Read More Great Entrepreneurship Articles
Find Mentors If You Want To Improve The Chances Of Success Of Your Small Business
You start up your small business, and you are filling every role and find yourself doing everything. You have become a multitasking workaholic responsible for the bookkeeping, the sales, the marketing, the production, the distribution and many other functions.
By: Mark Bergman
Someday, you hope most of these roles and responsibilities will be filled by another person or persons. Right now at the initial stages, you are forced to do everything.
Let's face it. You are not good at doing everything. You sure aren't the best at sales or finance or some other business roles, but the business is just too small to afford to hire the expertise to perform these roles. What is the next best thing?
Sure you can always hire in the talent on a temporary basis, but normally this does not mean that the role has been filled by some else. It just means that someone has come in to help you in that role. The problem of work load crunch may be solved, but not the root of the problem of not having the knowledge to be more effective and efficient in whatever area you are lacking. Perhaps the way in which you are tackling a particular issue, may not be the right course of action in the first place and a better one may be easier. However, as the expression goes - "you don't know what you don't know!"
So another alternative is to seek advisors or mentors. Identify areas that you are not good at and find people that you believe can help. These may be people who are successful at business and have a proven track record. They also could be paid advisors. It will all depend on the nature of the help that you require. What you are seeking is the leverage of someone else's experience and knowledge that they have gained over many years.
You may want someone to have an overall look at your business plan and vision. You may require accounting help or technology advice. Seek out experts in your local area, town or community and approach them directly. I have been pleasantly surprised how many successful people are willing to give of their time and advise a new entrepreneur. You may have some doors slammed in your face by busy business people who don't want to help or are too busy to help. Hang in there and keep trying. Sooner or later you will find someone who wants to give back to fledgling businesses or someone who intrigued by what you are doing.
I have tried using the internet to widen my search for advisors, with limited success. I have found that nothing beats a face to face meeting. No better way than for the advisor to size you up and no better for you to determine if there is a fit between teacher and student.
A mentor will not only be able to give you good advice but also introduce you to a new network of contacts. This is another way of broadening your reach. A mentor will also be a person that can act as a sounding board, to bounce new ideas off. This is invaluable. You will find that you no longer feel like you are completely alone, but have someone smarter and more experienced in your corner. You also will have someone who can help you strategize and help guide the overall direction of your business.
Here is a one final piece of advice. Do not treat this association with your mentor lightly. Show them how committed and serious you are about getting their help. Remember that their time is extremely valuable, time which they are graciously giving away to you that they could be using on something else.
If successful, this association may lead to you having a powerful and very valuable friend in the long run. That certainly cannot harm you and your business in the long run.
Mark Bergman has 25 years in business experience, covering areas of consulting in strategic planning and software and general business consulting. He also has started up a number of small businesses which he successfully ran and sold off. He has formal qualifications in both business and computer science. To learn more from Mark you can visit www.startupmysmallbusiness.com/blog.

Sponsored Links
Sponsored Links