Running your own small business or network marketing business might just be the best choice for you and your family. But it takes hard work to build your own business. You can choose to go at it alone, making mistakes along the way. Or you can choose to use a mentor that can help you succeed without making nearly as many mistakes along the way. Here are a few reasons why mentorship is important for small business owners.
Benefits of Mentorship for Network Marketing / Small Business Owners
Mentors bring experience
This is the experience of successfully building a business. Working with someone who has done it before, and done it for themselves, will instill the confidence you need to do it too. The experience mentors have will save you time not making your own mistakes and set you on a path that already worked for someone else.
Mentors know people
As mentors, they’ve been in this business longer than you and will, therefore, know more people. Mentors bring their book of connections with them wherever they go. If they know someone who you can benefit from connecting with, mentors will do what they can to make the connection.
It is still your business
And you will still run it from top to bottom. A mentor will share their experiences, give you advice, help you establish connections, and more, but he/she will not run your business for you. So you get the best advice from an experienced mentor but you still make the final decisions for what’s best for you and your family.
As entrepreneurs and business owners, we spend a lot of time on our business dealing with sales, marketing, structure and other essentials aspects. Mentorship often gets left behind, because we assume that it doesn’t matter as much. However, Inc. reports that 70% of mentored businesses survive past the critical 5-year mark. With these numbers, you can’t deny that mentorship matters – and it’s working. If you are an entrepreneur looking for a mentor or the owner of a network marketing business, don’t hesitate to reach out Alan from AdvancingWithUs. As a self-made entrepreneur and business coach, he has helped thousands of people change their lives over the past 25 years. Learn more about Alan and take the next step towards mentorship and business success.