Article Advise

submitted: Jul 7th 2008 | by: MelKaario | Total views: 2 | Word Count: 353 | |

Making costly mistakes while you "struggle forward" in your business can cause you sleepless nights and a loss of morale.

The old way of learning by trial and error is always an option if you have stubborn determination, endless time and lots of money to finance your mistakes! As the majority of businesses fail, this is a testament to the fact that this system doesn't work effectively. It makes sense that if most people fail and you do what most people are doing, then you are heading for failure also.

Perhaps you should ask yourself whether you really need to keep on making all these mistakes, or whether it might not be smarter to learn from successful people who have done it before. Perhaps it would be best to find a suitable mentor.

It's important to choose a business mentor that has a proven track record both with business and business mentoring. Experience in your chosen field is an advantage.

Take a look at how the mentoring process is structured. Is it easy for you to ask questions and get the details you need on important business details?

In order to build a healthy relationship with your mentor it is crucial to know what you want and what your goals are.

Statistics show that over 90% of new businesses fail in the first 5 years. In the end, the cost of having a business mentor is likely to be significantly less than that of the normal "crash and burn" business approach. In fact, the way I see it there is not cost at all - it is an investment in your success.

We all know that spending one on one time with a teacher is the fastest way to learn something. Consider learning how to use a new computer program via a manual or a friend who shows you the ropes, which would you prefer? And which way do you think is most effective? One very helpful ability for any business owner is to conserve energy. When we quit learning by trial and error we can save all the emotional energy that comes with losing money and making mistakes.

About the Author

For 18 years, Robin J. Elliott has consulted with business professionals around the world, teaching them how to dramatically increase their net profit. Mr. Elliot is now offering select business professionals a Business Mentor Training Program in Vancouver, BC. (Limited Availability)

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