Where do you obtain the best advice to improve the running of your own business? I believe it’s from other small business owners. They understand the problems you are encountering because they have experienced similar problems themselves. Why re-invent the wheel when you can obtain information that will solve your problems, for free?
Before you choose an ideal mentor or coach, do an honest analysis of yourself and list your strengths and weaknesses. Once you have highlighted your weaknesses, go out and look for someone that has the strengths that you need. Where will you find these mentors?
- Among your family and friends.
- At local business service centres.
- At business training schools, universities and colleges.
If you have no luck finding someone among these groups, contact your local Chamber of Commerce and ask them for some of the most successful small businesses in your area. Approach these business owners directly- all they can say is no.
Nobody knows everything about business, so instead of only one mentor, why not make use of a group of small business owners with different skills that you can use as your board of advisors? Arrange to meet monthly to discuss problems you are encountering in your business and offer advice to each other. This really works well.
- You meet other small business owners.
- You share knowledge.
- You do business with each other.
- You come away motivated – there is nothing more motivating than being in a room with other small business owners.
- You share ideas.
- You encourage each other.
Why not start a group in your area?