Mar 18

How business mentoring can help you achieve your goals

Business mentoring has become a popular concept in recent years, and for good reason. With hundreds of thousands of budding entrepreneurs bursting into the self-employment space each year, small business mentoring and small business coaching is more valuable than ever. There are a number of benefits to small business mentoring services, including tailored advice, expanded networking opportunities and the opportunity for personal development - as it goes hand-in-hand with business development. Undoubtedly, one of the biggest benefits of business mentoring is that it will help you achieve your goals - and ultimately make your business the best it can be.

Here are three ways a business mentorship program can help you achieve your business goals: 

  1. They can help you set realistic targets

When you sign up for small business mentoring, you gain access to the expertise of someone who has already pioneered the entrepreneurial path themselves - and learned along the way. Mentors are experienced individuals who are dedicated to catalysing your growth by providing support, advice and guidance. When you’re wearing the many hats it takes to run a business, it can be easy to feel overwhelmed by every goal you think you need to achieve. So much so, that you end up achieving none! Working one-on-one with an expert who has an objective lens of your specific business is game-changing. Not only will they help you determine which goals are most important, and prioritise what you need to achieve in the short, medium and long-term - they’ll empower you to achieve them.

2. They’ll help you map out an achievable plan

Adequate planning is often the difference between a business that thrives and one that just survives, yet it’s often overlooked by business owners who have dozens of priorities to contend with. Small business coaching and business mentoring is instrumental in ensuring your business is set up for success, by planning accordingly. When you work with a mentor, you will co-create an action plan suited to your specific business and stage of development. Not only does this help pave the path ahead, but it holds you accountable and thus keeps you on track. Whether you’re brand new to the industry and just beginning your business, or have been around for a while and are looking to scale - a business mentorship program will provide the tailored advice you need to plan for success.

3. They’ll instil you with the confidence - and skills - to succeed 

Running a business can be a lonely and overwhelming experience. There are big decisions to be made, budgets to be managed, customers to please - and possibly even staff to look after. Without someone to work through these issues with, it’s easy for self-doubt and stress to kick in. That’s where business mentoring comes in. For a business owner with an appetite for growth, few things are as effective as business mentoring and small business coaching. When you find the right mentor, they’ll act as an expert sounding board to work through any big decisions and uncertainties, and help you develop the tools to manage any stressors along the way. By setting realistic targets, implementing action plans, and achieving your goals - you’ll build the unwavering sense of confidence your business needs.

Want to meet our mentors or learn more about how mentoring can benefit you? Our Digital Solutions Program provides mentorship opportunities with 50+ industry leaders who want to help your business grow. Find out more here.