The Importance of Mentorship for New Entrepreneurs

Starting a business for the first time can be isolating, confusing, and intimidating. It is rewarding and gratifying for those who experience success, but for those who experience failures and setbacks, it can be demoralizing. New entrepreneurs can save themselves stress and heartache by seeking advice from trustworthy, experienced mentors who have already endured the pains of first-time entrepreneurship.

Whether it is improperly allocating funds, focusing on the wrong part of the market, or not knowing how to use the Internet for advertising, new entrepreneurs can be prone to serious mistakes. Ryan Pitylak, CMO and co-founder of ZenBusiness, says, “I have seen new entrepreneurs make unfortunate mistakes like not saving up enough funds or going into debt to finance their business. If you don’t know how to deal with failure, it can make you feel lonely and vulnerable.”

To avoid making these mistakes, many new entrepreneurs have turned to multiple sources of information for business advice. Unfortunately, this can quickly become confusing due to the conflicting approaches they may hear.

Ryan Pitylak continued, “Many new entrepreneurs turn to the Internet, books, or other first-time entrepreneurs for business advice. It can be easy to lose your way with this scattered approach. Instead, your best bet is to find someone who has been in your shoes and knows how to succeed in the same circumstances that you face.”

Ryan Pitylak’s company ZenBusiness provides the sort of expert help many new entrepreneurs need. Its all-in-one platform offers an array of helpful options such as FinTech solutions, mentorship, guidance, and all the tools entrepreneurs will need to build successful businesses in the 21st century.