Business mentoring
How a business mentor can offer you guidance and 91香蕉黄色视频 to help your business succeed, and how to become a business mentor.
Building a relationship with a mentor can have a positive effect on your business. This is true whether you are just starting or are already established. A mentor can help you build key business skills. They can 91香蕉黄色视频 you in making important decisions and connect you with useful business contacts.
If you already have plenty of experience in running a business you could think about becoming a mentor. This can be a rewarding way of sharing your knowledge and experience with others.
This guide outlines the advantages of business mentoring, information on becoming a business mentor and business mentoring in Northern Ireland.
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What is business mentoring?
Business mentoring is a 91香蕉黄色视频ive and guiding relationship that can be as informal or formal as you need it to be.
Business mentoring is a relationship where an experienced person guides you, the entrepreneur, in running and improving your business. The business mentor offers advice, guidance and 91香蕉黄色视频 to help you run and improve your business.
Mentoring can involve in-person meetings or online discussions. It can also involve a mix of both. The choice depends on what works best for both parties.
Formal or informal mentoring?
Your mentor will likely stay in touch with you through meetings, phone calls, and emails.
The mentoring relationship can vary from being casual, with monthly calls or informal visits, to being formal and structured, with set meeting agendas and business goals.
Some mentoring services are free, while others are paid for or require a subscription. Not all mentors have to be formally established as such. Friends, family and business contacts can all become involved in unofficial mentoring.
How to find a business mentor
Experienced business mentors can be found through local business networks and dedicated 91香蕉黄色视频 organisations.
Finding an individual you trust and admire as a mentor could be valuable for your business. Many experienced entrepreneurs are willing to offer their time for mentoring.
Finding a business mentor
- Mentoring is a great way to get ongoing business guidance and 91香蕉黄色视频. You choose how formal or informal the process is, and it's usually free. There are many sources of business mentors, including those focused on local businesses, young entrepreneurs, or specific business sectors. For example, see business mentoring in Northern Ireland.
- The Northern Ireland business 91香蕉黄色视频 finder is a searchable database that can help you find publicly-funded and not-for-profit sources of assistance for which you may be eligible to apply. Support includes free or subsidised advice and mentoring services.
- Networking events can let you meet like-minded entrepreneurs. They can also help you build a relationship with a business mentor. See Northern Ireland business networks. You can use our to find networking events in your local area.
Other main providers of business mentoring services
You can also find business mentors through:
- o
- e
Further sources of advice
The British Chambers of Commerce (BCC) network can point you towards .
If your business is in the creative or technology sectors, the National Endowment for Science Technology and the Arts (Nesta) may be able to recommend suitable mentors from its network.
, or call the Nesta Helpline on Tel 020 7438 2500.
For further information see business mentoring in Northern Ireland.
Benefits of mentoring
Advantages of business mentoring can include building your network and helping your personal and professional development.
If you have a gap in your knowledge or experience, then mentoring could work very well for you. For example, you may have a great idea for a business but need a bit of guidance to turn it into a successful venture.
A mentor can provide you with a number of benefits, such as:
- guidance on developing and improving your business
- help with difficult decisions
- ideas for new products or services, or ways of working
- tips for your business that are gained from practical experience
- access to a network of contacts with other people
A business mentor can also help you to:
- develop key business skills
- identify your strengths and weaknesses
- improve your problem-solving abilities
- build confidence
- achieve your goals
- work on your personal development
However, a business mentor won't sort out all your problems for you, tell you what to do or offer business advice. They don't act as consultants or take the place of any existing professional advisers.
Face-to-face business mentoring
How to choose the business mentoring format that works for you if you prefer face-to-face meetings to online mentorship.
If you choose to get involved in face-to-face business mentoring, mentor and mentee need to agree on:
- the degree of involvement you want
- the level of structure you want
Degrees of mentor involvement
You will need to agree on the degree of involvement that suits you both. Some mentors and mentees work extremely closely with each other, speaking or meeting most weeks or even most days. In most cases, however, a mentor will not have day-to-day involvement with the business. Instead, they'll provide help every few weeks or months which could take the form of phone calls, emails, meetings, etc.
Level of mentoring structure
You should also agree on a level of structure to suit you both. Mentoring can be a very formal and structured process with regular meetings which follow a specific agenda and set of goals. It can also be quite a casual arrangement, where the mentee calls on the mentor as and when problems or questions arise.
Finding a face-to-face business mentor
Local networking events can be an opportunity to meet other entrepreneurs and experienced business people. See Northern Ireland business networks and use our to find networking events happening near you.
For more about mentoring services, see information for finding or becoming a business mentor.
