Mentorship and business performance among Igbo entrepreneurs in Nigeria

Agbionu Clementina Uchenna

Mentorship and business performance among Igbo entrepreneurs in Nigeria

Keywords : Mentorship, Business Performance, Igbo Entrepreneurs, Nigeria


Abstract

Poor mentorship has been experientially and empirically found to be one of the major causes of inadequate competitiveness of Sub-Saharan African countries in global economy. In view of this, the study assessed the relationship between mentorship and the performance of selected entrepreneurs in Nigeria with a focus at Awka metropolis. Survey design was employed by using a structured questionnaire to collect data from 300 entrepreneurs who were selected using purposive and convenient sampling techniques. The research instrument was adequately validated and its reliability established by a test retest method with a correlation coefficient of -0.81 and a coefficient of determination (COD) of 65%. Karl Pearson’s Product Moment Correlation Coefficient was used to analyze the collected data. The results indicate a moderately negative relationship between mentorship and the performance of entrepreneurs in Awka metropolis of Anambra State, Nigeria. A major finding of the study is that entrepreneurs, no longer receive positive mentorship - the type that could have positive impact in their performance. The study concluded by recommending a framework of attitudinal change which will encourage positive mentorship from successful entrepreneurs to the up coming and prospective entrepreneurs in order to equip them with the rudiments to compete effectively in global economy.

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