“Mentors offer great advice; coaches ask great questions.”
“Coaching: The Best-Kept Secret to Growing as an Entrepreneur”
by Zack Ferres, Entrepreneur Magazine, 10/26/17.
… Up to 40 percent of Fortune 500 companies now work with executive coaches, according to consulting firm Hay Group…
What separates a coach from a mentor
I posted about this coaching paradox on LinkedIn a while back, and my post attracted a flood of comments. After reading them through, I realized that many people don’t understand the distinction between a mentor and a coach. While these positions might seem similar, there’s actually a world of difference between the two.
“Mentors,” for one thing, don’t usually follow a fixed schedule or require payment. They help with strategic issues, answering questions for founders without actively participating in company operations.
“Coaches,” on the other hand, are not afraid to get their hands dirty. They are typically paid, and operate on, a fixed schedule to help entrepreneurs make themselves better. Mentors offer great advice; coaches ask great questions…
Read more: https://www.entrepreneur.com/article/303361