The Advantages Of Having A Business Mentor

by Mel Kaario

Struggling on alone in your business through a succession of costly mistakes is both frustrating and demoralizing.

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 you choose a business mentor, be sure to check their experience both in business and as a mentor. Does the person have a proven 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?

Only when you isolate what you want and why you want it can you confidently move forward. The more you know what you want, the easier it is to achieve it.

Did you know that over 90% of new businesses fail within the first 5 years? You can see that there is a 90% chance your business will fail also. Are you using the same “crash and burn” approach most businesses use or are you one of the few who learns from others who are “in the know”?

While many business owners spend time learning new techniques and strategies, often the approach is fragmented. It’s easy to move a little in many directions without getting any results. Working with a mentor can make your life a lot easier as a good mentor will have a strong overview of your business and the steps you can take to get the results you are wanting. Trial and error approaches can cost us a lot of money and time in the long run.

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