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Tag: Mentorship

  • Moxxie Mentoring to name new leader at Emerald Summit | Long Island Business News

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    The will host its 14th annual Emerald Summit on Oct. 30 from 12–3 p.m. at The Heritage Club at Bethpage State Park. This year’s event marks a notable moment for the organization as it prepares for a leadership transition.

    Founder and executive director Beth Meixner will be acknowledged for her contributions to building a strong network that supports . She will step down at the end of the year, with Moxxie alumna and former LIBN associate publisher Jenna Natale, currently the organization’s associate executive director, set to succeed Meixner.

    “I am honored to bestow Moxxie Mentoring Foundation’s future to one of our previous mentees,” Meixner told LIBN.

    “Jenna Natale will bring this organization to a new level and light the way for many more women through our current and upcoming programs,” Meixner added. “I could not be more proud of the organization I founded and all the mentors, board members and supporters who have assisted in its continuous growth. Jenna is the perfect woman to continue our legacy. I am confident in and excited for everything she will do with the foundation.”

    Natale said that “Moxxie Mentoring has been my village throughout my professional career. To help lead the organization into its next chapter is exhilarating and a testament to our foundation’s belief in the reciprocal nature of .

    “It’s an honor to step into the big shoes Beth Meixner leaves to fill, but I do it knowing there are so many more women to serve, and so many professionals eager to help them grow with confidence and competence,” Natale said.

    This year’s summit features networking opportunities and stories of transformation that are centered on Moxxie Mentoring’s mission to “cultivate a workforce of bold, resilient women who lead with purpose,” according to a news release about the event.

    Connecticut-based celebrity chef, cookbook author and TV host Anna Francese is this year’s keynote speaker. Gass has been featured on “Rachel Ray” and “Today” and is a regular guest on “Good Morning America” and “Access Hollywood.” Her story includes shifting from sales leadership to the culinary world, providing an example of career transformation. Her signed books will be available for purchase.

    The event, which is presented by Citizens Bank, will also debut Moxxie Mentoring Foundation’s new logo and website. And it will include the organization’s first mission video, which was donated by Garden City-based NOM Studios.

    The event will also highlight the organization’s 2025 “Purple Pump Award,” given to outstanding mentors and mentees. They include Thais Caldiera, SUNY Old Westbury; Rumaisa Chowdhury, Adelphi University; Suhair Fardan-Samuels, Adelphi University; Destiny Williams, SUNY Old Westbury; Therest Billouins-Roberts, Webster Bank; Lori Fruct, PEO Spectrum; Nicole Stefanakos, Citizens; Tonya Williams, Webster Bank; Maria Girardi, Jaspan Schlesinger Narendran LLP; Kristina Robey, Citizens; and Liz Vickers, crAIve.

    It will also showcase local vendors selling goods and merchandise, corporate partners that support women in the workforce, raffle basket prizes and surprise gifts.

    All proceeds from the event help support Moxxie Mentoring Foundation’s three core programs, which service women at all stages of the careers.

    “The Emerald Summit has long been a place for professionals across Long Island to connect with like-minded individuals: People who believe in the power of mentorship and the critical role mentoring plays in the life of a woman embarking on her career journey,” Natale said in the news release.

    Meixner stressed the importance of mentorship.

    “I always say, I never had a mentor in my life,” she said in the news release. “But had I had a mentor years ago – where would I be? How much further ahead could I have gotten in my career?”

    Meixner went on to say that “I have seen very successful women who have had mentors – men and women – and they’ve really excelled in their careers. That’s the kind of opportunity the foundation aims to create for every woman in our programs.”

    More information about the event is available here.


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    Adina Genn

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  • Tanner Adell and Versha Sharma inspires young creators at Teen Vogue Summit

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    LOS ANGELES — The 2025 Teen Vogue Summit gathered young creators for a day of inspiration and empowerment, bringing Hollywood’s most influential change-makers on Saturday, Sept. 20.

    The 2025 Teen Vogue Summit created an empowering space for young leaders to learn, grow, and celebrate together. Attendees got the chance to hear from guest speakers Raven-Symoné, Alyson Stoner, Leah Jeffries, Tanner Adell, and many more. They shared career advice, industry insights, and personal stories of success. With panels, performances, and opportunities to network.

    Country singer-songwriter Tanner Adell and Teen Vogue Editor-in-Chief Versha Sharma shared why the Teen Vogue Summit is so special for the upcoming generation.

    “The beautiful thing about Teen Vogue Summit is everybody is really encouraged to own their own story, and so I hope that’s what they walk away with,” said Sharma. “I want younger creators to walk away feeling inspired and motivated and to feel like they should use their own voice and not be afraid to do that.”

    Tanner Adell shared the same narrative of empowerment, urging attendees to dream big, and there is no dream that is unobtainable. Absolutely nothing is out of your reach.

    “The summit is so special for that reason, giving other young creators the opportunity to hear from people who have done what they want to do,” said Adell. “I hope people today take away that if you have a dream, nothing is too big, and you can do anything you want.”

    Sharma offered words of advice she wished she could’ve given to her younger self. For any young person reading this, it’s okay to stand out in the crowd.

    “It’s okay to be different, and it’s actually even better to be different and to own that as your superpower,” she said.

    Tanner encourages perseverance despite the challenges life may throw your way; keep going forward.

    “When the journey gets really hard, it’s so worth it,” she said. “Keep pushing and go for what you want. You deserve it always.”

    Teen Vogue Summit launched in 2017. It continues to serve as a platform for youth voices that blend pop culture with social change.

    Copyright © 2025 OnTheRedCarpet.com. All Rights Reserved.

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    OTRC

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  • An Expert Explains Why You Need a Personal Board of Advisors | Entrepreneur

    An Expert Explains Why You Need a Personal Board of Advisors | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    By the early 2000s, working for a single company for your entire career was rare. The new normal was fluid. Employees became more likely to move between organizations, or even switch industries entirely. Job mobility offers flexibility, but it also leaves many of us feeling overwhelmed and looking for guidance.

    How can we best draw on others’ support as we forge our own careers? I’m a professor of management at Babson College who has spent decades studying how mentors boost individual development and organizational success. After teaching thousands of students and executives, there’s one piece of advice I give everyone:

    You need to build a personal board of advisors to help guide your career.

    A personal board of advisors is a small part of your overall network: It’s a group of people invested in your success who you can turn to for advice and support. Here are five of the most important things to know about building your board of mentors.

    Related: What You Need to Know About Building a Small Business Advisory Board (and Why You Need One)

    Quality is more important than quantity

    A personal board of advisors falls between the solo guru you turn to for every question, and your 500-plus LinkedIn connections. It’s a smaller network of people who care and provide support for you throughout your career, including peers and role models. This network changes over time to reflect what you need at different career stages, as you will rely on them for everything from providing practical advice to advocating on your behalf.

    An extensive contact list does not translate to a better network. Prioritize high-quality connections over high-quantity networks. Try making a list of how many people you actually discuss your career with. You’ll notice it’s smaller than you may have thought.

    Here are the three characteristics to look for in a high-quality relationship:

    1. Positive intent — You and your mentor are both entering with good intentions and assume the best of each other.
    2. Mutuality — You’re both present and engaged when you’re speaking. You have a genuine connection and aren’t just trying to get something out of each other.
    3. Vitality — You leave the conversation feeling energized rather than drained.

    Don’t put all your eggs in one basket

    Everyone benefits from mentoring relationships. My research shows that mentees are happier, more satisfied in their careers, get promoted faster and learn new skills. Mentors get many of the same benefits, plus loyalty among their team and a reputation for supporting others.

    However, a common mistake people make when seeking mentorship (and that companies make when setting up mentorship programs) is relying on one person. More than 92% of Fortune 500 companies have mentoring programs in place. But many of these are 1:1 models, where an employee is matched with a single mentor. That’s a lot of pressure on a single relationship and whether you hit it off.

    More importantly, you need multiple perspectives on your personal board of advisors. Sometimes, you need support from within your organization. Other times, you need an external eye. Sometimes, you want a person who shares your existing interests. Other times, you want someone who shares new interests you’re looking to explore.

