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Mentors can change your life if you know how to create and leverage mentorship experiences like entrepreneur Danielle Pierce learned to do over the years.
When Danielle got started things seemed really challenging because she had to wear all of the hats in her company; the graphic designer, the accountant the attorney and everything else. The missing piece is that you can accelerate your results significantly faster the minute you release control and stop trying to be “manager of the universe”. She spent 11 years trying to do everything herself and only realized that piece of advice during the last two years or so. Now she welcomes outside advice and collaborating with other people. Now her business life is fun and exciting as opposed to being just another job that needs to be done.
Get Uncomfortable and Take Action!
A great mentoring relationship isn’t the most comfortable relationship because it can push you in directions that you don’t want to be pushed in and create new experiences that you didn’t plan on. Because of that many people that say they want a mentor aren’t ready to take on the responsibility of that kind of relationship. When you’re ready to get uncomfortable and be vulnerable then you’re ready for new mentoring relationships!
Danielle’s current mentor found her. They went to high school together, lost touch, and then reconnected through Facebook. The relationship started with him giving her some advice here and there. She began applying that advice and getting new, successful results in her business. When he noticed that she was taking action and taking the relationship seriously it became a more formal mentoring relationship.
That’s a great tip for YOU! Mentors want to see that you’re doing more than just talking, they want to see you taking action. When you do that, you’re respecting the time that they invest in you and taking the relationship seriously.
How to Be Prepared for Successful Mentoring Relationships
As the mentee you must be ready to hear a lot of things that you don’t want to hear. You must be ready to admit that you’ve been doing things in not the most effective and efficient ways. You must be ready to put in a significant amount of work in a relatively short period of time. You need to be coachable. You cannot get advice and then ignore it and do things your own way. You must TRUST your mentors’ advice and take action in a way that goes along with their advice, not just the way you think that you should do it.
Listen In!
In this episode we talk about:
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About The Guest
A graduate of the University of Illinois at Urbana-Champaign, by way of the Chick Evans Caddie Scholarship, Danielle Pierce has an accounting degree which she has not utilized in over 12 years. She began her entrepreneurial career after a sudden layoff from her corporate audit position. Danielle took this as a sign from the Heavens that she was meant to be a full time entrepreneur. Although she did look back a time or two (or three lol), she has held on to the reigns of entrepreneurship and never plans to let go.
Danielle’s online courses and group training programs (Real Estate Profit Lab), teach aspiring business owners how to establish and grow profitable six figure enterprises within the real estate industry, outside of sales. Her current areas of specialization include the following: tax lien investing and managing bank owned properties.
Danielle is an author, highly regarded speaker, the founder of a highly specialized real estate consulting firm, and a member of the Forbes Real Estate Council. She loves house music and can usually be found somewhere making it rain for her 3 little ones.
You can learn more about Danielle here: www.daniellepierce.com
Recently I spoke with Aaron Stahl about his journey in entrepreneurship. One of the first things he brought up was the importance of mentoring.
To be a good mentor you need to listen to what the other person has to say. You’re listening to learn what specific problems they’re facing and discovering if you can help them. If you can’t help them you can try to connect them to someone who can help them. Being in that mindset will help you become a good resource to people and a good mentor.
Aaron also learned that entrepreneurs need to start small and grow big. When Aaron was in his early twenties, he started calling on Fortune 100 companies to get them as clients. He wanted to instantly become a millionaire, but that plan didn’t work out. He learned that you have to invest time and energy to grow into success.
Another lesson learned is that if you leave your business for any amount of time you should come back to a business that’s as good or better than when you left. To make that happen you need to only do what you’re best at and hire and train people to do things that you’re not good at.
Listen in!
In this episode we discuss more about mentoring, how to grow your business the RIGHT way and how to empower your employees to collaborate with each other to run a successful business for you.
About The Guest
Aaron got his start in the cost recovery business in 2004 at the age of 22 when he started P3 Waste Consulting. After helping numerous clients save money on their waste expenses the business grew from there to become what it is today. Aaron expects revenue to grow to $4 million in 2020.
Aaron is an expert in the waste and recycling industry and has been the CEO/President of P3 since the beginning. In his spare time he enjoys flying airplanes and is an instrument rated pilot and certified flight instructor. He also enjoys traveling abroad, hunting, hiking, mountain biking and attempts to surf whenever possible. He is an Eagle Scout, avid Arkansas Razorbacks fan and holds a degree in small business/finance from the University of Arkansas
You can learn more about Aaron on LinkedIn.
Mentoring can change the arc of someone in Generation Z’s career, and that’s what I recently discussed with 23-year old entrepreneur Austin McCulloh who has been a mentor and been mentored.
Two of the biggest lessons from one of Austin’s early mentors was not to burn bridges and not to take everything personally. If someone cancels a meeting or ends a conversation abruptly that doesn’t mean you should take it personally or get upset with them. It’s better to come from a point of understanding and knowing it’s not always about you, they might have things going on in their life that you know nothing about. You never know how the relationship will develop over time.
Mentoring tip: Why was Austin’s early mentoring relationship successful? His cared about Austin’s well being and made himself accessible. If you want to be a mentor to someone else those are two things to consider before you start mentoring someone.
