If you’re planning to start your own business for the first time in midlife, you may want to find a small business mentor. Research shows that 70% of mentored small businesses survive past the five-year mark — nearly twice the rate of non-mentored businesses.What a Small Business Mentor Can Do for YouA mentor is there to guide, advise and educate you in areas where you may not have experience.
Maybe your cousin’s college roommate is now a successful restaurateur. Or that boss you had 20 years ago recently launched a successful startup. Don’t be afraid to put yourself out there. Some of the best mentorships come from connections new entrepreneurs have had for ages. Knocking on your direct competitor’s door for business advice may not be realistic, but how about a business owner in your field across the country? If you own a smoothie shop in New York, target a successful smoothie shop owner in California who’d be willing to offer some time via email or FaceTime.
. It’s made up of a network of over 100 business centers across the United States that support female entrepreneurs through mentoring, training, financing opportunities and business development.
Research them. Success can be media deep. 🤔
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