Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

mentor

Advice is cheap. As a new business owner, you don’t have to take any advice you hear, but failing to listen and learn from someone’s prior experience can cost you a fortune. As a long-time mentor and business advisor, I find it ironic that many look only to friends for advice. They forget that friends tell you what you want to hear, while good mentors tell you what you need to hear.

When the message is the same from both, you probably don’t need the mentor anymore, but you always need the friend. Also don’t confuse a business mentor with a business coach. A business mentor helps to fill an experience gap, while a coach helps fill a skill gap. Both may be required.