Role of mentorship in business development

Those who go far, as it is mostly said, climbed on the shoulders of those ahead. Everyone needs a mentor, who would guide their steps as they embark on their entrepreneurial journey.

Although many don’t see the need for this, learning from those who have made great progress within a particular industry keeps you one step ahead of your equals.

Some of the costly mistakes that most entrepreneurs have made would have been avoided, if they had humbled themselves and sought mentors as much as they sought co-founders.

In this article, we will be sharing the role mentorship plays in business growth.

Mentorship gives you access to knowledge that can only be got from experience.

Role of mentorship in business development

Most of the time, we are eager to get quick results and so don’t have enough time to learn from experience. Mentorship gives one the privilege of learning from someone within the same industry, who had been able to produce tangible results. Through such relationships, you get to find out mistakes that they made and how to avoid making the same. So, you end up making decisions with confidence, knowing that you have received a go-ahead from a superior.

Mentors guide you through the challenging times of business growth and how to navigate through issues as they arise.

There is just a tip to learn from a book compared to experience. People’s personal experiences has a way of communicating reality into the subconscious of another individual.

Mover experiences can be painful, so why go through them when you can learn from someone else’s mistakes?

Mentorship connects you with the right people.

Mentorship is a great networking channel. Your mentor is already in the spotlight. He has access to most of the people that matter within the industry. And since they are already committed into seeing that the business grows, they will link you up with most of his connections, which you can easily leverage for the speedy growth of your business/organisation.

Mentorship offers constructive criticism, encouragement and feedback that, when considered and worked on, will result in great improvements and achievements. They further help to brush up your entrepreneurial and business skills, which will help you to know how to speak with prospective investors, staff and customers.

Also, mentors go out of their way to support the growth of their mentee’s organisation with every necessary contribution and resources at their disposal.

They help you to see things from multiple perspectives or points of view that you would not have thought about, so that you do not end up making emotional decisions that will affect your business in the long run.

GoDo Hub, a Creative space initiative, having evaluated the above, saw the need for mentorship within the startup ecosystem. As such, it has set up the mentorskonnect programme that matches mentors with mentees and ensures that the mentees receive adequate training and guidance for their entrepreneurial journey.

This programme is open for sponsorshippartnership, and donations.

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