Here’s a stat that EVERY small business owner needs to know: A recent study found that 92% of small business owners concur that mentors directly affect their ability to grow. That number doesn’t surprise me one bit. Over the last 14 years, I’ve seen firsthand how powerful it is to have a mentor or advisor in my corner. These relationships have not only helped me navigate challenges in my business but have also helped fuel my growth and success, including scaling revenue year after year, and knowing when to walk away and cut my losses. The right mentor could be the difference between feeling stuck at your current level of business leadership and making your next big stride forward. So, what should you look for in a mentor to support you along your journey? They should have these three qualities👇 1️⃣They have life experience. Seek out mentors who are a little older, have lived through multiple different economies and seasons of life. There is a certain wisdom that comes with life experience and the ability to weather different types of economies. 2️⃣They have had serious success in their industry. A good mentor should know what it takes to win big in their industry and have a proven track record of success. Ideally, they would have multiple successes and a range of experiences to advise from. 3️⃣They have had massive failures. I know – this one might shock you 😂 However, when you look for a mentor, you should be searching for someone who has experience with big wins and losses. The ability to recover and build something significant after failure, says a lot about someone’s mental toughness and ability to learn and adapt. If they’ve only experienced success, they are likely not being honest OR they have a very limited skill set. People who have not failed big view challenges through a filtered lens and with a limited perspective or resilience skill set to be able to advise others. The combination of these 3 qualities creates a mentor who can guide you with real-world insights and balanced advice — because they understand the full spectrum of what it takes to truly build and grow a business and have a lite. These types of mentors are the people I surround myself with to ensure I have the mindset to weather any storm on my growth journey, both professionally and personally. Tag and shout out the mentors who’ve made a difference on your business journey below! #KaseyDamatoCoaching #womeninbusiness #businessmentors
Mentorship is so beneficial, and has greatly impacted so many business leaders.
Totally Kasey! The best mentors aren’t just about wins—they’ve weathered storms and come out stronger. Wisdom, resilience, and real-world grit make all the difference. 🔥 Love this reminder to choose mentors who’ve truly lived it!
Kasey DAmato, mentorship success requires both victories and failures to guide others effectively.
Yes to this Kasey D'Amato!!! We can't do it alone and mentors are the secret sauce
I would agree with that 92%!
Such valuable insights!
Real-world experience beats textbook advice any day! Kasey D'Amato
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2wYou simply cannot overstate the value of hiring a coach/mentor. Invaluable insights, experience, and speed.