Mentors are conferred and liberal with the exhortation, experience, or presentations, yet don’t ensure particular measures of time, consistently planned gatherings or deliverables. This doesn’t avert value-based connections or business associations developing from the underlying guide/mentee dynamic, however, the aim of the underlying relationship is not value-based or with an option motivation.
Key Takeaways:
- Mentors are committed and generous with advice, experience, or introductions, but don’t guarantee any specific amounts of time, regularly scheduled meetings or deliverables.
- A mentor is an informal relationship.
- Great businesses are built with a lot of effort and a handful of key decisions.
“Great businesses are built with a lot of effort and a handful of key decisions. Effective relationships with mentors, advisors, and directors are based upon four main areas of concern and agreement between the parties; the Relationship, Value, Time Horizon, and Compensation.”
http://www.ceo.com/entrepreneurial_ceo/how-to-build-great-relationships-with-mentors-and-advisors/
