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The problem for the mentor is you can succeed and make no "income" but plenty of "capital gains". Or maybe your wife will on paper (nod to sister comment). A m
by quickthrower2 7y ago
The problem for the mentor is you can succeed and make no "income" but plenty of "capital gains". Or maybe your wife will on paper (nod to sister comment).
A mentor would be incentivised to get you working for a high income, a job at Google for example, and not investing or running your own business.
The problem for you is someone can come along for 1 hour, mentor you but not do much useful stuff. You then go away and are successful anyway by say using a normal hourly paid mentor, and the original useless mentor want's his 1%.
If you are going the business route, pay the mentor per hour, then if appropriate offer them the opportunity to invest in the business once it is ready for it.