    Related: 8 Steps to Creating an Effective Advisory Board

    People are more willing to help than you think

    Reaching out can feel daunting. Everyone’s busy, and it can feel like you’re asking a lot. But research on reciprocity shows that when someone asks for help, our immediate instinct is to offer it. People are flattered to be asked for their advice and mentorship. That doesn’t mean you’ll always get a “yes,” but it should make you feel more confident asking.

    When you reach out or first meet a mentor, think through how you present your story. This is an introduction, not a sales pitch for why this person should mentor. Be honest; if you’re editing your story to strengthen a relationship with a mentor, it might be a sign to seek someone else.

    Take advantage of the moment when you’re new at an organization to reach out to people. There’s never an expiration date on seeking mentorship. But the first few months of a new job offer a natural alignment: It’s when you most need support and when other people are most inclined to give it.

    Your peers are some of your best mentors

    The most underrecognized and underutilized mentors are your peers. As you progress through the ranks into more senior positions, the pool of available mentors above you shrinks. By the time you get to CEOs, who don’t have a boss, peers are the main option to receive mentorship.

    Adding peers to your personal board of advisors is helpful at every career stage. A lot of peer mentorship is informal and spontaneous. Structure, however, can also be helpful. Set up a recurring time to meet, whether it’s once a week or once a year. And, as with other mentors, it’s best to have a diverse group of people with different perspectives.

    Peer mentoring allows us to grow through the advice we receive as mentees, but also as the mentor who’s offering said advice.

    Related: Randi Zuckerberg: Don’t Search for That ‘Pie-in-the-Sky Mentor’

    It’s on you to develop your personal board of advisors

    With the shift toward greater job mobility, companies stopped taking responsibility for cultivating employees’ entire career trajectories. The formal mentoring programs large companies have in place are aimed at developing employees in their role within the organization, not looking out for your career as a whole. You now need to be intentional about building your own career networks. No one will do it for you.

    Many executives I work with feel lonely in their professional journey. Oftentimes, the only person they’ll discuss their career with is their spouse or partner. They come to understand that they haven’t paid enough attention to their own growth and development.

    Even as an expert who teaches about building networks, I sometimes forget to focus on my own. But I remind myself that creating and maintaining quality relationships with multiple mentors is good for me, good for my advisors and good for my employer.

    It’s a win-win-win worth investing in.

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    Wendy Murphy

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  • 5 Habits That Build Mental Strength | Entrepreneur

    5 Habits That Build Mental Strength | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    On the most recent episode of The Jeff Fenster Show, entrepreneur and real estate investor Cole Hatter shares his insights on building mental fortitude, finding purpose, and achieving success.

    Here’s a closer look at his journey and the valuable lessons he shares.

    Physical challenges create mental strength

    Hatter believes physical challenges play a vital role in developing mental strength and protecting one’s sanity and quality of life. He encourages listeners to take on bodily challenges, such as the seventy-five hard program, to push their limits and build resilience. By embracing physical challenges, individuals can develop the mental fortitude needed to overcome obstacles and achieve success.

    Larger purposes lead to more fulfillment

    According to Cole, having a larger purpose beyond making money is essential for long-term success and fulfillment. He emphasizes the importance of finding a cause or mission that drives you and aligns with your values. By identifying something that drives you other than financial gain, you can find greater meaning in your work and positively impact the world.

    Surround yourself with mentors

    To stay motivated and continuously grow, Cole recommends seeking mentorship, reading books, and investing in personal development. He believes that surrounding oneself with successful individuals and constantly learning are vital to success. By learning from those who have already achieved what you aspire to, you can gain valuable insights and avoid common pitfalls.

    Embrace resilience

    Cole’s personal journey from tragedy to success highlights the power of resilience and making a promise to live a big enough life for oneself and others. He shares how he committed his two best friends, who tragically passed away, to live a life that honors their memory. This promise has driven him to push through challenges and create a life of purpose and impact. By embracing resilience and making a personal commitment, individuals can overcome adversity and achieve their goals.

    Study up on real estate

    As a successful real estate investor, Cole stresses the importance of knowledge, education, and preparation in seizing opportunities. He advises listeners to start with books like “Rich Dad Poor Dad” by Robert Kiyosaki to gain a foundational understanding of real estate investing. By investing in their growth and education, individuals can position themselves to capitalize on the opportunities that arise in the real estate market.

    Prepare for the future

    Cole suggests that individuals should be financially prepared to capitalize on discounted real estate opportunities that may arise in the next year or two due to rising interest rates. He advises homeowners to hold onto their properties if possible. Individuals can take advantage of market fluctuations and make sound investment decisions by being financially ready and strategic.

    Hatter’s insights on building mental fortitude, finding purpose, and achieving success provide valuable guidance for aspiring entrepreneurs and real estate investors. By embracing physical challenges, pursuing a bigger goal, investing in personal growth, and staying prepared, individuals can navigate challenges and seize opportunities on their path to success.

    Subscribe to The Jeff Fenster Show: Entrepreneur | Apple | Spotify | Google | Stitcher

    About The Jeff Fenster Show

    Serial entrepreneur Jeff Fenster embarks on an extraordinary journey every week, delving into the stories of exceptional individuals who have defied the norms and blazed their own trails to achieve extraordinary success.

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    Jeff Fenster

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  • How to Cultivate an Executive Presence That Persuades and Inspires | Entrepreneur

    How to Cultivate an Executive Presence That Persuades and Inspires | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Throughout my career, when I’m mentoring, coaching or providing career development feedback to business leaders, the one leadership skillset that most frequently comes up as a growth opportunity is developing ‘executive presence.’ While honing your executive presence can be a key factor in your career growth and the competency many leaders frequently need to refine, what exactly does executive presence require? How do you define it, how do you know when you have it, and what can you do to improve it?

    The problem with executive presence is that it’s like the old definition of art — you know it when you see it — but you can’t necessarily articulate just what “it” is. It’s difficult, if not impossible, to improve upon it if you don’t have a clear definition, so here’s how I see this.

    For me, executive presence is the total combined manner by which an executive “shows up” for the job of leadership. It’s that unique combination of skills, style, actions and reactions in service to the goal of leading your employees forward and driving organizational results. As John Quincy Adams put it, “if your actions inspire others to dream more, learn more, do more and become more, you are a leader.”

    The reason executive presence can feel so elusive is because it’s not a singular concept of presence. Instead, it’s how you show meaning and authenticity. It’s not just what you wear or how you communicate — it’s the combination of everything that determines how people view you as a leader and why they look to you for direction.

    Related: How Executive Coaching Can Help You Level Up Your Organization

    Nurturing your results and reputation

    To perfect your executive presence, the first step is to earn a reputation for being great at what you do. While this is probably self-explanatory for many of you, I’ve found that being excellent in your role is the biggest determinant of how much executive presence you have.

    This is because people notice you for the right reasons when you’re skilled at your work. Consistently achieving stellar results is the foundation for all other executive presence traits. When you excel, you’re in the ideal position to be an inspiring and selfless leader because it allows you to build trust with those around you.

    Something I’ve noticed about people who consistently deliver results is that they all have reliability in common. I used the phrase “done done” when consulting to gauge reliability. When something was “done done,” it didn’t need edits and comments. It was zipped up and ready to go. Producing “done done” results is the highest form of reliability. When you, as a leader, can achieve this consistently, it’s invaluable for your reputation of reliability.

    Related: 10 Indirect Things We Get Judged On — How Do You Shape up?

    Helping others take action

    As executives, we’re paid to look to the future. That means it’s up to us to empower our teams to get us closer to our goals. Our teams will look to us for guidance and behaviors they should model, so our actions must demonstrate how they can serve the broader organization.

    One of the biggest keys to driving action is the ability to ask the right questions. Questions should always be insightful, probing and open-ended, with the goal of letting the team provide input in an open forum. For instance, what processes are failing, and where can we improve operations? What’s our next strategic goal to move the business forward? What techniques can I adopt as a leader to set the best example, and what strategies do I need to deploy to help my teams evolve? Asking thoughtful questions can also prevent you from making rash decisions before getting the full picture, saving you and your team precious time down the road.

