A mentor is a key to business success, no wonder Isaac Newton said, “If I have seen further, it is by standing on the shoulders of giants.” Newton who is reputed for his great discoveries in the field of mathematics, physics, and astrology, most notably for his postulations of the laws of gravity, is considered to be one of the most intelligent men that ever lived. One noteworthy thing about his statement above is the recognition he gave to those that came before him which contributed to his highly successful career in science.
The help and guidance of those that came before us are always very important to ensure success in any endeavour that we embark upon. In fact, it forms the basis for the formation of our formal education system where knowledge and experience are passed on from a teacher to the students.
This also holds true in business, as a mentor plays a vital role of providing a shoulder for you to stand on. This helps you to see farther and plan better and reduces the risk of failure.
According to the Merriam-Webster dictionary, a mentor is “someone who teaches or gives help and advice to a less experienced and often younger person.” For a business person, he/she must be someone who is well experienced and knowledgeable in that area of business, someone you can look up to and emulate in order to also become successful.
The person should have something to offer in terms of advice and encouragement that will help you avoid certain pitfalls and follow an established path to success. You should also be able to meet him/her, have a talk with the person so you can learn lasting practical lessons from these close moments of interaction, just like in the case of the rich dad and Robert Kiyosaki in his book “Rich Dad, Poor Dad.”
It might seem unimportant, but getting a trusted experienced adviser is an important step that every entrepreneur must take, especially when starting out on a new venture, it might be the determining factor between your success and failure in business.
• Learning the ropes: Sometimes, making a start in business is usually very difficult and confusing as you may not know where exactly to start and how to proceed, you will need a coach to provide the guidance.
• Gaining experience: Having a good, all-round knowledge of your business is a prerequisite to business success. This kind of in-depth understanding of your business can only be shared by someone who is well experienced in the same or a similar business area.
• Overcoming challenges: There are great challenges to starting a business and most times these challenges may easily weigh you down as you may not know how best to proceed or motivate yourself to get back up and continue. An experienced trusted adviser can help give you the needed advice and the necessary step to take in moving on from a setback.
• Building a lasting model: Businesses are not built from the blues; there must be a designed mode of operation and set standards for measuring growth. In designing your business model, it is helpful to observe the pattern taken by a coach in order to draw the inspiration for establishing your own venture.
So if you don’t have one yet, find him/her.