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Home Finance Finance The Advantages Of Having A Business Mentor
The Advantages Of Having A Business Mentor PDF Print E-mail
Written by Mel Kaario   
Sunday, 17 August 2008 17:02
Many business owners struggle and make costly mistakes which cause frustration and a decrease of passion for their business.
by MelKaario


Many business owners struggle and make costly mistakes which cause frustration and a decrease of passion for their business.

The old principle of learning by trial and error can certainly be an option, provided you have endless determination, lots of time on your side, and no shortage of spare cash to finance your mistakes! There is also a high risk of becoming disillusioned, losing focus and consequently joining the endless numbers of people who having tried and failed, throw in the towel and walk away.

Why not ask yourself, do really need to keep on making a bunch of mistakes, or if you should learn from others who have done it before and are already successful. Finding a mentor is an excellent idea.

When selecting a business-mentor, one should consider if the mentor has experience in your chosen field. Is he/she experienced in the mentoring process? Is there a visible track-record?

Take a look at how the mentoring process is structured. Is it easy for you to ask questions and get the details you need on important business details?

Take the first step towards building a healthy relationship with your mentor by isolating what you are wanting and when you want it by.

Statistically over 90% of new businesses fail within the first 5 years. Considering this strong dose of reality can help you appreciate the role of interacting with your mentor and getting your business up to full power asap. How can you even consider the "crash and burn" approach when you are sincere about your success?

While many business owners attend business seminars and online membership programs, it is much quicker to learn when you can spend personal one on one time with your mentor and address your concerns specifically. In life we often learn by trial and error, it can save you years and lots of grey hair when you quit doing things the hard way and gather the wisdom and business techniques from others who are truly successful.

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