What to Look for in a Good Business Mentor

How New Business Owners Can Choose the Right Business Mentor

Opening a new business can be both a stressful and exciting time - making the right decisions to grow the business can be tough. Luckily, business owners are not alone. A great resource that entrepreneurs can use is finding a good business mentor to help guide them through tough decisions and other hurdles in the business world. Here are some tips for finding a great business mentor.

What is a Business Mentor?

A mentor is a professional who ideally works in the same field as the new entrepreneur. These individuals are knowledgeable, successful, and have made a lot of the same decisions that new business owners make. The great part about these mentors is they are available for individuals to consult with for guidance on different topics without asking for anything in return. These mentors can be a great asset to any entrepreneur looking for sound advice from someone in their field.

Choosing a Great Business Mentor

When looking for a mentor, it is important to keep a few key points in mind. First, make sure to look for someone who is involved in the same field as your own business - it would not make sense for a restaurant owner to seek advice from a successful stock broker for example. It is important not only to find someone in the same field but also someone who has been successful in that field. Most importantly, find a professional who is personable and willing to offer their expertise.

How to Find a Business Mentor

There are a number of ways for individuals to find a great mentor in their field. One of the first places to look is within your own network, such as co-workers or supervisors who were inspiring and helpful when working with them. Also, look for trade organizations within the businesses field - many trade associations offer mentoring programs and can match a new owner with someone of a similar background.

Business mentors can be an invaluable resource for new business owners, helping them by providing advice on running a successful organization and guidance when it comes to making tough decisions. Ultimately, the business owner is solely responsible for the company's success, but teaming up with a mentor can help point them in the right direction. It is a great way to avoid common mistakes and get started out immediately on a fast track to success.

Stacy O'Quinn has served as a small business mentor for dozens of people. Learning from the likes of Dani Johnson and Jeff Usner, he has created his own legitimate home business producing a six figure income every year! If you would like to contact Stacy to become your mentor, please click here.

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