Idea Design Studio Blog Tips: 5 Reasons You Need an Invention Mentor to Take Your Idea to the Next Level
Idea Design Studio Blog Tips. There are many highs and lows associated with being an inventor. The best way to get through it all successfully is to seek out someone who’s done it all before. A mentor can offer you business advice, introduce you to important people, and provide a source of support and encouragement. Every inventor can benefit from having a mentor. If you’re ready to take your idea or invention to the next level, here’s five reasons you need a mentor: Mentors offer a real-life perspective. Idea Design Studio Blog Tips. The best advice comes from people who have experience. Inventors and entrepreneurs can only learn so much from books and articles. Finding a mentor who has gone through the invention process or who is experienced in turning ideas into reality will be an invaluable source of information. They can offer you a real-life, personal perspective that will help you succeed.
Mentors provide networking opportunities. Because mentors have so much knowledge and experience, they usually know a lot of people. Mentors can help connect you with investors or other valuable resources. Most investors are more trusting of inventors that are recommended by their friends and colleagues. Mentors help you succeed. Several studies have shown that inventors and entrepreneurs who have mentors are more likely to succeed. In one survey, 80% of CEOs reported having a mentor. The U.S. Small Business Administration also reports that 70% of mentored businesses survive longer than five years, while usually only about half of startups make five years. (https://www.sba.gov/blogs/why-mentor-key-smallbusiness-growth-and-survival-0) Mentors provide valuable advice and expose you to important resources, which are important to your success. They provide guidance and care about your accomplishments.
Mentors give encouragement. Most inventors experience setbacks and sometimes failures, but with support they can bounce back. When things get tough, having someone to turn to will help you keep going. Mentors have also experienced ups and downs, and know how to help you through and provide encouragement. Mentors are reassuring. When someone invests their time and energy in your success, it makes you feel valued and gives you more self-confidence. The more confident you feel, the more likely you are to succeed. Every inventor needs a champion. When you have an experienced mentor on your side, you will feel like anything is possible. Seek out a mentor to help guide you as you turn your invention into a business. Looking for a mentor? How about a team of experts to help you develop your idea? We are experienced in every stage of the invention process — from ideation to production. We can provide the skills, advice, and encouragement that you need. Call our inventor hotline at 888.864.1780 or email us at info@ideadesignstudio.com.
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