A Revolutionary Approach Leading Your Most Important Business—Your Family: Mentor to Millions Author Mark Timm

Episode #282

A Revolutionary Approach Leading Your Most Important Business—Your Family: Mentor to Millions Author Mark Timm

Key Takeaways

Integrate work and life by treating your family as your most valuable business—give them your first and best using structure like mission statements, meetings, and shared ownership, plus shared travel experiences.

Mentorship is essential and reciprocal; great mentors allow failure and growth. Find one by vulnerably declaring, “I’m ready for a mentor,” to your inner circle and asking for introductions.

When off track, return to proven basics—seek honest mentors, admit mistakes, and restart from the last point you were getting it right.

Top Quotes

My businesses were getting my first and my best while my family got my last and my least.

What if the most valuable business you'll ever own, ever operate, ever even get the chance to work in was the one you're going home to, not the one you went to?

Any mentor that doesn't let you fail is not a good mentor because failing is part of life.

Episode Summary

A mentor’s worth

Should you have a mentor?

“Of course!,” you say. But… do you actually have one? Have you actually sought one out? Do you even know how? Or maybe you’re just too busy? Or maybe you have one but you need another in an area where you want to improve—relationships, business, or health.

While Americans believe that having a mentor is important, less than half of the American population (46%) claims that they have one—and I believe that number is even a stretch.

I spoke with serial entrepreneur Mark Timm who co-authored the book Mentor to Millions with original Shark Tank shark, Kevin Harrington. We discussed how to find a mentor, what a mentor-mentee relationship can be structured like, and even the reward you get from being the mentor yourself. In Mark and Kevin’s new book, Mentor to Millions, they chart Mark’s journey from a pivotal moment in his life to a whole new understanding of how work, life, and relationships can coexist and thrive together.

Perhaps now more than any time in history, anyone wanting to succeed should look towards finding a mentor for guidance through uncertain times. Here’s how to do it effectively.