In 2002, small businesses created 0.16 * jobs.

Businesses that had been mentored created 0.6 ** jobs.

* Taux de survie des nouvelles entreprises au Québec, MDEIE, 2008
** Independent poll of mentored businesses, 2005

About the M effect

Being young, smart and bold just isn’t enough to guarantee the success of your business.

A recent survey found that only 34% of new businesses in Quebec last more than five years.

However, when the “M effect” is part of a young businessperson’s process, the probability of the business growing beyond that fatal five-year birthday is better than 73%.

What is the
M effect?

 

L’effet M, c’est...

 

 

 

1

is the desire to learn from an experienced entrepreneur, the mentor.

2

means that you can put your trust in experience, and count on a strong bond in your search for excellence.

3

helps you to improve your business skills, thanks to the supervision of a professional.

4

act now!

Conception : Gauthier Flageole  |  © Copyright leffetm.ca/meffect.ca 2010. Tous droits réservés. All rights reserved.