Seven Reasons Why You Should Have a Mentor4:42 AM
There are almost too many reasons to have a mentor. After reading this, you will wonder how you did it to get by without it! Why is it good...
There are almost too many reasons to have a mentor. After reading this, you will wonder how you did it to get by without it! Why is it good to have a mentor?
1. Get emotional support if neededBeing an entrepreneur can turn out to be quite a lonely experience. Often, the colleagues we work with are not the people we can trust. We will never talk to employees or clients about our financial situation, nor will our accountants be emotionally involved when it comes to keeping our books. Eventually, even a spouse, family members, and close friends will get tired of hearing about your business. Over time, anything that seems remarkable or conducive to a change of life for entrepreneurs becomes annoying for their support network.
It is, therefore, important to have a mentor who plays a supportive role. The ins and outs of finances and the proper way to deal with the unknown can often seem too heavy for the shoulders of a single person.
Also read: How To Invest Money Wisely For Beginners
2. Making better business decisionsStatistics have proved that two heads are better than one. When a team passes a test, as opposed to a single individual undergoing the same test, the team almost always gets a higher score. The same reasoning can be applied to business decisions. Decisions you make with your mentor will make more sense. For example, you can make your own sales forecasts, but it is possible that your mentor's predictions are different. The average of these two estimates will often be closer to the actual outcome.
3. Have an overview of the issueAn outside person can see a situation more objectively and clearly. She is not emotionally involved, and she will not get lost in the details.
In large companies, the use of consultants, recruitment of outsiders, and redistribution of senior management are precisely tactics used to achieve this objective view. Mentors are an excellent solution for the owner of an SME who can not see his company objectively since he works there every day.
4. Reduce the learning curveMentors are often chosen based on matching the entrepreneur's needs with their experience. In most cases, these mentors are retirees, entrepreneurs or entrepreneurs who have decided to help other entrepreneurs.
Benefiting from the advice of a mentor who has a vision and knowledge from his/her previous experience and who can recommend resource persons from his or her entourage will help you dramatically reduce your learning curve. If you do not know how to do a thing, you will not have to do so many trials and errors. All you have to do is go to your mentor who, for his part, will already have been there!
5. Learning how to get along with othersWorking alone and being his own boss has advantages. You have control. You make decisions, and you go ahead without worrying about the opinions of others. However, this independence can sometimes erode essential qualities such as the ability to be humble, to listen and to integrate into a team. Eventually, you will have to work with investors, customers, and suppliers. You will have to act as a teammate. Working with a mentor can help you maintain, and even improve, this set of skills.
6. Obtain more relevant and more appropriate recommendationsYour instructor believes in you. Otherwise, he will not give you time to help. This makes him a member of your circle of admirers, who will talk about your business to other people.
You choose a mentor because this person is respected in your industry and because many people turn to her for advice.
When your mentor talks about your company to others, they respect the favorable opinion it has of you. Thus, the recommendations will manifest themselves naturally after that.
Also read: 4 Multitasking Mistakes You're Screwing Up Your Productivity
7. Ensure the application of best practicesWhen you solve a problem with your mentor, you learn how to deal with similar problems that arise later.
Learning by reading or watching videos provides a retention rate of up to 20%. On the other hand, working with a trainer or mentor increases your retention levels to 75% or more, and prepares you for the future.
So what would be the first recommendation of a good guide? Find yourself a mentor!