Although MLM mentors can fill any number of different roles, all mentors have the same goal in common – to help someone achieve their potential and discover their strengths.
Potential successful business owners need assistance from others who have an intimate knowledge of how a business works.
Many new small business owners will try to get that information from business books and classes. While this approach may be helpful on its own, it can be even more beneficial alongside a business mentoring.
An established business owner can provide a business mentoring relationship with one-on-one advice and boost morale.
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A mentor’s goal is to share those business experiences, promote self-esteem and help find ways to achieve a successful business and provide new ideas.
One of the biggest benefits of having a business mentor is building self-esteem to encourage moving forward with your business, having someone you can ask questions and getting advice. Family and friends can be supportive and provide good advice, but often times it is more advice than what you ask for.
A mentor can help sort out which advice you should follow while advising you on more complicated business matters that others have no experience or knowledge of. They can also assist at looking at problems and situations from a different perspective than your own. A new business owner may have trouble looking at the business through the eyes of a customer.
A business mentor who has dealt with this can often help to relate to how the business will appear to other individuals. A mentor can help establish career goals, develop stronger communication and problem solving skills and provide steps to realize them.
A new business owner benefits from a mentoring relationship because there is someone with greater knowledge and experience to turn to for advice.
A mentor doesn’t do the job for you but can demonstrate the tasks and provide guidance through solving a problem and developing stronger communications. Mentors can provide tips on career growth and introduce you to other business professionals in your field.
As the business career matures the mentor may remain a valued adviser to your business and may further lead to long-term benefits as the business becomes more self-directed. This allows for a business to become more creative and focus its attention on growth.
Mentors themselves also gain from a mentoring relationship. The opportunity to teach or advise another can increase the mentor’s confidence and own job satisfaction. The mentor should listen to the concerns of the business owner and develop a better understanding of the issues.
A mentor can also benefit as a way to improve their own business skills and expand their reputation and connections.
A mentor, being an experienced businessperson, is likely to have an extensive network and can offer access to far more decision-making. They will be far more willing to open that network up to you as your relationship develops than some casual acquaintance from a networking meeting.
Mentored business owners value collaboration and the sharing of information, which can lead to a stronger business.
Those mentored are also more apt to become involved in professional organizations that further both their business and career.
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Thanks for hanging out. I’ll see you in the next blog post. Cheers!