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How do you thank your mentors?

Discussion in 'Investor Psychology' started by bob shovel, 3rd Apr, 2016.

  1. bob shovel

    bob shovel Well-Known Member

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    There's penty of talk about finding mentors, relationships with them and also the paid variety but the people that are in your life who "mentor" you in some way shape or form, how do you thank them for their time, information and guidance?

    Some relationships may be mutal where one party knows more in a certain field and different topics are shared, but in a situation where one knows/experienced more than another is there a way you thank them. Buy them lunch, bottle of wine at Christmas, give them a motorbike?? ;)

    There's probably no set rule as every relationship and circumstance is different.
    Recently I started chatting to an old school friend blah blah blah he's put me onto some good info and had good chats, he recently sold his Cafe which he just broke even on after 3years, taught me not to start a Cafe ;). Being a significant milestone I sent him a book.... Then Amazon mucked it up and he ended up with 3 copies :D
     
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  2. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

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    Let them know how much they're appreciated and the impact they've had your life - pass the knowledge/wisdom/whatever you want to call it down the line and help others.

    .....and also beer/wine/lunches - and a car would be cool.

    Cheers

    Jamie
     
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  3. datto

    datto Well-Known Member

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    Bought them a slab of beer and chucked up in the back yard.
     
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  4. Leo2413

    Leo2413 Well-Known Member Premium Member

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    Dinners, wine etc. But one of my mentors has told me that sharing my success stories with her gives her a real kick.
     
  5. ZachAnsel

    ZachAnsel Well-Known Member

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    One of my mentor love photography using film, so I bought film from Japan via ebay. The other one love to play ten pin bowling, so I accompany him couple times, and use that session to discuss things as well.

    I learn you don't have to give material things, spend time with them is the best accompany ever. That also shown that you interest to learn more..
     
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  6. willair

    willair Well-Known Member Premium Member

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    Just buy them music they will understand..
     
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  7. sanj

    sanj Well-Known Member

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    with some I've helped them in other ways, running around for them while overseas, others it has been bringing them some excellent clients.

    genuine gratitude is probably the best gift although I did get a great reaction from buying someone about 6k worth of vintages of grange and hill of grace that he didn't have. the impact his assistance had on me made that gift seem miniscule but he still did really appreciate it.
     
  8. MTR

    MTR Well-Known Member Premium Member

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    just a side issue

    imagine if the answer was zip?.

    What I have noticed is that Many people are takers not givers, problem with this is relationships will be short lived.

    Also, It works both ways a mentor can also learn from the student, you can never stop learning, I dislike the word mentor.
     
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  9. Ace in the Hole

    Ace in the Hole Well-Known Member Premium Member

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    I think a true mentor would be happy enough if you just make them proud from your efforts under their guidance.
     
  10. MTR

    MTR Well-Known Member Premium Member

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    We are all very different, I would not assume this for one minute.

    I think its important to show gratitude and appreciation, especially if one is expecting ongoing support, even if its just a coffee and its not the monetary value that matters IMO, even just a small token gesture.

    Who wants to mentor someone who is trying to become wealthy but is a cheapskate??


    MTR:)
     
    Last edited: 5th Apr, 2016
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  11. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    Flourish.
     
  12. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    Agreed, do not put your 'mentor' on a pedestal. A good learning relationship is one that goes both ways where you both discuss issues and strategise work arounds and solutions. One can't know everything and it's great to have a sounding board to not only motivate you, cheer you on and give insightful knowledge.
     
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  13. bob shovel

    bob shovel Well-Known Member

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    Definitely, but showing appreciation isn't a bad thing
     
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  14. bob shovel

    bob shovel Well-Known Member

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    Self raising or plain?
     
  15. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    And it's good manners :cool:
     
  16. MTR

    MTR Well-Known Member Premium Member

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    I have had some great tips and learnt a lot from investors who are younger with less experience but bring a different skill set to the table, win/win.
     
  17. Ace in the Hole

    Ace in the Hole Well-Known Member Premium Member

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    My only mentee is my young daughter.
    Is mentoring only about helping others make money?
     
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  18. MTR

    MTR Well-Known Member Premium Member

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    OK.

    Its a property forum???

    Teaching our children is pretty much what most parents do, and would agree I don't think many parents would expect anything in return.
     
  19. joel

    joel Well-Known Member

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    I had a mentor at work once. He ended up hiring me. Now I have no one to whinge about my boss to.