Many entrepreneurs take on the challenge of spearheading their ventures head on because they want to be their own boss. It takes guts, vision, and a lot of hard work, but once you achieve success, it’s worth it. But one thing many aspiring and young entrepreneurs don’t think about is taking part in a mentorship. That could be for a number of reasons: they have too much pride to seek the help of an established professional, they don’t know how to find a mentor, or they just simply haven’t considered it.
Whatever the case may be, finding a mentor is the best way to guarantee success. A recent study found that businesses helmed by an owner with a mentor saw an 83% increase in revenue. The benefits of a mentorship also extend to the employee level; employees who have a mentee are promoted 6 times more often than their colleagues without one. When it comes to making sound business decisions, like securing funding for your business, hiring the right people, or even finding a healthy way to deal with the stress that comes along with being a business owner, securing a mentor is essential.
To learn more about how to find and take part in a mentorship, check out the infographic below.