Entrepreneurial Career Mentoring Functions and Entrepreneurs Objective Outcomes in Eldoret, Kenya

Small and Medium Enterprises make significant contribution in the global economy, with respect to enterprise development and new job creation. Effective and efficient mentorship programs tend to raise entrepreneurial outcomes among entrepreneurs operating SMEs. The benefits received from entrepreneurial mentoring would be recognized in the entrepreneurs’ objective and subjective entrepreneurial outcomes. The objective of the study was to establish the influence of careers mentoring functions on objective entrepreneurial outcomes within Small and Medium enterprises in Eldoret, Kenya. A sample of 363 SMEs was used for the study out of which 300 entrepreneurs responded to the questionnaires. Content analysis showed that 48 entrepreneurs had been mentored while 252 had not been mentored. Data was analyzed using Statistical Package for Social Sciences (SPSS) version 22.0. The addition of chosen demographic features to the prediction of objective entrepreneurial outcome led to a statistically significant increase in R2 with p < .05. However, the addition of career mentoring factors to the prediction of objective entrepreneurial outcomes showed no significant effect of Career mentoring factors on the Objective entrepreneurial outcomes. The study recommends that the Kenyan government should put up frameworks of careers mentoring support that would be expected to produce objective entrepreneurial outcomes.