Why Every Entrepreneur Needs a Mentor

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Being a young entrepreneur, it’s easy to dismiss the idea of needing any help and lead believing you’re the bee's knees. However, this is not the way forward as it’s important to have a mentor to turn to in times of need. In order to advance as an entrepreneur and take your business to the next level, it’s key to have someone to turn to and talk to when you get stuck.

Firstly, it’s important to have a sounding board. Having someone who you can bounce ideas off and gain reliable feedback from before making some decisions public is useful when devising new business plans. A mentor who you can trust to hear your ideas out completely and give you honest and relevant advice based on previous experience.

It’s key to have someone in your corner, motivating you to carry on when you feel like giving up. Being an entrepreneur can be lonely without having the necessary support around you. Having a mentor who has been in your shoes and can empathise with you and the situations you’re in is comforting. Everyone needs someone who can pick you up and brush you off when things don’t go the way you want them to, which unfortunately can happen a lot as an entrepreneur.

Who better to learn from than someone who has been there and done it? Learn from your mentor’s mistakes as they may have been in similar situations to you and learned valuable lessons which they can teach you to ensure you pick an alternative route in your business. Through sharing stories with a like-minded mentor, you can find out what business strategies possibly worked for them and utilize this valuable insight and replicate it in your own work.

A good mentor can actually be of more value than a decade of education. You can study business techniques and strategies from a textbook all you like, but there is nothing more valuable and useful than learning from an experienced mentor who can personally aid you and guide you in ways specific to your own business.

Mentoring isn’t just a new concept for entrepreneurs, mentoring relationships have existed all throughout history. From Plato mentoring Aristotle to Gandhi mentoring Martin Luther King Jr to Mel Gibson mentoring Heath Ledger; some of the greatest minds and talents have had like-minded mentors to learn from.

So swallow your pride and seek a mentor who you can gain valuable insight from. It isn’t a sign of weakness or giving up; admitting you need help and someone to learn from will only help your business in the long run!

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