“The delicate balance of mentoring someone is not creating them in your own image,
but giving them the opportunity to create themselves.”
– Steven Spielberg
January is National Mentoring Month so it feels like the right time to be talking about small business mentoring — a key ingredient to success for every entrepreneur.
At some point, we all need guidance, a sounding board and a cheerleader to navigate through changes, growth and challenges in our business. Guidance can come in many forms — from a business “buddy”, through a peer support group, or directly from a trusted business adviser or a team of advisers. No matter the form, what is most important is that our mentors encourage us to look closely at issues and opportunities, and to maximize our potential. With their support, we can develop our business skills, take risks, and be successful.
Our support system must include people who have been in our shoes. We must surround ourselves with subject-matter experts and experienced small business owners who have dealt with similar challenges first-hand and can help us make sense of the clutter and make decisions with relevant, timely advice.
Though we believe that the best small business mentors are other small businesses owners, success in business does not qualify someone as a good mentor. That person must also be a skillful listener and motivator, know how to ask questions, and know when and how to give honest advice. In addition, the best mentors open doors to a wider network that can support us and our business.
To sum it up, we believe that effective mentors…
- Listen carefully to what you say (and don’t say)
- Understand your needs and respect your point of view
- Ask questions and challenge assumptions
- Guide based on their own experience/expertise
- Share relevant and immediately actionable advice, and
- Are accessible and supportive over the longer term.
Above all, the mentor-mentee relationship should be a partnership, based on mutual respect and trust.
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