Austin’s mentors taught him that getting real world experience early one will help your career. Instead of getting a fast food part time job Austin started in the financial services industry as a financial advisor so he could shave years off of his learning curve and get real world experience while he was still young.
Mentoring Generation Z: Give them clarity and support so that they can set productive goals and start moving towards them. Using clear and effective communication can go a long, long way when you’re mentoring other people. “Clear and effective communication” means being honest with the other person and not just telling them what they want to hear. This means being transparent with the other person and definitely not lying just to make them feel better about a situation.
Just giving one or two hours a week to an individual that’s not as fortunate as you are can change the trajectory of their life.
A Great Book
The one book that Austin says you NEED to read? Think and Grow Rich by Napoleon Hill. Andrew Carnegie, the steel magnate and at one time the richest man in the world, saw something special in Napoleon Hill. He gave Napoleon a 20-year mission to unlock the key to success and then Carnegie opened his rolodex and introduced Napoleon to some of the most successful people of the time (the early 1900’s). Napoleon took what he learned and combined his learnings to create 13 success principles which he outlines in his book.
Self-Awareness
Having weaknesses is not what makes or breaks you; knowing how to deal with them or not dealing with them does. You’re not going to know what your weaknesses are if you’re not self-aware. At one point during high school Austin’s football coach said something simple and profound “Austin, you’re uncoachable”. And at the time Austin says he was because he wasn’t taking accountability for his own life. Austin remedied that problem by taking accountability for his actions and results in life and becoming more self-aware. He took 30 days off from social media and most social interactions and got to know himself. Once he became more self-aware mentors were better able to help him.
Listen More and You Will Learn More
Practice being intentional – close your mouth and just listen. When you practice that enough you’ll become good at it, even if it doesn’t come over night. For yourself you will learn more and grow faster as a person. When you listen and learn what OTHER people’s problems and pain points are, you’ll learn how you can better help THEM by not making the conversation all about yourself.
Listen In!
Some other topics we cover in this episode are:
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About The Guest
Austin McCulloh’s high energy, strong discipline, and intense drive make him the perfect fit for achievers looking to take their career to the next level.
McCulloh plans to take the company he recently launched – Austin McCulloh Advising – to a billion-dollar business by the time he turns 30. His firm already has ten clients from Los Angeles to Pennsylvania, and McCulloh, who turned 23 on Feb. 22, believes his mind will be the secret sauce for companies on a global level to attract and retain Generation Z employees, as well as develop their young sales professionals. “I see this company becoming the No. 1 human capital consulting firm in the world,” said McCulloh, who lives in Iowa City, Iowa.
Austin already has one successful business on his resume. He founded Supercorn Tutoring while he was a business student at the University of Iowa. The company tutored Chinese students over thousands of hours and led to McCulloh hiring several tutors. He ran the business while taking 19 credit hours during a senior year semester, while serving as a licensed financial advisor, tutoring each morning to help grow Supercorn, and serving on the executive board of two student organizations at Iowa: the Financial Management Association and HawkTrade Investment Club.
Recently I spoke with Phil Gerbyshak, he really knows SALES. He’s a sales speaker, a sales expert, a sales trainer, a sales leader mentor, a sales podcaster and a sales coach. We spoke about how to successfully build relationships ONLINE that turn into business OFFLINE.
We started our discussion talking about the fact that relationships are what we all want when it comes to growing your business or advancing your career. Nobody buys unless they know, like and trust you. So how can you get people to know, like and trust you faster? By adding VALUE to their life.
If you are initiating a relationship it is not about you, it’s about the other person. Getting to know them as a person, what they are working on right now and what they need help with right now helps you kick start any relationship. There are two key factors for creating and fostering relationships in the business world. They are relevancy and recency.
Relevancy is important. There are three ways to become relevant faster.
Recency is also important. You need to keep in touch with people and foster your important relationships. If you haven’t spoken with someone for years you need to re-build that relationship and become relevant again. Remember: The goal isn’t just to have more conversations, it’s to get more business or advance your career. This is why what you talk about is so important. To have more successful conversations use the three H’s:
There are three H’s to building successful business relationships:
Go Offline
When you make an online connection, you need to make it more than just another online connection. You need to take things offline. Set up a phone call or if you have the time a coffee meeting. A great way to start a conversation is reaching out to say happy birthday. Everyone has a birthday and social media channels remind us when their birthday is.
That creates an opportunity to reach out to them, make that phone call. After happy birthday ask them what they’re working on and who they need to know. Chances are they will reciprocate by asking you the same thing. Maybe they need your services quickly or maybe time will go by. It’s just a matter of keeping the conversation going so they think of you when they have a problem that your services can solve.
Phil goes on to talk about:
If you like what you hear please subscribe and rate The Idea Climbing™ Podcast on iTunes.
Phil Gerbyshak knows SALES. He’s a sales speaker, a sales expert, a sales trainer, a sales leader mentor, a sales podcaster and a sales coach. He’s written 5 books, more than 3000 articles, and has been quoted in the Wall Street Journal, Daily Globe and Mail, Financial Times, Investor’s Business Daily, Inc. and many other publications, including earning 3 covers: Speaker Magazine, Marketing Media and Money, and Social Selling Made Easy. Phil is known as a Sales, Leadership and Technology Authority with a particular expertise in inside sales, LinkedIn and social selling.
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