Each agreement is unique based upon the needs and expectations of the mentor and entrepreneur. The third stage explores communication attributes, reinforces that effective communication is the foundation needed to build and sustain an effective mentorship relationship. Finally, we invite mentors and entrepreneurs to suggest other topics that would be helpful to them in building and sustaining an effective mentoring relationship. Mentors and prot g s are matched through a process of mutual selection. Training and support are provided to both by the Regional Director.
Responsibilities Develops a relationship of mutual trust and support.
Acts as a sounding board or coach, rather than someone who knows the answers to all the questions. Participates in a formal training session offered by Youth Business in which mentor and young entrepreneur set expectations for establishing and maintaining a successful relationship. Maintains regular contact with the young entrepreneur to deal with issues which cannot be handled through telephone or electronic communication. Youth Business will provide guidelines for this review. Every young person granted a loan from the Canadian Youth Business Foundation is given, free of charge, M.Y.O.B accounting software to assist them with managing the finances of their venture and monitoring their performance.