Business Mentoring for Entrepreneurs
Empower your entrepreneurial journey with seasoned experts. Dive deep into tailored mentorship crafted for your business success.
A staggering 80% of startups fail within the first two years, not because of a faulty business model but due to inadequate market research and competitor analysis, resulting in weak business strategies and poor execution.
Professional advice is essential for business development, and statistics show that businesses seeking such advice are more profitable and successful.
SGI's Mentoring Service provides entrepreneurs a new way to access business mentoring and support through its membership program.
What Our Business Mentors Provide
A business mentor provides an outside perspective and can help you assess your business skills. They can help you set goals and give you the necessary tools to achieve them.
Business mentoring can be challenging to find and expensive. Our business mentors will help you get through the first difficult stages of starting and growing your business, all at an affordable monthly price.
Over the past twelve years, we have helped hundreds of entrepreneurs to start, grow and improve their businesses. Our business mentors are IOEE-qualified mentors with extensive experience developing new and small businesses.
Unleash Your Business Potential with SGI's Premier Mentoring Service
Unique & Comprehensive: At SGI, we don’t just mentor; we coach, consult, and catalyse your business journey. Dive into an exclusive blend of expertise tailored for ambitious entrepreneurs and savvy business owners.
Instant Access to Experts: Say goodbye to guesswork. With SGI, you get on-demand access to a curated network of seasoned mentors. Benefit from the insights of pros who've navigated the entrepreneurial waters and emerged victorious.
Proven Success: Our credentials? Over 500 startups nurtured, mentored and transformed. Our mentors have sculpted ideas into thriving businesses. Be the next success story on our wall of fame.
Navigate Business Pitfalls: Most startups fail in the first couple of years. It's often not the vision but the lack of market understanding and strategic analysis that's the culprit. At SGI, we laser-focus on these critical areas, fortifying your strategy and execution.
Empirical Evidence, Real Results: Studies have shown that businesses bolstered by professional advice stand taller and shine brighter. Through SGI’s mentoring program, this invaluable advice is just a click away.
Membership Perks: With our 1-on-1 mentoring sessions and expansive business support channels, you're never alone on your entrepreneurial journey.
Business Mentoring Service Features
The benefits of participating in a monthly mentoring program with bespoke coaching, business assessments, and progress tracking through a project management system can be crucial to your business success.
- Tailored Guidance: Each member receives mentoring customised to their unique business needs and challenges, ensuring they get the most relevant advice.
- Structured Learning: With a structured mentoring program, members can anticipate a steady progression in their knowledge and skills.
- Accountability: Regular sessions and tasks mean members are more likely to stay on track. The project management system further aids in visually representing progress and milestones.
- Expert Feedback: The business/idea assessment provides members with expert opinions on the viability and strength of their business models, helping them identify areas of improvement.
- Resource Access: Depending on the package, members gain access to valuable resources and templates which can save them time and provide direction.
- Network Expansion: Often, mentors introduce their mentees to other professionals in the industry, expanding their network and opening up new opportunities.
- Continuous Support: With email support and regular mentoring sessions, members have a safety net of expert advice to help navigate challenges as they arise.
- Skill Development: Beyond business advice, bespoke mentoring often involves skill-building, which can be invaluable in business.
- Progress Tracking: The project management system allows members to see their progress, which can be motivating and help them focus on areas that need more attention.
- Time Management: Regular tasks and assignments can help members hone their time management skills, which are crucial in running a successful business.
Business Mentoring System
We've studied thousands of successful businesses and found the key components they share. We have included this in our business success formula.
In our mentoring program, we'll take you through our Business Success Formula step by step, ensuring your business contains everything you need to succeed.
Successful Business = PM + (PS x (EO – (C+E+P+T))
Your journey to a thriving, profitable, and sustainable business starts here. SGI's Mentoring Service presents a unique methodology meticulously crafted from analysing thousands of successful businesses.
Here's what we offer:
- Identify a Profitable Market (PM)
- Ensure your market size is big enough for growth.
- Confirm a proven need or demand for your offering.
- Target an accessible and willing market that can afford what you sell.
- Create an Outstanding Product or Service (PS)
- More than meeting expectations aim for excellence.
