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Quick questions about mentoring

by typoo999
11 replies
Good Day Warriors!

I would like to start mentoring people to teach them how to make money online, and I need some tips about offering this kind of service.

- my students will have to pay monthly fee, how much should I ask for?
I make around $200 bucks a day and growing, so I don't really want to waste my time for 20 bucks a month, you see...

- how should I give them a refound opportunity? (my coaching program is 100% correct and my students will make money, if they follow my instructions)

These are my main questions yet, but I listen any other tips and suggestions.


Thanks for your help!
#mentoring #questions #quick
  • Profile picture of the author Mark Andrews
    Banned
    A little ironic no?

    How can you mentor others when you don't even know or understand the basics about offering the service in the first place?

    You've got a bit of a credibilty issue going on right there.


    Mark Andrews
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    • Profile picture of the author typoo999
      I asked people about their opinion to see how a good service looks like in their eyes!

      I could do the same like many others who "teach people" how to be a millionare for $15 bucks one time payment. (...)

      I'm just curious how a great mentoring service looks like in other people eyes, I want to be fair with them.


      Thanks..

      Originally Posted by Mark Andrews View Post

      A little ironic no?

      How can you mentor others when you don't even know or understand the basics about offering the service in the first place?

      You've got a bit of a credibilty issue going on right there.


      Mark Andrews
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      Boom shakalaka!
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      • Profile picture of the author Cali16
        "Mentoring" isn't a service, per se, IMO. If you're going to charge people for the service you're describing, it would probably be better to call it coaching or simply teaching, depending on various factors.

        As for how much to charge, only you can decide what your time is worth. The price, however, should depend on whether or not you're going to provide actual 1 on 1 interaction with people, do it as a group (e.g. weekly or monthly webinars), or just drip feed information to them on a weekly / monthly basis (e.g. via "modules").
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        If you don't face your fears, the only thing you'll ever see is what's in your comfort zone. ~Anne McClain, astronaut
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  • Profile picture of the author Oliver Williams
    It all depends how you present the offer. Packaging, presentation and marketing is everything. (well almost everything)
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    Don't believe everything you think
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  • Profile picture of the author WhiteDove
    Credibility has to be # 1
    The term"coaching" may be more appropriate.
    You should have the proper steps to coach someone so they can replicate.
    You should be successful at what you plan on coaching?
    You should of made at least 99 mistakes so your clients don't make the same.
    You should belong to organization and have resources.
    You should have clients who value you.
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    Dianne
    WhiteDove
    War Room Member

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  • Profile picture of the author AdwordsMogul
    Why don't you create a WSO and then offer personal coaching as an upsell?

    It also depends on how you make your money - if it's a scalable model, then it's better.

    Also if your model can be applied in various markets then that would help too.

    Here is my point: if your "pivot point" is how much you make a day then you'll end up in trouble sooner or later. That's because your way of doing things may not be easily replicable. Plus, the time it takes to recoup an investment also matters.

    If you are targeting Warriors quick results are a crucial key.

    P.S. How much you charge depends on how you present the value you offer.
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  • Profile picture of the author tristatemedia
    talk to me, i am on my 4th coach. one was terrible, 2 scammed me. and one is great.
    HERE IS MY ADVISE: BE HONEST, REMEMBER KARMA.....SOME PEOPLE CHECKED THEIR INTEGRITY AT THE DOOR WHEN THEY OPENED THEIR WARRIOR ACCOUNT.
    to make students feel comfortable, charge monthly fees....not all at once....so they can leave if they do not like trainning. charge small fee for the first 2 weeks. do not scam anyone, you will never get another customer from this forum. WORD GETS AROUND....NOT WORTH YOUR REPUTATION.....
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    RECEIVE UNLIMITED CASH PAYMENTS DEPOSITED INTO YOUR FAVORITE ACCOUNT
    VIA CASHAPP, PAYPAL, ZELLE

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  • Profile picture of the author Mae Rose
    if i were you, don't go for mentoring programs. hire people instead and let them work for you. in this way, you can get more clients while making the most out of the people you hire. this is just a suggestion, anyway.
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    • Profile picture of the author cashp0wer
      What you charge your "students" depends on what you are offering them. Will you offer them one on one help if they need it, for example. There are many coaching programs on the Internet that you could look at to help you.
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      My Internet Marketing Blog - Warts And All!
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  • Profile picture of the author diger
    "Gluteus Maximus vs. Cerebral Cortex"! Which type of thinking are you going to use? You need to find the place to find the starting point and then start to find your possible starting point!!
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    "Fostering 2nd-Incomes & Security", - Most $$$ programs don't work as advertised. There are exceptions. My Blog is here.
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  • Profile picture of the author Terry M
    I would suggest a couple of case studies to help you out and If you need a volunteer, I am in!
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