The wealthy have many things in common. One of these things just happens to be a mentor. Regardless of profession or industry, the wealthy maintain their wealth under the guidance of a mentor. Not all mentors are created equally. Not all mentors can meet your need of keeping wealth. It is key to have the right mentor in place to guide you and give you advice to make sure you maintain the wealth you acquire.
There are several reasons why you should not take advice from a mentor that cannot guide you on certain investments or building wealth. One of these reasons is because you do not want to be mislead.Secondly, you want an experienced mentor. You want someone who has built wealth or made investments so they are able to give you the best advice possible. Another reason you should not take advice from someone who is not a proven expert on what they're mentoring you on is because they most likely will not give you the needed advice to have positive financial results. If they are not a proven pro in the field, they will most likely not help to keep the wealth you have built.
When selecting a mentor for wealth building or investing, you would not select someone who does not build wealth or investment. A financial mentor should not be someone who does not work in the investment world. For example, would you take investment advice from a mechanic. Probably not. But there are plenty of people you could take investment advice from.It makes more sense to seek out financial advice from an investment advisor, financial planner, accountant or investor.
You truly want to make sure you have a mentor that is credible. Many times so called mentors will appear to be a mentor. They will use the jargon and all the words needed to hook people into signing up for their mentorship. Mentorship can be a major financial investment. Most mentors charge a hefty price. So, make sure you select a credible mentor that is not simply posing or pretending to be legit.
Read books to learn more about picking good mentors. Read articles online. Seek out recommendations from others who have hired mentors. You will want to make sure you have selected someone that has a proven track record of offering quality mentoring.
Now you should have a better idea of why the right mentor is important for keeping wealth. Building wealth is one thing. But keeping wealth is another thing. Too many times do people allow their wealth to dwindle down. Having the right mentor will help you to position yourself to maintain wealth for a long period of time.
Picking the right mentor will save you from losing money on the wrong person. Don't fall for any get rich schemes. A quality mentor will not try to win you over with any get rick quick schemes. Falling for a get rich quick scheme will cause you to have to start over with a different mentor. The right mentor will only guide you on working hard to continue building your wealth.
