Finding and being a mentor can be difficult, there are lots of decisions to make along the way. But getting the right mentor can make the difference in how successful you are on your property journey. In this Caffeine Cast Rob talks through everything that you need to know about being/finding a great mentor, from making sure you are walking the walk, to knowing what you actually need in terms of mentoring. Getting your mentoring relationship right is vital to success in business, so listen here for everything you need to know about mentoring. 

 

Key Takeaways 

How to be a good mentor? Firstly, you have to walk the walk. You have to be doing the things that you are talking to your mentees about. It’s important to be least one good level away from your mentee. Sometimes, it’s a lack of confidence that puts people off being a mentor, but you don’t have to be a million miles away from your mentee be one. If you are buying a single buy-to-let then getting a billionaire property owner would not make a good mentor but someone who owns a series of buy-to-let could be a good mentor, whose closer to you but still further on. 

 

Are they good at mentoring? Do they have time to mentor? Do they understand the process of being a good mentor? You have to make sure that the person can walk the walk as well as knowing how to be a mentor. Some people just don’t know how to be a good mentor. Some people take it for granted how they have become successful. Good mentors have reverse engineering how they have become successful.  

 

Understanding the difference between a coach, and a mentor? A coach might be someone who is following a system, maybe through a franchise and can be good for accountability. They might not have the real world experience of a mentor though. A mentor won’t chase you up, they won’t necessarily make you accountable. Sometimes you just need accountability rather than a mentor, it depends on what you need. Make sure your mentor has lots of case studies from who they have worked with. 

 

As a mentor, you have to be honest. Sometimes you have to say things to people that might hurt their feelings or might be difficult to say. I don’t mean to ruin people's dreams but you have to care about people, believe in people, and be honest with them. It’s vital for your mentor to drag you up rather than down.  

 

Make sure you take their advice. Don’t ignore everything they say, and don’t use them as a ‘yes’ person. When they ask you to do things which are uncomfortable then you have to go and do them. There is no point in the relationship if you don’t take their advice; so do the research up front. 

 

Best Moments 

‘If you’re buying your property, for example, its best to not try a find a billionaire as your mentor.’ 

‘You have to walk the walk to be a mentor.’ 

‘Make you do things yourself that you are mentoring on.’ 

‘Make sure that your mentor is one level above you.’ 

‘Good mentors have reverse engineered the process of success.’ 

‘Understanding the difference between a mentor and coach is key.’ 

‘A coach can be good for accountability.’ 

‘Sometimes you don’t need a mentor, you need accountability.’ 

‘There are a rare group of people who do both mentoring and coaching.’ 

‘If you pay for mentoring you get accountability.’ 

‘Free advice is worth every penny.’ 

‘If you pay good money you get accountability.’ 

‘The cheaper the mentor, the less experienced they are.’ 

‘You have to upskill yourself along the way.’ 

‘Make sure you ask a few people.’ 

‘Noone is going to be perfect.’ 

‘You don’t have to like your mentor, but you have to respect them.’ 

[Business, mindset, entrepreneur, disruptors]

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ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “Disruptors”

“If you don't risk anything, you risk everything”

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