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Three 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 December 2024.
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
Diving into success with a Business Mentor
Reece Kennedy of Jillyfish Swim School in Napier is a testament to resilience, passion, and the transformative power of mentorship.
Seeking a fresh perspective and motivation following the economic challenges brought on by the COVID-19 pandemic and a cyclone, Reece turned to Business Mentors NZ where he was matched with John Hutchinson.
"John was very easy to sit down with and go through our business setup. I never felt uncomfortable or like I was being told what to do. The advice given and ideas discussed were a two-way process," Reece reflects.
John identified the key challenges facing Jillyfish Swim School: operational hurdles, cash flow issues, and staffing concerns. Together, they dissected each problem, exploring various options and evaluating the pros and cons.
For anyone considering a business mentor, John’s advice is clear: don’t wait. Seeking help early can make a significant difference, providing the support and guidance needed to navigate the complexities of running a business.
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.