• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

2

CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

3

Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world's top superpower can at least punch open a hole

1

Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

2

CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

3

Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world's top superpower can at least punch open a hole

Why You Should Never Just Have Lunch With Your Mentor

By
Raquel Oden
Raquel Oden
Down Arrow Button Icon
By
Raquel Oden
Raquel Oden
Down Arrow Button Icon
May 17, 2016, 8:00 PM ET
THE WOLF OF WALL STREET
Left to right: Leonardo DiCaprio plays Jordan Belfort and Matthew McConaughey plays Mark Hanna in THE WOLF OF WALL STREET, from Paramount Pictures and Red Granite Pictures.Photo credit: Courtesy of Paramo (c) 2013 Paramount Pictures. All Rights Reserved.
Add Fortune on Google for similar content.

MPW Insiders is an online community where the biggest names in business and beyond answer timely career and leadership questions. Today’s answer for: What is the most common mistake new hires make? is based on an interview with Raquel Oden, a managing director and market executive for the New York 5th Avenue office at Merrill Lynch.

One of the biggest mistakes new hires make is that they don’t seek out a mentor when they take on a new job or role. Finding the right person for guidance is not easy, especially for someone still getting to know the workings of a new team or organization. As a result, many new hires skip this important step, even though the payoff for their careers could be huge.

My mentor had a substantial influence on my career. I met her in the late 90s when I was around 28 and an analyst on the trading desk at an investment banking firm. She encouraged me to push beyond my comfort zone and to take risks, even when I was in a job I was happy with. That advice and support helped build my self-confidence, which made all the difference early in my career. So look deeper at mentors and role models – it can make the difference between success and failure in a new job.

It’s critical to choose your mentor carefully. Not everyone is well suited to the role. It’s best to select someone with a solid understanding of your function and the place it holds in the organization. Immediately, he or she can help you define your job broadly without limiting you to narrow parameters. Beyond the basics of introducing you to your team and people across the organization, they should guide you in the more subtle areas of culture and organizational dynamics. Most important, your mentor should encourage you to maintain an open mind as you define yourself in the organization in terms of where you fit and who you can become. Once you’ve gotten your feet wet, your mentor may be able to alert you to the potential for a broadened scope of responsibilities.

That said, it’s important to make the relationship a two-way street. Keep that person’s perspective in mind as well. What are they getting out of the time you spend together? What do you know about their role, their history, and their interests? Have a real interest in the person. (Hint: one thing people really love to do is talk about themselves. Keep that in mind when you meet with them). Have a specific agenda for those meetings. Don’t just “do lunch” – do something beneficial for both of you. Lunch for lunch sake doesn’t accomplish anything.

It’s also important how you develop the relationship. Don’t say, “Can you be my mentor?” Instead say something like, “Would you be OK if I checked in with you once a quarter?” The key is, don’t be afraid to ask for help, and ask for specific help.

And while it’s always important to have someone in your corner, it’s especially critical when introducing yourself to a new area, set of responsibilities or organization. Your mentor should be able to provide perspective on the organization and how you can fit into it. They should also have confidence in you, an understanding of why you were selected for the role and the unique value you bring to it.

Also, volunteer for new responsibilities that expose you to different people and areas of your business. Volunteer for the random assignment that might put you working alongside that person — even if you’re just in the same room together. It might put you in sight of that important person who can help you move your career in the right direction later.

About the Author
By Raquel Oden
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

claudia
North AmericaWorld Cup
‘All of this sould prompt reflection’: Sheinbaum says World Cup tickets are too expensive for most Mexicans
By The Associated PressJune 15, 2026
30 minutes ago
bb
Arts & EntertainmentSports
Basketball vs. the Beautiful Game: the fight for America’s summer sports attention
By Nick LichtenbergJune 15, 2026
36 minutes ago
Gina Rinehart
InvestingSpaceX
Australia’s richest person just bought a SpaceX stake worth more than $1 billion. ‘Elon has done what very few people in history have done’
By Jacqueline MunisJune 15, 2026
56 minutes ago
Fortune Southeast Asia 500
Fortune Southeast Asia 500
By FortuneJune 15, 2026
57 minutes ago
Top analyst: 71% of SpaceX’s $2 trillion value rests on AI. Grok’s numbers are ‘almost comical’ by comparison
Startups & VentureSpaceX
Top analyst: 71% of SpaceX’s $2 trillion value rests on AI. Grok’s numbers are ‘almost comical’ by comparison
By Mia OsmonbekovJune 15, 2026
2 hours ago
‘We’ll never do this again’: UFC CEO Dana White says White House fight night was too expensive to do it again
North AmericaDonald Trump
‘We’ll never do this again’: UFC CEO Dana White says White House fight night was too expensive to do it again
By The Associated Press and Dan GelstonJune 15, 2026
2 hours ago

Most Popular

Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983
Personal Finance
Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983
By John W. Diamond and The ConversationJune 12, 2026
3 days ago
CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea
Success
CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea
By Preston ForeJune 13, 2026
2 days ago
Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world's top superpower can at least punch open a hole
Energy
Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world's top superpower can at least punch open a hole
By Jason MaJune 14, 2026
1 day ago
Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?
Economy
Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?
By Nick LichtenbergJune 14, 2026
1 day ago
SpaceX surge further boosts Saudi billionaire prince’s fortune
Investing
SpaceX surge further boosts Saudi billionaire prince’s fortune
By Adveith Nair and BloombergJune 14, 2026
1 day ago
AI job disruption is here. The problem may be compounded because nearly 75% of people don't apply for unemployment benefits
AI
AI job disruption is here. The problem may be compounded because nearly 75% of people don't apply for unemployment benefits
By Jacqueline MunisJune 14, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.