Sunday, October 13, 2013

Choosing A Business Mentor

By Angela J. Stennis


Finding the right business mentor is critical and can be made easy. The success of your business can rest on the coaching that you get, and your finances can rise and fall with food and bad advice. A combination of preparation and simple approaches to selecting the most suitable mentor for you will help ensure that your business mentor provides long term benefits for you and your business.
[Business Mentor]


Working with a mentor who has much experience is always advisable. This allows you to learn from your mentor and may help you avoid making the same mistakes your mentor had made in the past, saving you much time and effort as well as financially. You always need the expertise and guidance that only an experienced mentor can contribute to.You want to find a mentor who is willing to put in the time to not only teach you what needs to be done in order to build a successful business but also someone whom you can reach out to anytime you need help. Having a mentor whom you can talk to will aid in alleviating much stress. From day-to-day issues to major problems, you should be able to look to your mentor for being a source of guidance.

Accountability - the main steps in mentoring are to identify the issues/areas to improve, put a plan in place and ensure that the plan is implemented. Most mentor assignments that I take on with clients last 3-6 months. Putting a plan in place is the easier part of this process. Making sure the changes are made can be a bigger challenge. This is where the mentor plays a key role as the business owner gets 'homework' to do and knows that the mentor will be along again soon to review this work.

Expert knowledge - most owner/managers worked in the business as a haidresser or architect before starting their own business. They will have picked up other skills along the way but there may be some gaps in their knowledge. Many mentors will have experience of finance, sales, marketing, strategy, HR etc. so they can help plug any knowledge gaps that the owner may have.

gateway to ensuring your business moves forward in the right direction. Who would not want advice before making a crucial decision or support when things are getting tough? Working hand-in-hand with a mentor allows you the freedom to make all decisions with the support of a very experienced and knowledgeable individual. Enrich your business by utilizing the support and judgement of a business mentor today.Network marketers want to build big downlines for leveraged income yet many struggle for this kind of success and most fail completely. Why is that?

All good business mentors will be happy to meet with you to talk through your business and mentoring needs. The meeting helps both parties find out if you can work together and create a mutually beneficial outcome. After the meetings go back to your criteria and ask yourself which of the people you have met would help you the most. Ultimately you need to assess this before you look at their costs and timeframes, mentors who charge less likely do so for a reason.

Picking a business mentor is a long term decision, so taking these steps is a good investment for you and your business. Importantly your investment is one of time rather than money. Once you have identified someone who you feel can really help you, ask them how they propose to work with you and at that point be clear to them about your budget. Having followed this process it is likely that you and your preferred mentor will find a way to work together that suits both parties as well as your budget. The art of haggling lives on in these kind of personal negotiations, try your luck on.




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