    To help inspire action and convey understanding, leaders need to be able to summarize a situation effectively. Executives should be able to be concise, with the goal of orienting everyone to the company’s desired outcomes, communicating the purpose of those outcomes and articulating their impact on the future. Your ability to summarize thoroughly and succinctly is where your sense of executive presence can really shine.

    Perfecting your communication

    Communication is probably top of mind when you think of executive presence. Whenever you address others, choosing your words carefully is crucial.

    I am personally inspired by what author Kim Scott calls “radical candor” to describe communication in the context of executive presence. Essentially, this is the ability to say what needs to be said, not what you think ought to be said. I’m not saying you should berate an employee in a meeting or allow your staff to disrespect their colleagues. You need to ensure that people can express frank opinions, highlight when something doesn’t make sense, and know they can own a mistake without impacting their office’s reputation.

    To discern what needs to be said versus what you could say, ask yourself if your thoughts are in service to the goals you’re working toward. We all get frustrated at times, but your words always need to be helpful and actionable for the people in the room with you and the company overall — radical candor ties in with the humility to respectfully speak the truth while also listening to other opinions.

    Sharing the credit

    I want to touch on one more aspect: the importance of giving your teams as much credit as possible while resisting the urge to believe your hard work drove all the success. Leaders who adopt an others-first mentality almost always separate themselves from leaders who focus more on their own scorecard. Becoming a better leader starts with putting your employees first. People need to be recognized for their contributions to create an engaging and fulfilling workplace.

    Executive presence isn’t just how you appear in the meeting room — it’s how you present yourself daily. Executive presence encompasses expertise, action, and communication beyond the boardroom walls. Consistent results, collaborative action through insightful inquiry and communicating with radical candor and humility convey a sense of presence. Truthfully, there’s no magic to it. It all comes down to doing careful work and compellingly articulating yourself.

    As you strive to refine your executive presence, remember it’s not a destination but a continuous journey of self-improvement and authenticity. If we can learn to show up with more executive presence, we can pave the way for our personal growth and for the success of our teams and organizations as we shape a future where leadership thrives, and excellence prevails.

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    David Roberts

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  • 7 Tips to Maximize Mentor Relationships in Business | Entrepreneur

    7 Tips to Maximize Mentor Relationships in Business | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    A mentor is a valuable teacher for a company’s emerging talent, but in four decades of coaching sharp business-minded younger people, I’ve often been surprised at how much they have taught me. You really have to know your stuff when you teach someone. Mentoring has kept my skills sharp, and working so intensively with young team members has helped me keep up with new developments in my industry.

    A solid mentoring program can be the backbone of any company if it is done right. It should be a give-and-take relationship that’s about knowledge, not status, with honest feedback that goes both ways. And as I’ve found, it has rewards for both mentor and protégé.

    The rewards don’t always come from teaching job or career skills. My most memorable experience as a mentor began when I learned an employee was struggling with a drug and alcohol addiction. I worked with him and his wife to encourage admitting himself into a rehabilitation center for one year. It helped him get back on the right track, and he returned to work better than ever.

    I’ve also been mentored by some incredibly talented people. Three in particular come to mind: my father, franchising legend Roy Titus; his long-term employee, Gary Rockwell; and my father-in-law, J.J. Prendamano, who was General Manager at United Franchise Group (UFG) for many years. They all taught me the value of hard work and were unique in their ability to get things done and keep moving forward in good times and bad; I’ve often drawn on their examples.

    J.J. left his mark on UFG in many ways, including starting our mentor program over 25 years ago which continues to this day. Here are some lessons we’ve learned in that time.

    Related: 4 Benefits of Finding a Mentor

    1. Don’t let status define the mentorship

    The mentor is usually more experienced than the protégé, but being higher up in the organization doesn’t automatically make someone an expert in everything. As General Manager, J.J. reported to me, but I welcomed him sharing his extensive knowledge. Everyone can be an expert in something, and protocol should never stop you from sharing it with another.

    2. Approach a potential mentor tactfully, respectfully and clearly

    Start by expressing your admiration for their work or achievements and sharing how their experience aligns with your aspirations. Then, communicate what you hope to gain from the mentorship, and assure them you can commit the necessary time and energy. Highlight how you can contribute to the objectives, even if it’s just by bringing a fresh perspective.

    3. Look for promise and possibility in a protégé

    Approach them and tell them your opinion of the opportunities you see. Share insights or experiences that could benefit them and gauge their interest in mentorship. Be mindful of their autonomy, and ensure the mentorship would be welcomed and beneficial from their perspective. People either have thin skin or thick skin, so when sharing constructive criticism, choose your words and tone wisely.

    4. Set expectations and rules right from the start

    What is each person looking for in this relationship? What career advancement is the protégé looking for, and can they expect to achieve it? Work out each person’s responsibilities to each other and the relationship, and establish clear rules. Don’t assume anything, especially regarding off-limit subjects or behaviors.

    Related: 3 Pivotal Qualities to Look For in a Great Mentor

    5. Have an agenda, but let the meeting go where it needs to go

    At UFG, we believe in formal meetings with an agenda and always in a conference room or out for lunch, including when mentors and protégés get together. Know the purpose of your session, and you’ll get more done. Don’t be afraid to deviate; good ideas can pop up at the most unexpected times. Just be sure the unplanned business is relevant and doesn’t derail the planned business.

    6. Ask a lot of questions

    This is important for both mentor and protégé. The protégé should be filled with questions about the subjects you explore and should never be afraid to ask them. The mentor should ask questions that challenge the protégé’s assumptions and help them approach problems creatively. “Are you sure about that? How do you know? What if the situation changes?”

    7. Be willing to share your mistakes

    Mentors must be willing to share experiences, even if it makes them look bad (“Learn from my mistakes”), so humility is essential — so is trust. To ensure an open dialogue, agree that “What happens in our mentor meetings stays in our mentor meetings.”

    Mentoring really can be the core or backbone of any company if it is done right. Having the more experienced employees pass on great nuggets they’ve learned over the years to the newbies (protégé) is more valuable than anything else you could do.

    Related: 6 Reasons Why Business Leaders Should Implement Official Mentor Programs

    Not all mentorships work out, and that’s okay. If the mentorship isn’t fulfilling its intended purpose, it’s best to have an open and honest conversation about it. Thank your mentor for their time and guidance, but express that you feel the relationship might not best fit your current needs. This approach should also apply if you’re a mentor who feels the relationship doesn’t benefit your mentee. Maintaining professionalism and respect throughout this process is important, as you never know when your paths may cross again.

    Mentoring has enabled me to exercise one of my greatest passions, helping people become successful. I hope I’ll be remembered as a positive force for good in helping others succeed by sharing my experiences and knowledge. Thanks to the rising stars I’ve worked with throughout my career, mentoring has also left its mark on me.

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    Ray Titus

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  • 3 Pivotal Qualities to Look For in a Great Mentor | Entrepreneur

    3 Pivotal Qualities to Look For in a Great Mentor | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    When I was just starting on my leadership journey, I needed good people to push me to do great things (and stop me from doing stupid things). In the sense that learning never stops, that’s still true.

    Because my firsthand experience with mentors has been so valuable, I advocate hard for others to find people who can guide them — regardless of whether they’re new to the game or have seen a few seasons. Knowing some specific criteria to look for in a mentor can make your search a lot easier.

    1. The ability to teach you in a realistic, relevant way

    I love legendary basketball player Larry Bird. There’s arguably nobody better to show someone how to perform well on the court. But if I went out as a 23-year-old business professional and got him as a mentor, he’d probably look at me, scratch his head at my suit and ask, “So, what am I going to teach you?”

    People can have incredible skills that can make them seem like gods to you. But sometimes, what someone else has done in their career really isn’t a good fit for the kind of career you actually want to have.

    Be grounded. Find someone who has walked the type of journey you want to walk, whether that’s within your own company or elsewhere. Look at their LinkedIn profile — see how they started and worked their way up. The closer their experience is to what you’d like to learn and do, the better mentor-mentee match you’ll probably have.

