The initial step is the establishment of your “personal objectives". Your personal objectives include the standard of living (income level) you require, and what lifestyle (leisure time) you aspire to, both now and in the future. This can then be translated into an amount of hours you wish to invest each week working on your business and what level of income you need to support your lifestyle.
Having established your personal objectives, it is then appropriate to determine what you require your business to provide in order to achieve your personal or primary objectives.
The first step is to establish a vision of the business, as you would like it to be when it is fully developed.
A statement should be committed to writing, briefly stating the standards and philosophies that the business is to follow with regard to its products and relationships with employees, suppliers and customers.
The setting of goals and objectives for the business, in line with the business vision and the personal goals of the owner is the next item on the agenda.
Establishing business plans and budgets to achieve these goals is the final step of the blueprint of a successful business.
A Mentor can provide a progressive program of advice on raising the professional approach to business activities by:
developing systems to continually analyse the business' activities and functions
establishing core values and standards for staff to work by
developing an organisational strategy
developing a marketing strategy
developing a management strategy
developing a people strategy
developing business plans
scripting and systematising the business as far as possible
Business Mentors consult with clients on a project basis but prefer appointments that are ongoing. This allows the monitoring of the implementation process of recommendations to ensure desired results are achieved.
Ongoing consultancies allow Business Mentors to act as a sounding board and catalyst for the owner/manager to:
prepare strategies for the business
develop business plans
brainstorm business problems
provide alternative and informed views
network with other businesses and managers
ensure that suitable operating reports are produced, reviewed and analysed on a regular basis
receive encouragement and reassurance
We tend to concentrate on the activities we like to do. The rest are avoided unless someone is consistently reminding us of the necessity to do those activities or alternatively is assisting to organise ways to overcome the necessity for us to do those activities.
RAPPORT SYNERGY - SUCCESS
Business Mentors help you to develop your business and we recommend an initial no obligation discussion to establish whether we have the rapport which will ensure synergy and a successful relationship.
you fully understand our "mentor/coach" role
we are compatible in our approach
you really want to change your current situation
you are prepared to "bear the pain" of changing
you are a "learning type" person
you are prepared to make the investment of your time