With so much emphasis on the bottom line, mentoring can sometimes take a backseat to profit and revenue; but, as any successful entrepreneur will tell you, mentoring is a crucial component of any successful business. A good business mentor builds employee confidence and morale — and by doing so, boosts motivation and enhances job satisfaction and performance.
Business mentors offer guidance and support to maximize business growth. Research shows that 70 percent of small businesses who receive mentoring services survive for five years or more — twice as long as companies without a mentor. Not all business mentors are the same, however. Only mentors that use the Entrepreneurial Operating System (EOS)® — a set of concepts that optimize vision, traction and company health — provide you with the tools you need to jump-start your business. Using an EOS mentor is an effective way to organize your business, invest in strategic growth and improve accountability.