Mentorship is necessary no matter what you do. An entrepreneur mentor has gained immense popularity recently due to his apt knowledge of the business world.
- An entrepreneur mentor is a person who helps entrepreneurs in understanding their goals and the vision behind their business.
- There have been many leading platforms like Entre and LinkedIn which are helping new entrepreneurs in their ambition by training them to fight the tide of the time.
- Almost all the entrepreneur mentors are highly skilled and experienced when it comes to market strength.
- It is due to an entrepreneur mentor that entrepreneurs are able to make amendments to their business plan according to the requirements of the time.
Do Entrepreneurs really need mentors?
Many young entrepreneurs often argue that they have enough skills to help them in the business domain. For them, the need for an entrepreneur mentor seems baseless. However, facts have a different take on this matter. Choosing a mentor can entirely be your choice in light of the business plan you are having in mind. Though, mentors are those guides who help young entrepreneurs in finding their way in this lost world.
It is natural that an individual who has years and years of experience in the business sector is traditionally going to have more information about the trends and patterns of the business world in comparison with a new individual who doesn’t even know the narrow alleys of the business town.
Taking an expert opinion can help you in the initial phase of your business venture especially when you are stuck at a point where you don’t know what step to take next. Besides, mentorship helps you understand the duties of an entrepreneur as you are able to finely comprehend the most genuine facts about entrepreneurship right from the mentor’s experience.
Role of LinkedIn & Mentorship
An entrepreneur can be the face behind a giant business venture, but it is the mentor who prepares an entrepreneur to start planning from the first step. LinkedIn is considered a very valuable platform if you are in search of finding some legit mentorship. I want to share my journey with you all. When I first started writing, I found many experienced writers who informed me about the challenges I might be facing during my journey which is why I was already prepared to face those challenges.
LinkedIn is an ideal place not only for job seekers but also for those who are in search of real-time guidance. You are going to find many experienced and perfect entrepreneurs who are going to help you in your journey. You can consider it as a safe space where individuals share their experiences and help others to understand the norms of the business world in a better way. From laying down a plan to coming up with a perfect business strategy to attract clients, individuals employ painstaking efforts to explain the role of business and all the fragments associated with business while telling the significance of a strong economy.
Entre: The Hub of Entrepreneurship
Recently, due to the joint efforts of several entrepreneurs, a platform named Entre was exclusively created. This became a game-changer in the world of motivation and mentorship. Entre served as the digital platform supporting the core entrepreneurial values by bringing them close to their resources and further helping them in creating a digital marketplace.
This hub serves as a haven where entrepreneurs not only learn the tactics of finding entrepreneurship and are able to access new resources but several conferences and virtual events are highly helpful for young entrepreneurs in terms of understanding the business world. In fact, Entre also helps new entrepreneurs to find mentors who have already shown their skills in the market. Over the years, this hub has proved itself to be a strong platform for entrepreneurs where they can easily grow using the skills of the pros.
Traits of an Entrepreneur Mentor
An entrepreneur mentor is an ordinary person with exceptional traits. Being the epitome of skill and experience, he is there to guide young entrepreneurs according to the latest trends in the market.
He has a reputation in the market
You can never expect any unskilled individual to become a part of the entrepreneurial fraternity. The market tests everyone according to the nature of their business venture. An entrepreneur mentor understands the importance of these tests because he has passed through the same set of trials over the years and that’s why he enjoys a huge respect in the market. As a mentor, an entrepreneur knows how to build respect and he earns that by using his skills. Every individual in the market knows his status as an entrepreneur and believes in his accomplishments which itself is a great achievement for the mentor.
He has more than enough experience
As compared to a new entrepreneur, an old one is highly knowledgeable because of the number of years he has spent in the market. Sometimes, an entrepreneur has worked for almost thirty-forty years of his life and then given pieces suggestions that are loved by the younger generation.
Warren Buffet is a clear-cut example of that. He has spent a lifetime in the market, so his experience with the modern requirements associated with the global market is preferred by many renowned entrepreneurs because, during his lifetime of staying in the business world, he finds everything from a deeper lens that is unknown to the young blood.
He knows the secrets of the market
Are you going to be an entrepreneur but don’t know how things work there in the practical market? What is the first response from your side? I believe that you won’t be giving up suddenly but your quest to explore the unsung secrets stays there. The best person who can help you in getting a fine acquaintance with the mysteries of the market is an entrepreneur mentor. He understands the level of commitment you are required to give initially and as soon as the journey gets harder for you. So, I believe that you are really gonna sort out a mentor if you want to understand the know-how of an alien market.
He is a motivator
What’s the best sign of a mentor? It’s not the way a mentor talks or the tons of experience they carry in their arms to shower on you but it’s the way they are able to motivate you. Of course, entrepreneurship is not child’s play. The initial phase would be extremely hard on you and the clientele because it will take some time for your venture to fully set into the soil of the market and create its space.
So, the most important thing is that if you are willing to find a mentor for yourself, make sure that your entrepreneur mentor always keeps on motivating you and doesn’t stop in the middle of anywhere. A true entrepreneur mentor is one who motivates you even during your hardest phases and makes sure that with the help of his suggestions and your efforts, you finally come out of the circle of the problem.
He makes amendments when necessary
A mentor’s duty is twofold. He not only suggests but corrects whenever deems it necessary. A lot of ventures which originate on solid grounds fall abruptly because they are lacking the power of consistency and there is a lack of assessment of their growth. Today, the modern market has very different standards compared to the past. So, things don’t work on a constant level, but there needs to be a persistent effort from your side so that whenever you consider it necessary, changes should be made.
This is impossible without the participation of an entrepreneur mentor. He is the one who has a better idea and sense of assessment than everyone else. Therefore, he needs to point out the changes whenever it becomes essential. Constructive criticism from the end of the entrepreneur mentor not only helps the entrepreneur in a fine understanding but ensures that the venture will be perfect when the clients are going to view it from their lens.
An entrepreneur mentor is the most important person in the entrepreneurship world. You can consider him as the key to the lock of the entrepreneurial world. You can rightly believe the viewpoints of Bill Gates and Jeff Bezos because you know that they are ruling the global market. They have years of experience collected directly from the field which makes them impervious to risk. They are indeed the greatest risk handlers of all time.
That’s one reason why many aspiring entrepreneurs are highly influenced by those who come at the top of the charts not only in terms of their net worth but also in terms of the effort they have done over the years to set themselves at the top. That’s one reason why many young entrepreneurs are willing to work in the corporations of globally acknowledged entrepreneurs because they know that the wisdom and business strategies are going to nourish the fresh knowledge of the young minds in no time.
The author is an M.Phil scholar conducting her thesis in Literature. As a sucker for literature, she swoons over Greek and South Asian fiction while reviewing books in her spare time. Her love for writing has made her expand her subject matter and now she pens her opinions frequently on business, finance, entrepreneurship, lifestyle, history, and literature. For a special connection with entrepreneurship, she opens up the details occasionally about it.