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In today’s rapid pace world, entrepreneurs are expected to do more of everything to help the startup succeed. Often this means being more focused and knowledgeable with less support and fewer resources. And an entrepreneurs journey of ups and downs can be potentially lonely. If you’re feeling the pressure to keep up, learn continuously and utilize your talents simultaneously, you’re not alone. This is where you need to recruit a mentor who can potentially be the key difference in your startup succeeding or failing.
A mentor can be useful in many things. For some people a mentor is someone who gives you the occasional useful tip. For others it’s a person who gives you support, knowledge and encouragement to help you achieve your startup dreams. Whatever it is you’re looking for there are serious benefits in finding someone to help you short cut the learning process and fast track your possible success.
A mentor should be someone who has more life experience than you; someone you aspire to be like or who you think shares your morals and values. If you can find the right mentor, you will find yourself receiving key invaluable benefits both for yourself and the startup.
Here are twelve benefits of having a mentor:
1) Networking: Finding a mentor who you aspire to be like, within your chosen profession also helps you add additional people to your network. It’s highly likely that should your mentor not have the answer to a question or problem, then someone they know will. They can introduce you to like-minded people and some of these people could be valuable connections throughout your career.
2) Startup progression: Having a mentor is a great way to find out about new resources in either product development, marketing or distribution as they may know about these resources before you need them and should be willing to give you an introduction to any potential vendor or partner.
3) Honest feedback: If you have an idea for your business or product then having a mentor to bounce these ideas off of can help you plan and organize how to put them into action and make them a reality. Your mentor may be able to see potential pitfalls and opportunities that had not occurred to you, which could be the difference between success or failure.
4) Accountability: Motivation can be a hard thing to manufacture but telling your mentor you’re going to achieve something and setting a goal means you have someone to hold you accountable to these goals. This means you’re more likely to take action and will therefore see results quicker.
5) Problem solving: If you are having a problem at work a mentor can give you helpful advice to navigate the problem in a professional way. Their experience and insight can stop you from making mistakes and can give you the answers more quickly rather than you having to waste valuable time and money working out the right way to handle the situation.
6) Perspective: Asking friends and co-workers for help when you’re struggling can be helpful but a mentor is likely to give you an entirely different perspective from anyone who knows you personally. They can offer you impartial advice from a professional point of view, which may help you see opportunities and challenges from a more constructive perspective.
7) Personal development: Building a network of influential people who you can call on and that add value to your experiences is a great way to continue your own personal development. Talking through things with people more experienced than yourself can help you to learn and grow quicker. It is said that you are the sum total of the five people you hang out with the most, so who are your five people?
8) Sharing success: A mentor is not only handy when you are having a problem at work. Sharing your successes with them can be hugely rewarding for them as well as for you, and can help you find ways to build on this success in the future.
9) Focus: It’s all too easy to get distracted these days so having someone to help you stay on track and focus your attention on the important things will help you maintain your personal growth and smash your professional targets.
10) Mentoring others: Having a mentor guide you through your career is a great way to learn how to be a mentor yourself. Sharing your knowledge and experience can be massively rewarding and may open up opportunities to you as well as the person you are mentoring.
11) Confidence: We all want to be more confident. A mentor who really knows you can know when to push/pull you, as well as to reward you with praise, helping you learn to make little decisions well, then coach you on making big decisions.
12) Listening: Of all the skills you might acquire in your lifetime, listening is one of the hardest to develop. A mentor can help teach you how to be calm in communication situations and listen to to others in order to gather the facts before jumping in with hasty comments or worse, bad decisions.
If you want to hedge your bet on your entrepreneurial and life success, then get the best mentor you can find.
June 10, 2019 at 06:23AM
Forbes – Entrepreneurs