A recent article in the Wall Street Journal discussed some of the virtues of finding this help on line, and mentioned some of the leading offerings in the US from organizations such as Mercy Corps, Score Association, and iMantri, that helps founders of small enterprises find business mentors online.
MicroMentor.org, a nonprofit run by Mercy Corps, is one of an increasing number of Web sites that allow prospective mentors and protégés to easily find each other and develop a mentoring relationship, and one of the few looking to go international. Online mentoring does hold tremendous promise, with participating entrepreneurs reporting:
- An increase in median annual business sales of $15,500, or 63%;
- An increase in median annual household income of $20,000, or 50%;
- A 74% business survival rate, compared to a 66% national average.
Though the indicators are good, is this an approach that can scale internationally or across cultures?
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