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How to find local millionaires willing to mentor you for free?

A detailed account of a Fastlane process...

DennisD

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Oh boy.
Lets do a fun exercise...
I won't answer your question.

Instead,
I'm going to answer ANOTHER question.. a question you DIDNT ASK.
I'm going to pretend you asked "How do I find the love of my life?"

THE ANSWER:
Listen buddy, we've all been there.
Finding love can be hard.
and when you're alone it seems like everybody else has someone.

But you can't focus too much on finding love.
When you're looking for a partner, ladies can sense your desperation
It's unattractive, it'll get you nowhere.

Instead... let go.
Stop thinking "how can I find the love of my life" and start thinking
"How can I be as helpful and friendly as possible to everybody around me?"

Focus on being fun, friendly, useful, and likable.
The rest will fall into place.
 
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brob742

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This is a question that I have always had and never could find the answer to.

Oyyy...Are you even trying?

Please leave this thread and use the forum search feature immediately. Then come back to this thread and tell us what your plan is.

BTW - You need a complete mindset shift if you think someone is going to mentor you for free. Provide value to others (this is your payment to them - not always money) and expect nothing in return.
Go read IceCreamKids zen******* thread. All of it.

And maybe don't read replies in this thread until you did the above. It might get brutal.
 
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Carny

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A millionaire isn't necessarily what you are looking for. There are plenty of 70-year-old millionaires that spent their life in the slow lane.

Look for someone that is doing what you want to do and doing it well.

Then figure out how you can help them.
 

JasonR

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I run a meetup locally.
it works great.
Z

But Z, WHERE are your ASSETS!?

To the OP: When I read your headline I cringed a little bit. You're only looking out for yourself. You want a millionaire mentor to help you for FREE.

Well, what value are you providing him?

Perhaps, you may change your approach to finding a potential mentor, and asking that person what you can do for him/her for FREE.

See where that takes you.
 
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Captain Jack

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This entire forum is one massive mentorship program.

Hell, I have mentors that don't even know I exist.
 

Lakeview

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  1. Patience.
  2. Go to places and events where the kind of people you are looking for go.
  3. Work the crowd networking with everyone. Enjoy conversations with people, listen and don't come across as eager to get what you want. You may be able to provide value to others as well.
  4. Listen (oh, did I say that already) - Understand challenges people are dealing with and try to help where appropriate. EX: What did you do in that situation? What do you think would be another way to handle that?
  5. Make the mission to learn from everyone and you will be surprised the people to begin to rub elbows with.
  6. When you find "your person," just have a conversation with them without appearing anxious to get something for nothing. You can receive mentoring in one conversation or more on future gatherings. Leave it up to the person if they want to participate more.
I've got a feeling you will find what you are searching for.
 
D

DeletedUser2

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so I have moved several times. in the past 20 yrs.

new town, new people

everywhere I go, I meet millionaires.

how is that even possible?
perhaps its my mindset, or my expectations, or I just know who to talk to.
very likely I just hang out with the right crowd.....

or I have learned to ask better questions.
 

DarioMontesdeOca

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If you live in a relatively large city you should really try http://www.Meetup.com and go to as many business meetups as you can. Some of the meetups I've gone to are run by really sharp, educated and wealthy people who will gladly exchange ideas with you, afterall that's why some of them started the meetups in the first place. As you begin networking and making new friends and contacts one person will lead to the next and eventually you will find the right mix of people to learn from in your city.
 

rkmalo1

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This question is asked all of the time. Everyone that has this question needs to listen to this interview from minute 4:45 - 13:00. The whole interview is good to listen to while you work...

 

lovecharm

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No, this is not a step by step process on how to do it. This is a question that I have always had and never could find the answer to.

I’ve spent God knows how much on “coaching” but I came to the realization that coaches may be great at showing you how to become a coach but they can’t take you where they have not been able to go themselves. Given that I have the goal to become wealthy and in the spirit of this forum I think millionaires will make for some great coaches (pending other factors such as personality types and ability to teach etc.)

Which brings up back to the original question. If you were to search for and approach local millionaires, how will that look like? I’m emphasizing the “local” part due to the importance of the face to face interaction, this might not be necessary though surely helpful.

I'm also interested in knowing what do millionaires get from mentoring other people, I get that it's helping others, but what is specifically about that that moves them? Is the monetary compensation still needed? I'm asking because I'd like to know what can I give in return and make it win-win.

General ideas and suggestions are ok but I really would like to hear from people who have been successful at achieving this (or at least tried) so that we can all benefit from your experiences.

Don't think about what they can do for you, think about what you can do for them.

I get plenty of requests time to time, if I were to help every one then I would have to give up my work. Honestly speaking, most of them time its just simple one or two lines, oh I started business so can you help me OR how do I start a business and bla bla. Needless to say Delete button comes handy at that time.

