Bussit reports mentoring program increases success rate of new businesses
Charlotte Amalie, Virgin Islands -- (SBWIRE) -- 06/20/2014 -- Bloomberg reports eight of ten entrepreneurs who begin their own business fail within an 18 month period, for a variety of reasons. Some blame the failure on a lack of communication with customers, yet others believe a failure in leadership leads to the decline. With the help of Successful Online Home Business Mentors, many find their business not only succeeds, but takes them further than they ever dreamed possible.
"Mentors take on many tasks. Not only do they help the new business owner set goals and establish a plan to reach these goals, the mentor introduces the entrepreneur to professional organizations and resources they may not be familiar with. These small things make the difference between success and failure," A Semper of Bussit declares.
Mentoring works and 71 percent of Fortune 500 companies have now established this type of program within their organization. This trend is also seen in other companies, with 69 percent of companies surveyed by Catalyst reporting they have a mentoring program. These companies represent a wide range of industries, and some mentoring programs focus specifically on helping women move forward. Although a new business, for many reasons, won't have access to the same resources large corporations do, everyone benefits from a mentor, from the new entrepreneur to the company in business for decades.
According to Semper, the guide provides this mentoring, helping the new business owner get his or her site up and running, while avoiding many of the pitfalls which plague new companies. In addition, the guide provides hints and tips, things most won't find in other places, to help entrepreneurs reach the goals they have established. The guide takes very little time to read, as all information is delivered in a concise manner without any fluff.
Entrepreneurs find they have a great deal to learn when first starting out. From writing a business plan to valuing a business, the process tends to consume a great deal of time. The guide nurtures those wishing to strike out on their own and provides the encouragement many need to make their dream a reality.
"Download the free guide today to get the business off to a great start. Doing so helps to put the business ahead of its competition, even when first starting out. Entrepreneurs have nothing to lose and a great deal to gain by reading the guide so every new business owner, and those who have been around for a while, should take full advantage of this free resource," Semper states.
Auckland Semper Jr. founded Bussit to assist others in making their living by empowering new online businesses. Having the network connections and information allows the business to succeed while helping them to avoid common pitfalls, believing those who succeed do so as they have the right business mentor.