Having a mentor vs having a partner?

[Alexandoy]

The most common reason for having a partner is the capitalization. When you cannot gather enough funds you have to get a partner to augment the shortage of capital. If you can do the start up by yourself then a mentor would be better even if you have to pay a retainer fee.

 

[Jlife]

The most common reason for having a partner is the capitalization. When you cannot gather enough funds you have to get a partner to augment the shortage of capital. If you can do the start up by yourself then a mentor would be better even if you have to pay a retainer fee.

Both of them play a very important role in the success of a business, it is advisable for you to get them all because they are needed in every aspect of your business for growth and development.

 

[Thinker009]

It is better for me to have a mentor than having a partner with my mentor I can be able to run my sole proprietorship business alone with the benefit and get from his advice but a partner we always share of whatever he or she contributes.

Thats the fact , there are some partners that are hard to cope with and might lead the person into frustration and even ending the business at the final moment I think

 

[Stylex]

Write your reply...having a mentor vs having a partner well it depends on what kind of person you are and which one will be if more use to you

 

[Senator]

People are different and so are the choices they will be probe to make. Some might chose to have a business partner to having a business mentor. Whichever suites their style at thebens of the day is what they'll settle for

 

[Hena101]

I prefer having a mentor that partner in a business because a mentor is someone who has gone the way you intended to go and is willing to guide to you there.

 

[Justin]

A mentor will give you advice, but a partner will work along side you and share the profit and loss in the business. Therefore, you need a good partner more than a mentor.

 

[Richard92]

A mentor will give you advice, but a partner will work along side you and share the profit and loss in the business. Therefore, you need a good partner more than a mentor.

I prefer a mentor done a partner because I will get advice from a mentor and how to run my business and I don't need to pay she or she for that.

 

[Ghost]

The role of a mentor is to guide you through his own experiences to equip you to avoid pitfalls, guide you to success, while a partner is to complement you maybe as a financial partner,or technical partner,or as an administrative partner or the likes.

I would prefer a well experienced mentor over a partners. Partners at a point tends to look out for their self wheres as mentors strives to make you better

 

[Yhubee]

I will prefer having a mentor to guide me ,it shld be someone who has been into business and is still in business so I can get advice despite changes in trends and develop a good market strategy.

 

[Trexxxy]

I think they are two different things and as such equate to different scenarios. You can have a mentor as a partner or have a mentor and a partner, one doesn't stop the other.

 

[joy101]

I think is really good to have a mentor in a business so to help you build up your business, because having a mentor in a business can help one to have more experience in the business.

 

[Nsisong]

A mentor r guides and direct you and advices you on the right way to do things but a partner helps and assists you in doing lmost of the things. The both of them are necessary but I would go for a mentor who guides and direct me on how to get the job done .

 

[Immilash]

both of them are good for me,but a partner is also a best adviser in a business ,you've made mention of it clear when you have a partner you have the same experience that he or she has ,but a mentor won't give you the best you need.

 

[tyrim88]

On a personal basis,the two are very important,because for a mentor his wealth of experience will come to play in the venture or area you would be needing his help,he has gone ahead and have the neccesary exposure.

 

[Kingstone]

As you are walking the ladder up, you can choose to have a partner so that both of you can work things out. But you can not do it without a mentor. So I will say, having a mentor is the first step before having a partner. Don't learn from your mistakes but the mistakes of others. If you do, you might have run losses.

 

[Psalmseen]

Well. In the real sense of it. A partner is completely different from a mentor. A partner is someone that sees you as himself and you see your journey as suited together while a mentor is he who tells you the potential risk advantages in a thing you're yet to do

 

[eLdavis]

I think is really good to have a mentor in a business so to help you build up your business, because having a mentor in a business can help one to have more experience in the business.

From your point of view, do you see a mentor as being better than a partner? Personally I think looking at it form another angle, a partner would want to put in more effort in the growth of the business simply because if the business fails, he has something to loose as well.

 

[Kubiat-Abasi]

In all honesty, I prefer to have a mentor who have been experienced and who will coach, guide and direct me on what to do, what to avoid and how to utilise my resources effectively.

 

[Nomad]

I would prefer to have a partner instead of mentor. When I have a partner, I can share loss with the partner. when I have a partner, and if I need funds for investment, I can easily use partner's money.