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A Business Mentor Is Important For A Successful Entrepreneur
Written by: Ellisa BrennemanArticle Overview: When you first start your business everything can be quite confusing. Having an experienced mentor guide you can make the difference between a successful venture and a failed endeavor. There are many pitfalls and problems that are difficult to work out on your own.
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A Business Mentor Is Important For A Successful Entrepreneur
At first you'll have many questions, such as, choosing the right business for you. How to get started? How to get the edge on your competitors? How to really make money and escape that 9-5 job? These are just a few of the confusing questions that face the beginner. If you try to begin without help, you are setting yourself up for failure. Very few can succeed in business without someone to help you and steer you in the right direction along with providing proper motivation. You are indeed like a ship without a captain when you try to start a business alone.
Here are a few common mistakes made by first time entrepreneurs when they first start a business.
1. Starting a business without knowing who you should be marketing to and how to do it effectively. Without knowing how to target your market you can spend hours of wasted time and a lot of wasted dollars.
2. Getting into the wrong business, with too much competition and not enough demand. If you do not get into a specialized market with high demand and less supply you are setting yourself up for failure and you will never make a decent living. Investigate your industry segment very carefully.
3. Believing that a free program will make you money, these are some of the biggest scams on the Internet. There is nothing "free" in this world. Hard work is going to be required to make your business successful.
4. Joining one business opportunity failing after a month and then joining another and another. This is how many beginners loose tons of money and valuable time. Create your own business opportunity and corner your own market.
5. Thinking that money can be made in a short time with no work, this is another pitfall too many first time entrepreneurs fall into when trying to start a business.
Wouldn't it be nice to have some personal guidance, somebody who can work with you one on one? Show you how to start right and save you all that time and money. Somebody who can help you "cut a pathway through the trees." This is where a mentor will help you.
There are very few true mentoring courses or programs, where you can really get one on one help. Usually, most people purchase an online course or e-book and then have to work out the rest. However a good one on one mentoring program is different. When you decide to purchase a membership in a mentorship program you will get one on one help for your questions and any problems you may have. As you progress through the program your mentor will coach you on any problems you may have and show you how to overcome them. One of the main reasons for new small businesses failing is lack of guidance and knowledge. There is just too much to know and do without someone to help you.
You can see how a mentoring program works and the obvious advantages, compared to trying to work out everything yourself. I speak from experience. When I first started my business, I had no idea what to do and where to go, until I finally stumbled upon a mentor program that was right for me. After that there was no looking back, I cannot say that I did not make mistakes or come up with problems, but they were nothing that my mentor could not guide me through.
A one on one mentor program is your gateway to success. Unlock the business potential within you, and see how you can achieve what you never thought possible, with the help of individual business coaching. Experience the satisfaction of starting and building a truly successful business with help and guidance from a mentor.
Why Small Business Entrepreneurs Need a Mentor
Do you need a mentor?
The Power and Profit of Mentorship
How To Effectively Use Business Mentoring
Success at the Speed of Light
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About the Author: Ellisa Brenneman RSS for Ellisa's articles - Visit Ellisa's website  Ellisa Brenneman started her career, after receiving her Bachelor Degree from the University of British Columbia, with the Canadian government merging academic rigor and business savvy to produce and disseminate research findings. She has been published multiple times in scientific journals for her research findings. A born entrepreneur; her zeal for entrepreneurism soon took hold. She's started green businesses and has vast experience managing public, media and investor relations for small-cap public companies. Ellisa is the President of Ethos 360. Ethos 360 provides entrepreneurs with affordable one-on-one coaching, business growth consulting, custom business plan writing, branding and capital raising services so they can launch and grow their businesses. Visit www.Ethos360.com for additional information, email info@Ethos360.com or phone 503-501-2444 to schedule a free consultation. Click here to visit Ellisa's website   Memorandum Template 2 Memorandum Template 1 |
Related Forum Posts
Books for Women Entrepreneurs
- There's a thread for good books in the Resources folder, but it doesn't target books for businesswomen particularly, so I figured I'd start such a thread here.
It doesn't matter how successful you are in your business - it's always possible to learn something new.
In subsequent posts I give Table of Contents and brief descriptions for various titles - most of them devoted to the businesswoman - and sometimes a review. If anyone else has read a review, or has read the book and found it useful, please comment!
