EP 307: Should I get a mentor?

biggerpockets entrepreneur investher investing investor mentorship realestate womeninconstruction womeninfinance womeninrealestate Sep 30, 2022

In this minisode, Liz and Andresa discuss their different experiences with mentorship, the mistakes they made, and the lessons they learned. There is no "right" or "wrong" when it comes to having a mentor. What matters is what you do with that relationship and how you leverage it to improve your business. Here’s a guide to help you figure out what works for you:

 

Questions to ask yourself

Where do I want to be in 5 years and how fast do I want to achieve those goals?

What type of support do I need?

Is it one on one or group?

Why this mentor is a good fit? Did he/she is where I want to be? Do they walk the walk?

How much do I need to invest? (Don't look at it as a cost)

Is this person resourceful?

Who can I talk to that will share about their experience with this person?

Will they hold me accountable?

What are your expectations in terms of communication, progress? What do they offer to meet your goals?

 

Quotes

• “A mentor will not take you from A to Z. A mentor will take you from A to B and other mentors will take you from B to C, C to D.” (7:22-7:34)

• “As you evolve, you will have different mentors. You're going to be a different mentee.” (7:45-7:50)

• “Your timing of life, your resources, your energy, your active versus passive: all of those things are in consideration.” (8:29-8:37)

• “It's not a cost. It is an investment.” (9:09-9:11)

• “You're going to pay either way. You're going to pay for a mentor. You're going to pay for your mistake.” (9:21-9:25)

• “If you get a referral from your mentor and it’s a rock star referral, that alone has dollar signs across the board.” (9:52-10:03)

 Resource Mentioned:

 

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