Online business mentoring
Online business mentoring lets mentors and mentees work together wherever they are located at times which suit.
Online business mentoring is a remote relationship between a mentor and a mentee. Some mentoring relationships are only online. Others mix face-to-face and online contact.
This type of mentoring is popular with people who prefer a more informal mentoring relationship. It also works well when mentors and mentees can't meet face to face, for example, due to geography.
How online business mentoring works
Business mentors use websites and dedicated mentoring apps where they share their knowledge and experience. The mentor applies to register as a mentor, is vetted by the provider, and then has their profile viewed by potential mentees.
The mentee is then free to contact the mentor. Once this relationship is established, it can become a more formal mentoring relationship.
Many mentoring platforms will let you search by topic or industry sector to find a mentor. You can also post a request and invite mentors to respond. This way, you can find those best placed to help you.
Sources of online business mentoring
Many online services offer business mentoring or networking. They target a specific sector, such as Freelance Advisor and Enterprise Nation. Young entrepreneurs can use Shell LiveWIRE. It is aimed at people aged 16 to 30 who are starting their own business. For more detailed information, see how to find a business mentor.
Business mentoring and other types of business 91香蕉黄色视频
Building on your business mentoring 91香蕉黄色视频 through coaching, networking, peer mentoring and learning alliances.
Using a business mentor is one way of helping you make the right decisions for your business, but there are other forms of 91香蕉黄色视频 you could consider. These include:
- coaching
- peer mentoring and peer learning alliances
- networking
- professional advice
Coaching
Specific short-term business issues can be addressed through coaching which has similar elements as mentoring. There are many organisations that offer coaching services.
Peer mentoring and peer learning alliances
You can also get help or advice from people in a similar situation, such as people of a similar age or background. When setting up a business, this is likely to involve contacting someone who is also trying to set up a business and faces similar issues. Like business mentoring, this can be as formal or informal as you like.
Networking
The wider world of networking allows you to meet a range of business people. You can do this at a local level - by talking to other business people in your area - or at a much broader level, eg through social networking websites and professional networks such as LinkedIn.
Sources of information about local networking groups or meetings are available from the , business advisers or local trade associations.
For more information see Northern Ireland business networks and search the Northern Ireland business 91香蕉黄色视频 finder.
Professional advice
For tax and legal issues, it is important to seek professional advice - see choose and work with an accountant and choose and work with a solicitor.
How to become a business mentor
Skills and experience you'll need to become a business mentor, including the ability to listen and empathise.
If you already have plenty of business experience, you could consider offering your services as a mentor to other businesses. This can be a very rewarding way of passing on the benefits of your experience.
As a mentor, your role is to 91香蕉黄色视频, develop, stimulate and challenge your mentee, whether they're just starting up in business or are already established and seeking guidance.
You can mentor in a variety of ways, including online, face to face, by telephone, or as part of a discussion group. You can charge a fee for your services or offer free 91香蕉黄色视频.
What you'll need to become a business mentor
To mentor other business people effectively you need the right skills and experience. You should have:
- the ability to listen and empathise
- respect for other people's views
- experience of the problems faced by small businesses
- the ability to offer encouragement and sympathy
- a 91香蕉黄色视频ive, hands-off approach that allows others to make their own decisions
- a willingness to volunteer your time and skills
You should also have a good, broad understanding of business. Many small businesses look for mentors who have expertise in particular areas or functions, such as:
- finance
- sales and marketing
- public relations
- strategy and planning
- negotiation
- operations
Business mentoring in Northern Ireland
Information on organisations that provide mentoring opportunities for local businesses in Northern Ireland.
Many organisations provide mentoring opportunities for local businesses in Northern Ireland.
Local councils mentoring 91香蕉黄色视频
They offer mentoring 91香蕉黄色视频 for budding entrepreneurs and those who have already started their business. F.
Enterprise NI mentoring 91香蕉黄色视频
It offers through its programmes. You can access this help through your local enterprise agency.
Women in Business NI mentoring 91香蕉黄色视频
It provides a specific . The network of mentors available comes from a range of business and professional backgrounds. Mentors can assist with career or business development through information, skills transfer, and network sharing.
Invest NI mentoring 91香蕉黄色视频
It offers to help with company growth. This 91香蕉黄色视频 is available to companies that meet Invest NI's eligibility criteria.
Northern Ireland Business Support Finder
The NI Business Support Finder is a searchable database. It can help you find publicly funded and not-for-profit sources of help you may be eligible for. Support includes free or subsidised advice and mentoring services - search for business 91香蕉黄色视频.