There are some basic rules to being an effective mentor. If you follow these, you are likely to develop a good mentoring relationship that will reap results.
Dos
Provide an outside perspective on both the business owner and their business
Listen, confidentially, to the issues that are worrying the business owner about their company
Help by sharing your own experiences of both failures and successes
Give friendly, unbiased support and guidance
Provide honest and constructive feedback
Be a sounding board for ideas
Facilitate decision making by suggesting alternatives based on personal experience
Supply contacts and networks to further personal and business development
Inspire the client to realise their potential
Give ongoing support and development
Where appropriate, seek advice or refer mentees to another point of contact
Highlight any ethical issues that may arise
Don’ts
Provide a counselling service
Give specific technical business advice that would normally be provided by an expert business adviser
Supply a training service
Provide a coaching service (relating to specific business-related tasks, goals and objectives)
Provide therapeutic interventions
Take responsibility for success away from the business owner
Intrude into areas the mentee wishes to keep private