2. Gain some real-life experiences
In the case of a new business venture, nothing beats the importance of real-life
experiences. It is crucial for your business’s success story.
3. Mentors will help you to succeed
Surveys proved that having a mentor will increase your chances of success. In one
executive coating survey in 2013, around 80% of CEOs stated that they received at
least some sort of mentorship help
4. Gain some network
opportunities
In startup ventures, network opportunities are
necessary and you will get the best ones when you
have a talented mentor by your side.
5. Provides you with the ultimate
reassurance
A quality mentorship will have some positive
effects on younger entrepreneurs. If you have
someone to guide you through the stages well
and share your worries that helps in placating
fears with passing time
6. Help you set SMART goals:
Only a mentor will help you set smart goals, leading to
business success. There is a step by step option to follow, and
the mentors will guide you through the steps well.
7. Helps you to stay longer in
business
Recent studies from SBA states that around
30% of new businesses might not survive
within the initial 24 months and around 50% of
them might not make it until 5 years
8. Push you to shine
Only a talented mentor will
dedicate enough time to push
you to work harder than your
present self.
9. Help you develop EQ
Emotional intelligence is
important to bring success
among entrepreneurs.
10. Let them shadow you
Your chosen mentor could be a promising name in your
industry. If not so, he/she has gone through this process before
or also advised other founders like you.
11. Perfect encouragement from
beginning till the end
If your business is going through a downfall
currently, it becomes difficult to endure the
consequences on your own
