Managing a Small Business: Don’t Try to Run a Business Without Having a Mentor
By Paula Pant Posted: 10/16/14 Updated: 11/10/17
In addition to helping large Fortune 500 companies, #mentoring is beneficial to small businesses as well. For Entrepreneurs, There Are Some Questions You Just Can’t Research Online
You’d love to become your own boss. You’ve always dreamed of starting a cake business, running your own car dealership, or launching a consulting practice.
Lately, that dream has morphed into a plan. You’ve built some savings. You’ve carved out a home office. You have approval from your spouse.
But there’s one incredibly important piece of the puzzle that you may be lacking: a mentor.
Why a Mentor?
You can read all the books about writing business plans, managing self-employment taxes and filing LLC paperwork. You can study the biographies of the leaders in your field. But unless you have a trustworthy person who can provide direct feedback that’s unique to your situation, you won’t be able to improve as quickly or as well.
Mentoring is essential in any field. If you’re a software programmer, meet with your mentor monthly to ask whether you should stick with JavaScript or learn Ruby on Rails. If you’re a professional writer, send your mentor one article per month and ask for feedback on style and tone. If you flip houses, show your mentor your operating budget and request advice on how to manage contractors.
So where can you find a mentor? To read the rest of this article click here.
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