A mentor is one of the most important tools in an entrepreneur’s kit bag. Growth companies constantly reach forks in the road – so, which way? As your business gets bigger, then hopefully the team you have created will help you to make the decision on which road to take. However, there are often BIG decisions that are outside the scope of the knowledge of the guys sat around the table. Having a mentor – someone who’s experience and judgment you trust can be a serious crutch on these occasions. Asking those very simple questions like, what would you do? How would you approach it? Who should I go and speak to? Who are the best advisers? – to someone who has experienced the scars of the pain you are feeling is all too often the answer. Every successful entrepreneur we have worked with (and that’s thousands) lean on someone they respect, all too often that advice comes over a beer or coffee. It’s not formal, it’s not shrouded in business plans and three-year P & L calculations – its good, solid common sense.
The reality is that there are so many individuals out there who have succeeded in business, who are more than happy to provide a helping hand – the fact is they have not been asked. The wisdom, experience and insight to help us make better decisions often comes free from willing souls, who just want to help others overcome the hurdles and challenges they face.
So the conclusion is, if you are trying to grow your business, find someone who has been down your path – invite them for a coffee and use the magic words – please can I ask your advice. It could be the best couple of quid you have ever spent.
Most of the battles in business you have to win are in your mind first. Your mentor can help you work out your game plan and indeed make better-informed decisions.