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Where Entrepreneurs Find Powerful Business Mentors

Posted on Mar 24th, 2019
Business Skills & Planning

finding mentors for successful entrepreneurs

The benefits of having a powerful business mentor as entrepreneur are well documented – whether it’s providing access to markets, helping to connect you with their powerful networks or providing crucial strategic input at a critical point of a business’ development.

Sharing their TOP go-to sources for entrepreneurs to find powerful business mentors are business consultants:
– Anton Ressel, senior consultant and mentor at Fetola Business Growth Professionals, a business incubator
– Ncebakazi Nompula, founder of Global Excellence Enabler Solutions, a consultancy company that offers services such as employee coaching

Ressel advises entrepreneurs to start with their immediate circle. “The most obvious (and usually cheapest) place to start is your own personal network. Are there any people you admire, perhaps a family friend or previous boss or manager, who you could ask for some mentorship support?”

There are a number of channels you can look at when trying to find a business mentor, says Ressel.

Nompula’s advice is for entrepreneurs to mine their professional network.

“Think about approaching the founders and key executives of companies in your space, who you admire.”

Nompula and Ressel give their lists of where to find mentors.

Ressel ‘s Top Channels:

1. Industry and networking events

Examples: Heavy Chef; The Hook Up Dinner (THUD) SA; Township Entrepreneurship Alliance; #Back2Kasi Seminars; eKasi Entrepreneurs; Xtraordinary Women; MTN’s Digital MasterclassYoco Meets; She Leads AfricaThe Startup Grind

2. Associations

Examples: Chambers of Commerce; NSBC; Southern Africa Tourism Services Association (SATSA); SABEF; Simodisa, Demo Africa; Franchise Association of South AfricaLionesses of Africa

3. Small business and entrepreneurial development centres

Examples: The Silicon Cape Initiative22 on SloaneSilulo Business Incubation CentreAlphaCodeBlockstarters; Tshimologong Digital Innovation PrecinctRiversands Incubation Hub

4. Social media networks

Examples: Social media groups including: BrownSense; Shingler Connect; Girl Code ZA; Twitter chats like #WeTalkBiz, #PRChatAfrica, and #SistaHoodHour

Nompula’s Top Channels

1. Seminars and conferences

Examples: Fundex; LeaderexEnterprise and Supplier Development Expo; NSBC’s The Business Show; AWIEF

2. Non-profit organisations

Examples: Township Entrepreneurship Association (TEA); Cape Innovation and Technology Initiative (CiTi); The Hope Factory; JoziHubShanduka Black UmbrellasThe Tony Elumelu Foundation Entrepreneurship Programme

3. Colleges or universities

Examples: Bertha Centre for Social Innovation and Entrepreneurship; Gordon Institute of Business Science (GIBS); Raymond Ackerman Academy of Entrepreneurial Development; Regenesys Business SchoolWITS Business School’s Centre for Entrepreneurship Youth