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Ask an Expert
How can I learn more about a new area of business that I would like to get into without jumping into it and maybe wasting a lot of money (or time)? Classes don’t offer what I need, nor does reading really. Thanks. Emily Back when I was an undergraduate at UCLA, I was involved in student government and it was there that I met a school administrator named Rick Tuttle. He seemed to be everything I wanted to become: Smart, funny, wise, connected, interesting . . . I could go on and on. That year, my sweet dad passed away unexpectedly and Rick took me under his wing. He saw something in me I hadn't quite seen yet and helped guide me as I tried to sort things out, both large and small. Rick eventually pointed me in the direction of a graduate fellowship program called the Coro Foundation. I applied, got in, and that experience changed my life. Rick Tuttle changed my life. Over the years I have had many mentors, all of whom were great in their own way (though none as influential on me as my friend Rick) and I have come to appreciate that a mentor can take many forms. For our purposes today, I am here to tell you that finding a franchise or business mentor is one of the smartest things any of us can do as we negotiate this fun, exciting, sometimes confusing, but always invigorating path called entrepreneurship and franchising. One great thing about mentorship is that it offers rewards for mentor and mentee alike. For you, a mentor can not only help you learn what it is you want to know, but can also introduce you to the people you ought to know. For the mentor, the relationship offers the chance to give back while honing leadership skills. It's the classic win-win. The real question is, how do find someone to be your mentor? Here are a few tips: Be assertive: Maybe you will be lucky enough to have someone special take an interest in you and offer you their friendship, but just as often, finding a mentor is the result of a concerted effort on your part. Put the word out that you are looking for a mentor and let your network know what it is you are looking for. It is sometimes surprising how willing people are to help -- if only they are asked. Here are a few people and places with whom you can get out the word:
Be open-minded: The friendship in mentorship is a reward unto itself, and as such, you probably need not worry about the mentor's title. More importantly, look for someone whom you admire, who has skill and traits from which you can learn. My torts professor was the toughest old geezer around, but boy did he turn out to be an unexpected, great mentor. Be willing to pay: Imagine you wanted to open up a sporting goods franchise but did not know much about that business. All you knew is that your favorite sporting goods store was always busy. In that case, before buying into the franchise, why not hire a mentor? Approach the owner and offer him or her a fee for a two-day consultation and six months of telephone calls regarding what to do and how to do it right. Tap organizational skills: There are many organizations willing to help you find that right mentor, including
About Steve Strauss Need a speaker for your next event? Contact Steve! He is one of the world's leading business experts, a popular speaker on the business lecture circuit, and is sure to leave any audience thrilled. A columnist for USA TODAY, lawyer, and author, his latest book is The Small Business Bible: Everything You Need to Know to Succeed in Your Small Business. Submit your question for Steve Strauss to answer. Please include your name, address, phone number and e-mail address. Selected questions will be answered every other Monday. Ask Steve a question |
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