Posted by: dagmarsands | May 28, 2015

Don’t go it alone in your small business; bring in a mentor!

Manta Tip of the Day:

Are you amazing at everything? None of us are. So, why should small business owners try to conquer the temperamental business world alone? Consider a mentor to get a little guidance, insight and support as you navigate the tricky waters of your small business reality.

Although some may feel a bit squeamish about a mentor, remember that controlling everything isn’t the same as being effective at everything. A 2014 UPS study revealed that 70 percent of small business owners who receive mentoring survive longer than your average new business (five years or more)—that’s nothing to sneeze at.

Here are the basics to get you started:
■Network: Seek out someone at your local chamber of commerce or an industry event who understands your challenges (and leaves their ego at the door).
■Evolve: Don’t ask to be mentored, the best mentoring relationships are organic and grow over time.
■Be transparent: Hiding realities and fears won’t benefit you and it wastes the mentor’s time.
■Connect: Check out Score, a non-profit with offices across the U.S. that helps bring business owners and established entrepreneurial mentors together.

So, if you’re struggling, just starting out or need to bounce new ideas off someone, don’t underestimate the value of getting to know successful business owners who have been around the block and are willing to share what they’ve learned.

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