Business Mentor NY – a program of Empire State Development

Program Update

Mentees and Mentors,

We appreciate your interest in mentorship. Please be advised that after March 31, 2024, the Business Mentor NY Program will cease to operate. However, you can continue to access mentoring services by contacting Entrepreneurship Assistance Centers in your area at esd.ny.gov/eac-directory to obtain one-on-one counseling with your current business idea or small business.

If you would like to continue offering pro bono mentoring services to entrepreneurs or small business owners, please email us at nylovessmbiz@esd.ny.gov with your core business skills, experience or education and your preferred service area.

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Plans with benefits

Having worked at all levels of society I notice that whether you're in small business or in corporate, it is essential to be time focused, to have effective systems and processes in place and to always be thinking about what you're doing now, what you want to do, how you're going to do it and whether you are keeping on track with your goals and values. Below is a snippet from my leadership book in regard to planning. Enjoy.

Initially, planning is a time consuming process. It is avoided because we see it as time spent, instead of time invested. This is an important difference.

Effective planning provides leaders with strategies that will save significant time and bring benefits to the business that should not be underestimated. Effort is directed to things that increase productivity and profitability, leaders learn what does and doesn’t work and less time is wasted on things that are not of strategic benefit to the company. A few of the benefits include - adopting new ways of thinking and behaving, implementing effective systems and processes, become solution-focused and action-oriented. All of these contribute significantly to increased organisational strength.

Good planning does not guarantee smooth sailing but once leaders see what a huge difference it makes they wonder why they didn’t commit to the process earlier. The benefit to the business’ overall profitability cannot be over-emphasised and after all, that’s why we’re all in business.

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