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Traction Inc.

11 Jun Five Secrets to Successful Business Mentoring

Posted at 8:00:00 AM by Chris Hallberg


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.

Everyone aspires to becoming a good business mentor, but it isn't always easy to focus on mentoring when you're running a business. These five tips can help you uncover the secrets of good leadership skills.

1. Learn to Listen to Your Staff

By becoming a proactive listener, you can find out about problems that concern your staff. Listening will give you the knowledge you need to deal with workplace issues, and will also help you respond better to employee needs.

2. Learn to Empathize

Your employees probably come from a wide range of backgrounds, which naturally gives them a different perspective from yours. By learning to relate to these different perspectives and points of view, you can become a more effective leader.

3. Learn How to Tell a Good Story

One of the best ways that people learn is through stories and examples. Try to come up with stories — perhaps incidences from your own past — to illustrate points you’re trying to make. This will make your instruction more memorable and enjoyable.

4. Respect your Employees and Recognize Boundaries

Far too often, employers use a heavy-handed approach that makes employees defensive and unreceptive. Be sure to treat staffers with respect while you’re instructing them.

5. Invest in Small Business Coaching Tools

Small business coaches specialize in helping entrepreneurs develop the mentoring and leadership skills they need. That's why, as a business owner/mentor, one of the best things you can do is invest in the Entrepreneurial Operating System®.


Getting the Help You Need: The Entrepreneurial Operating System®

The Entrepreneurial Operating System® (or EOS®) is a comprehensive business system that provides a complete set of proven business and leadership tools. These tools focus on three components:

  • Vision: This ensures that your company mentors and leaders (as well as your staff members) are 100 percent on the same page, with the same vision for your company’s future.
  • Traction: This is the operational technique that helps your management staff become more accountable, disciplined and trustworthy.
  • Health: The success of your business depends on management working together to create a cohesive, healthy leadership team.

The EOS Model™ focuses on six management components that lead to healthy leadership:

  • Vision: Sharing a mutual company vision
  • Data: Keeping a scorecard of measurables to achieve success
  • Process: Following standard protocols and processes
  • Traction: Bringing discipline and accountability into day-to-day operations
  • Issues: Dealing with issues and challenges
  • People: Getting the right people in place for the right projects

The EOS Process™ includes a comprehensive toolkit that you can use to strengthen every aspect of running your business, from operations and accountability to leadership and building trust.

In addition, the Entrepreneurial Operating System® includes comprehensive small business coaching and consulting sessions on a one-on-one basis, so you can get customized help tailored to your company’s needs.

If you understand the need for strong business mentoring and you’re ready to take your leadership skills to the next level, then you’re also ready for a free 90-minute consultation to help discover the tools you need — tools that have been proven to increase company revenue and profitability.

In this fast-paced world, mentoring may seem like a lost art; but experts agree that behind every successful entrepreneur, you’ll find a good business mentor. With the Entrepreneurial Operating System®, you can discover the secrets of great leadership, and learn how to apply these skills to make your company as great as it can be.

Download the Introduction to The Business Sergeant’s Field Manual 


Topics: Business Coaching, eos mentor