at this address: [email protected]. Tax statements will still be timely delivered to the client addresses we have on file.

The Patch of Land Blog

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The Top Ways for a CTO to Find a Trusted Advisor

Having a mentor is one of the best ways to learn your craft and grow in your profession.  For many high level executives it can be hard to find the right person to trust and look up to for advice.  Readwrite.com recently published an article where they asked various CTOs how they were able to find the proper guidance along their path to success.  Patch of Land's own Brian Fritton was part of the group of entrepreneurs from the YEC who were presented this question. Here are some of their responses:

Past Employers and Vendors

As a startup CTO, I find mentorship through my counterparts at past employers and vendors we use. Oftentimes, these can be transient types of mentorship. But with some reciprocation—they'll usually want advice, too—they can turn into regular relationships, especially if you're currently doing business with a vendor.

I find that these types of conversations turn out to be the best types of mentorship, as they already know what's going on in your head through knowing you from a past gig or already know part of what's going on in your business by being a vendor. Having conversations with these types of people can also have fringe benefits; past employers send you opportunities while vendors give you a heads up on new happenings and breaks on fees if things are tight.

Brian Fritton, Patch Of Land

 

CTOs of Larger Companies

A startup CTO should look to build relationships with CTOs who have worked in that role in a larger business, as well as those who currently serve in that role somewhere. Most of the time they will be more than willing to jump on a call or grab coffee with you. These individuals have a wealth of knowledge, can help you understand how the industry has changed and can offer you more connections and advisers.

Jason GrillJGrill Media | Sock 101

Meetup Groups

A lot of startup CTOs and engineers head to meetup groups, especially for their specific technology languages, to find mentors and like-minded developers. People who participate in meetups usually do so because they are genuinely interested in the subjects, which makes it easier to find a passionate mentor.

Meetups also provide a more relaxed environment for networking compared to formal business meetings, so it's a lot easier to make connections that are genuine as well as skills specific.

Doreen Bloch, Poshly Inc.

Click Here to read more responses from the YEC

How important do you think it is to have a trusted advisor or a life coach? Do you have any tips on finding a suitable mentor? Leave a comment and let us know your thoughts



If you want to learn more, take a look at some of the most commonly asked questions we receive about real estate crowdfunding on a daily basis and find out why so many people are crowdfunding real estate projects across the country with Patch of Land.
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