Starting an event planning business? 5 reasons to look for one

You’ve been planning big events since you were little. When your mother shamelessly recommends a pizza combo at the greasy neighborhood joint, you fire her from your birthday party plans. Instead, you start making party favors, decorations, and homemade cakes. You invite your entire freshman class and your basement party is the biggest event ever. You know you have found your calling.

Now you’re ready to take the plunge and realize your dreams and open your own event planning business. honor! Don’t forget to add a mentor to your list of things you need to succeed in event planning. In this article, we share five reasons why having a mentor can help you achieve your event planning goals.

1. Mentors can increase your business’s chances of survival

Guidance will help your fledgling event planning business navigate the critical first few years. SCORE, a nonprofit that provides free mentorship to entrepreneurs, reports 87% of customers are still open One year later. By comparison, the national average for companies without mentors was only 75%.

Mentoring allows you to benefit from the experience of others, thereby increasing your chances of entrepreneurial survival. Your event planning mentor is already there to do it.

They’ve experienced event staff shortages, overturned wedding cakes, drunken clowns at children’s parties and more. They overcame the stress and self-doubt that comes with event planning. When the practicalities of event planning happen, your mentor can provide guidance and support.

2. Coaching helps you move from struggle to growth

SCORE also reports that when entrepreneurs meet with a mentor at least five times, their business development opportunities increase.

Your mentor can provide you with practical advice on the ins and outs of running an event planning business. You save time when you don’t have to sift through everything from accounting to questionable information. marketing strategy to business loans. Having a reliable source of information about the intricacies of running a business means you can focus on growth faster.

3. Get relationship-based support

The relationship between mentor and mentee is different from other relationships business relationship. The most significant difference is that this relationship is not based on economics. Often, mentors volunteer their time to spend time with mentees.

This does not mean that the mentor’s efforts will not be rewarded. In contrast, a mentor/mentee relationship is a bond in which both participants find meaning and fulfillment.

In other words, your mentor is emotionally invested in your success, and their advice and guidance is often comprehensive. Of course, your mentor will help you set and achieve specific goals. But they’ll also offer their wisdom in other areas of your event planning business.

4. Your mentor can expand your network

Your mentor has been in the New York event planning field longer than you have. As you grow professionally, your mentor will help you make connections that will help you take the next step in your career.

For example, you might start your event planning business with small events, such as birthdays or dinner parties. Your instructor happens to know a top baker who often has long wait times and is willing to make introductions for you. as you demonstrated Your event planning capabilitiesyour mentor will continue to help you in your career.

5. Your mentor will help you grow personally

when you Start your event planning businessmany people around you will treat you as a newbie. Caterers may be dismissive. Venues push you aside for big events. Even your clients may laugh at your naivety. Small things, no matter how big or small, can make you feel small and insignificant. Not so with your mentor.

Your mentor will respect you from the start, which also means your mentor will have higher expectations of you. Your mentor won’t accept excuses. They will expect unequivocal success from you. You’ll push past your comfort zone, shatter the mirror of your self-doubt, and in every other way, move heaven and earth to avoid letting them down.

Unlock new levels with a mentor

Starting a New York City event planning business is an exciting adventure. How else could you throw wacky parties on other people’s dimes and eat cake an average of four times a week?

Make your dreams a reality with the trustworthy guidance of a mentor. Your event planning mentor can help you learn the ins and outs of planning a top-notch event in New York City, all for the price of a cup of coffee.

As you launch into a new dimension in your life with the help of a mentor, attend the Event Planner Expo to keep the momentum going. There, you’ll connect with more than 2,000 of your peers and hear the latest news from dozens of speakers. Get your Expo tickets now!