To Invest or to Not Invest In Coaching..

What do you get for the $3000? That is a lot of money....

Always do your proper due diligence before hiring any coach. Any sure that they actually practice what they preach

To be honest with you, if you interact with the warriors here for a good month on warrior forum, you will get some amazing knowledge out of here. I never had a coach until I became well familiar with the warriors here. My coach worked with me for FREE and we also started a joint venture together that made us some good money.
I say $3000 is way too steep.

$3000 sounds fairly expensive but I've seen pricier.

Definitely check the coaches credentials.

Are you fairly experienced already? If not, make sure to sift around the forums for a few months first.

I think the answer lies with you actually. If you have had a coach that was an accountability partner and that didn't do the trick, you've been reading through the forum and that didn't do the trick, then you are faced with a circumstance in which you need someone to walk you through a system and MAKE you accountable.

I think the next question - if you can be successful with this coaching system (and it could be the best one for you right now) - then will you continue after the coach no longer makes you accountable?

If your hold up is that you don't want to try anything for fear that you might be doing the wrong thing, then coaching could be just what the doctor ordered.

If you can afford the coaching and the coach has great testimonials and you know the marketing strategies he/she is using are the ones you want to learn - what is holding you up?

$3,000 is a lot of money if it is not cleared what is being offered. It does depend on their track record and I would want to speak with some others that have gone through the program as well (although this does not mean they are not paid to give a good referral.)

People do have the misconception that coaching should not cost anything or not be expesive. When you go to the gym, you usually sign a contract with a fitness coach if you are looking for personal training. Do you search for one that is the cheapest but does not give good results, or find someone that is decently priced and can get you the results you are after.

Same way for sports. If you are looking for someone to teach you basketball, would you want someone like Michael Jordan or someone that can barely dribble the ball?

I would do my research and really decide if their system and leadership align with what you are trying to accompish overall. If you do your part and take action on their system, will they offer you a guarantee? So, yes $3000 is a lot of money for most people, but you need to know what you are getting in return if you decide to go that route.

I just paid $3,000 for 1 hour of consulting, and it was the best $3,000 I've ever spent, it is going to most likely double my income in the next 6 months.

getting the coaching is a good idea, moreover you can get a money back guarantee or trial offer to minimize the risk of putting your money to the wrong person

It's definitely a good idea to learn as much as possible from other people. However, the real question you should be asking yourself is: will you make more than what you invested using this system that you talk about?

Have others already achieved success following his method? How many others have failed? You should really dig deeper into the coaching offer and there's only one person who can decide: YOU.

I would avoid buying into coaching.

are you looking for a coach or a system? Two different things.

is the system what you want do? Or is just your hope that it will make you money?

$3,000 is peanuts.

I paid $2,000 for one hour.

Anyone that says its "too expensive" is running a hobby, and not a business.

The type of coaching this guys is offering is pretty exclusive from what he explained. He doesn't have a huge sales page for his coaching. He works only with a few students at a time and provides personal access to him through email on a daily basis along with two coaching calls per week.

He also offers video modules that explain the process he does from start to finish. Starting with finding potential markets, testing and tracking a traffic source and surveying the traffic, then creating a front end product plus upsells and potentially a membership program people have the option of subscribing to.

He then will help me create and optimize a proper sales funnel, then walks me through and teaches me how to test and track various traffic sources to allow me to automate the business as much as possible once all of the initial work is done.

My primary concern is not with being held accountable. I can hold myself accountable once I finally see some kind of result from my work. My biggest problem is being pulled in a thousand different directions from different people and this system seems to make the most sense to me and seems to be the standard IM business model. Create a front end product, create some upsells and then cross promote affiliate offers. Rinse. Repeat. (give or take some creative angles you can use in a given market..)

I have very little experience in testing and tracking traffic sources, optimizing sales funnels (referring to your own back end products and upsets, not just creating different squeeze pages), and most definitely creating my own products.

I could spend tons of time and money learning how all of this is done from various IM veterans and do it myself, or I could treat it like a true education and learn from someone who has everything figured out and ready for me to copy and implement much like training would be for a brick and mortar business. Thats why I want a coach and lastly, to stop being alone on this.

I truly appreciate the feedback. This forum is always helpful. I will definitely be digging a bit deeper tomorrow and maybe find some more testimonials and verify his track record before taking the plunge. If all checks out then I think I'll go for it. I'm tired of screwing around and not being serious. I need a legitimate business plan and I don't have one so what is one to do? Find somebody who does and have them teach it to you.

Thanks again guys. I think I have my answer.

Any additional thoughts are more than welcome!!

$3,000 is not much at all for proper one on one coaching.

Group coaching is different.

Think about it for a second. What successful person in their right mind is going to be able to offer you one on one coaching for anything less than that. In fact if it were me I would be charging a lot more than $3,000 for one on one coaching. It puts a huge drain on my time and resources and so I would need to be compensated appropriately. Otherwise there is absolutely no point in doing it since I would just be losing time I could spend on much more profitable things inside my business.

So think about it like that.

