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The smart man learns from his mistakes.
The wise man learns from the mistakes of others
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Entrepreneurs are simply those who understand that there is little
difference between obstacle and opportunity and are able to turn both
to their advantage
(Victor Kiam) |
What’s a business mentor?
Firstly, let’s make the distinction that a business mentor is not
a Business Consultant.
Consultants will do the work for you, often specialising in one
specific field. A business mentor is more of a teacher and advisor
with knowledge spanning a large variety of business areas.
Your SSB Mentor, is someone with extensive personal small business
experience. Your SSB Mentor is the person who will help you stay
focused to achieve your goals. Confidentiality is also a primary
benefit that comes with when you work with your SSB mentor and is
guaranteed from the outset.
It’s easy to get distracted when you’re running a business. Staffing
issues. Cash flow drama’s. Personal problems. Distribution
hiccups. The list goes on and on.
Your SSB mentor will help you refine your ideas, inventions and
inspirations and show you how to realise their potential. You can
tap into the brain of your SSB mentor for ideas on how to grow your
business and for contacts you need to get your job done more
effectively and efficiently, not to mention profitably.
When you’re running a business, it becomes increasingly difficult to
see your business as others do. Most business people work in
their business and not on their business. Your SSB mentor has
the clarity to take a fresh look at
your business and see it as your customers see it. Best of all,
he’ll always give you honest, genuine and useful feedback and it
won’t cost you anywhere near as much as you’ll have to pay for a
consultant.
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Micro and Small Business
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Micro business is a one person operation like a plumber,
electrician, consultant, gardener (Jim’s Mowing).
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Small business is a business that employs up to 10 people or
family business
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Free no obligation meeting
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(WIIFM)
What’s in it for me?
I’d be disappointed if you didn’t ask this question. Every small
business operator should ask this question first. After all, your
customers’ do.
SSB will:
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Help to ensure you invest your energy only in projects destined to
succeed.
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Help you eliminate or reduce the risk of failure.
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Give you access to the knowledge and experience of qualified
business mentors who already know what you don’t.
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Give you access to coaching in presentation skills that will help
you when you apply for finance and capital investment.
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Either give you or direct you to the contacts you need when you
need them.
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Show you how to create a business plan that has the power to
attract investors and financial support while keeping you focussed
and on track.
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Provide a passionate mentor who will make sure your eyes stay
firmly focussed on the ball so you can make the most of every
opportunity.
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Secure the privacy of your intellectual property through a signed
“Non-Disclosure” Confidentiality document that’s prepared before
any disclosure occurs.
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Only be successful if you are.
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Confidential
Once we agree to work together, a non-disclosure document is
prepared and signed by all parties. This document is designed to
protect you and to give you legal security that your business idea
/concept or invention is not made public or disclosed to other
parties by anybody at SSB. Confidentiality is paramount in
everything we do at SSB.
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Micro-managing
This is when a business owner tries to do everything alone.
If you own a business, you need to focus on the things you know best
and delegate other tasks. For instance, if a plumber
spends two days a month balancing the books, doing invoices and
preparing BASS statements, that’s 16 hours not spent in the field
making money. The plumber could hire a bookkeeper who could do
the same work, in less time, cost less money (and possibly make
money using their specialist expertise). Your SSB mentor will
help you identify the areas you should be focussing your energy on,
and direct you to others who can offer specialist skills to support
you and your business
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Commercialisation
Dictionaries define this process as follows:
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process of introducing a new product into the market
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to offer for sale; make available as a commodity.
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to organise something to make a profit
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to manage on a business basis for profit
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intended to make money, or relating to a business intended to make
money
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the process of transforming something into a
product, service or activity which may
be used in commerce, that is the
buying and selling of goods and services,
especially in large amounts
For
example: The commercialisation of football has turned it from
a sport, into a business. Kerry Packer
commercialised cricket with “World Series Cricket”.
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Do-it-yourself
“Tool and Templates”
The
primary benefit of any DIY project is the personal experience you
gain in doing it yourself. To master the management of your
business, it’s essential that you “do it yourself” and SSB give you
the “Tools” with help, guidance and knowledge. Think of it like a
carpenter teaching an apprentice what tools to use for a particular
job. The apprentice then progresses into the trade using that
knowledge.
These are templates for your Commercial Viability Assessment,
Business Plan, Partnership agreements or Marketing
analysis. Your SSB mentor can supply the document headings and
an outline of what information you need to complete that part of the
document. This makes it easier for you to know what
information you have to gather and provide for each of the processes
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Viability and Sustainability
By asking “is your business viable?”, we examine how you are funding
your business, whether you’re operating on borrowings, just paying
your bills, paying yourself a wage or maybe not even that, and
whether you have any money set aside for expansion and/or
redevelopment. A business is sustainable if it can
maintain a good profit over an extended period of time. To
find out whether your business is sustainable, we need to examine a
number of “what if’s?” and “then what’s?”. Knowing if your
business is viable and sustainable is vital if you are to succeed in
the long term.
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To contact us: |
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