| "We'd all have 20/20 vision if we could use the benefit of hindsight"
-Sergeant Max Roswell, Rhodesian Army, Corps of Engineers-
I woke up on this morning with a revelation about my business. It
was so simple, I couldn't believe it had taken me 2 years to figure it out. The
interesting thing was that despite huge amounts of time thinking about this challenge, the
actual answer came to me in a split second. I was reflecting on a discussion with
a successful business person while at gym the day before. He didn't give me the
answer but he pointed me in the right direction.
I made the mistake of not discussing my challenge with anyone else.
I felt the problem was something I should have known the answer to, so I didn't really
feel comfortable talking about it to others. Wow, did I learn the value of having a
mentor. I have probably lost 18 months of productivity simply because I wouldn't ask
for help.
How often have you said to yourself, "I wish I knew then what I know
now?" I have a number of people that I use as mentors, but I have said it a few more times than I would have liked to.
It takes a long time to become successful. Along the way there are many
pitfalls. Each time we encounter one we learn something, regardless of the outcome. This
means that if you make a point of getting advice from someone experienced in your area
of interest, you can probably avoid most of the common mistakes and often you can find
short cuts to success by following the advice you get from the voices of experience.
No matter who you are and where you are in your career, finding yourself
good mentors can be invaluable. I like to have different mentors for different aspects of
my life, both business and personal.
There's lots of research on the value of mentoring relationships. It
almost always shows that the person being mentored finds a lot of value in it.
I believe that a lot of my success today is due to some important mentors
in my past.
In my first real job I was a medical technologist working in the local
medical school. Here I learned the value of delegating tasks and letting people run
with them and not interfering. Although I was only 18, my boss kept testing me by
giving me ever bigger challenges, letting me learn by my mistakes and helping me
learn from them. From my very first managerial position, I have always tried to
manage people this way. Managing people like this helps the eagles fly, but the mediocre players flounder.
In another position, I learned that simple tasks are not simple
unless you understand the secrets. I was struggling as a novice slaesman. My boss was an expert salesman and sold almost effortlessly by
asking a series of questions. To the uninitiated, this simply looked like having a nice
chat and being inquisitive.
It was only once he started explaining the strategy
to me that I discovered he had an overall game plan. He used a sophisticated technique comprised of four different types of
questions that yielded very different results depending on how and when they were
used in the conversation. He also showed me how to use questions to build trust, to
understand needs, to handle objections and even to close the sale.
To this day I still sell this way. I have literally made hundreds of
thousands of dollars with this one technique. I got it free, but in retrospect I would
have paid many thousands of dollars to learn it. In fact had I not learned to sell
this way, I think I might have had a very different career.
I have never again assumed that what looks simple is really simple.
Most people underestimate the complexity of even simple subjects,
assuming that by casually observing, they can see all there is to know.
Take direct mail. I often hear people say, "Direct mail doesn't work in my business".
With a little probing, it usually becomes apparent that even the most basic rules of
direct mail were ignored.
The person thought ; "I can write a letter, what can be so
difficult about a direct mail piece?" People with this attitude fail to recognize
that experts spend a lifetime studying this one subject; learning how to get letters
opened, learning how to get letters read and how to get people to take action on
their letters. (See article below, "6 Simple Rules for Creating Direct Mail
That Gets Your Phone to Ring".)
Many of us become satisfied with a certain level of performance,
assuming that it is enough. We become satisfied and complacent with our level of
performance and stop looking for answers. This often cheats us, we miss the
opportunities for growth, not realising that some simple changes can turn a project
from a failure or marginal success to a runaway success with no extra cost and
often no extra effort.
You may not know what you need to learn to make the next leap in
performance and skill. But the great thing is, there is no subject you need to learn
that you can't find out about from someone else who has been there and done it
successfully before. One of your goals should be to find people who can help you move
forward. It will accelerate your results and make a big difference in your performance.
How do you find mentors?
First off, you should write down the goals you want to achieve. Then
decide where you need help. Once you have that list, look around in your industry for
people who are successful. Ideally try to find people who have retired recently. They are
often at loose ends; bored with doing nothing and willing to help. Also, if their retirement
is recent, they are still current, which is critical. Another source is subject matter
experts in the field you need to learn about.
The easiest way to reach these people is to write them a short letter,
expressing admiration for their careers and achievements. This must be sincere as any
insincerity will be immediately recognisable.
Ask for the opportunity to meet with them over lunch and outline the area or
issue on which you are looking for advice. This first meeting should be exploratory. You
need to know if you get along, and understand what this person can teach you. You also need
to find out your potential mentor's level of interest in this kind of role. You also need to
understand what he or she wants in return and what each of you expects from the relationship.
I would not discuss compensation until you are sure you want to work together.
Some questions you should have in the back of your mind include:
- Is this someone you can trust?
- Is this someone you can confide it?
- Is this someone who can give you relevant advice, feedback and support?
- Is this someone with sufficient technical knowledge to be able to help you
learn what you need to learn?
Be prepared to pay top dollar for this kind of help, after all these people can
help you accelerate your progress dramatically and you can learn from every mistake they have made.
Imagine what it would have been worth to me to have solved my problem in a matter of days or weeks
instead of years! But don't pay more than you are comfortable with. Follow your instincts.
Before each meeting decide what you want from the discussion and outline this
before you begin. This also will give you a measure of success. When working with your mentor, it
is important to keep track of your progress so that both of you can see the benefits of working
together. It will also be important to let your mentor know what you are learning as you progress
through the relationship.
I believe in multiple mentors. I like to choose people with different skill-sets
and perspectives. This not only gives you depth in the chosen area, but also the opportunity to
compare different perspectives where appropriate.
Sometimes the people you would like to have as mentors are already in the business
of giving advice. If this is the case respect that that is how they earn their living. Don't expect
them to do something for you outside of what they normally do. If you need their skills and can
afford to pay them, often this is a great way to accelerate your success.
|