8 Steps To Finding The Perfect Mentor

Business Mentoring
January 8, 2019
66 / 100

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.

 www.fundera.com How to Find the Perfect Mentor

Categories

More Posts:

10 Ways AI is Transforming the Way We Care for Our Skin

From analyzing skin conditions to recommending personalized skincare routines, AI is revolutionizing the beauty industry. With the help of machine learning algorithms, beauty brands are now able to offer tailored solutions that address specific concerns, such as acne, wrinkles, and hyperpigmentation. Thanks to AI-powered tools like facial recognition and augmented reality, we can even visualize how different products will look on our skin before making a purchase.

How to Get Your Law Career Started After Passing the Bar

Congratulations on passing the bar exam! Becoming an attorney is a significant milestone in your professional career so you should be proud of your hard work and dedication. Now that you’ve passed, it’s time to start building your law career. As with any job, certain...

Warning Signs You Need to Leave Your Job

As we progress through our careers, it can be difficult to determine when the right time is to move on from your job. Not only do our jobs often provide us with a livelihood, but making such a decision also involves much contemplation. To assist you in deciding if now...

Challenges That Come When Your Employees Are Spread Out

When employees are spread out across different locations, it can be a challenge to manage the business effectively. Working remotely has its benefits, but also creates some challenges traditional offices didn't really face. From creating and maintaining a cohesive...

How to Give Your Career New Life

Are you finding yourself stagnant in your current job situation? Do you feel an urge to progress, but unsure of how to make it happen? If so, then look no further; this article will provide the strategies and actionable measures needed for a successful career...

The Power of Women-Owned Small Businesses

     Women-owned small businesses are on the rise, and their impact is undeniable. In fact, in 2019 alone, women-owned nearly 12 million businesses that employed nearly 9 million people and generated over $1.9 trillion in revenue. From retail to technology to finance,...

Occupational Hazards That Come With an Office Job

Working in an office can be a great way to make a living, but it also comes with certain risks. Sitting at a desk for long hours and staring at screens can lead to physical ailments that not only cause discomfort but could eventually lead to more serious health...

Careers That Let You Make a Social Impact

Are you often frustrated by the state of society and angered by social injustices? If you wish you could have a bigger influence on society, consider switching to a career with more social outreach and influence. Here are a few careers that help you to make a lasting...

How to Help Employees Get to Know Each Other Better

When your employees know each other better, there is more camaraderie in your workplace. Because they are more familiar with each other and more invested in each other’s lives, the quality of work—particularly group work—improves.  To be a more effective company, you...

7 Essential Tips for Maintaining a High Standard of Health and Safety in Your Organization

Workplace health and safety is a legal obligation that all employers must adhere to. But apart from ensuring compliance and avoiding legal issues, maintaining high health and safety standards can come with a number of benefits for your business as well. With the right...
What Are the Top 5 Tips for a Resume?

What Are the Top 5 Tips for a Resume?

If you’re in the market for the top resume tips, no doubt you want a resume that outshines your competitors and helps you land the job you want. You also want this task to be easy! Don’t worry - the following tips will help you accomplish both of those objectives. You...

How to Get to Your Destination on a Business Trip

How to Get to Your Destination on a Business Trip

When you must take a business trip, you want to arrive rested, calm, and prepared to achieve your goals. Traveling can be stressful, but it doesn’t have to be. Think carefully about how you intend to travel to your destination, and do what you can to make your trip a...

All Categories

Business Operations

Entrepreneur Interviews

Marketing, Networking, & Social Media

Self Care & Personal Development

Working Moms

Business Software and Technology

Entrepreneurship & Small Business

Organizing Tips

Sales

Career Building

Family Businesses

Inspiration

Starting Your Own Business

Work-Life Balance

Communication

Hiring Help

Management & Leadership

Time Management & Priorities

Women in Leadership

Recent Posts

5 Unexpected Industries That Need Social Media Marketing

5 Unexpected Industries That Need Social Media Marketing

In today’s digital age, social media has become an essential tool for businesses to connect with their target audience and promote their products or services. While it’s common to see industries like retail, hospitality, and entertainment using social media for marketing, there are several unexpected industries that can also benefit from social media marketing.

How to Create a Professional Image When Building Your Brand

How to Create a Professional Image When Building Your Brand

First impressions matter, especially in business. So, let's explore how to create an image that sparks trust, admiration, and success. Dive into the depths of brand-building with determination and drive, blossoming into a professional powerhouse.  Build a Positive...

The Role of Emotional Intelligence in Effective Leadership

The Role of Emotional Intelligence in Effective Leadership

Emotional intelligence is crucial for effective leadership. It involves recognizing, understanding and managing emotions in oneself and others. The five components of emotional intelligence are self-awareness, self-regulation, motivation, empathy, and social skills. Leaders can improve their emotional intelligence by listening, connecting with employees, unlocking motivations, and seeking to understand others and themselves.

Why Companies No Longer Give Workers a Pension

Why Companies No Longer Give Workers a Pension

Pensions would seem to be a thing of the past. You may hear an older person talk about getting their pension, but it’s not anything almost anyone these days can access. They used to be fairly commonplace, however, so what changed? Why do companies not offer their...

Signs it’s Time to Find a New Office Space

Signs it’s Time to Find a New Office Space

For any business owner, their office space is an essential aspect of success. It's the place where you and your team devote countless hours a day working alongside clients or partners. In some cases, it may be time to relocate to a different workspace. Here are...

Why Now is the Time to Make Your Office Green

Why Now is the Time to Make Your Office Green

Going green has never been more opportune! Now that environmental issues and our contributions to climate change are gaining international recognition, businesses across the world have begun shifting their practices toward sustainability. If you're contemplating...