"The mentor sets and maintains the expectations and boundaries of the mentoring/coaching contract with the entrepreneur and the sponsor (mentorDay)".

The objectives to be achieved by improving this competence are:

1. Manage expectations and agreements with the mentee.
2. Managing the terms and responsibilities of the mentoring contract
3. Ensuring compliance with the terms and agreements of the contract
4. Establish good communication and compliance with the mentee.
5. Monitor and update the mentoring contract.
6. Ensuring clarity and transparency in the contract

In this competition you will practice with practical tips that can help you as an entrepreneur mentor to improve your competence in terms of contracting with your entrepreneur:

1. Clearly define objectives and expectations: Ensure that both parties understand the objectives of the mentoring and the expectations for the frequency and duration of meetings.
2. Create a written agreement: Draft a detailed agreement that includes the objectives, expectations and responsibilities of both parties.
3. Establish open and frequent communication: Foster a culture of open and frequent communication to ensure that both parties are aware of progress and can make adjustments accordingly.
4. Establish a plan of action: Ensure that you and your mentee have a clear and detailed plan for achieving the mentoring objectives.
5. Make sure you fulfil your responsibilities: Be consistent and consistent with your responsibilities as a mentor and make sure that your mentee fulfils his or her responsibilities as well.
6. Keep a focus on results: Regularly monitor progress and results, and adjust the agreement accordingly.

Remember that a clear and well-defined contract is a valuable tool to help ensure the success of the mentoring and the satisfaction of both parties. Therefore, it is important to pay attention to detail and ensure that the agreement is fair and equitable to both parties.

These are the TIPs you will practice with during the mentorDay mentoring programme to acquire the skills for this competency "Managing the Mentor-Entrepreneur Contract":

• The role of the mentor (+).
• What is mentoring (+)?
• Advantages and benefits of mentoring (+).
• What is coaching (+)?
• Advantages of coaching (+).
• Differences between mentoring and coaching (+).
• Relational styles of mentoring (+).
• Different roles (+).
• Types and models of mentoring and coaching (+).
• Reverse mentoring (+).
• Womentoring (+).
• Speed mentoring (+).
• Group mentoring (+).
• Business coaching (+).
• Lean Coach (+).
• Matching. The search for the best mentor for each entrepreneur (+).
• Initial discovery session (+).
• Set targets: 

• • Vision.
  • Purpose.
  • Ambition.
  • Values.
  • Motivation.

• The mentoring contract. Commitments of the mentor and the entrepreneur.