Guru, Coach or Mentor?
This post is from my two other blogs "Cirlce of Winners" and "CRENewsWire."
Guru, Coach or Mentor?
Recently I logged into a forum discussing Real Estate
Guru’s. The idea was to debunk them as well as their
material and the service that they provide.
The word intrigued me so much I decide to see what
Webster had to say about it. Here is what he said about
Guru, Coach and Mentor.
Guru – “An expert, a person with knowledge or expertise.”
(Buy my products and you are on your own)
Coach – “One who instructs or trains a performer or a
team of performers.” (Buy my products and attend my
seminars)
Mentor – “A trusted counselor or guide.”
(No products or seminars to sell only there when needed)
When I signed up to become a member of the web site
Bigger Pockets (www.biggerpockets.com) I had only
one choice and that was to register as a Real Estate
Coach. I must say according to Webster I don’t fit that
definition. (Note: Bigger Pockets is a great site)
For years I have assisted others in business as well as
in personal growth using the principals that I have
applied in becoming a successful entrepreneur.
To be a successful real estate investor or real estate
professional it is important to understand business
principals as well as real estate. I am often asked
questions about limited liability companies or what is
the best management system or accounting system for
my real estate business just to name a few.
I have always advised those whom I have mentored that
it is important to work on your business instead of in
your business. What I mean by this is if you are only
doing the technical work and not equally doing the role
of manager of your business as well as letting your
creative juices flow as an entrepreneur you will be
destined to almost certain failure as a business owner.
(Remember whether you are a property owner or a real
estate professional you are more than likely an
independent business person or contractor.)
The Guru or the Coach will normally tell you how to do
real estate whiles the mentor will not only tell you how
to do it but will also show you how to do it. The mentor
takes a personal interest in your success while the other
two are usually product and sales oriented.
For those who are just starting out or not yet seasoned
in the real estate arena I would recommend that you
find a good mentor to work with you and personally
guides you in your new venture.
Comments (4)
Thanks bill Happy 4th to Mel and You
Curtis William Lee, Sr., almost 15 years ago
I used to listen to Real Estate Guru’s now I listen to a mentor. Thank you Bill for being a great mentor.
Isabel Gordon, almost 15 years ago
Thanks bill
Curtis William Lee, Sr., almost 15 years ago
I'd love your feedback on our forum discussion, <a href="http://www.biggerpockets.com/forums/56/topics/34819-gurus-vs-experts-is-there-a-difference-">Gurus vs. Experts - Is there a Difference?</a>. Please jump in and share your thoughts!
Joshua Dorkin, almost 15 years ago