Introduction

Why this works

Your commitment

How it works

Being selected


Industries

Past experience

Is it right for you

Lower targets

Consortiums

Other points


Alternatives

2006

2007

You can tell others

 

Past experience

Can experience help us to foretell the future?

Keith has been involved in mentoring for many years, ranging from helping hundreds of companies to get started to individual mentoring over a range of projects over the last 30 years.

Looking at the individuals who have taken up this challenge,  the results have been mixed, some of have been very successful, while others have found it was not for them and dropped out. Originally the method used was to have apprentices within his companies, and several of these became directors of international companies. Later some were accommodated and housed in a special centre, all expenses paid, a luxury place in the country with large heated pool, and far more, and several of these achieved far more than they initially thought was possible.

 

Many however have not succeeded, and have dropped out, often within the first few weeks, some thought mistakenly that this was going to be a holiday, it is not. Most dropped out because they missed friends or were home sick, and the rate of this with the residential centre was such that the decision was made to shut it. The homesickness and missing friends problem has in part been overcome by allowing apprentices to choose to stay at their current location, with improved communication this has not presented too many difficulties.

The drop out rate however will always be high, the agreement has no teeth, there is no penalty that stops you from being able to drop out. Also as people who become involved are largely self selected, many are doing something completely different to anything that they have done before. It is difficult to give a fair assessment of the success of the mentoring as some who drop out have already achieved far more than they had aimed to, and are dropping out to live a lifestyle or continue a business from the point they have reached.

Keith says "we give people the opportunity, they come to us voluntarily, agree what they are going to do, its then up to them to live up to that agreement and succeed or decide to drop out. Every person who has completed the programme has been far more successful than they imagined they would be, but we live in an age when for many the desire to party today, or take advantage of gains already made is greater than the desire to become a life long wealth creator."

The other development is that in the first meting, your objectives and desires are more closely looked at. Many do not really want to become multi millionaires, but to have a nice house fully paid for without a mortgage, perhaps a holiday home, a nice car and quality life style they can enjoy. One they have achieved this, be it in 6 months or a year, they plan to not proceed any further. From the mentors viewpoint as long as an reasonable objective can be set and you are going to commit to achieving this fast, then he can assist.

Today, from the beginning you are working for yourself, and all that you gain is yours, you are free to drop out anytime you wish, but will not be included if it's obvious that you are unlikely to at least give it a fair try. The down side is that there is no longer an investment in you beyond the mentoring, apprentices living costs are no longer paid for them and often therefore it is necessary to structure programmes so that early projects have as much to do with raising funds quickly, so you can acquire a living and lifestyle as gaining experience.


H3 Mentoring is a division and trading name of H3 Search Ltd, a UK company. H3 Search Ltd has New Atlantis Trust status and most of its activities are exclusively marketed through NAISC. It does not provide consultancy services to the public or to organisations or businesses that are not in some way closely connected with what is now called the New Economic Model. See www.naisc.com for details on this.