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If you're a budding entrepreneur working on professional development, having a good mentor can help you guide your business towards success. This type of relationship offers a variety of valuable tools and insights that can’t always be gained unless you have extensive industry experience. Here’s why you should work with a knowledgeable mentor as you start building your company.

5 Benefits of Working With Mentors

1. Motivation & Accountability

Every startup founder has a vision for their business. Distractions, temporary setbacks, and failures may go against your original expectations, leaving you discouraged. Fortunately, a mentor is often able to get their charges back on track. Every experienced entrepreneur has success stories to share that are interspersed with obstacles and challenges. They can help you stay motivated, remind you of your goals, and provide encouragement and inspiration.

2. Real-Life Experience

Real-world experience is an asset no entrepreneur can overlook. While many company founders will avoid potentially risky decisions, mentors will know when to take advantage of early opportunities for success. Their insights can also determine when a business move is too risky and should be played safe.

3. Access to Networking Opportunities

professional development

The most successful mentors will have a network of people with a wide range of skills and experience. Potential partners, investors, and others will be more willing to take a chance on you when someone in their network recommends you. Your mentor may also be a member of a business club that helps with professional development. This gives you the added opportunity of attending invite-only networking events and meeting fellow visionaries that can help grow your company and brand.

4. Stronger Strategies

Growing your business involves an endless number of details, from budgeting and business planning to marketing and developing the product or service itself. For an individual just starting out, this can be an overwhelming amount of decisions to make. A mentor can help you create more effective strategies while ensuring you cover every aspect necessary for starting a successful business.

5. Emotional Intelligence

Bold and confident startup founders can sometimes make rash decisions based on feelings and emotional responses. When an entrepreneur has high emotional intelligence, they boast the ability to understand and control one’s own emotions. This allows them to make smart and level-headed choices. Mentorship from a mature advisor can help you develop your emotional intelligence, so you can make better judgments for your business.

 

If you’re getting your business off the ground, professional development tools and resources from ACA Business Club St. Louis could help give your startup a boost. This private club is based in Chesterfield, MO. It offers invite-only opportunities for professionals in all industries to share ideas, network, and create high-quality relationships. Call (314) 628-0690 or visit their website to learn more about the process and benefits of membership. For updates on upcoming events, follow them on Facebook.

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