Becoming a Professional Mentor For Passive Income

Becoming a Professional Mentor For Passive Income; man in chair drinking

Have you ever dreamed of finding a sustainable source of passive income? Looking to leave behind the daily grind and swap it out for something better suited to your lifestyle?

Mentoring for extra income is an excellent way to start making more money in your own time. Even better, it’s low-stress and high-reward meaning it’s practically a passive source of income. Today we’ll be exploring how you can flip your work/life balance on its head, taking control of your time and empowering you to make the most of your skills in an easy-going and flexible environment.

What Mentoring Entails

If you’re new to the world of mentoring, or else this is the first time you’ve considered mentoring for extra income, then you’re probably wondering what exactly mentoring entails. In the details this can vary a lot from one Mentee to another but in broad strokes it’s very simple: just be yourself.

When Mentees sign up at Career Navig8r, what they’re looking for is someone who’s already worked their dream job role. Some will be just starting out and may be looking for help getting through the interview stage. Others may already be working in the role, but be looking for someone with more experience to show them the ropes.

No matter who you’re mentoring however, one fact will always remain the same – they came to you because you can give them something nobody else can. Your experience of a job role is unique to you and, no matter how granular, the lessons you’ve learned could truly change your Mentee’s life for the better.

And the best part is that you can do it all from the comfort of your own home. All you need is a computer, a webcam, and an internet connection. From there you’ll be able to hop on a call and get talking.

Identifying Your Expertise

But, you may be wondering, if it’s so easy, then why doesn’t everyone become a Mentor?

Anyone with experience in a job role has the potential to be a successful Mentor but first you have to find your Mentees. Here at Career Navig8r, we’re passionate about connecting people with experience and skills to those looking to learn, but before we can do so, we’ll need to know a little more about you.

The most important piece of information to establish is your expertise which, as far as we’re concerned, means your previous job roles. Now, it’s good to bear in mind that you don’t have to list every job you’ve ever worked, only those you’re comfortable mentoring. After years working in the legal profession, nobody expects you to relive your days as a fast food server.

This is also a great place to consider the scope of your mentoring. For example, if you worked your way up from a front desk greeter to a CEO, the chances are you’ve been through plenty of roles along the way and some will no-doubt have been more challenging than others. For that reason, it’s always good to bear in mind which roles you’d find easier to mentor, giving you full control over your time.

Establishing Credibility

Trust is naturally important in Mentor/Mentee relationships. Beyond your previous job roles, there are several things you can do to establish your credibility as a source of information. These include:

  • Sharing valuable industry contacts to help with networking
  • Using real, job-focused examples during your calls to help put your Mentee in the right mindset
  • Giving honest guidance about the job role in question, including the good, the bad, and the ugly

The best part of working with a Mentee is getting to share in their enthusiasm for learning. At the same time, honest conversations will take you a long way and that may mean talking about some of the more difficult aspects of the role your Mentee is looking to fulfil. Are the hours long? Is the pay what they’re looking for? What will their work/life balance look like?

If you really want to set your Mentee up for success then there’s no need to shy away from some of these more difficult topics.

Exploring Second Income Streams

Becoming a Professional Mentor For Passive Income; Career Navig8r plant

Mentoring for extra income is one of the best secondary income streams you can establish. This is because it relies on your existing knowledge and skill set as the foundation of your service going forwards.

Establishing a secondary income stream usually has a startup cost – if not a financial one, then certainly a time cost. With Career Navig8r, it’s as simple as signing up, filling in your profile, and setting your prices.

Marketing Your Services

Once you’ve established your profile, you may wish to do more to get your name out there. This is a great approach and will almost certainly improve your success as a Mentor. That said, some find marketing quite daunting and if this is you then don’t panic. There are some very easy and simple things you can do to increase your chances of finding the perfect Mentee. These include:

  • Setting up social media streams to build a public presence.
  • Reaching out to friends/family as well as industry contacts to potential Mentees who will, in turn, be willing to give you a favourable reference.
  • Ensuring that your profile is pristine and professional – a good photograph and a well-written bio can go a long way!
  • Becoming an early adopter at Career Navig8r and telling the world your working relationship with us through LinkedIn – follow us on LinkedIn and put us down as someone you are working with.

By joining Career Navig8r, you’ll be at the forefront of a new wave of job-focused mentoring. Our unique approach puts your direct experience first, empowering you to help as only you can.

So what are you waiting for? Sign up today and start your mentoring career with CareerNavig8r.com.

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