Following on from Is having a mentor important? The best mentors don't have the answers, they only have the questions. No-one can never have your answer to the questions, a mentor can only have their answers to their own questions. Only you can have the best answer for you - it’s you who has to live with your answers. All a good mentor can do is stimulate your mindset into you finding your best answer to the right questions. The mentors job is to help you to find the right questions, and then steer you towards answering them for yourself. They teach you to think for yourself. They shouldn't force their style onto you, they should adapt to your style. Some feel that being a mentor requires special skills. Not really... mentors are simply people who have many of the qualities of good role models. Critically important attributes are being practical (rather than theoretical), being a good listener and also a critical thinker A 'nice to have' is at least some experience in your field and ideally has achieved success there too, but success in different or a broader range of areas is often equally advantageous - the principles are often the same. Also high on the list is 2nd level thinking or second round effects, and the ability to consider issues from several aspects - the ability to see the bigger picture. Useful attributes include strong practical knowledge of statistics & probabilities, and also of cognitive biases, with a bit of macro economics. When you link up with a mentor, you're getting the benefit of their breadth of experience, their successes and equally important their failures. It's more about the why type of questions and what else than the how. A developing/options/shares/whatever course will teach you the specifics of how, but breadth of knowledge about how it fits into your bigger picture is what a mentor can bring to the table. And a mentor shouldn't be offering advice - legal, financial or otherwise. A mentor cannot be responsible for the decisions you make. If you need advice they should point you towards a selection of arms length professionals - accountants or BAs or brokers, financial advisers, etc. You don't know what you don't know - a mentor will steer you towards areas of researching that will make your of unconscious/conscious incompetence a lot smaller. And they will also play devils advocate... but in a positive way rather than the genuinely incompetent naysayers. A broad range of other opinions (such as those found on PC) will often achieve a similar effect, but a downside is none of those opinions knows as much about your personal circumstances and existing experiences and biases as your mentor probably should. And if your 'mentor' ever tries to sell you anything,,,,, In contrast, spruikers have the answers, but unfortunately they also provide the questions... and the questions are the right questions for them, not necessarily the right ones for you. A genuine mentor will NEVER try to sell you anything - the questions the spruikers ask are always answered by whatever they happen to be selling.... even if it's discounted to only $2996.