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10/09“In life you can learn one of two ways: you can either learn from mistakes or you can learn from mentors”
The best sports stars have coaches to help take their game to the next level – these include the best of the best such as Tiger Woods, Michael Jordan and Roger Federer. Yet, many of us in business don’t see the need for a coach – instead preferring to try and work things out ourselves. I guess that’s part of our nature – as entrepreneurs, most of us are very independent and some of us don’t want to ask for help. Yet, that is probably one of the biggest reasons why entrepreneurs and small business owners don’t achieve the level of success they want.
Albert Einstein said, “A problem cannot be solved by the same level of thinking that created it”. In other words, if you have a problem that you are struggling to solve, you need to get some new knowledge, some new strategies in order to solve it. Often this knowledge and the correct strategies can be attained by trial and error but that just costs too much money, takes too much time and causes too much hassle. A much easier way would be to learn and leverage off people who have travelled the path that we have and are a little ahead of us in our journey.
Sir Isaac Newton said, “I see so far because I stand on the shoulders of those who have gone before me”. Are you standing on the shoulders of those who have gone before you? Are you getting an unbiased external perspective that might help you take your business and your life to the next level?
The successful business people have worked this out – they knww they needed help and so they went and got advice, mentoring and coaching as needed. For example, one way that small businesses grow is to get experienced people on their board of directors so they can leverage of their experience.
In fact, Google CEO Eric Schmidt says that one of the best pieces of advice he ever received was to get a coach. (See his interview on Youtube below)
Many of us have not achieved anywhere near the level of financial and business success that Schmidt has – yet he says he has a coach! So what excuse do we have? One of the reasons many entrepreneurs don’t get a coach is that we don’t think we have the time. Well, if Eric Schmidt can find the time, then I think we call can. Some business owners don’t get a coach because we think mentors are expensive. Let me ask you, what do you think is more expensive – mentors or mistakes?
Of course, the next question is how do you find the right mentor or coach? Whenever I want to look for a mentor or coach, I have two questions that come to the fore.
- Has this person achieved what it is I want right now?
- Can this person teach me what I need to learn?
If the person who I’m considering as a coach or mentor fits the above two criteria, then I’m happy to consider them. Remember, to be the best, we need to do what the best do, and all the best people in any field – sports or business have a coach or mentor. So the question is: Do you have a mentor?
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