If someone is able to offer you any type of one on one coaching for less than that kind of fee, they really wouldn't be the type of person I would want to learn from because they obviously have too much spare time on their hands and are willing to give it away far too cheaply. A good coach and the type of person you want to learn from is someone who is so busy and so profitable in their business that they need to be heavily compensated if they are to take time out to coach you one on one.

I'd feel more comfortable hiring someone to do those funnels for me as a
JV partner/project manager, or, at the least buy an ebook, videos on sales processes and hire someone to help me with my metrics.

You mentioned upsells, but, there is also, cross sells, down sells, and....




Can't know everything.

Glad to see you've found your answer. Money is easily made with the right knowledge and more importantly the right discipline and that is why coaching is never a bad idea—provided the coach is legit and has results. Those of us for whom this is a living know that IM is a constant process and we are always trying to stay ahead of the curve. The number one thing is treating this like the true goldmine that it is! You have to dig, but if you’re willing, there is a lot to be gained. You are who you hang out with, so surround yourself with the type of people you want to be like. Learn from those who do what you want to do. Work hard and best of luck!

Another thing to keep in mind is the business model being taught...

There are a few folks running around teaching people to run certain business models that shouldn't be the primary income source... Mainly solo ads...

If you are planning to get coaching on how to build a list to sell solo ads then save your money! Find a coach that is teaching a LONG TERM business model and not a churn and burn business model.

Just my 2 cents

Cheers,
Coby

A coach or a mentor is important, as long as you see this in the right way.

One of our biggest obstacle to getting whatever we want is lack of confidence which in turn leads to lack of action. The methodology to achieve anything worthwhile is available to most people. For example, you can discover more from "Guru Mastermind" from Eben Pagan than any coach can actually show yo.

However, you'll have second doubts. You'll achieve results that may or may not be the same as your projections. And that's when a coach is ideal. If in that moment a person can tell you "don't worry, you are doing fine, keep doing it, it's just a glass ceiling" or "let me take a look at it - ok, you are on the right path but you've overlooked this important detail", then it's worth far more than $3000.

But you must understand that a coach is not an encyclopedia. He's not there to be some form of Wikipedia for your IM needs. He's there in order to get you back on track provided that you already know a lot and you need course corrections from time to time.

A GOOD coach is the person you call once a week after you've invested 60 hours of work and you are stuck. A bad coach is the one that stays 24/7 on Skype explaining you things. This is because a good coach uses what he preaches while someone who spends 24/7 explaining things, even the most basic ones could do something better with his time.

Yes I would stick with it, if the 3k is a lot of money for you right now then maybe search for a cheaper coach but in the end if the quality of what he teaches is worth the 3k then stick with it.
I have had coaching on a number of occasions and spent over 2-3k for each coach and after the year I have been able to implement the things that I have been taught and am now able to work from home.
So it depends on whether you are doing this in the hope to find an easy way to make money online fast or whether you want to create a real business which will take time and money.
Good luck with your coaching and remember the most important thing is to implement what you learn.
Information is useless without action.

If you can verify that the coaching he provides is worth the cost, then it will certainly shorten your learning curve, perhaps even by years.

Check background of this coach but coaching has turned my business in the right direction and may actually be the best 3k you can invest. Imagine if you invest 3k you will have the chance to make 20k, 50k, or 100k from that advice.Then you tell me if you think it is worth it. And the only difference between making nothing to 100k is an actionable plan and taking action every day to get one step closer.

every successful entrepreneurs have mentors and coaches. since you said that this guy have a proven track record, i suggest you join his coaching if you have enough money to spare.

That's an expense...not an investment.

I would not invest in coaching at start, there are many cheaper ways to learn about something, rather invest in time to make that something happen

Nothing helps more than the right Guru.

Has the person offered to walk you through the method and have they promised you earnings? What I'm asking is, have they promised you that they'll teach you the system and work with you till you reach your goals, or whatever goals they've told you is possible with this system, and do you think they are good enough to follow through on their promise?

From your post, I can see that that's exactly what you want, so if you are sure this person can provide you that, and if you can afford that $3000, I'd tell you to go for it.

You have asked a great question but unfortunately you have
asked the wrong group of people. The general consensus here
is that you don't need a coach for anything. Everything is
on the Warrior Forum and you can read and learn for
yourself.

That's because the vast majority of Warriors simply
cannot afford $3,000 for a coach and so cannot answer
that question from personal experience. You asked
those who used a coach to respond and most of the
response are from people who NEVER used a coach.

I've used a coach when I started internet marketing
and it was worth it. It short cut my learning and
gave me confidence where I lacked it.

This does not mean that all "coaching" are created
equal but you do sound like you have a great program
in mind if the information is factual.

-Ray Edwards

A coach is only as good as the student who will use the methods.

I've never used a coach and now I wish I did when I started. I coached a few friends and they were able to make more money in 2 weeks than I did in 2 years.

I decided to use a personal coach, but I was a complete newb and needed to be shown everything. I went with Chris Ferrell, who after a year of being with him, I am still sold and will stay a customer for many years to come.

