How Many Successful Marketers Paid A Coach Mentor?

50 replies
I'm curious what the real numbers are. Of course the definition of "successful" will be a personal one.

I'm talking about paid for coach/mentoring, not buying someone's information product.

If you did find success through coaching, how much credit do you attribute to your coach? Do you feel the amount you paid was a good value?

Would you recommend a coach/mentor to newbies?

Thanks in advance for participating.

Brent
#coach #coaching #marketers #mentor #paid #successful
  • Profile picture of the author lotsofsnow
    Originally Posted by RogueOne View Post

    Would you recommend a coach/mentor to newbies?
    This depends.

    It depends on the person that wants the coaching and on the coach.

    A well intended coach and a person that is willing to learn: should work.

    If the coach is not that well intended (just wants to make a quick buck for example) and/or if the student is not really willing to learn (for example already "knows everything") then it might be tough.

    In general, if a newbie can afford a coach it is definitely something that can make things easier and much faster (hint: the good coaches usually ask real money for the coaching).
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    • Profile picture of the author vedremo
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      Originally Posted by hpgoodboy View Post

      This depends.

      It depends on the person that wants the coaching and on the coach.

      A well intended coach and a person that is willing to learn: should work.

      If the coach is not that well intended (just wants to make a quick buck for example) and/or if the student is not really willing to learn (for example already "knows everything") then it might be tough.

      In general, if a newbie can afford a coach it is definitely something that can make things easier and much faster (hint: the good coaches usually ask real money for the coaching).
      ^ Nailed it.


      Really good thread.

      I've had 2 coaches, and about to get my 3rd (all different areas). Not sure if anyone's had Robert Kiyosaki's coaching but I found that to be sort of life changing, in a good way. On the other hand, one was just a giant scam that lost a heap of money on.

      I think people see it as an unnecessary expense, but in my experience it was really a great decision and saved me a ton of mistakes and paracetamol.

      But of course comes down to the content, the mentor, and how willing you are to work with the mentor, how badly you want the outcome, etc. You need to be a place where you are open, wanting and willing to change.

      Nowadays seems everyone is a coach, so do your due diligence before committing money, and more importantly, your time, into the endeavour.
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  • Profile picture of the author RogueOne
    if the student is not really willing to learn (for example already "knows everything") then it might be tough.
    This is what I would see as the biggest problem with being a coach.
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    • Profile picture of the author Mr Smell Good
      Is there a spot on this forum where we could find a mentor? Specifically one that has some feedback from other forum members or a lot of helpful posts on the forum for example
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      • Profile picture of the author Mateenyall
        Originally Posted by Mr Smell Good View Post

        Is there a spot on this forum where we could find a mentor? Specifically one that has some feedback from other forum members or a lot of helpful posts on the forum for example
        Depends what you want to learn. I was looking for an affiliate marketing coach, I found a paid forum that was a lot more helpful and finally got me the knowledge I wanted. Coaching is definitely great and I never regret any money spent on knowledge. Investing in yourself is the best investment you can do.

        Good luck!
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  • Profile picture of the author dropout
    I had a little mentoring when I started out, but for the most part I learned my business through trial and error which you will still have to go through even with a mentor to guide you.

    My biggest problem with most paid mentorships is that often the information they teach is widely available for free.

    Before you pay for a mentor, ask him/her how hands-on the mentoring will be, are there case studies for you, will he/she take a look at your sites and come with suggestions etc.

    The more practical, concrete and level-headed your mentor sounds the better.
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  • Profile picture of the author Stefan Pylarinos
    I've hired coaches in different areas of my life for the last 10 years... internet marketing, dating, health/fitness, etc... and I attribute a lot of my success to it. Without a coach, I wouldn't be making the money I make now and have had some of the many successes I've had.
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  • Profile picture of the author JennySweets
    Just hiring a coach isn't a magic bullet. Even if you hire a GREAT one - you have to put in a LOT of effort to see your results. Consistency and hard work as well as humbly listening and not being afraid to ask questions (Then acting on the answers).
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  • Profile picture of the author RogueOne
    Thanks for all the replies and votes. So far this is very interesting.

    I find the whole coach/mentor thing rather fascinating.

    I bought a couple info. products in the beginning but for the most part it was "jump in and sink or swim."

