Mentorship is one of the vital things, one requires in business. Mentorship helps to gain from an experience mentor. Mentors are generally veterans of the field. They have immense experience. A newcomer or a startup founder can gain a lot from mentors. Mentorship is not new. There are many successful people who got mentored in past. Mentors are different than teachers. A teacher teaches the basics fundamentals. Mentor uses his experience to handhold a newcomer.
Benefits of mentorship are many. Some of them are as below :
Right guidance: Right guidance is important in business. In business guidance makes a difference. This helps to make a right move. In business a wrong move can be a dearer option. But with guidance wrong moves can be minimized to a big extent.
Hand holding: Business journey or a startup journey is full of ups and downs. Hence the right-hand holding is required. At times downs can really be depressing and tough to deal with. Hand holding helps to come out of the situation or at time to prevent the situation.
Help in strategy making: Business strategy need to be made very delicately. This helps to move forward. Right business strategy is required to put the action points right. Mentor can be of great help in strategy making. With their experience one can make finest of the strategies.
Help in difficult times: Business faces difficult time quite often. During those times the experience of mentors are really required. With their experience and in-depth knowledge one can easily swim across the difficult time.
Alert about forthcoming events: Mentors can predict forthcoming situations with his experience. At times, startup founders or entrepreneurs might not be able to assess the forthcoming situation. Mentors expertise are required in this
Place to discuss problem: Mentors are one point to discuss problems. All business problems can be told to them. Most of the time they can help to navigate the issue.
So mentorship is a vital aspect in business. This makes a difference.