Business idea · Marketplace
Mentorship Marketplace
Mentorship Marketplace is an online platform connecting entrepreneurs with mentors who can offer guidance and expertise based on their prior experiences. It was pitched on The Side Hustle Show, hosted by Nick Loper, in the episode "732: 24 Years of Side Hustle Advice" (aired April 6, 2026). How it makes money: Subscription fees from mentees or commissions from mentoring sessions.
At a glance
| Podcast | The Side Hustle Show |
|---|---|
| Hosted by | Nick Loper |
| Episode | 732: 24 Years of Side Hustle Advice |
| Aired | April 6, 2026 |
| Category | Marketplace |
| Real companies on the episode | Virtual Assistant Assistant, Gusto, Google, Virtual Assistant Service, ChooseFI, Whatnot |
The problem it solves
It addresses the steep learning curve faced by new entrepreneurs by providing access to seasoned mentors who can help navigate challenges more efficiently.
How it makes money
Subscription fees from mentees or commissions from mentoring sessions.
Skills you need
Platform development, marketing, customer service, and a network of experienced mentors.
The market, and why this works now
The rise of platforms like LinkedIn has created a culture where professionals seek mentorship to advance their careers. A practical first-revenue move is to partner with local chambers of commerce to promote the platform, tapping into their networks to connect entrepreneurs with mentors. However, securing experienced mentors may be challenging due to the time commitment required from them, which could limit the availability of guidance for mentees.
Our analysis, written after the episode. Not a quote from the show.
Real companies discussed on this episode
- Virtual Assistant Assistant
A resource directory aimed at helping entrepreneurs find and hire virtual assistants.
- Gusto
Gusto is an online payroll, HR, and benefits tool designed for modern small businesses.
- Google
A multinational technology company specializing in internet-related services and products, including online advertising technologies.
- Virtual Assistant Service
A service that provides administrative, technical, or creative assistance to clients remotely.
- ChooseFI
ChooseFI is a podcast focused on financial independence, discussing retirement and personal finance topics.
- Whatnot
Whatnot is the largest dedicated live shopping platform where users can sell various products such as beauty items, collectibles, electronics, thrift store finds, luxury fashion, and food products live to an audience.
Where this idea came from
Podcast: The Side Hustle Show, hosted by Nick Loper
Episode: 732: 24 Years of Side Hustle Advice
Aired:
Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.