Grow Your Business Through Mentorship
By Allen Gutierrez
Being your own boss can also come with challenges. When you own a business, it’s up to you to set priorities and make decisions. Whether you’re new to business ownership or you’re a longtime entrepreneur, you may encounter situations you haven’t faced before and feel unsure about how to proceed.
Fortunately, you don’t have to go it alone. Mentors through SCORE, an SBA Resource Partner, can provide expert guidance. Based on their business experience, SCORE mentors can provide an objective second opinion when you confront a problem or need to make a tough call.
When Abram’s Nation owner Rose Morris invented the Safety Sleeper, a tent-like structure that secures special-needs children with sleep issues, she turned to her mentor at SCORE for help getting it to the marketplace. “The education I received from my SCORE mentor was invaluable in growing Abram’s Nation to become a million-dollar company,” Rose said. In 2017, she was named SBA Exporter of the Year.
According to SCORE, 87% of entrepreneurs with a mentor are still in business after one year, compared to 75% of those without a mentor.
SBA Resource Partners helped countless small businesses--like Abram’s Nation--to start new companies, raise start up and growth capital, and sell millions of dollars in products and services globally last year alone.
For National Mentoring Month, take the proven approach to business success and use these strategies to secure your own business mentor:
Looking for additional ideas on how to find a business mentor who will meet your needs? Participate in our @SBAgov Twitter chat on How to Find A Business Mentor Jan. 21 at 3 p.m. EST for tips from experts and fellow business owners.
Back To News