CHAPTER 4: DOES A MENTOR REALLY MATTER?

THE SANTAM START-UP SURVEY RESULTS

Though many respondents cite lack of support for small businesses, only 38.1% of them have a mentor. It seems that the importance and value of having a mentor is only realised by those who have one. Guidance, support and improved business skills were some of the most positive influences of mentors. What else can they add for entrepreneurs?

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HOW HAS A MENTOR IMPACTED YOUR BUSINESS?

50.5%

Had mentors

49.5%

No mentor



Founders and shareholders of businesses who’d been in operation for longer than 1001 days had an ever-so-slightly higher percentage of mentors but over time, this number increased even more.

CHAPTER 4

DOES A MENTOR REALLY MATTER?

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