Finance Role of mentorship when funding your business

[Augusta]

Mentorship is needed in the different areas of our lives and getting for your business funding shouldn't be an exception. A mentor here will be a person that have financial knowledge on how you should fund your business appropriately

So what would you benefit from having a mentor when funding your business.

Knowledge on the best funding sources. You would get to know the best funding channel you should use.

You would have one that will make you be accountable. Funding need you to be prudent in your spending, you will be a lot responsible when you have a mentor

A mentor will aid with connection to some financial sources. You know they must have used the right sources and know they best ones to use. They can even help you get the financial aid with ease.

What do you think?

 

[Good luck]

It is good to have a very good mentor when it comes to doing any business.A lot of people do not have foresight of the business they engage in before doing which later make them to go bankrupt.You need a mentorship advice to have a great returns of your business.you need to be focus to learn from your mentor in funding trading.

 

[Mika]

Instead of a mentor, who will always be meddling in your business but wouldn't bear the responsibility if there is a loss, I would prefer to have a partner who not only shares profits from the business but also loss, and in the mean time also work for the success of the business.

 

[Jasmine]

Why would people mentor you to manage your business, if they do mentor you, they would be charging money. Why should you pay someone to mentor you? Will they bear the loss if their advice does not work and your business encounters loss? Why not build knowledge and skills instead.

 

[Mandy96]

I think a mentor is needed in every role concerning business and not just only when it gets to the funding level, I mean, if you aspiring to start a particular business it is always wise to go find out more about it from people that are already in it for years to give you more lecture about what you are about to invest your money in. This is simply help you prepare for the ups and downs of it, because obviously, life is not a bed of roses, you just have to ideas about what you are getting into, at least to some extent