Entrepreneurs with Mentors report higher & faster Business Growth
Mentors use their own knowledge to help you move faster and avoid making common errors that will hold you back. At the very least, they can help streamline and simplify your objectives, helping you to avoid overcomplicating your operation, giving you a more direct route to success.
They know from experience what works and what will not.
For start ups, the average lifespan is 20 months. The reason they often fail differs from one company to the next, but is often down to inexperienced management, running out of cash, or choosing the wrong customers/ market. These are all issues that a mentor can anticipate and help you to navigate. Research finds that 70% of mentored businesses survive beyond the five year mark.
For more established businesses, growth success is often achieved via small margins. The barrier between you and your success come down to a few key adjustments that amplify your company, increasing the number of customers and profits. A mentor may help you to uncover what these adjustments are.