Mentorship is dead. No longer is an older, wiser professional going to assist and guide you through the process of succeeding at your job. You will get some online training and a quick meeting- and you’re on your way. Have fun.
Interestingly, mentorship is needed more than ever. The world has never been as complex as it is today. Not only do you need to figure out your job, but your career. Your retirement is also entirely in your hands. One terrible mistake leaves you in the cold.
What is mentorship? My definition of mentorship is one person’s vested interest in someone else’s success. The success can be either be personal or professional. A mentor asks questions that exceed the minimum requirement to be a boss. Questions such as “When is the last time you called your parents?” or “How do you plan to retire in 15 years?”
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I was lucky enough to have mentors in the Marine Corps. They would (not so nicely) tell me what schools to go to or what deployments for which to volunteer. They knew my career had promise, but they showed me certain things I had to accomplish to meet this success.
As I look around now, in the Marine Corps and the civilian world, I do not see this same level of care and understanding. Some people are naturally gifted, pick up new skills quickly, and articulate/communicate very well. Most people can not do this on their own. That was usually where the mentor came into play.
Nowadays, you are lucky to catch five minutes with someone in a higher position than yourself. They expect you to know what you don’t know- or learn very quickly. If you don’t hit the ground running from the start, you will probably be negatively labeled. So what is a person to do in this zero/low tolerance society?
Parents. Parents already do a lot for their children- much more than back in my days. However, the world requires even more from parents. Parents will need to follow the careers of their children and also the field where they work. Parents will not know all the details of any particular profession, but they can follow similar jobs via blogs, social media, and YouTube.
Tracking the career choice of your children allows them to have an outlet for their frustrations. At some point, your child will have to jump to another company or job to earn more pay. Gone are the days of a person working 20-30 years at one company, getting promoted through the ranks, and then receiving a defined benefit pension plan for the rest of their lives. These days are long gone.
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Parents will have to understand the job market, real estate, salaries, and position titles. Yes, I know that it is a lot for parents to do this for their children, but they will not find mentors in their field. The more parents understand about creating multiple streams of income, the more likely the children will navigate their world successfully. Children who have diversified cash flow will have higher job satisfaction and lifestyle choice.
Children. Young People- college and vocational schools will not be enough to set you up for success in your chosen profession. You will still need to study and learn via additional sources like online courses, YouTube, and paid mentorship. Children will have to bring value to their workplaces, more so than just showing up for a paycheck.
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Young people will need to live below their means. Mortgage Zero is my call to action for young people. Reduce your mortgage expenses to zero. By reducing your mortgage expenses, you will keep your options available- these options free you from staying at a dead-end job. You will need to create multiple streams of income as soon as you can. Content creation is a must, whether it is about your profession, hobby, health, or relationships– it is necessary to venture into the world of social media.
Finally, young people must work together. The workplace is not going to want you to succeed, but that does not mean you quit. Give value to a fellow person. By working together, we can break the system, and all become successful. The world is full of abundance, and there is room for all of us to succeed. When we fight amongst ourselves, the system beats us easily.
Mentorship is dead does not mean we can’t succeed. Help has to come from unlikely sources. Parents will have to stay involved in children’s lives. Children will have to live smartly from the start, with no room for years of partying and doing drugs. These years will come back to haunt you in today’s zero-tolerance environment.
Paid mentorship is a huge deal in today’s media and society. I hazard to say that you don’t need to hire someone early in your ladder of success. Hiring someone to take you from step 1 to step 3 is probably not worth the high price. Hiring someone to take you and your business from step 9 to step 10 will pay dividends. Everyone reaches a place where seeking a true professional will genuinely pay off. You probably are not at that point yet.
My recommendation. I recommend that parents and children lean on each other throughout their entire lives. Parents can be strong mentors for their children- and who better to do this vital job? Why leave it some crap professional when you can learn and grow with your children. Children with engaged parents will do better in life. Why not be a lifelong cheerleader!
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Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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