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I'm a big proponent of everyone having at least one good business mentor. If you don't have a business mentor go out and find one today. 

A mentor can steer you clear of making mistakes that will cost you time and money. Mentors are great sounding boards for business ideas.  Their advice might be a catalyst for your next great idea.  Perhaps they are able to show you a different perspective or alternative solution to a given challenge. 

Find a mentor who is genuinely interested in assisting you.  Perhaps they possess traits that you want to emulate as a business person or entrepreneur.  Ideally find someone outside your organization or base of friends. Doing so will ensure that you personal or professional growth doesn't cut off a great resource.

Your mentor might be inside or outside your business market.  If they are inside your business market you can leverage their experience and advice to accelerate progress in your field.  Having a mentor outside your field can also be an advantage.  An outside perspective can give you feedback and insight those inside your field might not consider.  You'll have a different looking glass on the world.

In most cases your business mentors never charge you for their time.  But make sure you don't monopolize their time.  Regardless of how busy my mentors are they always have a few minutes to pickup the telephone and talk.  Always check to make sure they aren't too busy to lend you a few minutes before jumping into a conversation.

Express gratitude to your mentor. Verbalizing your gratitude is a nice gesture.  But consider writing a hand written thank you.

Two brains are always better than one.  Don't delay in getting a business mentor.  The time invested in finding a good mentor will pay dividends down the road.

Additional Resource:
Inc. Magazine - Mentor Articles

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