When you look over the course of your life, one of the most important things you'll have ever done is to mentor someone.
Greg Sherwood is the president and Chief Investment Officer of Quest Investment Management, an institutional investment advisory firm based in Portland. He has been on the board of executives at Quest for 31 years and has over three decades of experience in investment advisory.
In this week’s episode of Success That Lasts, Greg Sherwood joins Jared Siegel to discuss the benefits and importance of mentorship and why the world needs it now more than ever.
Tune in here, at delapcpa.com/podcast, or wherever you listen to podcasts:
Here are a few highlights from their insightful conversation:
- Things have never been better for those in industries that benefit from remote working. However, in other industries like hospitality and tourism, it is an utter disaster.
- Greg defines mentorship as a fundamental form of human development where one person invests time, energy, and personal know-how to help grow and develop another person’s abilities. He says that it’s arguably the most important work you’ll ever do.
- Self-care is not selfish, Jared remarks. Taking care of yourself replenishes your energy. You cannot give what you don’t have.
- Mentors are not only people living today. We can learn valuable, powerful lessons from people who have gone before us. Oftentimes they can be just as effective as a live mentor.
- Greg describes life in three stages: the first is the formative stage in which you are the most malleable and willing to receive information. The second stage is when you are 25-55 years old: by then, you have figured life out and are regularly organizing your priorities. The third and final stage of life is when you are 55+ years old: you are at the summit of your career and focused on legacy.
- Transitioning to retirement is often challenging for individuals who have assigned much of their identity to their profession and careers.