Building Your Business

How a mentor can change your business

“It is likely that 30% of all new businesses won't survive past 24 months, that number rises to 50% after five years.”

– Wasp Barcode; State of Small Business Report

Photo by Iain Farrell

of mentored businesses survive more than five years, double the rate for non-

mentored small businesses over that same period.

–US SBA

70%

What is a mentor?

In simple terms a mentor is someone who is experienced and can offer advice,

guidance and assistance with real-life perspective.

“Mentorship is simply learning from the mistakes and mastery of a successful

person in his/her field.”- Bernard Kelvin Clive

What do they do?

Mentors work with their mentees to achieve their goals.

They offer advice on how to take the next step in

a career or improving business.

How can this benefit you?

A mentor will provide you with:

• The confidence to go after your dreams• Assistance in setting realistic goals

• Advice to achieve your goals• A perspective into business• An opportunity to network

• Assistance in developing your business skills

“Whenever I am asked what is the missing link between a promising businessperson and a successful one, mentoring comes to mind.”

- Richard Branson

Where can you find a mentor?

A mentor should be someone you admire on a professional level.

You may find them in the workplace or through mentoring programs.

You may find them in a friend or a relative.

What’s important is that you have a mutually respectful relationship.

Hotondo Homes builders work with the Franchise Sales Managers who provide guidance in developing, improving and

goal setting in business.

If you’re a builder who is interested in starting a business and would like to

learn more, please visit franchise.hotondo.com.au

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