Starting your own business and becoming an entrepreneur is an exciting time. It’s exciting to call yourself the boss, to create something new, and to help others get a service or product that benefits them. However, going at it alone without any prior experience can lead to mistakes. And frequently, these mistakes will result in a failed business attempt. Here are a few reasons why hiring a mentor is important to avoid the pitfalls of starting your first business.
Why Mentorship Matters
Mentors bring experience and knowledge to the table
A good mentor is one who has been successfully running their own business for awhile and can offer valuable lessons in business. Hiring a mentor from the same or similar industries ensures they will bring to the table knowledge that you haven’t yet learned about running a business in that industry.
Mentors are there to create professional and personal growth
Mentors are good at seeing our faults more clearly than we see them ourselves. That is a good thing though because it helps us as entrepreneurs grow when someone is in our corner giving us advice along the way.
Mentors provide encouragement and during good times and bad
Not every day of business is going to be a great day. When first starting your own business, the uphill battle can be a struggle. Mentors are there to offer encouragement along the way, to help keep you motivated when you’re down and keep you going when you’re up.
Mentors know people
Mentors have been in business longer than the entrepreneurs just starting out, so it’s only natural that they know more people. Your mentor can connect you to the right people in your business or line of work, and direct you to the places to go to start making those connections too.
Without mentorship, success is possible. With mentorship, success is much more probable. With mentorship, you can use other people’s mistakes, lessons, and strategies that worked towards your business without nearly as much trial and error. Consider hiring a mentor for your new business today and learn how Alan with AdvancingWithUs has been a successful mentor and business owner for the last 25 years.