WASHINGTON, Jan. 24, 2023 /PRNewswire/ — This National Mentoring Month, entrepreneurs are harnessing the power of mentoring to launch their businesses to new levels of success. Entrepreneurs who work with a mentor are five times more likely to start a business – and report higher revenues and increased business growth – according to SCORE, a resource partner of the U.S. Small Business Administration and the nation’s largest network of volunteer, expert business mentors.
SCORE mentors provide entrepreneurs with critical guidance, as well as practical tools and resources, free of charge
Mentoring: From Startup to Shark Tank
Ten years ago, Dakota and Garret Porter were teenagers when they turned to SCORE to shape their idea to add LED lights to snowboards into a business. “We didn’t know anything,” says Dakota. The brothers worked with SCORE mentors Tanya Berg and Ed Ketterer to establish a business plan, develop a structure, apply for patents and seek funding. “Our SCORE mentors took us seriously, helping us get off the ground and take tangible steps to start our business,” adds Garret.
Recently, the Porters fulfilled their dream to appear on Shark Tank, garnering priceless exposure for their company, Action Glow, plus a $200,000 investment in their patented LED lighting kits for sporting equipment. Their advice to other entrepreneurs: “Get a mentor right away. Your net worth is your network. We are super fortunate to have business experts in our corner. We are still learning every day, but when we have a challenge, we know we have someone who can guide us in the right direction.”
Free, Expert Small Business Advice
SCORE mentoring sessions are collaborative, confidential meetings between small business owners and a mentor, either in-person or remotely via phone, email, video or online chat. During these sessions, entrepreneurs can share their business goals, challenges and questions. SCORE mentors will offer advice, resources and insights to guide business owners in their next best steps.
“Mentors make a difference. With years of real-world knowledge and experience, SCORE mentors provide entrepreneurs with critical guidance, as well as practical tools and resources, free of charge,” explains SCORE CEO Bridget Weston. Since its launch nearly 60 years ago, SCORE has helped more than 11 million entrepreneurs start or grow a business.
To request your free, small business mentor or to learn more, visit www.score.org/find-mentor.
About SCORE:
SCORE’s 10,000 volunteers provide free mentoring, workshops and educational services nationwide, creating 25,084 new businesses and 71,475 non-owner jobs in 2021 alone. Visit SCORE at www.score.org. Follow @SCOREMentors on Facebook, Twitter and LinkedIn.
Funded [in part] through a Cooperative Agreement with the U.S. Small Business Administration.
CONTACT:
SCORE
800-925-8458 
media@score.org
Visit SCORE’s media resources to be connected with expert small business interview sources and news updates.
View original content to download multimedia:https://www.prnewswire.com/news-releases/from-startup-to-shark-tank-small-businesses-launch-and-grow-with-mentoring-support-during-national-mentoring-month-301729471.html
SOURCE SCORE
For most Americans, tax day comes once per year. That's not the case for businesses though. If you own a business, you have to file tax forms on a regular basis. There are deadlines you must stay on top of … Continue reading → The post Small Business Tax Deadlines for 2023 appeared first on SmartAsset Blog.
ChatGPT maker OpenAI and similar ventures have seen their ideas catch on very quickly, says Elad Gil.
It was cheaper to fuel a gas-powered car for 100 miles than it was to charge a comparable electric vehicle in late 2022, according to Anderson Economic Group.
Quiet quitting and remote work may be factors.
About 25% of them have resigned to either working later and retiring at a later date.
Economic headwinds sent the S&P 500 into a bear market last year, and the benchmark index is still 16% off its high. Warren Buffett's Berkshire Hathaway treated the drawdown as a buying opportunity, investing $66 billion into the stock market through the first three quarters of 2022. Smart investors like Buffett know that a bear market offers investors a chance to buy good stocks at great prices.
Cathie Wood, the founder and CEO of Ark Invest, rose to popularity during the coronavirus pandemic thanks to her firm's successful bets on some of the most disruptive tech companies. The tech-heavy Nasdaq Composite Index entered a bear market in 2022, and ended it down 33% for the year. Here are three beaten-down growth stocks that Wood is still bullish on.
Supply and demand will probably come into balance over the next 18 months, says Matt Portillo, an analyst at Tudor Pickering Holt. And, how value investor David Einhorn got his mojo back.
Caesars Entertainment , Wynn Resorts , and MGM Resorts International — face a class action lawsuit that alleges that they worked to artificially increase room prices. Hagens Berman has filed a class action lawsuit that charges that Caesars, MGM, Wynn, and Treasure Island colluded with a third party, Rainmaker, to collude to raise hotel prices on the Las Vegas Strip.
Market forces rained on the parade of Intel Corporation ( NASDAQ:INTC ) shareholders today, when the analysts…
Asia's richest man is rocked by a U.S. short-seller's allegations of fraud and money laundering.
China's smartphone sales fell 13% year-on-year in 2022, the largest plunge for the sector in a decade as consumers spent cautiously, market research firm IDC said on Sunday. Its total shipments fell 25.1% year-on-year, however. Honor ranked as the second best-selling brand, with shipments growing more than 34%, albeit from a low base.
If the government prevails in its antitrust case, an asset spinoff is thought to be more likely than a sale.
Transamerica Center for Retirement Studies President Catherine Collinson speaks with Yahoo Finance Live about retirement planning in a post-COVID world, why everyone can improve on saving for retirement, and more.
Tech giants—as well as McDonald’s, Ford and Pfizer—are some of the companies reporting earnings in the week ahead, as layoffs continue and growth slows.
With many Americans living longer and retiring earlier, more and more people have time, health and energy to work in retirement. And this has led to a surge in retirees doing just that. So whether you need the extra cash … Continue reading → The post Four Ways to Make Money in Retirement appeared first on SmartAsset Blog.
Oil ends lower on Friday as uncertainty over the outlook for the market climbs ahead of an OPEC+ committee meeting and EU ban on Russia oil products.
Vital Farms CEO Russell Diez-Canseco is "scratching his head" over soaring egg prices.
ExxonMobil's quarterly sales, profit likely increased, capping a strong year boosted by high oil and natural gas prices that helped its stock price almost double.
A trifecta of die-hard fans, happy employees, and strong financial results could propel this coffee purveyor to stardom.

source