    This idea of relevance extends beyond your field. If a potential mentor can’t relate to you because of their age, gender or other elements, it doesn’t mean they’re not a great professional. It just means they might not connect with or inspire you in the way that you need.

    Related: You Need a Mentor. Here’s Where to Find One for Free

    2. Good connections

    Not too long ago, someone was open with me about what they wanted to do. I had them go on LinkedIn and find five people who had a career they’d like to have (see above).

    I reached out on their behalf and was able to get the person I was mentoring a 30-minute Zoom meeting with one of the people on their mentoring wish list. All my mentee needed was someone who could link them up with the person whose career they admired.

    So when you’re considering potential mentors, think about who you know that might be able to reach out and advocate for you.

    3. Appropriate distribution of time

    A solid mentor track record doesn’t necessarily mean that someone has mentored many people. It means that they’ve consistently invested time in their mentees and that the mentees have been able to move forward because of that investment. They’re sitting down once per week, month or whatever works with the mentees and asking what’s on their minds. They are genuinely able to respond to the reasonable requests that their mentees have.

    Good mentors also should be able to give you homework assignments. If the mentor hasn’t mentored a lot and doesn’t realize you need this, it’s okay for you to ask them for some beneficial things you can do before your next meeting.

    Related: The Importance of Mentors

    Ask them if there are any podcasts, books, articles or other materials you should be looking into, and try to get a sense of how they see the world. Their answer — or lack of one — will clue you in about whether they’re active enough in your field or career space to help.

    Regardless of whether a mentor can come up with homework assignments on the fly or needs a little push to think about them, be willing to invest more time than your mentor does. One of my favorite books is The Tipping Point by Malcolm Gladwell. If I recommend that book to you and you haven’t read it in a month or two, that’d be a big yellow flag to me. I’d probably question why I was staying late after work to meet with you if you didn’t step up to the plate and take the advice that I gave you.

    Mentors don’t want or expect you to be a doormat, but they will expect you to put in real effort and have your priorities straight. Don’t get a mentor just because somebody told you that you should have one. Get a mentor because you’re willing to invest in them and your own success.

    Related: The Secret to Finding a Great Mentor: Don’t Ask to Be Mentored

    Once you have the right person, get serious and own it

    I’ve been fortunate enough to have had five mentors, all of whom were different in how they worked with me and what I was able to learn. I’ve observed and practiced what they do — like heeding the advice of a great presenter I admire to become a better speaker. However many successes I have had in my professional life, the majority would not have occurred without my mentors.

    My experience has shown me just how much others can share to help others grow, but I’ve also learned that there’s nothing better than digging in on tough projects next to someone who really knows their stuff.

    Remember: Talent might come naturally, but skills are things you have to work at and spend your time on. Find the right person who’s willing to go it alongside you in that work. From there, embrace more difficult tasks and own them.

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    Brendan P. Keegan

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  • Junior Staff Are Struggling to Adjust to Flexible Schedules — Here’s Why. | Entrepreneur

    Junior Staff Are Struggling to Adjust to Flexible Schedules — Here’s Why. | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    In today’s fast-paced business world, flexible work schedules have become increasingly popular, allowing employees to balance their professional and personal lives more effectively. However, with the rise of remote and hybrid work environments, one crucial aspect of employee development has taken a hit: mentoring. Recent findings by WFH Research, a group that includes Stanford University economist Nicholas Bloom and other scholars, show that on-site employees devote more time to mentoring and professional development than their remote counterparts. Namely, those who came to the office devoted about 40 more minutes a week to mentoring others, nearly 25 more in formal training and about 15 additional minutes each week doing professional development and learning activities.

    As a seasoned expert in helping leaders figure out a flexible return to office and hybrid work policy, I can attest that Bloom’s research is spot on. When you just let things take their natural course, junior staff suffer. No wonder leaders who previously showed strong support for flexibility like Marc Benioff and Mark Zuckerberg changed their minds, at least about junior staff, pushing them to come to the office for three days a week — but also asking senior staff to come to the office to mentor recent hires.

    Mentoring: The missing link in flexible work

    Unfortunately, their proposed solution is wrong-headed. Mandating in-office attendance for most of the workweek is bound to lead to attrition, resistance, disengagement and lowered productivity. And it will not be very effective for mentoring, either. In the context of the return-to-office wars, senior staff especially resent coming to the office with the sole goal of mentoring junior staff by osmosis. They tend to go to their office or cubicle, shut their door and put on their headphones, and try to avoid interacting with anyone else. Junior staff is usually too intimidated by this obviously hostile and standoffish attitude and fails to get mentoring.

    Instead, the solution is a structured mentoring program that embraces flexible schedules. Senior staff feels much less resentment about coming to the office once a week for several hours to do in-depth mentoring, along with some virtual mentoring sessions, compared to an obligation to come in three days a week for the weak soup of mentoring by osmosis.

    Picture a garden with an abundance of diverse and colorful plants. Each plant represents an employee, and the garden as a whole represents your organization. The sun, water, and nutrients these plants receive are akin to the mentoring and professional development opportunities that nourish your employees. Without these essential resources, the garden withers and fails to reach its full potential. Similarly, without a structured mentoring program, your employees’ growth may be stunted, leading to a less vibrant and successful organization.

    And it’s not only the gardening metaphor that illustrates effective mentoring: a study by Charter and Qualtrics of 3,005 desk-based workers in the United States does so as well. They found that “hybrid work does not limit the potential of mentoring” and “Successful mentoring relationships were similarly likely to occur if mentor and mentee met remotely [or in-person.”

    Similarly, the Harvard Business Review reports that “many individuals incorrectly presume that physical proximity is essential in developmental relationships. But like work itself, mentoring is defined less by the medium in which it is accomplished than by the outcomes delivered.” If you have “commitment, trust, relationship quality, and mentor competence,” these “are the real ingredients of developmental growth,” and you can have these in both in-person and “virtual mentorship.”

    But what is involved in a structured mentoring program of this sort?

    Related: CEOs Are Blaming The Need For Mentorship to Justify The Forced Return of All Employees. Reality Calls For a Very Different Approach.

    Individual lunch sessions: Planting the seeds of trust

    One-on-one in-person interactions with senior professionals serve as the sun in our garden analogy. These meetings foster personal bonding, vulnerability, psychological safety, and trust — the lifeblood of effective mentoring relationships.

    While these sessions are powerful, senior professionals’ time is limited, and most want to minimize their time in the office. That’s why it’s essential to incorporate other mentoring activities.

    Virtual coffee meetings: Nurturing connections across the distance

    Imagine these virtual meetings as the water that sustains our garden. After trust has been established through in-person interactions, virtual coffee meetings with senior professionals offer a convenient and accessible way to maintain relationships.

    The lower time burden and flexibility of these meetings make them an attractive option for busy senior professionals, no matter where they are in the world. I’m not simply referring to traveling: Many senior professionals at my clients moved to more attractive locales during the pandemic and only came to the office for quarterly retreats. They were too high-value for my clients to pressure them to return to the office.

    But, we ended up making arrangements where these senior professionals met their mentees during quarterly retreats and began their relationships in these intense bonding experiences. Then, they continued mentoring in these virtual meetings, having established the trust necessary to do so.

    Regardless of whether you do in-person or virtual meetings, make sure to do them often. Both my own experience with clients and the research by Charter and Qualtrics found it’s key to have frequent check-ins between mentors and mentees. In fact, according to the study, “Some 51% of very successful mentors meet with their mentees once a week or more often, compared to 37% for somewhat successful mentors.”

    Group lunch sessions: Cultivating collective wisdom

    Group lunch sessions act like the fertile soil that supports the growth of your organization’s garden. By engaging small groups of young employees with senior professionals, these sessions facilitate knowledge sharing and relationship building while making efficient use of senior professionals’ time. Such gatherings allow the collective wisdom of your organization to flourish.

