The Importance of Mentorship: A Candid Discussion – Ep 26

Grow Business Podcast Episode 26

Show Notes:

In this episode of the Grow Business Podcast, Cory Mosley and Lon Graham discuss the intricacies of mentorship, including how to find and engage with mentors effectively.

They stress the importance of mentorship in personal and professional growth, the need for clarity in mentorship goals, and the value of mentors with relevant experience.

Cory and Lon also touch on the differences between mentorship, coaching, and consulting, and the benefits of formalizing mentorship arrangements.

The conversation covers the responsibilities of both mentors and mentees, such as commitment, active listening, and appreciation.

They encourage listeners to consider becoming mentors themselves and share insights on the personal fulfillment that comes from helping others succeed.

The episode wraps up with a reminder to listeners to provide feedback and topic suggestions for future podcasts.


  • The podcast intro (00:00:05)
  • Surgeon’s story (00:01:02)
  • Mentorship discussion (00:04:56)
  • Identifying mentorship goals (00:12:51)
  • Retired executives as mentors (00:14:12)
  • Mentorship and its Importance (00:15:09)
  • Mentorship vs Revenue Generation (00:16:03)
  • Identifying Potential Mentors (00:16:32)
  • Effective Mentorship from Distant Mentors (00:18:35)
  • Perspective and Guidance from Mentors (00:19:31)
  • Listening and Acting on Mentor’s Advice (00:24:22)
  • Authenticity in Mentorship (00:26:33)
  • Building Relationships with Mentors (00:28:54)
  • The importance of valuing the mentor’s time (00:29:07)
  • Perspective and respect in relationships (00:30:12)
  • Formalizing mentorship arrangements (00:35:44)
  • Mentorship as a two-way street (00:38:16)
  • Mentorship and its value (00:44:29)
  • Becoming a mentor (00:45:02)
  • Feedback and suggestions (00:46:35)
  • Closing remarks (00:47:46)

Bullet Points:

  • Importance of mentorship and responsibilities of being a mentor or mentee
  • Defining goals and needs when seeking mentorship
  • Aligning mentorship goals with mentor’s expertise and experience
  • Identifying mentors who have achieved what the mentee aspires to achieve
  • Distinction between mentorship, coaching, and consulting
  • Process of identifying and connecting with mentors
  • Valuing the time and advice of mentors
  • Formalizing mentorship arrangements
  • Benefits of mentorship for both parties
  • Considerations for becoming a mentor


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