Top performers in business and life have coaches and mentors in their lives that give them wise counsel, help them realize their potential, and identify potential hidden opportunities (or concerns).
I’ve been blessed to have had a number of people much wiser than myself, frequently several seasons of life ahead of me, pour into me over the years. In every one of my growth phases, I can identify at least one coach and one mentor in my life. In almost every one of my companies, I’ve chosen one or more advisors to coach us through our growth phases.
If you’re not familiar with the difference between a mentor and a coach, watch John Saddington’s video and read his article on The Difference Between a Mentor and Coach.
I actively consult/advise/coach others to help them accelerate their growth. Sometimes this involves being a member (or helping to form) a company’s advisory board. Other times, it’s one-on-one with the CEO, founder, or another executive in the company. Either way, I bring a unique combination of my experience growing companies, behavioral science, and sometimes tough-love.
These are paid / contractual relationships with some combination of equity and or monthly retainer.