    Moreover, much like the pollinators in our garden, group mentoring sessions encourage the cross-pollination of ideas among a cohort of younger employees mentored by a senior employee. This approach fosters a collaborative learning environment of peer-based learning and reduces the burden on senior employees of teaching junior staff, promoting a thriving ecosystem within your organization.

    Just like with one-on-one mentoring, group sessions are best started in person. Then, you can transition to remote once trust has built up.

    Coworking sessions: Encouraging organic knowledge transfer

    Imagine coworking sessions as the intertwined roots of plants in a vibrant garden. Just as these roots share nutrients and stabilize each other, coworking sessions present a unique opportunity for senior and junior employees to share knowledge and support each other. This shared workspace provides a fertile ground for collaboration, where ideas can germinate, blossom and bear the fruit of innovation.

    In-person coworking sessions, in particular, are akin to the roots that delve deep into the soil, drawing essential nutrients and establishing a robust foundation. These sessions offer the invaluable advantage of immediate feedback, allowing for real-time adjustments and refinements. The energy and spontaneity in these physical spaces spark creativity, much like the invigorating feel of the earth between a gardener’s fingers.

    Virtual coworking sessions, on the other hand, are comparable to the surface roots that adapt to their environment, spreading out to absorb rainwater and sunlight. They offer the flexibility of connecting from anywhere, making them an excellent solution for remote work scenarios. These sessions remove geographical boundaries, enabling the exchange of diverse perspectives, much like the rain and sun that nurture a garden’s growth. Unlike the one-on-one or group sessions, I haven’t observed the need for trust-building through initial in-person coworking, making this activity an especially flexible tool for teams with some members who are fully remote.

    What makes coworking sessions a win-win solution is the reduction of burden on senior employees. By encouraging shared workspaces, both physical and virtual, senior staff members can impart their wisdom and experience without overextending themselves. It’s much like the way mature plants support the growth of younger ones in a garden without depleting their own resources. Ultimately, coworking sessions cultivate a culture of mutual learning and teamwork, laying the foundation for a thriving, resilient organization.

    Related: CEOs Are Blaming The Need For Mentorship to Justify The Forced Return of All Employees. Reality Calls For a Very Different Approach.

    Goal-oriented mentoring: Ensuring a fruitful harvest

    To maximize the yield of our metaphorical garden, we must set clear goals and incentives for the mentoring program. This approach ensures that all parties are fully engaged and that the program is effective in fostering employee growth.

    Just as a gardener regularly prunes and assesses their plants’ health, organizations must implement evaluations to monitor the progress and success of their mentoring initiatives. This process enables continuous improvement and helps your garden – or your organization – to flourish.

    Again, the findings by Charter and Qualtrics supported these lessons from my work with clients. According to the study, “Mentors in successful relationships are more likely to have this mentorship supported through compensation (27%, vs. 17% for less successful mentors), recognition in performance reviews (42% vs. 33%), and being provided time by their employer to mentor (39% vs. 33%).”

    Embrace structured mentoring for a thriving organization

    As the flexible work revolution continues to gain momentum, organizations must recognize the importance of structured mentoring programs. By incorporating a diverse range of mentoring activities, such as individual lunch sessions, virtual meetings, group sessions, coworking initiatives, goal-oriented mentoring, and regular evaluations, your organization can continue to thrive. It’s like ensuring your garden has the right balance of sun, water, soil and care — it’s not just about planting the seeds, it’s about nurturing them to full bloom.

    Now, dear reader, it’s your turn to take action. Consider your organization’s current mentoring practices. Are they like a well-tended garden, ripe with the fruits of shared wisdom and mutual growth resulting from a structured mentoring program fit for flexible work? Or are they more like a plot of land full of random weeds resulting from mentoring the natural way — by osmosis? If you let nature take over, you deserve the outcome.

    As the flexible work landscape continues to evolve, remember that the roots of success lie in a robust mentoring program. Embrace this opportunity and watch your organization bloom. After all, a garden full of thriving plants is much more satisfying and beautiful than a barren field. Nurture your employees like a diligent gardener, and you’ll reap the rewards of a vibrant, successful flexible organization.

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    Gleb Tsipursky

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  • How to Build a Strong Network of Mentors | Entrepreneur

    How to Build a Strong Network of Mentors | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    The old saying, “It’s not what you know, it’s who you know” is an incredibly vague statement. The assumption behind this statement is that your professional network has the opportunity to supercharge your career prospects, and it’s well-documented that who you choose to spend your time with can ultimately influence and define how successful or unsuccessful you will be in achieving your outcomes. However, I personally found it difficult to establish a process around how to engage with folks in my network, specifically those I define as my mentors.

    Mentors can play just as important of a role in our personal and professional development; however, they’re different from therapists, executive coaches or startup advisors because there isn’t necessarily a transactional element to your relationship, which removes any obligations or expectations around how to engage with these individuals.

    Here are a few observations I’ve made as I established my own network of mentors, as well as reflections on how I can give back to be a stronger mentor to others.

    Related: 5 Famous Business Leaders on the Power of Mentorship

    Build the scaffolding

    Defining your personal values will set the foundation, or the mentorship scaffolding, for any relationships you build. To get to the root of these values, I decided to reflect on two meta questions before I started seeking out mentors.

    1. What is my ultimate purpose?

    2. What outcome(s) am I striving for in my personal and professional life?

    Here’s what I wrote down: “To build and live a life that is fun, fulfilling, and meaningful for my family, myself, and those I love most.” Relationships are at the core of my ultimate purpose, and balance across personal and professional aspects of my life is critical to living out that purpose. Upon drafting the purpose statement, I listed out each of the main categories that I’ve elected to prioritize and put energy into that align with that purpose. For me, those categories are: professional, financial, personal development, family, friends, health and spirituality.

    Each of those categories has specific time-based outcomes that I’m striving for, which often change and evolve as I learn and grow. However, with that scaffolding in place, you have the foundation to find individuals who align with your personal values statement and the categories you want to improve upon.

    Related: 7 Ways to Build a Powerful Network

    Create a process

    I’m a firm believer that you can learn from anyone; However, I’m also of the mind that you should strive to create structure and focus on who you’re connecting with and whether they align with your purpose statement and the categories you’ve defined above.

    I’ve thought about the structure of my mentorship network in three layers

    1. Ballers: The people I aspire to be one day

    2. Ballers in waiting: The people I aspire to be that I’m currently working for

    3. Ballers in training: The people I respect and admire that I’m working with.

    In total, that could be as many as 21 different people when you factor this across three layers and seven different categories of focus. Twenty-one people is a lot of individuals to build meaningful relationships with! So, in order to make my process more sustainable, I’ve worked to consolidate certain categories under individual mentors where that person can support my development across multiple domains.

    This group is fluid as my outcomes and priorities change, as well as which categories of my life I’m spending more or less time focused on. I proactively seek to have three individuals of each category that I connect with on a quarterly basis.

    If I’m unable to connect with any of these individuals over the course of the year, I ensure that there’s at least one annual touchpoint with everyone that I’ve established a relationship with. For me, this is an annual holiday newsletter where I share an update on progress against my outcomes over the year. This has also served as a great way to help initiate conversations in areas where I may need support, almost like an annual investor update, without the expectation that I need to cut them a fat check or send shareholder paperwork!

    Related: 4 Rules to Keep in Mind When Looking for a Mentor

    Hold yourself accountable

    Once you’ve committed to building the scaffolding and initiating these relationships across various categories of your personal and professional life, it really helps to create systems of accountability for yourself as a mentee AND mentor.

    As a mentee, I highly recommend joining or creating a mastermind with the folks in your mentor network of influence (i.e., founders, entrepreneurs, parents). During my time building my startup, I joined a mastermind with four other entrepreneurs I respected (a.k.a. Ballers in training). As part of the mastermind, we created an accountability structure where members needed to attend at least three out of four meetings each month. If a member missed more than one meeting for two consecutive months, they were replaced in the mastermind.

    As a mentor, I believe focus is critical. I previously signed up for almost six different startup mentorship networks and was providing value in absolutely NONE of them. I’ve made it a priority to pick ONE community of founders that I can support in what I’ve learned to give back to mentors. Communities like Chief, Hampton and Pavilion offer new ways of building new relationships across cohorts of like-minded, ambitious professionals.

