Why Mentor?
Find your place to make a difference
Help perpetuate the godly heritage of our nation by supporting the next generation’s use of biblical principles in business practices. Not all those retiring will be called to keep their hand in the business world, but those that do have that nudge or desire, may find their place within the Waymaker organization.
Share valuable experience
The Retiring have traversed the challenging entrepreneurial journey and accumulated a wealth of experience. By mentoring aspiring entrepreneurs, you can share invaluable insights, lessons learned, and practical strategies for success, which helps aspiring entrepreneurs navigate obstacles, make informed decisions, and avoid common pitfalls. The guidance and wisdom imparted by retired mentors can significantly increase the chances of success for their protégés.
Foster a supportive network
Your mentoring relationship will foster a sense of community and support within the entrepreneurial ecosystem. Retiring entrepreneurs can create networks and share connections for aspiring entrepreneurs, opening doors to potential partnerships, investors, and industry experts. These business connections that took a career to build don’t have to die as you enjoy retirement but can continue to be cultivated and used to graft in the next generation. Your mentee will benefit from your established network, gaining access to valuable resources and opportunities that may not have been otherwise available.
Continue learning and growing
Mentoring is a two-way street, offering retired entrepreneurs the opportunity to continue learning and growing in unimaginable areas even in retirement. By interacting with aspiring entrepreneurs, mentors gain exposure to fresh ideas, emerging trends, and innovative approaches. This exchange of knowledge stimulates intellectual curiosity, keeping the Retiring mentally engaged and letting them maintain their entrepreneurial spirit. In turn, this continuous learning environment enhances the mentor’s personal development and paves the way for new ventures or consultant opportunities.
Create a legacy and make an impact
You have the opportunity to leave a lasting legacy by mentoring and shaping the next generation of entrepreneurs. Mentors help guide and influence aspiring entrepreneurs’ mind-set, values, and ethical practices. Often it takes painstaking years to plant principles within a business that can help steer it through obstacles in the business world. Mentees can share their practices of what has worked and collaborate alongside the Aspiring to find what might work best in the present day. As their mentees succeed, mentors can take pride in fostering growth and success in the entrepreneurs following in their footsteps.
Flexible time commitment
One of the key benefits of mentoring aspiring entrepreneurs is the flexibility it offers in terms of time commitment. You can determine the level of involvement that suits your retirement lifestyle. Whether it’s collaborating a couple days a week or periodic phone calls, mentors can tailor their commitment to ensure a healthy work-life balance.
Compensation
Every situation is different and everything is negotiable. Depending on the extent of involvement and the ability to pay, there may be opportunities for income as a mentor. An equity stake could even be involved for deeper engagements.