5 Reasons You NEED a Mentor

You may think you can do it ALL on your own, but doing business can be overwhelming and confusing. Maybe it's time to reconsider...

 5 Reasons you NEED a Mentor

Around 90 % of startup businesses fail, but the statistics vastly improve with startups that have mentoring along the way.  I have been incredibly fortunate to have had amazing mentors in my life.  I can honestly say that I would not be where I am in busin

Reasons you need a mentoress today, if it weren’t for the support and education that my many mentors have provided.   So, why do business owners (and everyone else for that matter!) need a mentor?  Here are five simple reasons:

Accountability

A mentor will hold you accountable. Business owners often neglect important aspects of their businesses, such as the pieces we don’t know enough about or don’t like doing. A mentor will hold you accountable for your actions, help you set realistic goals and support you in realizing those goals. Sharing of your goals with your Mentor means that if you don't meet them, your mentor will want to know why.

Objectivity

After a while, you find that you don't see the business with the same clarity that you used to. A mentor is able to offer you a new point of view. As your business grows, at some point it will plateau. A good mentor will bring a new prospective, as well as new ideas, to help move your business forward.

Support

A mentor is a trusted advisor.  He or she is available to discuss problems and find solutions. When you rely on a mentor, you have a great sounding board of ideas. Your mentor will educate you, so you thoroughly understand the ideas and principles, and can implement them in your business.

Expertise

A good mentor has a wealth of business experience to help your business grow. Are you advertising in the right places?  Am I maximizing repeat clients? A good mentor has knowledge and can offer you sound advice from his experience. A good mentor is willing to teach what he or she knows, which speeds up your learning curve and cuts downs on crucial errors and mistakes.

Contacts

Usually mentors are well connected. When you need contacts for your business, equipment, investment advice, or industry experts, your mentor has the contacts or knows where to find the information.

 If you don't have a mentor, think about who in your life you would most like to be like and go ask him or her!