    Additionally, I block off three hours on Friday afternoons when mentees from that community can book time with me to talk about their business challenges. Most importantly, I don’t have strings attached to these Friday meetings. I’m not expecting founder equity or charging for this time as a startup advisor or consultant.

    In summary, I’m grateful for the entrepreneurs, coaches, therapists, advisors and parents that have offered to spend their time with me, as well as the individuals who have trusted me with theirs. I hope that these principles are as useful for you as they were for me. And if they’re not, well, then I clearly need a mentor for mentorship frameworks. So, if you know of anyone, hit me up!

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    Justin Vandehey

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  • No More Excuses: Tanner Chidester’s Harsh Truths to Improve Your Business | Entrepreneur

    No More Excuses: Tanner Chidester’s Harsh Truths to Improve Your Business | Entrepreneur

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    I was recently scrolling through Instagram and a video caught my eye: A guy asked his viewers, “If you’re not willing to send DMs, are you really sure you want to start a business?”

    The guy, it turns out, is Tanner Chidester. As the Founder of Elite CEOs – among other companies – Tanner has generated over 60 million dollars in the online coaching world.

    But as a college athlete turned entrepreneur, his path to success was not always straightforward.

    So If you’re struggling with your business, sometimes the answer isn’t the latest tool or someone to hold your hand and tell you it will all be better. Sometimes you just need a wake up call.

    Tanner is here to give it to you.

    I sat down to interview him for this week’s episode of the Launch Your Business Podcast where he shares:

    • The hard truths you need to know as an entrepreneur
    • The unexpected traits you need to be resilient as a business owner
    • How to avoid “miserable success”

    You can check out my key takeaways below:

    Tanner shares the benefit of mentorship

    “If I paid for help sooner, I probably would’ve made another $20 million and I probably would’ve saved myself from a lot of struggle and heartache.

    Tanner recalled how he struggled for the first few years of his business and how it shaped his view on mentorship.

    “Two years may not seem like a big deal but when you’re doing 16, 18 hours a day and you live in a shithole and you have a terrible car and girls are laughing at you; it doesn’t feel like it’s not a big deal. It feels like the world’s ending. And so I almost quit five times. And the only reason I didn’t is I had a mentor that told me not to, and I’d figure it out.”

    Fortunately his mentor not only encouraged him not to quit, they provided him with the actions, tools and mindset needed to succeed.

    The one tactic that led to his explosive revenue growth

    “People forget, I did door to door sales for eight months, six days a week, 12 hours a day.”

    Tanner describes this as one of the worst experiences of his entire life. This is why he was so excited about the idea of using direct messages on social media to grow his own business.

    “When I was able to start making sales just using my phone it wasn’t fun, but I was making 10 times more just sitting on the couch. Before I was sweating all day, I would chafe my legs and even have guns pulled on me.”

    This experience contributed to his confusion around why other people aren’t willing to take a similar approach; simply messaging prospective customers and pitching your offer.

    “There’s so many other things you could go do, and make so much less, that are so much harder in terms of work and effort.”

    Tanner clearly wants to win, but he wants you to as well

    I often say perfection is the enemy of progress. Tanner shared his perspective on how a delay in taking action can lead to failure.

    “You have to move quickly because if you don’t and you extend this timeline to success. Every day you go past that, you increase the chances that you’re going to quit.”

    He continues and shares his motivation for helping entrepreneurs.

    “That’s also probably why I’m so passionate because people, they don’t get it. And they think by not taking action they lose nothing. But you are losing something, you just don’t know what it is. Until maybe you meet your maker.”

    Tanner concludes with a simple, but grounding statement that defines his mission.

    “I just want people to win. I know what it feels like to lose, so I just want people to win.”

    Next steps:

    Ready to learn more from Tanner? Here are a few ways he can help you.

    You can also learn more about Tanner by visiting his website, and be sure to give him a follow on social media at tanner.chidester.

    I love feedback! If you have any questions or suggestions for future podcasts please connect with me on LinkedIn or Instagram.

    Listen to the full episode with Tanner below.

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    Terry Rice

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  • 5-Minute Mentor: How Do I Get My Products In Front of Customers Online?

    5-Minute Mentor: How Do I Get My Products In Front of Customers Online?

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    “Success leaves clues.” Terry Rice, a business development consultant and writer for Entrepreneur magazine, is not channeling Sherlock Holmes — he’s offering a surefire method for newbies in the business game to unlock success. “Jot down the names of competitors and similar companies and see how they are making it happen. Look how they use social media, find out who they are partnering with. Then put your own spin on those methods that are proven to work.”

    In this week’s episode of 5-Minute Mentor, Terry talks with Julia Cuthbertson, co-founder of Las Chingonas Imports, a Brooklyn-based company that imports high-end Mezcal from Mexico. Julia and her co-founder Tiffany Collings launched their company with two products a year and a half ago, and are looking for ways to expand not just in New York City shops, but online as well. Terry breaks down strategies and tactics for the team to reach a wider customer base while keeping things manageable within their time and resource constraints.

    Watch the above conversation and in just five minutes get actionable tips for:

    • Moving from brick-and-mortar to online sales
    • Getting your product on relevant delivery platforms
    • Developing a customer relationship management system
    • Taking your first steps in fundraising

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    Terry Rice

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  • A Guide to Getting the Best Advice and Mentor for Your Business

    A Guide to Getting the Best Advice and Mentor for Your Business

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    Opinions expressed by Entrepreneur contributors are their own.

    Entrepreneurs are, by their very nature, independent, driven and decisive individuals. They have to be — whether an investment opportunity is secured or slips away, whether a new product soars or slumps, whether, when all is said and done, a business venture is a success, it’s all on them.

    This much I know from experience. Having co-founded four disruptive companies and supported more than 10 others that I have invested in, I’ve endured the early mornings and late nights, shouldered the stress of big decisions and taken risks when the rewards were right. But there’s something else that I’ve always done — something I urge all founders to do — and that takes advice. Lots of it.

    Why? Because, despite our love of autonomy, entrepreneurs can’t have all of the answers all of the time, especially when they’re starting out. But you know who does? Those who’ve been down the same path before.

    Throughout my career, I’ve profited by picking the brains of business leaders at the top of their game. Their insight has added depth and diversity to my decision-making, and by learning from their experiences, I’ve been able to better navigate the challenges they once also confronted.

    Taking advice is a skill in itself, however — one that I’ve honed over the years. Here are the principles I follow when asking for help from those I look up to.

    Related: You Need a Mentor. Here’s Where to Find One for Free

    The importance of trust

    First and foremost, you must ensure you’re seeking guidance from the right sources. Seasoned business owners are always the best place to start — they’ve done the hard yards and know precisely the obstacles that entrepreneurs encounter.

    Trust is another crucial factor. Before tapping someone’s wisdom, you need to be sure they have your best interests at heart. That doesn’t mean individuals who are simply going to agree with you — “yes men” and “yes women” cause more problems than they solve — but people you can rely on to act in good faith.

    Trust is also key for creating a safe space where concepts and concerns can be shared without fear of embarrassment. Some of the best and boldest ideas are lost because inexperienced entrepreneurs lack the confidence to share them with those they admire.

    To remedy this, I suggest partnering with a designated mentor — someone who understands your vision and goals and is a constant source of support along your business journey. They might not be a formal member of the company, but if an individual feels personally invested in your success, their advice will be all the more impactful.

    Related: 7 Reasons You Need a Mentor for Entrepreneurial Success

    Don’t assume you know best

    So, you’ve built a trusting relationship with a business veteran who shares your aims and ambition. That’s a good place to be. Next, you need to make sure you’re asking for help in a way that’s conducive to success.

    Before reaching out, ask yourself this: What do I hope to achieve by requesting advice? If the answer is finding a solution to a genuine dilemma, then go right ahead. If, on the other hand, you’re merely seeking validation for a decision you’ve already resolved to make, neither party has much to gain.

