Mentoring is crucial in ensuring entrepreneurial success
Building a business from a simple idea is one of the noblest endeavors an entrepreneur can embark on.
As an aspiring business-builder, you will experience times of great success, tremendous defeat, long nights and the constant fear of failure. Entrepreneurship can be lonely, fulfilling, scary and exciting all in the same sentence.
For most, the idea of becoming an entrepreneur never crosses their mind, but those who pursue this great endeavor understand the difficulty in building a business and the exhilarating feeling that progress can bring. Building a business isn’t for the faint of heart, but entrepreneurs who have successfully built an enterprise consistently point to a key metric for their success, mentoring matters.
Like most other things in life, “it takes a village” to succeed as an entrepreneur because the harsh reality is, there is no such thing as an overnight success. Entrepreneurs break rules and make mistakes, all in the effort of moving their business forward. For this reason, having a mentor is invaluable because a good mentor’s advice will help you take action on your imperfect “good plans,” and they can give you extra confidence to move forward without hesitation.
As an entrepreneur, you always find yourself in situations where you “don’t know what you don’t know,” but you have to stay in motion and make decisions regardless. Without a savvy guide in the form of a mentor, you may wind up making crucial early mistakes that would have otherwise been avoidable.
As Wichita continues to build a community that not only encourages entrepreneurship, but embraces and supports it, we must intentionally come together to cultivate an environment for entrepreneurs to succeed. An environment that provides direction, opportunities, and traction to launch. Ideas are a dime a dozen, but it is the execution of an idea that creates a business.
If you’ve experienced success as an entrepreneur, it is your responsibility to instill that experience and wisdom to those embarking on the same journey you began once before.
You see, success doesn’t come naturally. Success is taught. Success is learned. Success is recognizing an opportunity to teach and an opportunity to learn.
Jacob Wayman is director of the e2e Accelerator. Contact him at jacob@e2eaccelerator.com.
Interested in writing for “Business Perspectives”? Contact Tom Shine at tshine@wichitaeagle.com or 316-268-6268.
This story was originally published May 24, 2017 at 3:09 PM with the headline "Mentoring is crucial in ensuring entrepreneurial success."