Jean-Jacques Degroof's profile

Four Reasons Why Every Entrepreneur Needs a Mentor

Jean-Jacques Degroof is a multifaceted professional. Originally from Belgium, he is a venture investor, an instructor at several European business schools, and a philanthropist, academic, and mentor. Over the last few years, Jean-Jacques Degroof has scaled down the time he spends teaching entrepreneurship and innovation management in favor of mentoring young tech entrepreneurs.

There are many reasons why every entrepreneur needs a mentor. Here are a few:

You can learn a lot from a mentor. Many entrepreneurs scale their businesses too quickly or don’t separate their business and personal accounts, which eventually leads to their companies failing. Mentors can help you avoid these and other common mistakes by sharing their experiences.

A mentor can open doors for you. Given their years of experience, your mentor most likely has an extensive network of senior decision-makers that you may not be able to access. A mentor can help you tap into that network to grow your business.

A mentor will encourage you when things get tough. In your entrepreneurship journey, you’ll face difficulties. A mentor is someone you can turn to for guidance or motivation when you think you can’t go on.

A mentor will help you to succeed. Numerous studies have shown that entrepreneurs who built successful businesses attributed part of their success to having the right mentors. So, you’re more likely to succeed if you regularly consult an experienced business leader than if you go it alone.
Four Reasons Why Every Entrepreneur Needs a Mentor
Published:

Four Reasons Why Every Entrepreneur Needs a Mentor

Published:

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