how to be a business mentor

How to Become a Successful Business Mentor

For you to become a business mentor, you must have attained a certain level of expertise in a particular line of business. This comes with the strengths you have achieved and the shortcomings you must have experienced in the process.

Becoming a mentor is not an easy task, this is because, when you finally decide on becoming a mentor, you have decided to invest a good percentage of your time in your mentee’s financial growth and expansion. In as much as it is demanding, it is also rewarding.

Seeing your mentee financially stable and successful in the end will make you feel accomplished. To become a successful mentor, it takes more than giving advice.

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how to be an effective mentor

How to Become a Successful Business Mentor

What kind of mentor would you become? This is the big question that should be answered by anyone who has decided to venture into mentoring.

Mentorship is not an easy thing. You should be able to answer a few questions that would determine your capability of becoming a mentor.

Questions like these:

  • would you be able to put in all of the sacrifices it takes to guide a younger entrepreneur?
  • Would you be able to continue mentoring that person, even though you hold different opinions on certain issues?

Other questions that also show your level of loyalty to your mentee, for when it’s going tough. Suppose you’ve been able to establish your willingness and loyalty that takes to be a mentor. In that case, you can pick any individual to mentor.

Develop the act of listening

After successfully picking a mentee, you should be able to hear them out. Most mentors don’t usually listen to what their mentee wants; they just tell them what to do.

As a mentor, you should be able to develop good listening skills. Don’t only force your opinions and ideas into their plan. Let your mentee have a say, it is their business.

Your job as a mentor is to support them and guide them when you feel they are taking the wrong step. Listening to your mentee will help you know what they like, and this will strengthen your bond.

Have a set goal

By listening to your mentee, you should know what they hope to achieve by getting a mentor. This will enable you and your mentee to have a set goal by marking out the level of success you would achieve within a certain period of business time.

Setting your goal makes it easier for you as the mentor to know what you’re working with. Avoid limiting yourself to just having a set of goals.

Goals are just expectations, dreams and aspirations you hope to accomplish. You certainly won’t accomplish it by just setting them; you have to put a reasonable amount of work into achieving them.

setting goals for mentors

Be constructive in your criticism

It is believed that a mentor should be able to listen to his mentee to figure out what they want for their business. Still, at the same time, a young entrepreneur, especially one that is just starting out, might now know what’s right for his business.

You should be able to disapprove of an idea that you feel might result in a loss and while doing this, avoid openly criticizing them; this is to avoid hurting their feelings. Instead, advise them.

You can share your past experience with them, so they would learn from it. Also, refrain from only noting their mistakes; you can also point out something positive they’ve achieved and commend them for it. This will help to improve the confidence of your mentee.

Employ empathy

Being empathetic goes a long way in strengthening the bond between a mentor and mentee. Taking an interest in your mentee as a person helps to achieve higher levels of empathy.

As a mentor, you can’t be blind to your mentee’s feelings. When your mentee is having a bad day, you should be able to pick up on their energy and work with it. You should abstain from being hard on your mentee, not everyone is the same.

In cases where your mentee is slow to learning, you only need to apply patience with them. Always put in a good word of encouragement with them daily to boost their confidence.

mentorship for businesses

Celebrate your mentee

Everyone likes to be celebrated and your mentee is no different from others. As a mentor, you should be able to celebrate your mentee on their achievements. Most mentors only talk about negative things, like the shortcomings of their mentee.

When you make out time to commend your mentee, even for their smallest success, you find out that it makes them happy, boosts their confidence, promotes good behavior, keeps them focused, and prompting their drive in the business.

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About the Author: Brian Morten

I am a business mentor and the founder of Vivo Mentor. Vivo Mentor was started to help entrepreneurs grow their businesses. My focus is on sharing strategic planning, marketing, sales and management strategies. It's my job to help you find the best strategies for your company so that it can flourish and reach its full potential!

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