What would you charge someone for coaching?

15 years ago

Yes I think you are out of your mind for starting at 5-10K

Not that your not worth it just if you charge 5-10k with your first student and don't succeed with them it could kill your whole potential coaching career.

Why don't you start with something like 197 dollars for a month and they can email you 3 times a day and you will get back to all of there emails that day.

If you start with lets say for example 3 students and with in there 1st month are making well over the 197 then you have testimonials and you can charge way more for new students.

If i were u i would build a little back ground in coaching before charging more.

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mmurtha

15 years ago

Hey johny,

I'm with Eric on this one, especially if you are not known for coaching yet. It will really pay off once you get a successful group of people giving you testimonials. They can vouch for you, and the system you use. Once that's done, then widen your scope on how much coaching you offer adding a little more at a time, and raise your prices as you go.

You can build a mean business this way because you have something to backup your claims.

Mary

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marcanthony 15 years ago

I say go for it...

There's definitely a crowd willing to pay you 5-10 grand.

All you have to do is ask for it properly...
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Christie Love

15 years ago

I don't believe anyone will pay someone 5-10k for any kind of coaching without proper credentials and proven abilities to help people make $1 mill.

You can find coaches here on the forum with a huge list of testimonials from students who have gained 7 figure incomes and they don't charge 5-10k!

I would definitely suggest you start in under $200 and work your way up from there.

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Christie Love

15 years ago

Johny,

I don't believe anyone will pay someone 5-10k for any kind of coaching without proper credentials and proven abilities to help people make $1 mill.

You can find coaches here on the forum with a huge list of testimonials from students who have gained 7 figure incomes and they don't charge 5-10k!

I would definitely go with Eric's suggestion and price your services under the $200 mark and work your way up from there.

Thanks
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johnysc430 15 years ago

5-10k is peanuts for someone to teach you to make over 1k daily in my honest opinion. I have blackhat methods that make me 1k daily consistently. The white hat stuff is hard to guarantee earnings because it takes hard work and brain power. I'd probably chop it up into a few payments or take 3k up front and then a few installments. I know guys do a lot of coaching on here. That's why I threw the question out there. The way I look at it. The time it takes to teach someone something. I could run 20-40 campaigns and if a few of them are winners. I make 300-500 each winning campaign daily. I know it sounds crazy to hear 5k to someone who doesn't have it but I feel my information is very valuable it's not run of the mill arbitrage conspiracy type stuff.
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Suthan M

15 years ago

Originally Posted by Christie Love

Johny,

I don't believe anyone will pay someone 5-10k for any kind of coaching without proper credentials and proven abilities to help people make $1 mill.

You can find coaches here on the forum with a huge list of testimonials from students who have gained 7 figure incomes and they don't charge 5-10k!

I would definitely go with Eric's suggestion and price your services under the $200 mark and work your way up from there.

Not true, there is a market out there for 4k-5k..

Actually, there is a lot of Warriors who uses the cheap "intro price" coaching to sell their more expensive "2k-3k" coaching classes..

Yes, even in the WSO.. I have a lot of friends who does this so i am sure.

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HipHop

15 years ago

I've learned in real estate coaching, $5K is very easy to get.

It's how you posistion it and how good of a sales person you are.

You don't so to motivated to do it anyways, so I would say go for as high as you can get. If you don't get any right away, no biggie. If you do, you just became someone who gets paid $10K for coaching and that's a good thing to be able to say.
And regarding credentials...I've only been asked 1 or 2 to prove anything (which I could do) out of the 25 or so students who paid me $5K.

It's time consuming. Start high. You can always come down....

Luke

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Derek Pankaew

15 years ago

I'd give it a shot. If you believe you're worth 5K - 10K and you believe you have a market for it, give it a shot.

Honestly - If you're making the kind of money you say you're making, $200 isn't worth your time. You're not trying to start a coaching career, they're approaching you.

Charge them high fees and over deliver.

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jossey

15 years ago

i think christie is right no matter what the coaching is about 10k is way too much. you deserve what ever amount you charge but some certain things has to be considered when dealing with people. except you don't want to keep the relationship or you really don't want to do the coaching.

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dlinden 15 years ago

If you are not worried about saturation of your method I think it would be good to find 3 newbies warriors that are looking to learn the business and charge them very little or nothing to prove that you can take a complete newbies and turn their life around.To me that's the ultimate proof of a good coach or system.

I say put your money where your mouth is then after that you can charge what you want and be in high demand.I don't think there is too many warriors that would not pay $5000 to make $500-$1000 per day.If you feel your system is that good then I say go for it.Just my 2 centsGood luck
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TRosa

15 years ago

Originally Posted by johnysc430

I've become pretty successful with IM in a relatively short period of time. I have some growing popularity from my ustream video casts. a lot of people hit me up for coaching. I don't know if I really have time to coach someone one to one. I just have no idea what to charge someone. I have multiple ways of making a few thousand a week. Am I out of my mind for thinking I deserve 5-10k ?

Please if you don't mind, define "pretty successful"...

What have you accomplished so far? (This is not a negative response, im sincerely interested)

Thanks

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Justin Kim

Banned 15 years ago

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johnysc430

15 years ago

Originally Posted by dlinden

If you are not worried about saturation of your method I think it would be good to find 3 newbies warriors that are looking to learn the business and charge them very little or nothing to prove that you can take a complete newbies and turn their life around.To me that's the ultimate proof of a good coach or system.

I say put your money where your mouth is then after that you can charge what you want and be in high demand.I don't think there is too many warriors that would not pay $5000 to make $500-$1000 per day.If you feel your system is that good then I say go for it.Just my 2 cents

Good luck

Originally Posted by TRosa

Please if you don't mind, define "pretty successful"...

What have you accomplished so far? (This is not a negative response, im sincerely interested)

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hey, I'm not offering coaching, I'm speaking about people that are approaching me. There are affiliate managers on this board and people also that know me from other forums. They know I do well.

I don't like to say I make this much a day, I do over 2k profit on a regular basis.The business is funny. Sometimes I have campaigns that make me a ton of money. Sometimes they die. Sometimes I lose money, the key is trying a lot of different things and thinking outside of the box. I've posted methods on bhw of my own and they've been stolen and sold on dp and I believe maybe on this board.

The coaching is not about just a method, although I do have methods that some people would be uncomfortable doing. It's learning how to become a internet marketer. As far as dealing with ppc,ppv, bum marketing. I think a lot of people expect a magic bullet. When in actuality it doesn't exist. It's a jungle out here and you have to change your business constantly to keep up.

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jrailsback

15 years ago

Depends on the kind of coaching you are willing to do really. Is it by teleseminar, webinar, in person? I'd say if the coaching is digital you'd be out of your mind to charge that much.

But in person is a different story. You'd better be ready to provide some OUTSTANDING value, though. Especially if you're charging anything over 1K.

But who knows... set up an opt-in list, have some people promote it for you, let your subscribers know you're thinking about doing coaching, set up a survey at surveymonkey.com and get their feedback (see what they want coaching for and what they'd expect to get from you, don't mention a price), build some anticipation, then open the doors for registration.

Good luck.

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ARSuarez

15 years ago

John,

I have found that, if you find yourself worth the money and can deliver, there will be a market.

If you want an idea of fairly good rates, I advise you consider things by "sessions." X number of sessions cost X dollars, and includes email/phone/etc communication and consultation so many days and times a month. Or, Project Y (longer, more personalized coaching) costs X (which should be a greater sum, with more benefits).

Food for thought.

Regards,

Angel

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What would you charge someone for coaching?

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