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Why Entrepreneurs need 4 types of Mentors

Why Entrepreneurs need 4 types of Mentors

In my last post, I wrote about how I have relied on my parents and business mentors for advice and coaching during the building of Alike.   I didn’t mention how much I have also learnt to value good friends over the past few years and how a good friend is worth their weight in gold when you are feeling overwhelmed. I am privileged to have several close friends who have been amazing support during this building process. To me, they have been number 3 on my list of mentors and the list is not in priority order.   I recently realised how I was missing a 4th kind of mentor. Since my last post, I reached out to a guy I had met only once but knew had sold his share in a large serviced office business he and his team built from the ground up. Let’s refer to him as, John (so he doesn’t get hassled).   I was definitely nervous about  reaching out to John. I had nothing to offer so thought there was no way he would help out a guy he barely knows with insights and knowledge he had built up over 5 years of hard work.   What convinced me to do so was: 1. Being tired of stabbing in the dark and the growth curve seeming painfully slow 2. Realising my lack of specific job experience was what made my experimenting take so long 3. Reading this article.   So I gave it a shot and he responded in the best way possible.   John suggested to meet face to face and came and...
Mentors. From Parents to Successful Entrepreneurs.

Mentors. From Parents to Successful Entrepreneurs.

Starting up Alike, I have predominantly looked to my parents when I have faced difficult decisions. I haven’t had the money to pay an experienced professional consultant so my parents were my best first option and I am extremely grateful for the advice they have given.   As time goes on, I appreciate more and more the advice of people with experience. Whether it is my parents, business mentors, experts I outsource work to or members of Alike.   My father is an entrepreneur at heart. He lives in Havelock North with his partner Francie where they run several small businesses. They run Hawkes Bay’s largest window cleaning company, a Boutique (self catering) Accommodation business and have recently purchased a commercial property as an investment. He is not a stereotypical “rich” person but to me he lives a very rich life as he has what a lot of people never get – time. He has designed a lifestyle for himself over the years that works for him and his advice is really appreciated.   My Mum has worked lots of different jobs over the years (hospitality, real estate, administration) and completed a BA at Victoria University as a mature student. She has currently been working at Plunket NZ head office for approximately 8 years. Mum has no direct business experience on paper so would seem the least likely to give good advice but this has far from been the case – backed up by this Economist Report. Mum has been there for me through the tough times more than any body else with words of wisdom and logical encouragement so...