You know where to find a mentor, why we fail to use mentors and how to set up a mentor relationship. The next question is why use a mentor? What exactly is the benefit to me?
When you own your business everything is on you. When you make a mistake that costs money, it comes out of your pocket. This is hard for new business owners to grasp initially when they have come from corporate America jobs where you are playing with house money. In the short term you would rather not have this concept learned by making an error in judgement that you pay dearly for. Mentors can help you sidestep certain mistakes the new business owners make. The first step is recognizing that there are things you don't know, that you don't know. A mentor has been there and done that and will help you recognize your blindspots. This simple aid can save your business thousands of dollars. A good mentor is eager to help you avoid making these mistakes and allowing you the fortune of learning from his/her mistakes.
If you work with a mentor in your field (which you most likely should) then you get to take pages from their playbook to make your business profitable faster. You can learn how to market, structure your offerings etc. The important thing with this is that you get what you give. It's important to find ways that you can create value for your mentor as well. The better you are at doing that, the better the information that you will receive.
Profitability is the bottom line benefit of working with a mentor. Keep more money in your pocket with less expense and out more back in your pocket with increased revenue. Work with a mentor to get your business to the next level that you are looking to achieve.
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