How To Choose The Right Business Mentor

Trust in online coaching programs, coaches and mentors seems to be going through a bit of a transformation right now. About 40% of new my new clients in recent months, have had the experience of investing in coaching and not seen the return on their investments. Yet my experience has been really positive as with most of my colleagues. So what’s the secret sauce to choosing the right business mentor so that you can, and do, get a return on your investment?

Here’s my formula for picking the right business mentor that has never failed me…

Step 1: Know What Your Desired Outcome For Being Mentored Is

This is important from both a metaphysical and practical perspective. I like to write a list of everything I’d like to experience by taking on a mentor or coach. I have a very specific outcome I want in mind, and I write it down. This does two things.

  1. It begins the creative process of manifestation because you’ve set your intention to have that experience.
  2. It gives you something to measure your prospective coaches and mentors against.

When you’re considering investing in a coaching program, or mentor, you can now look at their offer and measure it against what outcomes you’re looking for. This will start the process of seeing whether or not you’re a good fit.

Step 2: Pick A Coach or Mentor Who Is Teaching The Systems That Made Them Successful

Coaching has exploded globally. In fact it’s a billion dollar industry set to become the next trillion dollar industry. There is such a huge variety of programs to choose from. T endless email invitations promising success if you do this or that method seems endless. How I filter out the authentic from those I can easily pass up, is by asking these questions you might also want to ask.

  1. Is the method you’re teaching someone else’s, or have you become successful using this method, system, blueprint?
  2. How many businesses have you owned?

Basically what these questions are helping you discover, is whether or not you’ll be working with someone who is walking their talk! A mentor who is teaching from their own experience is going to be able to give you far superior knowledge and advice than someone who has trained in someone else’s method and is teaching it from theory. It’s ok to teach someone else’s method if you then used it to gain success. But if what is being imparted is coming from pure theory, there will be challenges you may have that the coach or mentor may not have experience in helping you overcome.

There are a myriad of things that can and do occur off the plan. Things can happen out of the blue. It’s often the things not in the system or blueprint that can make the biggest difference for you. Only an experienced mentor can impart the advice on dealing with those challenges or even warning you what may occur so you’re prepared.

Step 3: Pick A Mentor Who Shares Your Treasured Values

This is super important to me, and it should be to you too if you’re a purpose and mission driven entrepreneur. When you’re building a mission driven business that aligns to your purpose, you’re coming from a set of values that are important to you. You need different business than a traditional mercenary model that is based on following the money.

If you choose a coach who is only all about the money, or performance, and doesn’t treasure your desire to make an impact or be happy and passionate about what you do, then you’ll often be lead in a different direction than your unique mojo lane to success. To make sure you’re choosing a mentor or coach who shares your treasured values, you first:

  1. Need to know what your values are;
  2. You also need to ask questions about the values of the prospective coach or mentor to see if they match up.

Step 4: Choose A Mentor Who Is Relatable & Resonant

I need to resonate with who I work with. If I don’t resonate, then I know I’ll quickly be out of step with them somewhere down the track. I also like to work with people who are relatable and don’t come over as all high and mighty and ra-ra-ra. I think authenticity goes a lot further for the mentee than someone who is un-relatable and even unattainable.

You’re going to get the most value from a mentor, not only when they share their systems and strategies, but when they share their vulnerabilities and how they overcome adversity and challenges. So if you’re with an inauthentic picture perfect mentor who never admits their failing, that’s not only un-relatable to you, it’s not that helpful in the long run.

Conversely, you’ll be more inspired by an authentic relatable mentor who you resonate with, as they are the living example of overcoming adversities and challenges that you’re going to be going through. That one thing alone is what a number of my clients say they like about working with me. They are reminded, during the times that the business day is just plain rough and challenging, …. That there is a way to get past that, and their mentor has done so and now showing them the way through.

Step 5: Get A Mentor That Will Shine Light On Your “Shit”

If you work with people who are always telling you positive things and never shining light on your blind spots or blocks, you’ll never get anywhere. Here’s the cold hard fact of success in business –

You need to become someone else every single time you scale.

Now that doesn’t mean you have to be someone different from who you are in your core. It means you have to think and behave differently to what you are right now if you want a different result or a new experience you’ve never had before. The path of a successful social entrepreneur is a path of personal and spiritual development. Sometimes you have to dig do deep inside yourself to pull something out of you, you never knew you had, just to get through the challenges of the day.

That is going to require confronting some lazy parts of your identity; or the parts of you where you fool yourself or let yourself off the hook. If you’re investing money with someone in the hope they’ll help you reach a certain outcome that has eluded you so far, you want them to be able to shine that light on the shit, so you can get out of it and into the zone that will lead you to that result.

In Conclusion: So much of the success of your decision as to which business mentor or coach you choose really starts with step one – Getting really clear on the outcomes you’re looking for.

You can be blunt with the prospective coach or mentor and just come right out and tell them what you’re going to be expecting, and what outcomes you want. The mentors and coaches I know, including myself, are also interviewing you to see if they can help you get the results you’re looking for. The more clear you are about what those outcomes are, the better you’ll both be able to determine if you’ll have a successful relationship with one another.