In this episode of Building the Billion Dollar Business, Ray Sclafani explores the often-overlooked truth about mentorship: it has an expiration date. Drawing on real-world experience coaching top financial advisors and entrepreneurial leaders, Ray unpacks why mentorship is not just about support, but strategic growth. He shares how the most successful leaders choose their mentors with intention, regularly reassess their relevance, and seek out guidance that aligns with their current leadership challenges. You’ll learn how to identify your learning gaps, test for alignment, and structure mentoring relationships that sharpen your thinking—not just affirm it. Whether you're scaling a firm, stepping into succession, or simply craving sharper perspective, this episode will help you build a mentorship model that evolves with you.

Key Takeaways

1. 75% of executives attribute their success to mentors.
2. Not all mentors are meant to stay with you forever.
3. Mentors ask better questions than you're asking yourself.
4. Mentorship is not blind obedience; it's perspective.
5. Review your mentors annually to ensure alignment with growth.
6. Mentorship is a strategy, not a favor.

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