Are You A Business Owner Without A Mentor?

By Mel Kaario

Making costly mistakes while you "struggle forward" in your business can cause you sleepless nights and a loss of morale.

The old principle of learning by trial and error can certainly be an option, provided you have endless determination, lots of time on your side, and no shortage of spare cash to finance your mistakes! There is also a high risk of becoming disillusioned, losing focus and consequently joining the endless numbers of people who having tried and failed, throw in the towel and walk away.

Stop and ask yourself if you really want to keep making costly mistakes or if you would be better off investing in getting knowledge and wisdom from someone else who knows more about your business than you do.

When selecting a business-mentor, one should consider if the mentor has experience in your chosen field. Is he/she experienced in the mentoring process? Is there a visible track-record?

Take a look at how the mentoring process is structured. Is it easy for you to ask questions and get the details you need on important business details?

Take the first step towards building a healthy relationship with your mentor by isolating what you are wanting and when you want it by.

Statistically over 90% of new businesses fail within the first 5 years. Considering this strong dose of reality can help you appreciate the role of interacting with your mentor and getting your business up to full power asap. How can you even consider the "crash and burn" approach when you are sincere about your success?

While many business owners spend time learning new techniques and strategies, often the approach is fragmented. It's easy to move a little in many directions without getting any results. Working with a mentor can make your life a lot easier as a good mentor will have a strong overview of your business and the steps you can take to get the results you are wanting. Trial and error approaches can cost us a lot of money and time in the long run.

About the Author:

For 18 years, Robin J. Elliott has consulted with business professionals around the world and is now offering select business professionals a Business Mentoring Program in Vancouver, Canada. This is a powerful and exciting chance to learn from Mr. Elliot's vast experience as a business mentor.