    Relatedly, it’s no secret that entrepreneurs often value their own opinions — it’s one of the reasons we create our own companies. This sort of headstrong approach is almost always an advantage in business; unless it erodes your ability to take honest advice and acknowledge when someone else knows best. If a mentor recommends a change of direction and deep down you know it’s the right thing to do, don’t let pride stand in the way of good sense.

    Related: Why Entrepreneurs Need Mentors and How to Find Them

    Don’t be hesitant to push back

    Of course, blindly following every bit of guidance you get isn’t a good idea, no matter how well-intentioned it may be. If you have a strong suspicion that a piece of advice is wrong, don’t feel hesitant about pushing back and offering a counter-argument. That safe space we talked about earlier, it works both ways — those dispensing wisdom must be prepared to justify their positions under scrutiny.

    If, after a lengthy back-and-forth, there’s still doubt in your mind about a particular recommendation, sit with it a while and let things percolate. It’s also worth seeking a second opinion, assuming it’s from an equally dependable source. Doing so can be daunting — you don’t want to appear disloyal — but any business leader worth their salt knows prudence comes first. Besides, all advice should be treated as provisional; something that is discussed, digested, acted on and then revisited further down the line.

    Related: Asking For Help Is Good For You and Your Business

    A founder’s greatest asset

    In every entrepreneur’s DNA, there is a strong thread of resilience — and at the end of the day, there’s no replacement for your own judgment.

    But no solo business person, however motivated, can solve every challenge they come up against. That’s why having access to trusted and qualified advice is one of the greatest assets a founder can have.

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    David Newns

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  • 7 Steps To Be a Resilient Leader in Hard Times

    7 Steps To Be a Resilient Leader in Hard Times

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    Opinions expressed by Entrepreneur contributors are their own.

    We are in unsettled times right now. According to some forecasters, the U.S. economy faces a 100% chance of a recession over the coming 12 months, and 98% percent of CEOs anticipate a recession. Whether in the 2% that remain optimistic about a recession yet or not, you recognize that during turbulent times, every decision counts.

    All the uncertainty takes its toll. Each new hire, layoff and expense gets analyzed to ensure whether it leads to growth and, in some cases, even company survival. One of the biggest mistakes during recessionary times is making decisions too late. New entrepreneurs navigating this climate for the first time face difficulty making strategic predictions and knowing who to trust, seek advice and confide in. Even seasoned entrepreneurs, who have been through previous recessions, have learned that going it alone is not a good strategy.

    This is an epidemic among entrepreneurs. The Gallup Wellbeing Index highlights that 45% of entrepreneurs report feeling lonely compared to 42% of other workers, with 50% of CEOs reporting loneliness.

    Amongst entrepreneurs, a much higher percentage is feeling anxious or depressed daily. During these times, it is vital to cultivate communities of support to build resilience, ensure you do not make the necessary difficult decisions too late and weather the tough times ahead.

    Related: 7 Outdated Habits That Will Paralyze Your Business

    As the President and CEO of The Alternative Board, which represents 5000 privately-held small businesses in 22 countries worldwide, I speak with entrepreneur leaders daily about their concerns running seven and eight-figure companies to grasp the nuanced issues facing business leaders on main street.

    The antidote is action if you are struggling with extreme stress and anxiety. But not just any action. Take action with the wisdom and guidance of others who have been through recessions already. You need support to boost your resilience and make sound decisions that advance your company’s growth and overall well-being.

    How do you make difficult decisions confidently? It’s vital to surround yourself with other business owners, traveling down the same journey and learning from each other’s experience, to have the confidence to make hard decisions.

    Facing the upcoming economic turbulence, here is the 7-step process to make difficult decisions and guide your enterprise to smoother times.

    Related: How to Develop an Executive Presence and Earn Respect

    1. Get clarity on the core issue.

    The adage “it’s lonely at the top” doesn’t have to be the case. If you feel you cannot share your day-to-day struggles with anyone, take some time to create the space you need to get clear. What is the underlying issue? It may not be an underperforming staff member. Perhaps it is the company culture overall or an outdated offer. Get to the root cause issue underlying the situation. You are not alone, even if you feel lonely.

    2. Air the issue with your peers.

    Napoleon Hill’s bestselling book “Think And Grow Rich” introduced the concept of an alliance of business leaders that convene around a given topic as a “mastermind.” Create a group of support between five to 10 individuals; they can be in varying industries, ages or demographic — the more diverse, the better. Articulate your issue to the group for their assessment.

    3. Seek first to understand.

    Ask clarifying questions to understand in a round-table style session; at my company, our philosophy is “don’t move the fence until you know why the fence was put there in the first place.” Our members want to ensure they are helping each other solve root-cause issues rather than symptoms. Have everyone ask clarifying questions to understand in a round-table style session. When everything is understood, you are better able to receive valuable feedback.

    4. Share your experience.

    The best advice is experience-based advice. Business owner peer boards often represent 150 years of business experience or more. Peers share their collective experiences. Sometimes the best advice is, “I tried this before, and it didn’t work out well for me.” That kind of advice is invaluable to other business owners. Consider whether any experience could apply to you or spark a new path forward.

    Related: Being Vulnerable Is the Boldest Act of Business Leadership

    5. Evaluate your options.

    Many entrepreneurs spend too much time consuming information and not enough time in execution. After considering the feedback from your group, process what the takeaway points will be. What is most beneficial for your company in its growth trajectory? Decide on what from the session you would like to prioritize.

    6. Commit to action.

    We intentionally use the word “commitment” in board meetings. Members commit to each other that they will take a specific action. Commitment implies not only action but that each person is committing to their peers that they’ll take action. These commitments are a key part of moving key issues and opportunities forward.

    7. Stay accountable.

    The easiest person to let down is yourself; the hardest person to let down is someone else. Peer board members hold each other accountable for their commitments. They do this since they support each other, work together and try to help each group member address their challenges and take their business to the next level.

    Although what lies ahead is uncertain, one thing is clear: by curating a community of support, advisors and mentors — whether, via a Board of Directors, accountability groups or peer-led support — entrepreneurs will be well-equipped to draw upon wisdom across industries and demographics to bolster each other and make better decisions to navigate the times ahead.

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    Jason Zickerman

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  • Why All Leaders Need Executive Coaching, Not Just a Mentor

    Why All Leaders Need Executive Coaching, Not Just a Mentor

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    Opinions expressed by Entrepreneur contributors are their own.

    It’s not a secret; no one wants a boss. Over the last two decades, research has confirmed the No. 1 thing employees want from their manager is coaching. People want to work for someone who brings out the best in them. This was demonstrated at Google in 2008 and by Gallup in 2020.

    In today’s work environment, the desire for personal growth and fulfillment is even more important, but as employee demands from the workplace have changed, manager capabilities have not. As employees climb the ranks, they find their way into without necessarily learning the skills and techniques required to lead.

    Many new managers turn to a trusted mentor such as a more experienced manager whom they wish to emulate. The problem is, being a mentor is voluntary and is based on lived experience.

    Unlike mentors, executive coaches are tasked with improving the performance and capabilities of their clients as their day job.

    There is a misconception that executive coaches are for managers who have done something wrong; they have poor communication or are not collaborative. While it’s true that an executive coach could support a difficult employee to become a better teammate, today, an executive coach is a proactive perk that can guide managers along their desired career path.

    Here are six ways an executive coach can level up your organization.

    Related: Why Does Coaching Matter for Entrepreneurs?

    1. Give the people what they want

    Working for a great mentor is up to chance, but having an executive coach is a guaranteed return. Executive coaches ensure that your managers’ desires for growth and fulfillment are being met, keeping them satisfied and engaged at work. It’s an investment in time and effort that will manifest through their greater responsibilities, helping them grow and evolve from their own profound ability. Coaches hold employees accountable and help them reach their desired potential.

    2. Get leaders out of their own heads

    A person at any level can get lost in the weeds, but when a leader loses sight of the big picture, it quickly demotivates a team. When leaders work with coaches, it gives them an opportunity to talk through their challenges with an outsider. In having higher-level conversations, coaches guide leaders toward simplicity, lifting them out of the fog.