World is all about give and take, you are only thinking about what you are going to take from him/her, you need to think about what you can give them.

If I need something from some one then I think about how I can help them, I study them and see how I can give value so that his/her life gets better because of that, then I approach them and offer them my help. 8-10 time it works and I am in, when I am in then they help me.

If I were to approach them asking for help then chances are they won't even reply. You have to understand, people who are successful are busy and have a lot going on, also we get tons of email about helps regularly, Linkedin, Instagram etc, people keeps sending email for help all the time.

So, think about how you help them, whatever skills you have (website design, manual labour, accounting, marketing, sales etc), offer it to them first because you love what they do and would like to work with them etc. You have differentiated yourself from all the 100's of requests that they get, now you are in.

Good luck.
 
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Chadi

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No, this is not a step by step process on how to do it. This is a question that I have always had and never could find the answer to.

I’ve spent God knows how much on “coaching” but I came to the realization that coaches may be great at showing you how to become a coach but they can’t take you where they have not been able to go themselves. Given that I have the goal to become wealthy and in the spirit of this forum I think millionaires will make for some great coaches (pending other factors such as personality types and ability to teach etc.)

Which brings up back to the original question. If you were to search for and approach local millionaires, how will that look like? I’m emphasizing the “local” part due to the importance of the face to face interaction, this might not be necessary though surely helpful.

I'm also interested in knowing what do millionaires get from mentoring other people, I get that it's helping others, but what is specifically about that that moves them? Is the monetary compensation still needed? I'm asking because I'd like to know what can I give in return and make it win-win.

General ideas and suggestions are ok but I really would like to hear from people who have been successful at achieving this (or at least tried) so that we can all benefit from your experiences.
 
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Mrs. BRKb

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Not every millionaire would automatically be a good mentor. In a good mentor there will be attributes like talents for teaching, explaining, guiding.

Also:
- Get connected – meeting more people will provide you with more opportunities to find a mentor, so go out and connect with more people. That way you have more potential mentors.
- Give first – depending on your prospective mentor, offer to work for them for free for a certain number of hours per week in exchange for mentoring.
- Deepen the relationship - you may need to give more in order to deepen the relationship into one where it is appropriate to ask for a mentorship.

- http://www.quicksprout.com/2013/11/...onaires-and-how-you-can-get-to-know-them-too/
 

Supa

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You're speaking for yourself. I'm sure one person isnt so stuck up like most millionaire's are.
And you're obviously the self centered type. And i doubt you have a real social life either way. You mean to tell me, everyone who is sucessful, WILL NOT give any advice to us poor folks? Lol.. Some logic you have there Supa... Hey, If you're not gonna give good advice please keep your 2cents to yourself.
You have enough time to bash me for asking a question. People like you dont deserve to be rich (If you even are)

BTW, a few people have already PM'ed me offering to give me some advice. SO you're "logic" is flawed, mr grumpy.

Lol.

You can judge my character and social life by reading one post. Great work.

I didn't say successful people won't give you advice. This whole forum is full of advice. But you are asking for mentors, and how to get $10,000 until the end of this month (your landfill-ed thread).

That's why I told you to read the book. You're chasing money. This forum is about creating value (and attracting money in the process of doing so). That's why you will have a hard time finding a mentor with keeping this money chasing mentality, on here.

Just my illogical 2 cents.
-Mr. Grumpy
 

Andy Black

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Let me change the question to:

"How do I get local business mentors?"​

...

Sell a B2B service to them.

My clients are business owners. My service helps them generate more leads, sales, revenue, and profit. Many business owners find that valuable.

I often meet local business owners for coffee or lunch. They pay - I ramble. (I've even had a CEO, CTO, CMO, and CFO trek across town with notebooks and pens just to meet me and buy me lunch.)

If I move the needle then I become their new best friend. They refer me to their friends. They want to JV on ideas they have.

As already mentioned - provide value.



The question now becomes:

"How do I become valuable to local business owners?"​
 

Chadi

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Instead of focusing on your own needs, why not focus on somebody else's needs? Just because you're not worth millions, doesn't mean that you might not figure something you could make, do or provide that could be helpful to a rich person, and out of interest in that, they might be willing to talk to you. Demonstrate what value you can provide; mentors will find you.
How to find local millionaires willing to mentor you for free?

Read that, how foolish does it sound? You don't have enough money to get a millionaires attention. Change your mind set.

Guys, I agree that this was not the most eloquent way to ask this question, this was probably the first thread I started. I meant it to be read as a how-to question so that people would be more interested in the thread but given the responses it seems that this "tactic" has backfired :D

In any case, I'm glad that I started this thread because I did get some very helpful suggestions that I started acting upon and will hopefully be able to share some good results with you soon.
 
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throttleforward

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I'm currently running revenue-generating businesses (one profitable, one nearing profitablity after 4 months in operation) based directly on the advice and mentorship I've gotten from members of this forum. You have everything you need to get started right here.

