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What Makes a Great Mentor or Advisor?

 
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ObsidianLaunch

posts: 85

Aug 02, 2007 7:51 PM ET    Quote  Report Abuse
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I get (and give) business advice all the time.  Ultimately I find common threads that resonate with me - and that is the way I go. Even then though, the advice isn`t always great.

How do you find great advisors and mentors? And how do you separate the good advice from the bad?

 

ObsidianLaunch2007-8-2 19:51:15


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Mike Michalowicz
Author of The Toilet Paper Entrepreneur
nhgnikole

posts: 2660

Aug 02, 2007 11:22 PM ET    Quote  Report Abuse
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You look at who is giving the advice and use your own gut feeling.
Aug 03, 2007 1:05 AM ET    Quote  Report Abuse
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I generally look at the track record of the individual relative to the advice being given. I have a great deal of respect for people who have actually done the things that they are giving advice about. I have less respect for the "armchair experts" who have plenty of advice to give, but have accomplished very little on their own.

For example, I would always listen to business advice given by a person who had successfully operated one or more businesses in the past. (I may not agree with or follow that advice, but I would at least listen to it.). Along the same lines, I would be much more inclined to take personal fitness advice from someone who was in great shape rather than from someone who was 100 pounds overweight.

I also think that different people have different styles of doing things. Advice coming from someone who has a radically different style than your own can be extremely difficult to implement. Telling a pig that it needs to swim like a duck generally never works.

 

SecurityProfessional2007-8-3 1:7:51


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Michael A. Silva
Silva Consultants

www.silvaconsultants.com
CampSteve

posts: 1216

Aug 03, 2007 3:30 AM ET    Quote  Report Abuse
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I think you look for someone that you admire in the way that they run a business.
greatmanagement

posts: 269

Aug 03, 2007 8:19 AM ET    Quote  Report Abuse
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On recommendation and their record of accomplishment.  I would always `try` someone who has been recommended to me (by someone I respect) over someone I don`t know. Also the mentor has to have a track record of actually practising what they preach. Once you have found them you then have build rapport, respect each other and be able to have a few `heated` discussions without any `fallouts`. Having that relationship is key for me.

A mentor should also always provide a `refund policy` as well. If it doesn`t work out for any reason whatsoever - you get your investment back. Any confident mentor `worth their salt` should offer a refund policy.

 

And how do you separate the good advice from the bad?

Gut feel, trying it. If it turns out to be bad advice - tell the mentor and work together to resolve and get back on track.

Andrew

WebDrops

posts: 40

Aug 06, 2007 1:17 AM ET    Quote  Report Abuse
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A mentor should be a person who meets us for few minutes and gives us some advice and those words helps us to be positive and also helps us to achieve what we want... I guess gut feeling plays a very critical role... if u believe in the person who is giving u advice... m sure there are more chances of u following his words...



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