He is a little over 300 bucks a for a year with free hosting. You can pay monthly as well. Tons of videos on his site, teaching the basics and then ramping it up a bit for people just past the basics.

And truthfully, because I was lazy...I didnt do anything with the program for about 9 months. But in the last three months, I have made some pretty good strides.

So, I believe in coaches, if the price is right.

Good luck

I think coaching is extremely important. You need guidance to make your way up. You can do it on your own, but the hard way. Or, you can invest in coaching and make it worth.

Absolutely - IF you are ready to 100% apply yourself and you are convinced the coach you go with has both a winning system (one that he can prove works) as well as a system that fits your strengths and passions...

For example, you could seek out a coach that has built a $100K business around Adsense sites, but if you don't like that business model, can't stand building a bunch of sites or content - then he is the wrong coach for you.

Look for a coach to both provide structure (system), but also to give you strong feedback along the way.

When I first started out in early 2000's I paid approx. $5000 to two coaches that helped me quickly learn the ropes, and get a jump on learning copywriting (how to sell via words) - the $5K was returned to me many times over within the first year.

What I would look for is would he split the $3K over two payments, the second payment coming a few weeks into the coaching so you can limit your risk until you become familiar with his coaching from the "inside"

Finally, make sure you look at all options, there are some very good systems with coaching for 1/3-1/2 of what you are about to pay this coach...depending on the type of business model you want to follow online.

Jeff

Not sure I would pay $3,000 for coaching.

I learned a LOT (and felt like I was being coached) from 3 different guys on here after buying their WSO´s which were multiple videos showing step by step what needed to be done. They even answered my questions when I wrote to them.

I would say I learned 80% of what I now have under my belt from them, the rest I have learned on my own from other sources or my own experiments.

Don't invest in coaching programs. its not needed.

I once found an ebook on "3 ways to make money online"

The first was : Hire a mentor

At the time I thought it was very funny, like "I will teach you how to drive - 1st lesson: Find an instructor!" but come to think about it there could be another option: "Lesson 1: Drive!" and crash a few cars until you learn.

Most people in IM are self-taught and maybe that's why the failure rate is so high. Maybe hiring a mentor is not that bad advice after all.

I think it is only smart to get a Mentor or Coach if you really want to know what you are doing. Like in ANY BUSINESS ENDEAVOR, you need to get TRAINED BY SOMEBODY to really learn fast. You can of course teach yourself if you dont mind wasting years and lots of money and energy doing trial and error

I have 4 degrees in Law including a PH.D, (and I own several companies including Law Firms in 2 countries and two offline MLM Companies) before trying to learn IM but I knew I still needed a mentor to quickly understand this new IM game when i decided to look at IM in Dec of 2012.

The trick though is to get the RIGHT COACH OR MENTOR (by the way $3,000 is NOT a lot to pay depending on the Coach). For intance, I found Mike Filsaime last week after almost paying $5,000 to another awesome Coach who is really good too. When I discovered Mike Filsaime and after going through some of his archives of past Masterminds, I would have gladly paid him $20,000 to train me.

Right now I simply signed up for a website system he has that only cost like $29 a month and then he gave access to LOTS OF MATERMINDS AND MENORRSHIP MATERIALS that simply blew me away FOR FREE. Just listening and watching the training videos and past training calls he had with his old mastermind groups in the last one week has given me knowledge that i think is worth over $50,000 and I will be the first to pay whatever he wants for his next mastermind (I have applied but they saw there is a waiting list! So, I will be going ith my $5000 guy from London next month after meeting him in person)

Of ocurse not everyone can afford $5,000 and I am not suggesting that. There are ways you can even get coaching for FREE from guys who have made millions consistently on the internet that you can independently verify. I got one that way and will be happy to give oyu the link to his $19 product that will give you access to years of mentoring and training videos that will simply drive you insane with joy (I cant post link here becos I am not sure of the rules and I try ot stay safe from being banned!)

So, I will suggest you find a credible coach WHO HAS ACTUALLY MADE MONEY IN A VERIFIABLE WAY. Too many newbies are also starting coaching programs becos thats what the gurus teach and its a free for all now. I COULD HAVE STARTED A MASTERMIND MYSELF TOO IF I WANTED though I am only 3 months into IM (Yeah, I joined IM in dec before Christmas and travelled out for 2 months before coming back in March but I have launched two WSOs htat sold a combined 120 copies within 10days RIGHT HERE on WF).
Of course I know now that is a joke compared to what big boys were doing, but I did it in March after being totally inacitve for my first two months!).

However, I know right now that if I do that, I will be ripping people off becos I am still learning myself. Once I have made some more serious demonstrable income by June (watch out!), I will of course start one too with proof of what a newbie can do in 3 months.

SO, I think dont look at the money you are paying but what you are getting. I would suggest you only sign up for their Masterminds first (most have a $1 trial offer) and then go through what they have in their Mastermind group BEFORE CONSIDERING ANYONE FOR MENTOR OR COACH AND PAYING ANY MONEY.