An apprentice gains firsthand knowledge by watching how an expert works. So too with wisdom. You can read all about it in a textbook, but the best way to learn is to watch the expert.
Society typically honors the athlete, the rich man, the professor, the doctor.
You would get up and serve him to the best of your ability. You would ask his advice and then listen attentively. Take principles of how you respect these people, and apply it to respecting the wise person. We human beings like to basically think of ourselves as independent. We have a built-in resistance to authority, and have a difficult time acknowledging that we need someone else's information.