1. The Old Girl's Network
2. Mother's Work
3. The 7 Greatest Truths About Successful Women
4. Pitch Like A Girl
5. Workplace Warrior
6. Treasure Hunt: Inside the Mind of the Modern Consumer
7. Contingency Planning & Disaster Recovery
8. She Wins, You Win
9. Napoleon On Project Management
10. Why Good Girls Dont' Get Ahead, But Gutsy Girls Do
11. Comeback Moms: How to Leave Work, Raise Children, and Restart your Career even If you Haven't Had a Job in Years
12. The One Minute Millionaire
13. Talking From 9 to 5
14. Soloing: Realizing Your Life's Ambitions
15. 101 Best Home Based Businesses for Women: Everything You Need to Know About Getting Started on the Road To Success
16. Work With Passion: How to Do What You Love for a Living. Revised and Expanded
17. Fail-Proof Your Business: Beat the Odds and be Successful
18. Confidence: How Winning Streaks and Losing Streaks Begin and End
19. Women Don't Ask: Negotiation and the Gender Divide
20. Millionaire Women Next Door: The Many Journeys of Successful American Businesswomen
21. Start Small, Finish Big: Fifteen Key Lessons to Start - and Run - Your Own Successful Business
22. Rewired, Rehired or Retired: A Global Guide for the Experienced Worker
23. The Martha Rules: 10 essentials for achieving success as you start, build or manage a business
24. The Essentials of Entrepreneurship: What it takes to create Successful Enterprises
25. Net Ready: Strategies for Success in the E-conomy
26. The Promotable Woman
27. Leave The Office Earlier: The Productivity Pro shows you how to do more in less time and feel great about it
28. The Work At Home Balancing Act: The professional resource guide for managing yourself, your work, and your family at home
29. Secrets of Six-Figure Women
Re: What works for you?
- Hi Yinka,
I work better under pressure of deadlines when I am doing something for other people. However, I like to have the leisure to develop my own projects. The first case is what Stephen Covey calls a "Quadrant 1" activity ("Important and urgent") whereas the second case is a "Quadrant 2" activity ("Important, not urgent").
We should aim to make as much time as possible for Q2 activities so that we can develop our own projects. Easier said than done!
Young Entrepreneur Organization - All You Need To Know
- The Young Entrepreneur Organization (YEO) is a global community of entrepreneurs. This non-profit organization aims to make its members successful in their business through networking and training programs. This article tells you all you need to know about the Young Entrepreneur Organization, and the opportunities it makes available to young entrepreneurs from across the world.
Young Entrepreneur Organization: Facts.
1) The Young Entrepreneur Organization has 5,000 members in 35 countries across the world. 2) The organization was founded in 1987. Since then, it has helped many aspiring entrepreneurs with training facilities and getting in touch with the right people.
3) The average age of the members of Young Entrepreneur Organization is 34 years.
4) In order to be eligible for the membership of Young Entrepreneur Organization, you need to be under the age of 40; and be the founder or partner in a business that has annual sales of more than $1 million.
World Entrepreneurs Organization: A part of the Young Entrepreneur Organization, the World Entrepreneur Organization and takes the message of Young Entrepreneur Organization to many additional places around the world. This organization is especially active in the area of education and training for entrepreneurs.
Young Entrepreneur Organization: Objectives.
1) To foster entrepreneurship.
2) To support Young Entrepreneur Organization members by providing them the chance to network and grow.
3) To provide resources to its members so that they can benefit the economy through innovative business ideas.
4) According to Young Entrepreneur Organization, you get to share your story with those who have had similar experiences, and thus gain insight into the best principles of entrepreneurship.
Young Entrepreneur Organization: Facilities.
At the Young Entrepreneur Organization, you get to meet and share views with like-minded people and fellow entrepreneurs. In order to facilitate a free exchange of ideas and growth for its member, the Young Entrepreneur Organization provides the following facilities to members.
1) Forum: Join the forum of the Young Entrepreneur Organization and start networking with entrepreneurs from across the world. Each forum group has 12 members who come together regularly to share their experiences and discuss issues related to entrepreneurship.
2) Mentor: In conjunction with the World Presidents’ Organization, the Young Entrepreneur Organization guides and counsels young entrepreneurs through a mentor program by the best business leaders.
3) Social Innovation: The Social Innovators Program involves Young Entrepreneur Organization member who wish to do something for about social issues. It helps members become socially aware citizens and gives them the opportunity to do something for their community.
4) Marketplace: The marketplace allows members to post business offers and receive replies from other members.
These are just some of the facilities you will get if you become part of the Young Entrepreneur Organization. Others, like meeting prospective clients through trade shows, and special tools to network and meet with the right people are also part of the YEO facilities.
My entry
- 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read
- this is a fascinating book about the history of Business theory, and I'd recommend it to anybody.
2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto.
3. PADI: The Business of Diving Book
Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Famous Entrepreneur Question?
- First name to come to mind was Sam Walton. After reading his aoutbiography, I feel so connected to him.
My one Question would be...(after getting on one knee)
"Would You Mentor Me?''
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