Why People With Mentors Make More Money

Mentors are not just a “nice to have”; they are essential if you want to accelerate your career or the growth of your business. Mentors make the difference between people who simply advance up the corporate ladder one rung at a time and those who skip rungs.

Studies show that:

- Professionals who have used a mentor earn more annually than those who don’t. Among executives interviewed in one study, 75 percent say mentoring has played a key role in their careers.
- Those with mentors have higher job satisfaction, productivity, and retention.
So lets take a look at how you can develop great mentoring relationships.

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Office workers not getting proper coaching

Many office workers are not getting the proper coaching to help them in their careers because their bosses are tied up with the day-to-day running of the business.

A survey of 501 office professionals by specialist recruitment firm Robert Half has found 93 per cent believe a good career coach is crucial to job satisfaction.

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Do Women Really Make Better Mentors Than Men?

Now comes a June 12 study from Catalyst, a nonprofit group that focuses on expanding opportunities for women in business. The goal of this study, says Catalyst Chief Executive Officer Ilene Lang, is to “prove the value of paying it forward” and thereby debunk the queen bee stereotype that female bosses generally set out to undermine female underlings. “There is this myth out there that women don’t help other women and are a factor in holding them back,” Lang says.

The research found that most women aren’t in fact looking at their female subordinates as competition to be cut down. Rather, they view less experienced female coworkers as potential talent and are actually more likely than men to develop that talent through informal or formal mentorship.

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Starting a business? Growing a business? Selling your business?

Business owners often “live their business” and put everything they have into making it successful. They are only limited by their own knowledge, experience, and perspective. But what if business owners could quickly expand beyond these limits to achieve their goals?

By engaging a business mentor you will quickly expand your knowledge and experience to successfully take the next step.
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Certification for Coaches and Mentors – How Important Is It?

Lately, we’ve been hearing a lot of emphasis on certification as a criterion – often the sole criterion – for choosing coaches and mentors. If you google “mentor certification” you will find 19 million results. “Coach certification” yields 16 million, and “executive coach certification” narrows it down to 770,000. You can find certification programs that cost less than $400 and require 4 days or less to complete. If you’re looking for a coach or mentor, you want to know you are choosing a competent and qualified person. And we want to equip you with the tools for making the right choice for yourself. But first let’s talk about the pitfalls of a narrow focus on certification.

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Don’t struggle on your own in tough business times, a mentor could give you the support and inspiration you need.

mentoring has a huge part to play in guiding businesses through these tough economic times. There really is no need for small business owners to struggle on alone. mentor assistance can prove to be very successful. Mentors are experienced in dealing with the challenges you are facing and can provide you with valuable insights and direction.

Whilst running your business is exciting and challenging; it can also be isolating. A mentor can help remove this all too common sense of isolation and provide a useful external perspective, helping a business owner to take a step back from the company and look at “the big picture”.

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Would you rather stay in your current career situation than work through the conflicts that prevent you from moving forward?

Are you afraid to take the next step in your career progression because it means dealing with someone or something you don’t want to? Unfortunately this career dilemma is all too common, your fear of what might happen keeps you from making a different choice and moving forward with your career development.

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Forget golf, do good in your retirement…

I was heartened this week to read an article in The Times about Britain’s leading expert in bereavement, Colin Murray Parkes. In the article Dr. Parkes urged people approaching retirement to avoid golf and to do something productive for society instead.

He said that those turning 60 had many more years to live and too much to offer to simply while away the rest of their days. He was speaking after receiving the annual Times/Sternberg Active Life Award.

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