Business Mentoring – How do Professional Mentors Help Aspiring Entrepreneurs? Expert business mentoring has a rich history that may be traced all the way back to mythology. Socrates and Plato, Hayden and Beethoven, and Freud and Jung are all historical instances of mentor-mentee relationships. The word “mentor” has come to denote a trustworthy counsellor, friend, teacher, or wise person in today’s world. Business Mentoring – Why do Experienced Entrepreneurs Emphasis on It? You need to find excellent business mentors if you want to develop, improve, and learn as an entrepreneur. This straightforward method offers you access to insider information and power, and it improves your chances of success more than nearly anything else. According to a recent research, these interactions have a significant impact – 33 per cent of entrepreneurs who had mentors went on to become high achievers! Mentoring is a basic kind of human development in which a person devotes time, energy, and personal knowledge to aiding another person’s development and aptitude. Many new entrepreneurs make the mistake of thinking they can handle everything on their own. But the fact is that no one knows everything. There are times when we doubt ourselves, pause, second-guess ourselves, and might use some assistance. It’s natural to desire only the finest when seeking for a mentor. Reaching out to the industry’s top players is impractical, so start with local businesses who have already achieved success. Demonstrate respect and professionalism while attempting to establish a connection. Conclusion Mentoring is becoming a more and more billable service. The primary motivation for being a mentor is to make money. Many successful entrepreneurs volunteer to mentor businesses without expecting any monetary incentive or reward. The mentor-mentee relationship is a two-way process based on mutual trust and effort. You can’t expect your mentor to suddenly eliminate all of the stumbling blocks in your path or correct all of your errors. It’s critical to establish a trusting connection with your mentee in order to be an effective and useful mentor. For the greatest outcomes, seek advice from specialists. Source