According to a recent survey*, 88 percent of business owners with a mentor say that having one is invaluable. Confirming the importance of mentors, 70 percent of small business owners that receive mentoring survive for five years or more, double the rate of those who do not receive mentoring. “For many, starting a business can be overwhelming – it’s no longer just about exploring a passion or following a dream,” said W. Kenneth Yancy, chief executive officer of SCORE. “A mentor can help navigate the complex challenges that often come with being a business owner, and the guidance from someone who has been there themselves can be a real asset.”
“We know small business owners often feel alone, and that they don’t have anywhere to turn for help,” said Michelle Van Slyke, vice president of marketing and small business solutions for The UPS Store. “Having a mentor can be an invaluable resource.”
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