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The term 'mentor' is age-old. The word itself was inspired by the character of Mentor in Homer's Odyssey. The purest definition is of someone of deep experience who takes a protégé under their wing to help shape a perspective, or build a certain skill set.
Most mentors are external to the company, as it frees the mentee up to speak candidly about any issues. The relationship will often endure across a lifetime, which speaks to how deep the bond can be if the chemistry is right.
This article outlines the five reasons to get a mentor and gives you tips on how to find one.