I have found that mentors come in all shapes and sizes, via web, books, face to face and telephone. My mentor is a seasoned business man who I met years ago. After connecting over coffee a few times I asked him if he would formally mentor me. Its been amazing and I know that I have also mentored him in some other areas in his business.
I think the most important tool anyone can have is a mentor but the key to making it successful is being open and teachable. Sometimes I need a kick in the pants to make what I consider a difficult decision, or I need some help negotiating some bigger opportunities. My mentor holds me accountable and helps me to focus on really important stuff.
He's also the first person to ask me about my family, house etc., so its great to stay grounded.
Over the years I have researched and interviewed many coaches when I thought I wanted a bit more specific guidance on issues. Someone who could be available weekly etc. What I found was that there are very few coaches who have their own stuff together - so I didnt find the confidence I was looking for.
Now I know there are quite a few coaches online here that have grown successful practices, so i'm sure if I was looking now,I'd find a match.
I recommend getting really clear on what you want to accomplish and finding someone who has walked the path before you. In our mentoring program that is what we focus on,
www.beyond-bitch.com, not coaching but as showing women entrepreneurs through our own collective experience what lies ahead and how to navigate the course.
I admire and respect all the mentors I have, now and in the past, by sharing the tools and skills they taught me.
J