    Coaches don’t have the answers. They ask the right questions to evoke awareness and help managers see their challenges with new eyes. With clarity of purpose, leaders can empower their teams to achieve their goals. Employees will be united by a shared vision, reducing spin and increasing efficiency.

    3. Uncover the truth

    The more senior a leader becomes, the more at risk they are of losing touch with reality. Teams become less likely to challenge ideas and feedback becomes limited. An executive coach is an unbiased third party who won’t tiptoe around the truth. Of course, executive coaches are also highly trained in giving feedback and having difficult conversations, and it’s their job to do so.

    Keeping leaders honest is crucial for creating a positive workplace culture and getting the best performance out of people.

    Related: How to Set Goals With an Executive Coach to Unlock All of Your Potential

    4. Steady the waters

    With mass layoff announcements on appearing by the day, are turning over and stepping down before they get a chance to make a real impact. The C-suite are the most important recipients of as their attitudes, efforts, and vision affect the outcomes of the entire organization. Even the great , and turned to trillion-dollar coach Bill Campbell to shape their leadership style and drive effectiveness. Often acknowledged as the most isolating role in business, CEOs need a coach to get out of their own echo chamber and help them steer the ship.

    5. Reduce churn

    People will stay at a job when they are learning and feel valued. An executive coach accomplishes both by challenging them, acting as a means to self-improvement and supporting career growth.

    You might be thinking, why would I invest if they’re just going to leave? First, doing this makes them less likely to leave but if they exit, said, “The only thing worse than training your employees and having them leave is not training them and having them stay.”

    Related: Improve Employee Retention By Taking a People-First Approach

    6. Create a cycle of improvement

    Giving managers the opportunity to be coached sends a message that leadership is invested in making more leaders. It gives something back to the much-deserving managers who give their time and energy to the good of the business. Working with a coach can make the manager a coach themselves, which we know is the most valuable trait a leader can possess.

    With improved ability, clarity, willingness and motivation, trained managers create a cycle of improvement, raising up and training up the next generation of leaders rather than simply promoting them.

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    Liliana Pertenava

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  • New Research Shows How Mentors Support the Career Development of Canadian Youth Experiencing a Disability

    New Research Shows How Mentors Support the Career Development of Canadian Youth Experiencing a Disability

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    Press Release


    Aug 23, 2022

    Today, Mentor Canada and the Canadian Association for Supported Employment (CASE) jointly released key findings from the Mapping the Mentoring Gap research initiative. The findings show that Canadian youth experiencing disabilities who had access to a formal or informal mentor while growing up reported better mental health, employment, and educational outcomes compared to those who did not have a mentor.

    “Young adults experiencing a disability who had access to mentoring during their teen years reported that mentors exerted a significant influence on their self-confidence, self-esteem, and sense of hopefulness,” says Tracy Luca-Huger, Interim Executive Director at Mentor Canada. She adds that “mentors play an important role in supporting young people’s transition to adulthood. Nearly half of respondents experiencing a disability who were mentored reported that their most meaningful mentor shaped their career aspirations. Nearly one-third reported that their mentor helped them get their first job.”

    However, approximately 70% of survey respondents who experience disabilities said they could remember a time during their childhood or adolescence when they would have wanted a mentor but did not have access to one. “Respondents with a disability were nearly three times more likely to report unmet needs in terms of accessing mentoring opportunities than respondents who do not have a disability,” stated Véronique Church-Duplessis, Director of Research and Evaluation at Mentor Canada.

    Joanna Goode, Executive Director of CASE, added that “far too many young people experiencing disabilities face barriers to accessing mentors when they want them the most.” CASE coordinates a Government of Canada-funded national mentorship program for youth and other individuals who experience disabilities. Goode emphasizes that “the research findings line up with what participants are telling us in the career development experiences we facilitate”.

    By using resources and experiences such as those provided by Mentor Canada and CASE, employers, schools, communities, mentoring programs, and decision-makers can work together to improve access to mentoring opportunities for young people experiencing disabilities. 

    Read The Mentoring Effect: Youth Experiencing Disabilities to learn more about how mentoring supports young people’s well-being and career pathways and to find out how to get involved. 

    About Mentor Canada
    Mentor Canada broadens and deepens access to quality mentoring for youth in Canada through capacity building, tools and resources, research, network building, and knowledge exchange. Mentor Canada surveyed 2,838 young adults aged 18-30 about their mentoring experiences growing up. Learn more about Mentor Canada and our research at MentoringCanada.ca

    About the Canadian Association for Supported Employment  
    The Canadian Association for Supported Employment (CASE) is a national association of community-based service providers and stakeholders working towards employment inclusion of people experiencing disabilities. CASE coordinates — in collaboration with a network of supported employment service providers — MentorAbility Canada, a Government of Canada-funded national supported employment initiative that facilitates unique, short-term mentoring opportunities between employers and people experiencing a disability. Learn more about CASE and MentorAbility Canada at SupportedEmployment.ca.

    For additional information, please contact:
    Véronique Church-Duplessis, Director of Research and Evaluation  Mentor Canada, 1-800-263-9133 ext. 62, veronique.church-duplessis@mentoringcanada.ca

    Mary Beshai, Director of MentorAbility Canada  Canadian Association for Supported Employment, 1-800-684-5628 ext. 702, mary@supportedemployment.ca

    Source: Mentor Canada

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  • The Kids Kindness Project and Genesis Hopeful Haven Aim to Close Foster Youth Unemployment Gap With The Internship Project

    The Kids Kindness Project and Genesis Hopeful Haven Aim to Close Foster Youth Unemployment Gap With The Internship Project

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    While Unemployment Is At A Record Low, Foster Youth Is Still Left Homeless And Unemployed.

    Press Release



    updated: Mar 5, 2019

    Two organizations have come together to tackle the problem of unemployment amongst foster youth – an issue that often leads to homelessness. According to a multi-state study, 50 percent of former foster children are unemployed. Even those who do have jobs can run into trouble supporting themselves, as more than 71 percent report an annual income of less than $25,000. This population is highly vulnerable.

    The Kids Kindness Project and Genesis Hopeful Haven have aimed to close the gap by creating The Internship Project. “We are preparing our foster kids, so they don’t become just another statistic,” says Fritzie Saintoiry, CEO of Genesis.

    The longer someone has been in foster care, the smaller his or her chance of achieving adoption or permanent guardianship. Youth who “age-out” of the system have turned 18 and now face very low odds of achieving Independence and living productive lives. With no family support and a lack of essential skills, how will these youth be self-sufficient?

    Joshua J, 18, says his biggest fear of aging out of the system is being homeless. In 10th grade, now left to survive on his own, he states, “If you don’t have a place to go, you’re not getting a job. If you don’t have a job, then you’re not going to have anywhere to go.” However, Joshua’s outlook on life changed when he participated in The Internship Project last summer.

    The Internship Project prepares foster youth for the professional world by providing a chance to acquire valuable professional experience. After participating in the program, Joshua and many others discovered areas of interest for their careers, uncovered hidden talents and gained confidence to pursue job opportunities in the future.

    Too many child welfare systems don’t offer the basic programs that make the difference between a successful career and a life spent struggling to get by. For every success story, there are still countless former foster youth who don’t know if they’ll ever be able to support themselves.

    To reach more youth in need, The Internship Project staring a brand-new concept. The first “NEVER GIVE UP” conference; a motivational speaking seminar which will be held this Spring in Miami Dade welcoming 150 foster youth. “Our goal is to give foster youth the strength and motivation they need to succeed their transition into adulthood,” says Alexandra Hokfelt co-founder of the project.   

    Youth who attend the event will benefit from incredible motivational speakers and have the chance to sign up for The Internship Project to be paired up with employers in our communities.

    This project gives companies the opportunity to be part of a network of businesses that care and change lives by welcoming participants for a one-day internship. As Benjamin Franklin said, “Tell me and I forget, teach me and I may remember, involve me and I will learn.” 

    Contact: Alexandra Hokfelt – alexandra@thekidskindnessproject.org or Fritzie Saintoiry – fristzie@ghhaven.org

    Source: The Internship Project

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