Online business mentoring or ‘e-mentoring’ is an interactive, remote relationship between a mentor and mentee. Some mentoring relationships are exclusively online, while others can involve a combination of face-to-face and online contact.
This type of mentoring is popular with people who prefer convenience. It also works well when it’s difficult for mentors and mentees to meet face to face, e.g. for geographical reasons or in times of the pandemic this has been a preferred option. Websites that provide this sort of mentoring often call it networking and forum advice.
Business mentorship is a unique personal and professional development opportunity for entrepreneurs. The idea is to connect both aspiring and experienced business owners with business people who possess expertise in specific or multiple areas and can turn that experience into valuable business coaching and mentoring opportunities.
Online Business mentorship could provide you with insights into various aspects of your business. A business mentorship program is personalized to your unique needs and challenges where a mentor advises you.
Let us see five benefits that you will gain from a great mentor – mentee relationship –
Accessibility –
Online business mentoring allows people to access business mentors from any remote workplace. Online business mentoring has the ability to easily reach out, discuss, communicate and resolve issues with the business mentor. It allows entrepreneurs to track their progress and easily review objectives. For startups and small businesses, Time is literally money. The entrepreneur needs to prioritize their time to be able to don multiple hats. Platforms that offer online mentoring can help them save both time and money besides getting valuable advice for their business problems.
Improving Business Models –
Mentors are not like advisers and consultants, who care only about the business venture. Instead, business mentors help you develop your business skills. Mentoring is a continuous process; mentors can take you through the entire process on improving business models on weekly basis or monthly basis. For example, if your employees are constantly complaining that they don’t understand project directions, your business mentor can work with you to help you improve how you communicate with your staff. A business mentor will help you perfect your business model and teach you how to run your company correctly.
Identifying New Methods & Strategies –
In addition to simply giving advice and helping improve your personal business skills, business mentors can prepare you with unique methods and strategies that you can use to tweak your business models and identify underlying issues. They can not only identify issues but will also help resolve them from their vast experience. A business mentor will re-look and evaluate all strategies and methods and will recommend the best option.
Help you Expand your Network –
Business mentors can put you in touch with contacts that can help you make your business more successful. The more networking you do, the more people you meet. And the more people you meet, the greater the odds are that you will have someone in your contacts that can help you solve business problems. Perhaps if your mentor is a business consultant who is advising you on a business plan; he can introduce you to someone in his network for website designs. You can therefore benefit from your mentor’s network. With all that experience it is likely they would have a vast network of industry connections. Your mentor can help open doors so you can meet people – potential partners, customers and decision-makers in your target market.
A Gentle Nudge –
Starting a business as well as expanding is difficult and many business owners face challenges early in the process. However, many business owners go through the same types of struggles. Hearing first-hand from your mentor about experiences will help you realize that the struggles you are going through now will prepare you better. As you can see, the rewards of having a business mentor can be great and the risk is non-existent. Every entrepreneur should have one.Wondering how to prepare for a meeting – we have a post on how to ask your mentor the right questions?
Jupiter Business Mentors is a platform that connects entrepreneurs with industry experts to address any business issue or challenge your business is facing. You can connect with mentors having a wide range of experience and expertise. These include regulatory compliance mentors, business consultants, legal mentors, HR, Marketing, Interior design and more. The platform allows you to do a video or voice call with mentors. There is currently an attractive offer; 6 Free sessions with any mentor of your choice.
