How well can you guide?
Becoming a business mentor is probably one of the most rewarding and challenging things that you can do with your time. Helping those just starting out in business and giving them your advice from past experiences, building a friendship and becoming a confidante are just some of the benefits that you can get from being a mentor.
However on saying all of this, mentoring is not suitable for everyone and certain criteria needs to be met for you to get the most out of the experience and for others to benefit from your past experiences.
The whole point of hiring a mentor is for the individual to access your wealth of information and knowledge of business. They will also be looking to you for one on one feedback during any particular critical stage of their businesses development and new businesses will be looking to share your contacts.