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3 ways a mentor can help you succeed
With a mentor's help, you could reach more customers, work more efficiently, and grow faster in the digital world.
Win one of 5 registrations (worth $295+GST)
Enter for your chance to have a mentor by your side for up to 12 months.
Closes 11:59pm 14 June.
Enter draw(external link) — Business Mentors New Zealand
Nail your pricing strategy
Money matters in business. A good pricing strategy should consider your costs, customers, and competition. Understanding these three elements lets you consider which pricing model fits best.
A mentor can guide you to:
- make better financial decisions
- find funding when needed
- keep your business running smoothly even when times get tough.
Although there's no one-size-fits-all strategy for pricing, it's worth taking time to get it right for your business.
Case study
International market opens up with mentor’s guidance
Cate and Mike King of Pauariki Honey in Gisborne experienced the transformative power of mentorship.
Paired with mentor Patrick Brookman, whose extensive overseas experience in the food and nutrition markets proved invaluable, they gained insights and contacts that reshaped their business trajectory after losing a quarter of their honey hives to Cyclone Gabrielle.
"Patrick automatically identified the need for us to diversify by exporting honey overseas and had ideas on how and where we could focus our energy," says Cate.
In October, the pair accepted Patrick's invitation to pitch their honey to seven supermarket vice presidents in the United States, a milestone for New Zealand companies. Thanks to their mentor's guidance, they're ready to expand.
"Not only have we found a new international market to sell our honey in, but we have also gained a new friend," says Cate.
Transform your digital use
Technology is reshaping the business landscape rapidly. The pace of technological change can be intimidating, and it's easy to feel overwhelmed.
That's where a mentor can help.
They can be your external sounding board, bringing an objective perspective on the technology and its potential impact on your business.
A mentor can highlight new ways you can use technology to your advantage, including suggesting setting up online shops, advertising online, and streamlining your operations, leading to reduced costs and increased productivity.
They'll be there to walk alongside you – in the real world – whatever the future brings.
Network and collaborate
Connections can be critical in business. Mentors can help you open new doors by meeting other business owners, experts, and potential partners.
By networking with your mentor's help, you can find new opportunities, share advice, and get support from others in the business community.