As a business owner or an entrepreneur, though it is not necessary, but it is extremely important you have a mentor for your business. It could be someone who mentors you directly or it could simply be someone you follow on social media or anywhere and you learn from. Having a mentor helps you learn and grow your business. A mentor prevents you from making certain mistakes.
Importance of having a mentor in your business
- Thread starter eldavis
- Start date
The main importance of the mentors on business is that they offer the accurate guidance on how the business policies should be implemented and effective decision making on the operation of the successful businesses.
I think it is nice to have a mentor for your business so that s(he) can share his/her experience with you. However, it is not a must for a business owner to have a mentor. The business owner should know the industry well and have done thorough research before setting up his/her business. S(he) can seek help only when necessary.
A business mentor would help to guide you based on their own experiences in the business. They offer you support and assistance with valuable connects that can help the business grow.
They are normally called consultants and they do a post mortem when something goes wrong apart from doing market research.
Having a mentor is beneficial for business owners, but it is not a must. You can also make progress on your own by educating yourself about business and gaining experience.
