Discover today how you can get the most out of your mentorship by ensuring your mentor is giving you the best advice that is relevant in today’s business world. Jay discusses the importance of having a mentor who is currently working in their niche, why you want to ensure the advice they are giving you is relevant to today’s market and how to talk through these concerns with your mentor.
- When you speak to a mentor or a coach then you want to know if they are practicing in their field currently. You want to work with mentors who are doing things in your industry now. The mentor can use the lessons of the past but then adapt that experience to current business challenges.
- Your mentor may have been really successful in the past but you need to make sure the advice they are giving you, especially in sales and marketing is relevant to today. Sales and marketing is something important for your business to survive and to go forward.
- If you feel like your mentor is not giving you current advice, go back to your mentor and inform him that some of the information they are giving you isn’t new. You would ideally want to work with a mentor who is doing it now, still involved in the day to day hustle and who knows what is happening in technology.
- If you are building your business you want to work with someone who is going to give you the insights and the details of what they are doing now. Work with people who are utilising podcasts, advertising and new industries. They will be able to give you the data you need now. You don’t want information from 20 years ago.
- Weigh up the mentor’s strengths and weaknesses. Don’t be afraid to ask them what they believe they are good at currently. If their strength is on mindset, clarity and giving you raw lessons then that is great. However, if you are looking for a mentor who is going to give you solid advice in sales, marketing and new technology then it is difficult for them to give you the advice that you are looking for since they are not practicing day in and day out.
“I can then link my old advice, and bring it in now to the 21st century. I can use both of these experiences and then pass it on to my mentee’s who I work with.”
“They may have a great story, but how is it relevant to you now?”
“The older mentors have some great insight that will give you inspiration, the motivation and the belief that you can do it.”
Watch the Podcast Interviews by Subscribing to Jay’s Youtube Channel http://bit.ly/JayDhillonYouTube
Subscribe to The Business Mentor Podcast, the #1 iTunes Business Podcast in the UK! https://podcasts.apple.com/gb/podcast/business-mentor-podcast/id1370793386
ABOUT THE HOST
Jay Dhillon is a serial entrepreneur, investor, and philanthropist based in the UK with a proven track record of growing businesses from start-up to success- and helping others do the same. From humble beginnings, Jay grew his first business from 0 to 500 employees and three locations, racking up sales of over £30 million – all with no investment other than a slight amount of savings. The business went on to acquire major clients such as Landrover, Jaguar, Toyota, and New Look, to name a few.
Its immense success inevitably brought about outside interest, and at the age of 33, Jay eventually sold the company to a London investment firm in Doyen Resources. Today, Jay owns several businesses in different sectors and helps entrepreneurs achieve success.
A calling to give back and help others led to Jay being chosen for the highly coveted role as a Prince’s Trust mentor, where his achievements were marked by a personal invitation to Buckingham Palace to meet Prince Charles.
After helping several young entrepreneurs to succeed as a mentor for the Trust, Jay’s burning desire to bring his wisdom and knowledge to a wider audience ultimately triggered the concept of The Business Mentor Podcast.
Jay feels that anyone can achieve success in business with the right advice and mentoring and is now sharing his knowledge with his growing audience via his podcast.
In the UK alone 95% of businesses fail within the first five years and Jay aims to reduce that number.
Backed with the hard-earned knowledge and experience from his time in business, The Business Mentor Podcast will share Jay’s personal business lessons as well those of other successful entrepreneur guests who share their wisdom and secrets on the show.