When you’re trying something new, it’s impossible to overemphasize the importance of working with someone who has spent time doing what you want to do – a mentor who can show you the way and help you achieve greater wealth attraction.
A mentor is the ultimate “been there, done that” advisor for the entrepreneur, solopreneur, small business owner or real estate investor seeking guidance, understanding, empathy, and support from someone who has made the mistakes that you hope to avoid, and had the kind of success that you hope to achieve.
A quality mentor will:
- Jump start you on the road to success.
- Keep you on the path you’ve chosen.
- Warn you of upcoming roadblocks and costly mistakes.
- Share first-hand knowledge of the best way to accomplish your goals.
- Keep you in the real world, with hard-won experience.
A knowledgeable and experienced mentor will be an invaluable resource for your ability to generate wealth attraction, helping you to feel increased confidence in the business and investment decisions you make by guiding you through those areas with which you are unfamiliar, but where he or she has tread before you. More than a mere teacher, who may possess only “book knowledge”, a mentor is also an instructor, counselor, and advisor; someone who not only “talks the talk”, but also “walks the walk”.
A Mentor is More than a Teacher or Coach
More than a mere teacher or coach, who may possess only “book knowledge,” a mentor is also an instructor, counselor, and advisor; someone who not only “talks the talk,” but also “walks the walk.”
Having a high quality mentor is not just about having a person who will tell you what to do. Your mentor will consult with you, coaching and coaxing you in a direction that will, ultimately, benefit you – helping you to define and reach your business, financial or personal goals, and improving your wealth attraction.
When it comes to finding an investment mentor, care should be taken to avoid those who make outrageous claims about their accomplishments; some of which will be irrelevant to your needs, or even outdated in today’s investment market.
When dealing with real estate investing in particular, you want to make sure you are working with an active investor in today’s markets. As an active investor and mentor, before I do anything, I am going to look at where we are in the real estate cycle. I will then consider where I am in the country to determine what strategy I am going to apply at that time to determine the right moves to make in creating my wealth. As one quick example… There are different approaches I will want to take in the coastal markets vs. the Midwest markets.
Have you worked with a mentor? What was your experience with mentoring? Do you have additional advice on how to find the right mentor? Please share your thoughts in the comments section below.
If you’re actively looking for a mentor, please feel free to contact me today.