Entrepreneurs Know The Quickest and Easiest Way to Avoid Failure and to Get Where You Want to be at Breakneck Speed Is to Choose and Listen to The Best Mentors.
Entrepreneurs know the quickest and easiest way to avoid failure and to get where you want to be at breakneck speed is to choose and listen to the best mentors. It makes perfect common sense because they’ve often taken 20 years to learn what they’ll take 20 minutes to teach you.
I suppose one of the most famous, and there are many, is share trading billionaire Warren Buffet, who as a 19 year old living in Nebraska, read a book by Benjamin Graham called “The Intelligent Investor”. Buffet left Nebraska and enrolled in Benjamin Graham’s course at Columbia University in New York. He subsequently asked Benjamin Graham on 3 separate occasions over 2 years if…
he would be his mentor.
And finally, Benjamin agreed. And 2 years later in 1955 Warren Buffet returned to Nebraska and bought the house he lives in today. The truth is, he wouldn’t be the $30 Billion Man he is today without two years of mentoring. Finally what Warren learnt was a system that makes money and as Edward Demming said…
95% of failure is the failure to follow a proven system.
Actually, everyone ‘models’ all the time. The trouble is, when it comes to modelling we often model whoever is handy or close to us, rather than looking for the best. Or we go and model (or take advice) from certain people simply because that’s what everyone else ( our parents, friends etc.) are doing.
And this is often a BIG mistake
Best regards
Mal
