WHAT YOUNG ENTREPRENEURS CAN TAP FROM A MENTOR

-
AS A YOUNG ENTREPRENEUR I FAILED BECAUSE I LACKED A MENTOR

Young entrepreneurs come packaged typically with a bundle of ideas often coupled with the "I know everything" confidence most young people have. The challenge as a mentor or business adviser is how to channel those ideas and confidence for a successful entrepreneur’s business launch. 
I remember my father always telling me to "focus and keep still." As an energized teenager and even into my 20s I had difficulty as a young entrepreneur controlling ideas and concepts. Unfortunately, I didn't have access to a network of senior business executives that helped me with proper guidance and advice.
Today there are multiple groups, organizations and universities that support young entrepreneurs in a variety of ways, both altruistically and fee based. From networking, funding, concepts, knowledge, experience and more, a mentor can guide a young entrepreneur early on and help zero in on proper business tactics and build upon an initial strategy. 
A mentor’s best approach should be about building trust through their interest in the entrepreneur's ideas and business. Sharing both business and personal experiences including mistakes and successes can be great value. Listening to their go-to market strategy and ideas is key. Reviewing any business plans and asking questions helps diagnose the business model and helps the mentor interpret the skills and talents of the entrepreneur. 
Quite often, a mentor may want to express a Draconian method of managing an entrepreneur. As you can imagine, no one likes or appreciates this style unless a freight-train disaster is eminent for the business. 
So what is a great formula for a mentor and business advisor to help develop the young entrepreneur?
·         Recognize coachable moments in a conversation
·         Introduce ideas that allow the entrepreneur to arrive at a conclusion
·         Develop and nurture the relationship by sharing experiences
·         Harvest their ideas and demonstrate the value of staying focused

A mentor needs to keep in mind they are in a supportive and very influential role. While the young entrepreneur may be quite the genius, no one knows "everything" and even just a few slight modifications or ideas expressed in an advisory role can be demonstrative to their business and a huge win. A supportive mentor relationship can be quite rewarding for the young entrepreneur and build great value for the business.
Contact details: Tel: +254 708 459 336
Email: orbitechglobal@gmail.com
FacebooK murgoh munene
Twitter: @jmurgoh

Comments

Post a Comment

Popular posts from this blog

GET RICH, GET WEALTHY, ITS NOT A SIN. THE QUESTION IS HOW DO YOU DO THAT?

-
Image
  My desire to succeed in life was inspired mostly by my upbringing. We were born in a peasant family in the slopes of Mount Kenya, a county known as Kirinyaga. Our family was poor, but I salute my Dad Mr. Jeremiah and my late Mum Mama Alice Jeremiah, may she rest in peace. Irrespective of the hardships of bringing three children without a formal job, they were reputed small scale farmers. They used to sell horticultural seedlings to earn a daily bread.  Many are the days we slept hungry when the seedlings couldn’t move. But, that never made us give up, instead it was a stepping stone to my strong faith and desire to succeed. During my younger years, my dad used to take me to Sacco meetings and cooperative forums where he would enroll for saving schemes and buying shares. The small sacrifices he made back then was part of what supported him take us to higher education. Success in life is coupled with a lot of sacrificing. Its not an overnight thing, its not magic, IT’S A JOURN...
Read more

HOW TO THRIVE IN HARD TIMES

-
Image
  10 Ways to Help You Get Through Tough Times Hard times, whatever that means to you, are a common part of life. Developing coping skills can better help you get through them. Maybe you’re experiencing a financial setback. Or someone you love might be facing a health challenge. Maybe you’ve lost your job, or an unhealthy relationship is weighing you down. You might not be in complete control of these difficulties, but you have a choice in how they impact the way you feel. Overcoming these challenges is possible. Mental health experts have offered 10 tips to cope with hard times: Maintaining or changing your perspective If you’re facing a challenging time, it’s natural to feel overwhelmed. “When faced with emotional pain or frustration, this can feel like you are going to be in it forever,” says Boston-based psychotherapist Angela Ficken. “That thought alone can increase the severity of emotions someone is feeling and make it worse.” Reframing your per...
Read more

Stop Letting Your Past Define Your Future

-
Image
  It’s Time To Stop Letting Your Past Define Your Future You’re down, you’re tired, you’re hurting, you’ve somehow lost your way. You’ve given someone’s negative opinion of you far too much credit. You’ve let a failed relationship make you fearful of connecting again. You’ve allowed someone’s poor treatment of you to shift the way you see yourself. YOU HAVE TO STOP...... I know you’ve been through some sh*t. We all have. We all have our share of brokenness, discouragement, emptiness, and defeat. We’ve all lost people.  We’ve all been cheated on or left by someone we loved. We’ve all floundered in our faith or slipped somewhere on the path. We’ve all fought demons, illness, mental issues, and pain. We’ve all been let down, had enemies, or made enemies of ourselves. We’ve all had days when we question whether we have the strength to continue. This is not meant to take your problems and shove them to the side, make light of them, or diminish them in comparison to anyone else...
Read more