• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Balancing Health, Longevity and Finances

December 4, 2025

I’m 70 and Need to Buy Life Insurance to Cover My Funeral Costs. Where Do I Begin?

December 4, 2025

These 5 Retirement Mistakes Cost Me $180,000—Here’s How to Avoid Them

December 4, 2025
Facebook Twitter Instagram
Trending
  • Balancing Health, Longevity and Finances
  • I’m 70 and Need to Buy Life Insurance to Cover My Funeral Costs. Where Do I Begin?
  • These 5 Retirement Mistakes Cost Me $180,000—Here’s How to Avoid Them
  • Inside the Dorm-Room Side Hustle Fueling the $1.6 Billion NIL Gold Rush
  • The Era of Blockchain Hype Is Over — Execution Is What Will Drive Adoption
  • How to Turn Disruption Into Your Greatest Advantage
  • San Francisco Sues Coca-Cola, Nestle, Kraft, Other Giants
  • White House unveils ‘Trump accounts’ for children with $6.25B Dell investment
Thursday, December 4
Facebook Twitter Instagram
Indenta
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
Indenta
Home » How Mentorship Shapes Resilient Leaders and Thriving Teams
Make Money

How Mentorship Shapes Resilient Leaders and Thriving Teams

News RoomBy News RoomDecember 22, 20243 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

Entrepreneur

When I first started my business, the word ‘mentor’ felt abstract to me. I thought successful entrepreneurs inspire us with their stories and achieve everything through their knowledge, determination — and maybe a bit of luck. But the real experience turned out to be way more complex. Behind every great success is someone who helped guide the way, asked the right questions and pointed them in the right direction.

Today, I’m 100% sure that the role of a guru in a company’s success cannot be overstated. But reaching this point of understanding took time. This time was filled with certain mistakes, realizations and the kind of help I didn’t always appreciate when I should have. And now, I would love to share some personal and professional lessons I’ve learned along the way.

Related: Be a Mentor: 4 Simple Ways to Change a Life

Lesson #1. You can’t buy this experience

When I started my first business, I was convinced I had it all figured out. And that’s pretty normal — young entrepreneurs often believe in their uniqueness. We make ambitious plans, not always realizing that the road ahead includes not just victories but plenty of challenges, too.

At the time, I thought my ability to learn quickly and make decisions on the fly was all I needed. But within a few months, I realized I hadn’t just underestimated the complexity of running a company — I had completely ignored the value of experience. My first major crisis, a financial one, pushed me to seek advice from a more advanced colleague. And it’s funny — I didn’t even recognize it as mentorship; it seemed to be just a quick fix for a problem. But that conversation changed everything.

My colleague didn’t give me ready-made solutions. Instead, he asked questions that made me think deeply: “Why do you believe this approach will work?” and “How will this decision impact your business a year from now?”

These questions formed the basis for my first real attempt at strategic analysis. Then, I realized that true experience isn’t just knowledge — it’s the ability to see beyond the immediate situation.

Related: You Need a Mentor. Here’s Where to Find One for Free

Lesson #2. A guide through chaos

Startups are inherently chaotic. New ideas, limited resources and constant uncertainty create a pressure cooker environment that not everyone can endure. At one point, I realized that the chaos was affecting my team, too. They began asking questions I didn’t have answers to, which only added to the tension.

That’s when I reached out to an experienced entrepreneur I’d met at an event. He became my first true mentor — I paid to get his knowledge. He helped me bring more structure to my team and also taught me how to manage stress, delegate tasks effectively and strike the right balance between speed and quality.

One of the most valuable outcomes of our work was this: “You don’t need to know everything, but you need to know who can help.” That quote became a guiding principle in my work. It reminded me that mentorship isn’t always about getting answers — it’s about being able to ask the right questions and receive objective feedback on your ideas.

Lesson #3. More than advice

Mentors are often seen as sources of business advice and strategic guidance. But in my experience, they played another huge role: They motivated me when I started to doubt myself. This was especially important during a tough period with my second startup when we hit a roadblock trying to raise funding.