- Your product or service should satisfy needs and strive to be the first or best.
- Master Engine Optimization (EO)
- Achieve success through strategic marketing and sales.
- Build an efficient engine for your business, maximising profits.
- Focus on smooth operations, leveraging technology and human capital.
- Ensure robust financial management and growth strategies.
- Navigate External Threats (C, E, P, T)
- Stay ahead of competition and market fluctuations.
- Monitor and adapt to economic, political, and technological influences.
- Comprehensive Business Analysis
- Evolve with market conditions.
- Stay ahead of competitors with ongoing assessment and refinement.
SGI's Mentoring Service distils these crucial components into a tangible formula you can follow. We aim to guide you in meeting your target market's demands and optimising every facet of your business for success. With our mentoring, you have the key to unlock:
- Profitable Market: A large enough to fulfil your ambitions.
- Exceptional Product: An offering that exceeds market expectations.
- Engine Optimization: Robust systems ensure profitability and sustainability.
- Sufficient Working Capital: Enough resources to keep growing.
- Adaptive Business Analysis: A process to stay ahead of your competitors.
What You'll Learn
Understanding the Market
Mentees will learn to identify and analyse profitable markets, recognise the demand, and ensure the target market is accessible and responsive. They will delve into competitor analysis and develop positioning strategies to stand out in the marketplace.
Product and Service Development
The program covers the intricate process of designing products or services that exceed customer expectations. Mentees will discover the secrets to quality assurance, pricing strategies, positioning, and innovative techniques to stay ahead of the competition.
Marketing and Sales Mastery
Marketing and sales form the backbone of business success, and mentees will master the creation of effective marketing campaigns. They will also learn sales techniques that resonate with the target market and utilise digital platforms and tools for enhanced reach.
Operational Efficiency (Engine Optimisation)
Streamlining operations is crucial, and mentees will explore how to achieve this through technology and human resources. They'll identify bottlenecks, implement solutions, and delve into effective financial management and budgeting for sustained success.
Strategy Formulation and Execution
Mentees will focus on developing both short-term and long-term business strategies, coupled with implementing and monitoring these strategies. Regular performance, market, and competitors review ensures that the strategy stays relevant and effective.
Continuous Growth and Innovation
The focus here is on continuous improvement and growth techniques, emphasising adaptability and resilience in the face of change. Mentees will learn to innovate and adapt, ensuring the business remains dynamic and forward-thinking.
Regardless of the business stage, there is something for you in SGI Lab.
We'll help provide you with all the information you need to grow start and grow your business.
From idea to development - we'll go through the key steps you need to turn your dream of starting your own business to a reality.
Using our business plan template, we'll show you exactly how to write the perfect business plan for loans, investments and visa all by yourself without spending an extra penny on a business plan writer.
We'll identify the best way to fund your business and attract investors.
We'll show you how to the core component of our business success formula and how to apply this to your business. We'll teach you the core marketing and sales techniques you need to know to scale your business. We'll also take you through our Business success formula and a five-step process to improve your business with no investment needed.
Business Mentoring Pricing
Which Plan To Choose?
The basic package is for people who have been working on their business by themselves but have not made the progress that they hoped.
The standard package is for everyone. If you have are starting a business and want advice and support in your journey. SGI lab will help you build the business you are looking for. If you have an existing business, you can rely upon SGI Lab as a trusted resource for advice and support as you grow your business.
The premium package is for people who feel they need additional support. We’ll provide everything in the standard package but you’ll get even more support from meeting bi-weekly to review what you need to do to develop your business. It will provide you with the advice and support you need to focus your business efforts on what is effective. You will also get the extra benefit from the additional reporting we’ll do for you that will help you to analyze your business and take it forward.
Business Mentoring That Works
We've helped over two thousand businesses to start and grow their business and raised millions in funding.
30 Day Money Back Guarantee
We are very confident that regardless of the stage of your business development you will benefit from membership to SGI Lab. If you feel you are not getting any benefit from membership we'll refund you your last month's membership fee.
Frequently Asked Questions
Within a month you’ll see the benefits of subscribing to SGI Lab. The longer you stay, the longer you will feel the benefits. Even if your business growth plateaus, we’ll help you to drive your business growth with you.