How to find a business mentor
Mentors are a massive help in business, but all too often we
meet business owners who just don't know where to find one. This
guide will introduce you to the main places you can look, and you
can find out more detail about everything mentioned in this guide
in this
feature, which also explains what to do once you've identified
a potential mentor.
Your existing network
Ask friends, family, old colleagues, former bosses and business
contacts if they know anyone with relevant experience. You can
approach people you already know too - just be aware that the
relationship will become more business-centric and people can
behave very differently in work-mode than in social mode. Go to
plenty of networking events too, to see if you can't find some new
and relevant contacts of your own.
- Ask friends, family, old colleagues, former bosses and business
contacts
- Ask them for recommendations too
- Attend networking events
Matching agencies
Matching agencies, such as Rockstar, charge a monthly fee to find you a
well-suited mentor, and then to support that relationship. Often,
they deal with businesses of a range of different sizes, so they
can nurture you as you grow - when you get bigger, they might find
a new mentor with relevant experience to accommodate that, for
example.
- You pay matching agencies a monthly fee to find you a
mentor
Mentoring from The Prince's Trust and other programmes
If you are lucky enough to get funding from The Prince's
Trust (you need to be aged 14 - 30, or 18 - 25 for The Prince's
Scottish Youth Business Trust), you will be assigned to a
mentor who is suited to you, both geographically and within your
sector. The Trust will encourage you to meet with your mentor at
least once a month, with your mentor reporting back to them. If
there is any advice your mentor can't give you, the Trust will step
in to help. Many other funding programmes and charities operate in
a similar way - ask when you sign up.
- Your mentor will be selected based on location and sector
- You will meet once a month
- The Trust will step in if there's advice your mentor can't help
with
Your local RDA and council and Business Link
Ask your local Regional Development Agency (RDA) or council to
refer you to a suitable scheme (they may well refer you to an
Enterprise Support Organisation, ESO). Business Link's programme is
less structured. Its Information and Intelligence Centre has a
telephone line and email answering service which will help you with
most enquiries, but if you need further help, they will arrange a
meeting with a business adviser at your local Enterprise Support
Organisation (ESO).
- Less structured programme
- Phone and email answering service should help with most
enquiries
- You can arrange a more detailed meeting with a business
adviser
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