PART 4 (How To Establish A Successful Business Empire)
- Post By Grace Alonge
- 8 months ago
Now that you've investigated the market and you already know about the basic needs to be satisfied, you need an experienced mentor or coach for advice, help and guidance so as to succeed. Mentorship is very important in your decision-making process.
Lets tackle that question in your mind.
"Why do I need a mentor or a coach?"
Do not forget that here, you're still an inexperienced entrepreneur and you're still trying to build great ideas that people will be willing to pay for. Therefore, you'll need an experienced fellow who had been in a similar situation before and managed to pull through every predicament to influence, guide and direct you to take specific steps that will result in positive outcome for your business. Someone who can guide you by passing on lessons learnt from his/her own experiences thereby making you avoids similar mistakes in your own entrepreneurial journey.
Someone once asked me, "Is it so necessary to get a mentor? Wouldn't I be able to scale through myself without anybody's help?
I smiled and answered her simply. "There's a greater probability for your business to flop before even starting at all when you refuse to learn from other people's experiences."
You might probably be wondering as well...
Why is it so important to get a mentor?
According to studies, about 70% of mentored businesses survive more than five years which is double the rate of their non-mentored counterparts.
Mentors offer important recommendations and instructions to help you to access right opportunities you might not have identified on your own before.
They help you get connected with the right people.
They help you learn how to make right decisions.
mentors will help you to polish and harness the interpersonal skills that are essential for interacting profitably with clients, viable startup partners, other entrepreneurs, and potential investors.
If I have seen further it is by standing on the shoulders of giants.” Isaac Newton.
Mentors are like stepping stones for you to attain your desired in that business you want to venture into.
"If I hadn’t had mentors, I wouldn’t be here today. I’m a product of great mentoring, great coaching… Coaches or mentors are very important. They could be anyone – your husband, other family members, or your boss.” Indra Nooyi, CEO of PepsiCo
Mentors give guidance and advice based on real world experiences to aid your development.
"Advice is like snow; the softer it falls, the longer it dwells upon, and the deeper it sinks into the mind.” Samuel Taylor Coleridge
Every of the successful entrepreneurs you see today were mentored as well. They are products of great mentorship. For instance, Mark Zukerberg was mentored by Steve Jobs, Bill gates by Warren Buffet, Richard Branson by Freddie Laker and Oprah Winfrey by Maya Angelou
“For every one of us that succeeds, it’s because there’s somebody there to show you the way out.” Oprah Winfrey
According to Bob Proctor, A mentor is someone who sees more talent and ability within you, than you see in yourself, and helps bring it out of you