Mentoring Entrepreneurs: Tough Love and the Truth

The video discusses the role of mentors as truth-bearers, emphasizing the importance of tough love. It encourages thinking big, even if it means being labeled as crazy. The speaker highlights the need for entrepreneurs to look beyond Silicon Valley and recognize the growing diversity in entrepreneurship, including women and older adults. The concept of a 'startup prenup' is introduced to manage relationships in business ventures. Finally, the video explores the dynamics of mentorship, suggesting that sometimes it's necessary to part ways with mentors.

What is meant by the term 'startup prenup' as discussed in the text?

Why does the speaker believe it is important to sometimes fire a mentor?