BTW the key is not the information a mentor may provide, it's 1) having the intelligence to determine if their advice and experience is right for you (e.g. look at how many Shark Tank success stories are borne from "4 out of 5 sharks thought XXXX was an idiot, but 1 of the sharks invested and now they do 7-figure sales per year") and 2) you have to do the daily, boring, tedious execution of the mentor's advice. Without this execution the strategy is meaningless.
 
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Jon L

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Please tell me the EXACT steps. Don't leave anything out.
Step 1: Start a business and then get sued out of existence 3 months later. Start another, then another side business
Step 2: Work a depressing job for 7 years, then another for 9 months
Step 3: Start something on the side, and get paid $5/hr for your efforts
Step 4: Get more successful and hire people to help you
Step 5: Run into major problems with a big client and only focus on bringing in big new customers, thereby almost failing again
Step 6: pull a rabbit out of a hat and get the big client back on track, land another big deal, and a couple small deals
Step 7: well, that's where I'm at right now, so ... to be continued
 
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Lex DeVille

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Step 1: Start a business and then get sued out of existence 3 months later. Start another, then another side business
Step 2: Work a depressing job for 7 years, then another for 9 months
Step 3: Start something on the side, and get paid $5/hr for your efforts
Step 4: Get more successful and hire people to help you
Step 5: Run into major problems with a big client and only focus on bringing in big new customers, thereby almost failing again
Step 6: pull a rabbit out of a hat and get the big client back on track, land another big deal, and a couple small deals
Step 7: well, that's where I'm at right now, so ... to be continued

F*ck that. Skip all steps. Go straight to millions. The end.

:D
 

Chadi

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Oyyy...Are you even trying?

Please leave this thread and use the forum search feature immediately. Then come back to this thread and tell us what your plan is.

And maybe don't read replies in this thread until you did the above. It might get brutal.

Hi brob742,

Did you even read the rest of my question or did you just jump on the first sentence?

First of all when I say I searched for the answer I did not limit myself to this forum (if I limited my body of knowledge to one forum I would probably feel sad for myself). I'm talking in general such as peer groups and online.

Second, when I search for "find local millionaires" I get 3 topics (including mine!). So maybe if you wanted to be a little more helpful (which I don't think you are given your elitist reply) you would have suggested a couple of threads or members that I can use for starters. Searching for the word "millionaire" in the "millionaire fastlane " forum is not necessarily the most practical way of doing it.

03.27.2014-10.41.png


So my plan is to wait for some more useful and practical replies.
 
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throttleforward

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One thing I gleaned from some of the senior folks here is that simply asking good questions and implementing their advice is often enough.

Mentors genuniely enjoy helping people, but they can't stand it when you approach them with a know it all, do it for me attitude. They are teaching you to fish - they aren't going to catch the fish for you.

So something to think about - when anyone who is further along in the process of building a business (whether they are a millionaire or not) gives you advice, 9 times out of 10 you should just go ahead and do it without thinking about it too much. You pay them back in the action you take.
 
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458

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I would say that the majority view your question from a point of weakness. IE. I am a commoner looking for attention from a rarity. What you fail to realize is that people are people and as Charlie Munger would say, always start with incentives.

You want help from a millionaire? Then stop acting like a child and go sell a millionaire your dream and ask him to take a share of it FOR FREE.

Good luck
 

brob742

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So maybe if you wanted to be a little more helpful (which I don't think you are given your elitist reply)

Trust me, I was very easy on you compared to how it can get around here when someone posts a thread wanting a "millionaire mentor for free."

Searching for the word "millionaire" in the "millionaire fastlane " forum is not necessarily the most practical way of doing it.

Stop chasing money and search for something other than "millionaire".
Maybe search for "mentor" since that is what you would like to find...right?

Sure, I'll do the work for you and give you threads to read since you don't want to search...Search "How to Piss Off a Mentor Pro Version". That will give you a start.
There is so much gold on the Inside. Welcome to the INSIDERS by the way.
Just absorb all of the Inside threads man. Just trying to help. Nothing will get handed to you. And you definitely won't find a free mentor. Everything has a price whether it's monetary or not.
 

InLikeFlint

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I think face to face is very important, at least in the beginning until you establish some sort of relationship with the mentor. It is easy to avoid phone calls and emails, but in person they are forced to confront your questions directly. It also puts a face to the mentorship, and makes it more personable for both parties. In a way, they become more involved in your life and are more of a contribution to your success.
 
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PeeVee

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This question is asked all of the time. Everyone that has this question needs to listen to this interview from minute 4:45 - 13:00. The whole interview is good to listen to while you work...


Best part: When looking for a relationship you don't walk up to someone and say: I am looking to settle down. It makes em want to run as far away from you as possible. When looking for a mentor you shouldn't go around "LOOKING FOR A MENTOR", they too will run.
 

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