Sunday, July 7, 2013

Business Mentoring - 5 Reasons Why Every Business Needs A Mentor

By Dan E. Whitcomb


If you are starting a new business venture or have been struggling with your present one, it would be wise to consider business mentoring. Such programmes often offer a MentorMatch program which would aid in achieving your business goals. Many business persons prefer doing everything on their own, though it is high time to let go of thoughts such as those. Associating with a business mentor allows you to define your objectives and outcomes, while working through a composed process identifying where you may fall short. Such a review allows one to develop a step-by-step plan with your mentor in overcoming business obstacles, while at the same time developing fresh ideas to fit in with your new business plan.
[Business Mentor]


Before you embark upon the search for your business mentor, you need to sit down with your managerial colleagues, or alone, and ask yourself some questions. Assessing where your faults and weaknesses lie is vital to identifying what you need and from where.Start by asking yourself these three questions. What outcomes do I seek from business mentoring?What additional skills and experience do I seek from a business mentor?What mentoring personality and style would help me the most?Armed with the answers to these questions, your search will be much easier. You can identify potential mentors through many different routes including personal recommendations from people you know, on-line through Google, and through various web directories.

A mentor should assist in providing you with support and ideas in moving forward. Once your goals and targets have been drawn up, your mentor should help in improving your current systems. For instance if you need help in the financial side of the business, your mentor will assist in drawing up a budget and in planning a financial system that will fit in easily with your business.

Once you have identified potential mentors, you can use their websites to learn more about them. Websites will often highlight the personality, style and approach of the mentor and already at this point some may stand out to you as a person you could work with. Having a look at testimonials and references is another angle that can help identify the most suitable mentor. Testimonials give you information about the type of clients and the type of work the mentor covers. Use all these sources of information together with your criteria for the ideal mentor to short-list a handful of potential candidates.

A second opinion - quite often business owners know what to do or have a good idea of the next step but they are not 100% convinced that it's the way to go, so they don't proceed. Discussing it with a mentor often helps them realise that it's the right move and it gives them the confidence to go ahead. Being in business can be a lonely place and it may be difficult to discuss things with staff or a partner or friends.especially in tough economic times, it can be difficult sometimes to keep motivated. Part of the role of a mentor is to encourage the owner, highlight the positives and reassure them that they have a great business. This can be invaluable support for any business owner.

By reading this article you will be able to implement immediate action steps to help you achieve your ultimate goal of becoming a home business coach.Think about the kind of leader that you are attracted to. Make a list of all the things you like about that leader/ home business coach. Be very specific. Ask yourself if you have those same characteristics and behaviors. If not, you'll want to begin living your life in such a way that you do.Developing characteristics and behaviors of leaders and you moving into the arena of home business coaching begins with your mindset. No surprise there. See yourself as the home business mentor you want to be and then begin to act like that person.Here are 10 tips that you can begin and implement right now to put you on the road to help you meet your goal sooner, rather than later.

Being a Home Business Mentor is more than just reaching out to those who join you in your particular network marketing opportunity but also to the masses outside of your chosen business. In this case, you want to charge a coaching fee for your services.If in fact you desire to be a home business mentor, no doubt you have clearly defined goals about what you want your business model to look like. You've assessed the area of expertise through talking with others in the industry and observing the need and demand for good mentoring. You feel strongly that you have the commitment to lead a team or large organization and you're up for the task.




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