Introduction
History shows that mentors have played a significant role in grooming a leader and helping them create big empires.
If Chanakya mentored Chandragupta to become a great king of the
Maurya Empire, guru Dronacharya mentored Arjuna to become the best archer and warrior in the world, and he went on to win the war of Mahabharata.
Whether it is a political empire that one wants to create or a successful startup, the role of a mentor is to groom the individuals behind the enterprise. It is because the people run every enterprise, and it is the people who need mentoring.
In modern times, several studies have shown that businesses with mentors have a higher percentage of success than those that do not have mentors. Why is it so?
Mentors have years of experience that enables them to guide the new startup owners.
So let us discuss the essential role that the mentor plays in a startup.
1. A mentor plays the role of a guide: A mentor is essentially a guide who has walked on the same path before. Where a new startup owner may find things overwhelming as they face their challenges, a mentor has built several businesses and already experienced them. So they can guide the startups and help them find their firm footing on the ground.
2. A mentor shares their knowledge: Since the mentor has years of experience, they have a lot of knowledge regarding how to handle a situation, how to raise finances, how to market your product and services, and how to attract new clients. They offer their advice and opinions, and it helps the startup. The Startist is a company that can play the role of a mentor for a startup.
3. A mentor plays the role of a supporter: A mentor is a supporter of the startup owners when it comes to listening to their problems. For a startup owner, it can be a solitary journey. They have to make decisions like raising funds, hiring people, firing people, and they have to make these decisions alone. So a mentor here supports them, listens to them, and adds value with their experience and knowledge.
4. Mentor sensitizes management about customers: Mentors have exposure to building their business in the same market, so they educate the startup’s management about the challenges and pain areas of the customers.
It helps the startup owners to take their product, marketing, or customer service-related decisions in that light. The Startist is a venture that helps startups build their success and play the role of a mentor for the startups and established companies to take them to the next level.
5. Mentor is a motivator: When startup owners feel low or demotivated due to challenges, mentors motivate them with their wisdom. They often act as cheerleaders who show the way to the new entrepreneurs.
Conclusion:
If a startup is backed by the sound advice of an experienced mentor, its chances of success are higher. The startist is a company of experienced business professionals with a full-proof system designed to guide startups and take established businesses to the next level.