After one potential investor turned us down, the project seemed to be starting to fall apart. That’s when my mentor told me, “Don’t let one rejection define the future of your startup. You’ll learn more from your failures than from your successes.”

Those words changed my perspective. They pushed me to rethink my fundraising approach and helped me see setbacks as opportunities for growth and reflection. That encouragement was just as valuable as any piece of strategic advice — it gave me the resilience to keep moving forward.

Related: 6 Factors You Must Consider When Choosing a Mentor

Lesson #4. Don’t be selfish

Over time, I realized that mentorship wasn’t just something I needed — it was something my team had to have. While I took on a mentoring role for my employees in certain areas, I noticed gaps in expertise that required external guidance.

I made my key team members find external mentors they could consult with. Initially, the idea was met with some skepticism. After I explained my perspective, though, they agreed to give it a try. It felt like an experiment because none of us knew exactly what to expect or how it would work in our company.

The results exceeded our expectations. Over the next six months, my team became more confident, gained a deeper understanding of their roles and started proposing new solutions. By the time we had our next video meeting, it was clear to everyone that the experiment had been a success. Mentorship helped each individual involved in the experiment while elevating the entire organization.

Why that matters

Working with various startups today, I see just how transformative a mentor can be for a company’s success. They are people who share knowledge, like partners who help you avoid pitfalls, spot opportunities you might have missed and keep pushing forward when things get tough. They’re a teacher who passes on their expertise while watching you grow and honest friends who won’t let emotions cloud their judgment.

In startup mentors, the corporate culture is consistent while decisions are made faster, mistakes are corrected more effectively and teams work more cohesively. This isn’t a coincidence. Mentors offer guidance while creating an environment where knowledge is passed down, ensuring continuity and growth from one generation to the next.

My personal and professional story helped me understand that mentorship is a solid foundation for growth. Every startup faces challenges, but having the right guru helps them overcome them faster and with fewer losses — whether in resources, time or talent.

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

I’m 70 and Need to Buy Life Insurance to Cover My Funeral Costs. Where Do I Begin?

Burrow December 4, 2025

These 5 Retirement Mistakes Cost Me $180,000—Here’s How to Avoid Them

Make Money December 4, 2025

Inside the Dorm-Room Side Hustle Fueling the $1.6 Billion NIL Gold Rush

Make Money December 4, 2025

The Era of Blockchain Hype Is Over — Execution Is What Will Drive Adoption

Investing December 4, 2025

How to Turn Disruption Into Your Greatest Advantage

Make Money December 4, 2025

San Francisco Sues Coca-Cola, Nestle, Kraft, Other Giants

Make Money December 4, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

I’m 70 and Need to Buy Life Insurance to Cover My Funeral Costs. Where Do I Begin?

December 4, 20251 Views

These 5 Retirement Mistakes Cost Me $180,000—Here’s How to Avoid Them

December 4, 20252 Views

Inside the Dorm-Room Side Hustle Fueling the $1.6 Billion NIL Gold Rush

December 4, 20252 Views

The Era of Blockchain Hype Is Over — Execution Is What Will Drive Adoption

December 4, 20252 Views
Don't Miss

How to Turn Disruption Into Your Greatest Advantage

By News RoomDecember 4, 2025

Entrepreneur Key Takeaways Instead of avoiding disruption, learn to work with it and find opportunity…

San Francisco Sues Coca-Cola, Nestle, Kraft, Other Giants

December 4, 2025

White House unveils ‘Trump accounts’ for children with $6.25B Dell investment

December 4, 2025

Dell’s $6B Gift Fixes A Small Flaw In Trump’s Child Accounts

December 3, 2025
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

Balancing Health, Longevity and Finances

December 4, 2025

I’m 70 and Need to Buy Life Insurance to Cover My Funeral Costs. Where Do I Begin?

December 4, 2025

These 5 Retirement Mistakes Cost Me $180,000—Here’s How to Avoid Them

December 4, 2025
Most Popular

12 Steps for Building a Successful Freelance Career

March 4, 20259 Views

Chocolate makers’ prospects sour as cocoa prices spike

August 27, 20238 Views

4 Ways To Downsize After Retirement

July 29, 20257 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 Inodebta. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.