Would you like someone to help you achieve the goals you have set for yourself in less time than it would take you to achieve them alone?
And feel accompanied by someone who understands you and with whom you can consult your business questions?
What is mentoring?
According to Harvard Business Essentials, mentoring is the offering of advice, information, or guidance by a person known as a mentor – and who has certain experience and skills – for the benefit of another person’s personal and professional development.
Mentoring therefore accelerates the process of personal and professional development through the support of the mentor, who is a person with greater experience and accumulated knowledge.
Now you know what mentoring is!
Being mentored means having the help of a professional with knowledge that will help you achieve your goals.
What should entrepreneur mentoring be like?
For good mentoring, you must choose a mentor with experience, who you trust, and who is qualified to do so. A business mentor is a person who guides you, advises you, and shows you the way to achieve your business goals.
This person who acts as a mentor must have a certain profile. Ideally:
- With good training and experience in different company profiles and sectors.
- Emotionally balanced, patient, and with a great capacity for self-control in tense situations.
- With the ability to detect the causes of the problems that the businessman has, establish strategies, and make decisions that improve his results.
- A clear positive mental attitude allows the entrepreneur to convert his weaknesses into strengths for his company.
- With a great interest in helping people and improving their quality of life
- With the ability to positively influence and inspire people to act to achieve their goals.
- With good communication skills that allow you to transmit and inspire the entrepreneur.
- Empathy and the ability to convince are necessary to help entrepreneurs develop their self-esteem and improve their quality of life.
- Honesty is a value that should always accompany you and that should allow you to correct and be patient with the utmost respect and education. But this does not mean that you should stop being demanding.
- You must lead by example with continuous improvement that is challenging and also inspires the entrepreneur.
What is an entrepreneur mentor?
We can define the mentor in many ways, but I like to define it as the guide or advisor who contributes all his knowledge and experience to help the personal and professional development of other people .
The mentor, due to his experience, has already been through what you are going through now, he has already faced the problems that are holding you back, so there is no one better than him to advise you when you are in a moment of uncertainty or your business is not going the way you want.
A business mentor will not only analyze your current situation and give you various options, but will also advise and accompany you on the path you have chosen to follow.
If you want to know my motivation to be a mentor for entrepreneurs like you, I recommend you read this article where I explain it.
How a good business mentor can help your business
- You increase your talent and that of the people in your company who interact with the mentor to help you achieve your goals.
- You improve the quality of the knowledge that your mentor transmits to you because it is the result of proven experiences that have yielded good results when applied in other companies and other sectors.
- Mature your business organization through fluid communication, generating a climate of trust and collaboration.
- It allows for greater team motivation. The dialogue that is generated stimulates people by reinforcing their self-confidence and improving their self-esteem.
- Improve your leadership skills through a transformation in your leadership style that inspires and facilitates the achievement of your goals.
- The learning and development curve of your business project is accelerated, making you much more competitive.
- It helps you to be more efficient and accelerate your business project by improving your competitiveness. This way, you can achieve your business objectives in advance.
- It saves the entrepreneur a lot of time and costs by speeding up the entire learning process to achieve the set goals.
- Errors are minimized and the efficiency of the strategies that are prepared to act and achieve your purpose is improved.
Why do you need a mentor for your business? Main benefits of mentoring
A common feeling among entrepreneurs is loneliness. You have surely felt alone more than once when faced with decisions that were key to the future of your business. In those circumstances, you would surely have appreciated having someone who would not only listen to you but also offer their experience to indicate the best options for moving forward.
If you still think that you don’t need a business mentor by your side, I’m going to give you 5 reasons to change your mind:
Consulting
The mentor will be your personal advisor from the moment you start working together. He or she will share his or her experience with you, teach you how to evaluate possible decisions you may make and take into account the possible consequences of these decisions, so that you are prepared to correct course if necessary.
Motivation and confidence
The goal of a good mentor is for you to succeed.
A good mentor will always offer you encouragement and support in the decisions you make, as well as giving you their opinion on them based on their experience. They will help you get out of your comfort zone, celebrate your successes with you and help you minimize risks. They will also be by your side in failures, not allowing you to give up and offering you solutions to transform your bad times into good ones.
It will give you the confidence to deal with difficult business situations.
It will teach you when you made good decisions and will explain how to learn from negative experiences of the past so as not to make certain mistakes again.
All this will increase your experience and knowledge , gaining more confidence and motivation in your business.
Address
Your mentor will teach you how to become the leader your company needs you to be, as well as providing you with the tools necessary to enable you to manage and direct your business successfully. He or she will identify your needs and will tell you what you should do at each moment.
Network of contacts
A business mentor with many years of experience in mentoring has a treasure for any entrepreneur: his network of contacts.
You can be sure that almost any need you may have to expand your business through agreements with other companies will be facilitated by your mentor through his or her contacts or through collaborators of theirs.
Commitment
Just as you would look for a mentor who trusts you and your business, you must show that trust and commitment to him.
The trust between mentor and entrepreneur must be total, otherwise the time spent working together will be wasted. The mentor will be involved with you from the beginning, bringing his years of experience and knowledge of business issues, so you must commit to him 100%. After all, it’s about taking your company to the top, right?
Relying on a business mentor is not a discredit to you as an entrepreneur. It is a very common figure in the business world; great businessmen such as Mark Zuckerberg, founder of Facebook, or Bill Gates, co-founder of Microsoft, or even Steve Jobs himself, founder and CEO of Apple, have had a mentor at their side.
Perspective
A mentor understands the process of success in the field where he advises you much better than you do.
Understand the processes, policies and impact of decisions on the organization and its environment.
It can help you solve situations from perspectives you never considered before.
Experience
Your past experience will be a great source of information on what to do and what not to do.
In addition to simply giving advice and helping you improve your business skills, it will also help you define good strategies.
In order to establish methods to follow for the proper functioning of your business.
Analysis
To be successful, the most important thing is to analyze and control your accounts.
Only in this way will it be possible to evaluate the business and understand the steps to follow to improve day by day.
A good mentor will hold you accountable so he can analyze what really works and subsequently improve what has not obtained the expected result.
It will help you control all your costs and expenses so you can correctly calculate the profits you obtain.
