** WARNING: connection is not using a post-quantum key exchange algorithm. ** This session may be vulnerable to "store now, decrypt later" attacks. ** The server may need to be upgraded. See https://openssh.com/pq.html The Importance of the Mentorship for SMEs | SME Events & Webinars

The Importance of the Mentorship for SMEs

The Importance of the Mentorship for SMEs - Live Session

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Every experienced South African business owner has, at some point, been saved by a phone call. A conversation with somebody two steps ahead of them who explained why a decision that felt obvious was actually a trap, or who introduced them to the person they now count as their biggest customer. That is what a mentor does. Not motivation, not cheerleading. Access to judgement you have not yet earned through experience.

The reason most owners never find that relationship is not lack of intention. It is a misunderstanding of what mentorship is, how it starts, and what the mentee owes to make it worth anybody’s time. This session gets that right.

Mentorship, coaching and consulting are three different things

A mentor gives judgement based on experience, usually unpaid, over a long time. A coach works with a structured process to help you make your own decisions better. A consultant is hired to solve a specific problem with expertise you do not have. All three are valuable, and confusing them is expensive.

Where mentorship fits: strategic decisions, patterns you cannot see because you are inside them, and introductions. Where it does not: fixing a specific technical problem, rescuing a business in crisis, or replacing your own judgement on the things you own.

What this session covers

  • Finding a mentor deliberately. Where they actually are, why the ones worth having rarely advertise, and the introduction that works.
  • Making it worth their time. Preparation, being specific, and closing the loop on advice they gave you. Mentors invest in mentees who use the input, not the ones who collect it.
  • Running the relationship. Frequency, format and what a good session looks like. Ninety minutes a quarter, well prepared, beats a monthly ramble.
  • The questions that get the best answers. Owners who ask “what should I do” usually get generic advice. Owners who ask “here is what I am going to do and why, what am I missing” get the mentor’s real thinking.
  • Mentorship inside your own team. How to become a mentor for people working for you, which is often the highest leverage development you can offer as an owner.
  • Programme mentorship. The value and the limits of structured programmes offered by accelerators, business development agencies and industry bodies.

The honest part nobody says out loud

Most owners who say they need a mentor actually need to make a decision. Mentorship becomes a delay tactic when you already know what to do and are hoping somebody more experienced will underwrite the choice. Good mentors recognise this quickly and stop investing in relationships that use them as permission slips.

The second honest point is that mentorship works both ways. A younger mentee brings context, energy and market insight a senior mentor has stopped seeing. The relationships that last are the ones where both sides are quietly learning.

Who should watch this session

  • Owners who have been told to “find a mentor” and never known how to start.
  • Founders about to make a significant decision and wanting a considered second opinion before they commit.
  • Business owners past the survival phase who want to accelerate the strategic side of the work.
  • Experienced owners considering giving back through mentoring, and wanting to do it well.

Programmes and support that exist in South Africa

Formal mentorship is available through several public and non profit channels. Seda provides business advisory support at no cost, including mentorship for qualifying enterprises. The National Youth Development Agency runs programmes for younger entrepreneurs that include structured mentoring. Industry associations often run mentor matching for members. Programmes are a legitimate starting point when you do not have a private network to draw on.

What to do after the session

Write down two decisions in the next six months that would be materially better with outside judgement. That is the honest test of what you need help with. Then list five people who have done something like what you are trying to do, and reach out to one of them this week with a specific ask, not a general request for guidance.

The message that works is short, specific and honest about what you are considering. Our free templates and guides include planning tools that help you frame those conversations, and if the decisions involve funding, our business funding pages set out what mentors will want to see.

Frequently asked questions

Should I pay a mentor?

Traditional mentorship is unpaid, which is what makes it distinct from consulting. If somebody is asking for a fee, they are consulting, and that is a different relationship with different expectations on both sides.

How do I approach somebody more successful than me?

Short message, one specific question, respect for their time. Most experienced owners will make thirty minutes for a well framed question from somebody who has clearly done their homework, and will ignore vague generic requests.

How often should we meet?

Ninety minutes a quarter is enough for most relationships once they are established. More frequent is closer to coaching, less frequent tends to lose momentum. Start where the mentor is comfortable and let the rhythm settle.

What if the relationship stops being useful?

End it gracefully. A brief message thanking them for what you learned and letting them know you will not be scheduling further sessions is respectful and normal. Mentors expect this.

Watch the session, then write down the two decisions and reach out to one person this week. Join the community to find mentors and peers, or see the other sessions.

speaker

YOLISA MOLEFE - Organiser

Yolisa Molefe | Speaker

Founder & CEO

at SNC-TAX

Yolisa Molefe is the Founder and CEO of SNC-TAX and a speaker at SME South Africa on business tax and accounting. She brings more than…

Jun

27

27 June 2024

9:00

- 9:45 SAST

Location

Zoom

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