3 Benefits of Mentoring for Your Business

When we open a business, or need to make a difficult decision, we are so immersed in that universe that sometimes we may have difficulty understanding the scenario as it is presented. In this case, mentoring assistance is very useful, because it is an external view from an expert who will assist in decision making .

With that in mind, I created this article about 3 benefits of mentoring for your personal and professional life. So, stay with me to check it out!

What is mentoring?

Mentoring is a job similar to coaching and involves three aspects: the mentor himself, the mentee and the relationship between them. This relationship is based on the transfer of knowledge and experience that will assist in decision making. Therefore, the contracting party needs to explain from the start what its purpose is, as the outcome will depend on the quality of this communication. Don't forget that this is a process and not an instant procedure, so it takes time and a lot of work.

What are the benefits of mentoring?

When someone hires a mentor, it's because they need help improving some aspect of their life. This can be both personal and professional. This cooperation can produce many results and is very beneficial for both parties. Here are some of the advantages of investing in mentoring.

1. Knowledge retention

Mentoring differs from consulting in that it promotes knowledge retention.In consulting, the company hires a professional who assesses the reality of the organization and, then, provides a report on what needs to be improved. In mentoring, the mentor transfers his knowledge to the team, empowering him to promote the necessary changes, making him responsible for the company's success.

2. Reduction of training costs

If you are starting a business and want to reach your space in the market, your investment should be spent on your business essentials and you promote, as much as possible, cost reductions. From this perspective, mentoring provides cost reduction by team training, as the mentors themselves will be responsible for imparting knowledge to employees and training them to deal with different situations.

3. Assistance in implementing ideas

We often have a certain idea of where we want to go personally and professionally, but we don't have much knowledge about how to get to this space. Mentoring is a good alternative because it is an "outside view", which will present a more beautiful and clear view of the scenario, which together with you, can draw goals for the implementation of your idea. Mentoring, therefore, is very helpful for those who want personal and professional improvement. Good mentors often believe that this is a process of mutual learning and growth in which both can grow. The lessons learned from the benefits of mentoring will stay with you and can be used in many areas of your life. Did you like the article? Then,

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