These Online Business Mentoring Programs Will Boost Your Success Chances as an Entrepreneur

online business mentoring

“I need a mentor.”  “Where can I find a business mentor?” “Is there any online business mentoring program available for young aspiring entrepreneurs?” “I have a business idea but I don’t know how to get it off the ground. I get confused sometimes I don’t know the next step to take!”

it’s unfortunate that we lack good mentoring in Nigeria. That was one of the major problems I had. I lost over 10 million Naira due to business mistakes as a result of lack of mentoring – Interview with Eze Chijioke, CEO GoodDay Paper Mills Ltd

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Does this sound like you? I bring you answers and you are going to love it! Something wonderful has been happening in Africa. You can now get access to solid, personal online business mentoring right in your room. No, seriously! In this article I will show you how.

Starting a new business is not easy; it has been described as ‘very scary’ by some people. You try, you make mistakes, you learn and then you try again until you succeed. This trial and error process often comes at huge capital, material and time expense. As most entrepreneurs usually admit, things go a lot better and smoother when there is a mentor to guide and direct. You read all the books you can, and that helps a lot, but sometimes you need to just talk to someone and receive direct feedback.

Having access to the guidance and business expertise of experienced professionals greatly increases your chances of success.

What Having a Mentor Can Do for You

  • Having a good mentor can be a big boost for a startup.
  • A mentor can cut the learning curve; you make fewer mistakes. Mistakes are perfect for learning but a mentor makes sure you don’t bury yourself in them.
  • A Mentor provides industry expertise and first hand experience. You learn from someone who has been where you are trying to get to.
  • A mentor can be a good sounding board. Talking to someone often clears the head and allows inflow of fresh ideas.
  • Motivation. A good mentor knows what it means to feel the whole weight of your startup crashing in on you. He/she motivates you to keep going when everything else is screams ‘QUIT!’
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What a Mentor Will NOT Do for You

  • A mentor will not sit in your chair and do your work for you. You get to write your business plans yourself.
  • A mentor will not create business ideas for you. A mentor helps you refine and develop the ideas you have. If you are wondering, these powerful tips can help you generate profitable business ideas.
  • A mentor will not give you money. It should be the other way round. True, a mentor can point you in the right direction when it comes to capital sourcing. Don’t ask your mentor to raise the capital for you.
  • You do your research yourself.

Find a business mentor through these online business mentoring programs…

The online programs below provide mentors that could really help your business.

1. MicroMentor

MicroMentor is a free, easy-to-use social network that allows entrepreneurs and volunteer business mentors to connect so they can solve problems and build businesses together. The community has already created thousands of mentor-mentee matches and continues to make an impact through the power of mentoring to help small businesses thrive.

Cynthia Ndubisi is one of their many success stories. She joined the MicroMentor mentoring program to get guidance and support for her new startup. she was connected with Gary Mastro, a former Vice President of Brand and Product Marketing at UPS. Their mentor-mentee relationship yielded amazing results. Cynthia went on to launch EverGlow, a bio degradable liquid soap that gained so much traction and marketing advantage that it quickly crossed the Nigerian borders and entered the Zambian market. But that is just the beginning of the story. Read the full story here.

Joining MicroMentor is easy. Simply click here to get started

2. Venture Capital For Africa (VC4A) Mentors

The aim of the VC4A mentoring program is to help promising entrepreneurs in establishing and building great companies. They do this by matching seasoned mentors to promising entrepreneurs.

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VC4A is a venture capital network. A community of investors and experts who do everything they can to help African entrepreneurs achieve their dreams. As a registered entrepreneur, you can promote your venture and raise finance. Take a look at some of their completed success stories.

To get started you need to register your venture after which you have the ability to request for mentoring support. Requests pass a screening process before they are posted to the mentor marketplace. This is how the program works and you can start here to join the community

3. Mara Mentor

Mara Mentor is an initiative of Mara Foundation, Mara Group’s social enterprise established in 2009 by Ashish J. Thakkar, Founder of Mara Group. Mara Mentor is an online platform and mobile application that enables ambitious entrepreneurs to connect with peers and business leaders. It empowers entrepreneurs to build their businesses into agents of job creation and economic advancement. It inspires, thereby facilitating a collaborative approach to business start-up and growth. The Group is currently active in 22 African countries and 24 countries world-wide. Click here to join the program.

4. Tony Elumelu Entrepreneur Program (TEEP)

This is another wonderful initiative to raise African entrepreneurs. TEEP offers brilliant mentoring and support program to selected aspiring entrepreneurs. No, it is not an online program and you have to wait till the application portal opens but it’s definitely worth waiting for. These are some of their success stories

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So what are you waiting for? Your startup breakthrough could be just a mentor away. A mentor is just a click away. Go on and get started.

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