Who are business mentors? They are the people who have been there, done that and have seen and experienced it all. Still, there are numerous entrepreneurs who start their journey in the business world without a mentor. It is not surprising to know this because we live in an age where instant gratification has become a priority so a number of young entrepreneurs don’t feel the need for a mentor. There have been arguments that entrepreneurs should rely on their instinct and gut feeling and not seek someone to guide them, but the fact is that even the most renowned and successful businessmen in the world had mentors.
Therefore, if you are planning to launch a startup, it is recommended that you find someone to mentor you. Still unsure? Here are the top reasons how a mentor can help you in achieving entrepreneurial success:
Gain experience not available in book
It is a fact that experience is an invaluable asset for every entrepreneur and it is crucial for achieving business success, entrepreneurship & mentorship. While books are an excellent source of knowledge, they cannot provide you access to anyone’s experience. This is because a lot of authors don’t feel like sharing everything about themselves in books. Mentorship, on the other hand, is a one-on-one connection and people are more likely to open up and share personal experiences than in books.
Chances of success are high with a mentor
According to a number of surveys and research, having a mentor increases your chances of success. Having the right mentor can amplify your chances of success in business and life. Why? This is because the right business mentor can provide you with timely advice, valuable connections, and occasional checks combined with moral and spiritual guidance.
You get networking opportunities
One of the biggest benefits of consulting a mentor is that they have built up a huge network of people and can recommend you to them, which benefits your career. It is a given that investors are more likely to trust startups that are recommended by people they know. Mentors let you tap into their network and take advantage of it in order to move ahead in the business world.
Get plenty of reassurance
Young entrepreneurs will benefit from a positive impact when they receive quality mentorship. Having someone who shares your concerns with you, gives you guidance and also placates your worries and fears due to their years of experience can be very reassuring. Self-confidence is essential if entrepreneurs wish to succeed and mentors ensure that entrepreneurs can tap into it when they are feeling down.
Develop a stronger EQ
You cannot become a successful entrepreneur without emotional intelligence. Young entrepreneurs are more likely to be able to gain control of their emotions when they have a mature and successful mentor to provide them with guidance. Mentors teach entrepreneurs how to react in situations in order to avoid letting emotions make any decisions for them.
Thus, having a mentor can go a long way in aspiring entrepreneurs achieve success.