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e.  Evaluate the ‘highs’ and ‘lows’ during the venture starting through their experience and create
                       awareness in the entrepreneur to identify the threats and risks of market.
                   f.  Finding the relevant information
                   g.  Guidance and support in preparing and implementing the development activities/plans/projects
                       so as to achieve effective business results.
                   h.  Help related to the preparation of documentation for the enterprise and enterprise support
                       programs.
                   i.  Introducing the entrepreneur(mentee) to the relevant accountants, consultants, lawyers,
                       suppliers, trainers etc so as to inculcate confidence in them.
                   j.  Justify the identification, procurement and utilization of the required resources.
                   k.  Knowledge, Learning, specific skill acquisition, unspoken rules essential for the success of the
                       venture.
                Gain for the mentor to mentoring others:
               Mentor gains the following benefits by mentoring others.
                   a.  Acquire insights from the mentee’s background and hist0ry which can be of help in mentor’s
                       personal and professional growth.
                   b.  Builds an ally and there by helps in organizations well-being.
                   c.  Career of the mentor is re-energized.
                   d.  Discover more about the other areas withing the organization (especially if the mentee is from a
                       different department or so)
                   e.  Earns personal satisfaction through sharing his expertise with others.
               Define the concept of mentoring with examples.
               A mentor is
                     An adviser
                     trusted guide
                     wise intellectual person
               who uses their mind creatively, especially in occupational settings, and advises the others to achieve
               their goals.
               Everyone has a learning need. Learning through a mentor will play a critical role in the overall
               development in specific area. As mentors have already have practical knowledge, they will be able to
               mentor others to achieve systematic results by applying their expertise.
               Mentors will usually
                   a.  Advise the mentee about specific issues.
                   b.  Builds a safe learning environment for taking risks
                   c.  Coaches the mentee in a specific skill
                   d.  Directs the mentee towards challenges and help them to go beyond their comfort zone.
                   e.  Encourages the mentee’s total development.
                   f.  Facilitates the mentee growth by sharing their networks and resources.
               Examples include:
                   1.  Angel invest0rs who guides the new entrepreneurs through their knowledge and expertise, to
                       help them realize their goals.
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