Need a Mentor? Consider Partnering with a Business Angel!
Do you have a new business and want the help of a mentor to push your goals forward faster? Consider a business angel. They can provide you with much more than just mentoring. Here is what they can do for you:
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Start up capital – they can get your business up and running faster by giving you up to $1 Million dollars. That should get you the machinery or equipment you need to keep moving forward.
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Skills and experience – they will share with you all of their skills and experience. Since business angels are entrepreneurs themselves, they understand exactly what it takes to start and run a business. They understand the hardships, the joys, the frustrations. By learning from them, you reduce your learning curve and avoid their costly mistakes.
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Mentoring – this is similar to the above point. They will work with you on a daily basis and be accessible by answering your questions and giving their opinions and advice on how best to handle your business, start making a profit and reach your goals.
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Contacts – They will give you liberal access to their rolodex. Keep in mind that they have spent many years cultivating these relationships; now it’s your turn to get to know these people and convert them to clients, customers and referrals. Networking is one of the key components to a successful business.
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Commitment – investors will stay 100% committed to your business and make sure that you start making a profit as fast as possible. As long as you heed their advice, share that commitment and have a good working relationship with them, there is no reason your business can’t be as successful as theirs has been.
As you can see, business angels provide much more value than mentoring alone. They can give you a long career of entrepreneurship and put you on the fast track to success. Your goals will be reached far sooner than going it alone and your business will be recession-proof. Once you have reached your pinnacle of success, you can then become a business angel and help a struggling entrepreneur.
About the Author:One of the best websites in this regard is entrepreneurinvestornetwork.com.au, which aims at uniting angel investors looking for business investments in Australia with budding entrepreneurs in the country.Log on to the website today. You will not be disappointed.
Article Source: ArticlesBase.com - Need a Mentor? Consider Partnering with a Business Angel!