The Top 10 Qualities to Look For in Your Business Mentor

April 24, 2015 Moneris

business mentor

Mentoring has changed over the past few years. Historically, the relationship was based on what the mentor could give to the protégé, but it is understood now, that the relationship is most effective when it is reciprocal. If you are a business owner, manager or employee looking for a business mentor, there are certain attributes you should consider when making your choice:

1. A Desire to Help

Individuals who are interested in and willing to help others. They have a willingness to share their skills, knowledge and expertise. They are also respected by colleagues and employees in all levels of the organization.

2. A Wealth of Experience

Individuals who have had positive formal or informal experiences with a mentor tend to be good mentors themselves.

3. Good Reputation for Developing Others

Experienced people who have a good reputation for helping others develop their skills and will take a personal interest in the mentoring relationship.

4. Time & Energy

People who have the time and mental energy to devote to the relationship.

5. Up-To-Date Knowledge

Individuals who have maintained current, up-to-date technological knowledge and/or skills. They set and meet ongoing personal and professional goals.

6. Learning Attitude

Individuals who demonstrate a positive attitude and are still willing and able to learn. They should also be someone who sees the potential benefits of a mentoring relationship.

7. Demonstrative Effective Managing/Mentoring Skills

Individuals who have demonstrated effective coaching, counseling, facilitating and networking skills. This includes the ability to provide guidance and constructive feedback.

8. Willing to Listen

Individuals who serve as listening and sound boards for the protégé’s ideas, dreams, needs, & concerns. Being an entrepreneur can be very lonely and often the mentor serves as a listening ear.

9. Able to Protect Confidence

Individuals need to be able to establish & maintain the mutual respect & trust needed for the risk-taking necessary for learning & professional growth.

10. Enjoys Celebrating

Individuals who willingly recognize accomplishments, affirming growth, & building professional self confidence.

Not everyone can be an effective mentor. There must be a willingness, enthusiasm, and commitment by both parties for the relationship to be effective. However, when you have the benefit of a passionate mentor, you will find the results showing up in your bottom line.  

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This article is for informational purposes only and it is not intended to provide you with any personalized financial, marketing, accounting or tax advice. Neither Moneris Solutions Corporation (Moneris) nor any of its affiliates shall be liable for any direct, indirect, incidental, consequential or punitive damages arising out of use of any of the information contained in this article. Neither Moneris nor any of its affiliates warrant or make any representation regarding the use or the results of the use of the information, content and materials contained in this article in terms of their correctness, accuracy, reliability or otherwise.

About the Author

Moneris

Moneris processes more than 3 billion credit and debit card transactions a year, for over 350,000 merchant locations across North America. We have over 1,300 dedicated employees who understand transaction processing and know how to make it work for you.

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