Take Your Small Business to the Next Level by Finding a Mentor

Donovan Reed, EVP – Chief Lending Officer

One thing that can separate successful and struggling small businesses is having a mentor. No matter what industry you’re in, having a mentor can improve your chance for success. You can find a mentor through personal connections or an online source.

SCORE.org is a popular resource for small business owners and is partnered with the U.S. Small Business Administration (SBA). SCORE is the nation’s largest network of volunteer, expert business mentors, with more than 10,000 volunteers in 300 chapters. It offers workshops and educational resources—all for free!

Another free resource for small business mentors is MicroMentor.org, a social community network that connects you with other entrepreneurs and volunteer mentors.

Mentors can help you build or revise your business plan, establish short- and long-term goals, and identify strengths and weaknesses of your company. They also provide an objective point of view and act as a sounding board for new ideas, offering constructive criticism and advice when needed, but still allowing you the freedom to make your own decisions. Another great advantage of an established mentor is access to his or her professional connections, which can help you network to grow your own list of business contacts.

Utilizing a mentor can give you the confidence you need to make your small business thrive.

Did you know that Oklahoma State Bank is one of the top SBA loan originators in Oklahoma? If your business needs capital, contact Donavan Reed today at dreed@osbbank.com.

Source: SCORE.org, MicroMentor.org

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