When you think of starting a new venture, besides other essential things like deciding on the product or service, raising capital, market strategy, and so on, keep in mind that you also need a mentor.
Most of the Indian budding entrepreneurs never think on this vital factor. A mentor is a person who has deep insights into the business those come with the experience that becomes a ready guide for you. He helps the young entrepreneur in taking the right and timely decisions to avoid common mistakes that almost every unguided entrepreneur do!
He can navigate you through the challenges that come your way.
He possibly knows of some or many solutions to the single problem and guides you to choose the right one to save your invaluable time, money and trouble.
A mentor is a place where you can unload your tensions to get the right guidance.
He helps you to clear up your confusion when you become indecisive while facing some unexpected problems.
In fact, he is a guiding force to his mentee who helps him to make better-informed decisions at every step that any upcoming venture needs. He helps in keeping motivation level up when the times are difficult or some tough decision have to make.
As an Industrialist and businessman, I many times have gone through tremendous psychological pressures when the things weren't shaping up the way I had planned. It was a lonely journey because the concept of the mentor who could guide towards the right path was absent then. Very few those had ancestral business background were only the exception. The scenario hasn't been changed much. I sailed through the troubled waters, but not so easily. I had to pay the cost of it!
Many failures come to you because you don't have a compassionate and expert guide! Finding one also is not easy.
But if an entrepreneur wants to be successful, his one of the priority should be to find one! A person who can be relied on, who has the practical business expertise and an ability to fathom the circumstances and find the solutions!
But the most important is he should be able enough to understand you!
He should understand your business, your goals, your abilities, and shortcomings and should be able to assist you at every step in the right manner!
The mentor is not your boss but a philosopher friend whose guidance or solution is not a compulsion on you.
In fact, he helps you to take the decision and sticks with you no matter what you decide and tries to get the best out of it!
I will explain my experience as a mentor with you so that you will understand how important it is to have a mentor to become successful in your venture!
-Sanjay Sonawani
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