Advertising

Are You A Business Owner Without A Mentor?

| Print |

E-mail

Written by Mel Kaario

Monday, 07 July 2008

Many business owners struggle and make costly mistakes which cause frustration and a decrease of passion for their business.

by MelKaario

Many business owners struggle and make costly mistakes which cause frustration and a decrease of passion for their business.

If you possess endless determination, lots of time and an abundance of spare cash then you can definitely pursue learning by trial and error. However, even if you are part of the minority in this position you still risk becoming disillusioned, losing focus and joining the majority of business owners who have tried and failed.

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.

It's important to choose a business mentor that has a proven track record both with business and business mentoring. Experience in your chosen field is an advantage.

It's also important to consider how the mentoring process works. Is there an easy way to ask questions and to discuss potential solutions to problems?

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

Did you know that over 90% of new businesses fail within the first 5 years? You can see that there is a 90% chance your business will fail also. Are you using the same "crash and burn" approach most businesses use or are you one of the few who learns from others who are "in the know"?

We all know that spending one on one time with a teacher is the fastest way to learn something. Consider learning how to use a new computer program via a manual or a friend who shows you the ropes, which would you prefer? And which way do you think is most effective? One very helpful ability for any business owner is to conserve energy. When we quit learning by trial and error we can save all the emotional energy that comes with losing money and making mistakes.

About the Author:

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

Only registered users can write comments.
Please login or register.