Building strong professional and personal network is important for all entrepreneurs. But having a large network doesn’t necessarily mean that it is a strong one. Entrepreneurs must aim to establish effective and meaningful relationships, beneficial for both sides, in order to make their communication more efficient, productive and enjoyable. Here we will highlight the five relationships entrepreneurs should have if they want to make their entrepreneurial journeys much easier and stress free.

The partners

Finding the right co-founders and business partners, who are sharing the same vision, mission and goals is of a great advantage for all entrepreneurs. It is very important to have good relationship with people, whom you can trust and can rely on. The right business partners can be one of the biggest assets a small business owner can have.

The mentors

Your mentor is the person, who is focusing on you as an entrepreneur, helping you to become the best version of yourself, to gain confidence and courage when the path gets rocky. The mentor is the one, who will give you guidance and will encourage you on your way to success.

The advisors

The business advisors and experts of specific fields will help you to make better, more effective and competent business related judgments, will give you competent advice and will assist you when it comes to taking important decisions.

The press

One of the biggest mistakes that entrepreneurs make (especially at networking and pitching events) is to underestimate the importance of establishing good connections with the media and the attending bloggers. Startups need media coverage and if you get the right people’s attention, the impact that your company makes is very likely to get the right amount of attention.

The critics

In the business world, having clear, realistic view over the events that are happening and the direction that the startup is heading to is essential for the success of the venture. By listening only to the positive opinions about the business decisions that the leadership makes, the entrepreneurs are very likely to lose their objective sight, which can lead to future mistakes. The critics can be a great source of information, motivation and even inspiration for entrepreneurs, who want to grow, improve and achieve great success.