Successful individuals receive endless mentorship requests. Instead of helping everyone or no one, they should focus their limited time on 'multipliers'—people whose position or potential allows them to influence and develop many others. This strategy scales a leader's wisdom and impact.

While acknowledging the benefit of having mentors, Herb Wagner has found that the process of being a mentor is even more educational. Teaching and guiding others forces a deeper understanding of one's own principles and provides fresh perspectives from the next generation, offering greater personal and professional growth.

When business success no longer provides deeper fulfillment, set an unreasonable goal for contribution, like feeding a billion people. This forces you to think differently, operate at a new scale, and connects you to a purpose larger than yourself, reigniting your passion.

Mentoring is not just altruistic; it's a powerful tool for self-improvement. When mentees apply a senior PM's frameworks and encounter challenges, it forces the mentor to refine their models, plug gaps, and confirm which patterns are truly repeatable. It's a feedback loop for your own expertise.

When the pursuit of happiness feels unattainable, high performers may pivot to a duty-bound goal of being "useful." While this drives impact, it can sever the emotional connection to the work, leading to apathy where even significant achievements lose their meaning.

Mentoring isn't just about imparting wisdom; it's a "selfish" act of learning from the younger generation. Mentees offer valuable insights into modern approaches to productivity, work-life balance, and leveraging new technologies. They are more focused on output over hours and aren't guilty about taking vacations, providing a fresh perspective for senior professionals.

True long-term impact comes from mentoring and developing people, not just hitting business targets. Helping others succeed in their careers creates a ripple effect that benefits individuals and companies, providing a deeper sense of fulfillment than any single project or promotion.

Major achievements often feel anticlimactic or even negative. True gratitude and positive emotion are sparked not by the peak moment, but by contrasting it with the memory of the difficult journey—revisiting the places and feelings associated with the struggle provides the real emotional payoff.

Burnout stems not from long hours, but from a feeling of stagnation and lack of progress. The most effective way to prevent it is to ensure employees feel like they are 'winning.' This involves putting them in the right roles and creating an environment where they can consistently achieve tangible successes, which fuels motivation far more than work-life balance policies alone.