Expert advice from knowledgeable industry leaders can help start-ups change their business trajectory
Jupiter Business Mentors (JBM), a home-grown UAE based mentorship platform has announced its partnership with in5, an enabling platform for entrepreneurs and startups fostering innovation, to support with the right mentoring to help them avoid mistakes and overcome difficulties setting up and growing their businesses.
The outbreak of coronavirus has had a detrimental effect on many start-ups, small and medium-sized businesses (SMEs), leading to a bleak outlook and a domino effect in the upcoming months.
A recent poll revealed that one in five business owners believe climate change and natural disasters pose a threat to their business, but sadly a staggering 77% of them do not have a natural disaster plan in place. The ripple effect of this could mean that as many as 40% of small businesses will never reopen their doors following major natural disasters such as this.
The mentors on the platform have immense entrepreneurial business experience and are equipped to understand the nuances of a pre-startup, a startup or a matured business.
“Business mentorship will allow these individuals to understand the potential roadblocks and find practical solutions to complex business challenges for business continuation,” commented Renuka Gunjahalli, Founder, Jupiter Business Mentors.
Due to the outbreak of COVID-19 and the measure of social distancing it has spawned, JBM acts as the only platform in the UAE and Middle East region fully integrated with the voice, video and live-chat options, making it easier, faster, and cost-effective for entrepreneurs to connect with experts in real-time through the online platform instead of deferring or delaying their problems.
