I have found over time. Having run through a whole host of businesses. That mentors and coaches have a specific value. Their best purpose is helping someone with NO businesses experience, but significant industry experience takes over a business. Think mechanic buying his bosses shop. The mechanic knows the trade but does not understand a business. So a mentor or a coach can outline specific steps with specific criteria to get them over the finish line and staying afloat until the mechanic understands business well enough to tailor their approach to their business.
But if you’re looking to start a business from scratch, especially with a non traditional product or service, you’re much better off meeting up with other actively building entrepreneurs.
And the people I most vehemently run from are those who are trying to become investors. I typically have a pretty innovative approach in my new businesses and active investors might claim to love it, but fuck do they try to mold the product themselves. No thanks. I’d rather take the money from a bank and build out the idea myself.
I have found over time. Having run through a whole host of businesses. That mentors and coaches have a specific value. Their best purpose is helping someone with NO businesses experience, but significant industry experience takes over a business. Think mechanic buying his bosses shop. The mechanic knows the trade but does not understand a business. So a mentor or a coach can outline specific steps with specific criteria to get them over the finish line and staying afloat until the mechanic understands business well enough to tailor their approach to their business.
But if you’re looking to start a business from scratch, especially with a non traditional product or service, you’re much better off meeting up with other actively building entrepreneurs.
And the people I most vehemently run from are those who are trying to become investors. I typically have a pretty innovative approach in my new businesses and active investors might claim to love it, but fuck do they try to mold the product themselves. No thanks. I’d rather take the money from a bank and build out the idea myself.