    I wonder sometimes how things might have gone differently if I'd had a decent coach. I think I might have found a lot fewer dead-ends.

    If you haven't voted yet, please do..
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  • Profile picture of the author ChrisBa
    Originally Posted by RogueOne View Post

    I'm curious what the real numbers are. Of course the definition of "successful" will be a personal one.

    I'm talking about paid for coach/mentoring, not buying someone's information product.

    If you did find success through coaching, how much credit do you attribute to your coach? Do you feel the amount you paid was a good value?

    Would you recommend a coach/mentor to newbies?

    Thanks in advance for participating.

    Brent
    I'm going to take a little different approach, even though I consider myself successful, I am still a member of coaching sites. For the modest monthly fee I get to read great tips and ideas from others. Just one tip can pay for the membership for a year or more.
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  • I think getting a coach is a great idea. I paid big bucks to mentor under a well known marketer. He was awesome, but I have to say in the end I was some was extremely disappointed for a couple of reasons:

    1) It was group coaching and he didn't even have all his content in the membership area. New content was suppose to be released each week for a year, but after a couple of months there was nothing. Eventually he added to it, but I think he still doesn't have all of it in there, and it has been 2 years now.

    2) Part of the coaching included a mailing to his list. This was the main reason I signed up with him as he is very well known and a mailing would be very valuable. Sadly he totally reneged on this. Which I think is total B.S. So in the end I got scammed. I can honestly say that I know far more about internet marketing than he does. I even recommended him to people. If you are a total newbie then yes he is great, but if you have even a moderate amount of knowledge don't bother.

    I have just starting coaching others, but I offer far more value than any of the coaches I have seen. I include complete systems and software in addition to high end coaching material.

    There are some good coaches out there. David Kirby has just started doing coaching and I highly recommend him. Igor Kheifets is also great. There are some others who offer coaching as WSO's that I think are total scammers so please do your homework. Just because someone says something it does not mean it is true. Remember everything you need to learn is already online and it is free.
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  • Profile picture of the author DubDubDubDot
    If you are having problems getting from step A to step B, perhaps they can help you with that. I wouldn't go into it expecting to go from newbie to success as a direct result of their program though.

    I think there's a lot of personal development value in hard knox trial and error that gets lost with these people who think finding a guide is the way to go.
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  • Profile picture of the author himanuzo
    I never have a coach, I learn internet marketing from this forum. Why not?
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    • Profile picture of the author papi70
      How much do good mentors cost anyway? I know this question depends on many factors, however are we talking in the 5K range, 10K, 20K?

      And how much would be motivational bla bla and how much would be actual hands on?
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  • Profile picture of the author nicholasb
    i paid a mentor before, and in a few months I went from 10k per month to 35k per month. Just keep in mind there is only so much a coach can do for you, your success still solely remains in your hands.

    It's up to you to take the advice and do what they say
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  • Profile picture of the author svetod
    I never paid anyone to teach me how to become successful.

    However I was lucky to find great, very successful people who are extremely kind and shared their tips and tricks with me. Thanks to there help I became one of them and now my goal is to help others as well and I am happy to see people succeeding, because of my help.
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  • Profile picture of the author retsced
    If the newbie was really struggling, and just couldn't get it together, then yes, a mentor/coach could be a good idea.

    However. You don't need a coach if you have the WHY you want to succeed, and the BELIEF that you can do it. At the end of the day, a mentor can get results for his clients by telling them stuff they could read for fee on any forum, or blog. It's the "push" a coach can give you that makes all the difference. But if you can push yourself, and follow one strategy until you make it work, then no coach or mentor in the world can match that.

    Personally I've never had a mentor, but I had a big enough reason to make things work in this business, and nobody (including my doubtful mind) was going to stop me succeeding.

    My advice to any newbie just starting in this business....

    Get up early
    Exercise regularly
    Eat healthy.
    Work on your mindset first thing in the morning.
    Take a cold shower every morning.
    Pick "one" strategy that has been proven to work.
    Break that strategy up into easily digestible chunks.
    Set up a 30 day schedule focusing on just that "one" strategy.
    Work your fricking ass off every bloody day until you make it work.
    Write down EXACTLY what you "did" every single hour of every single day and review often (cut out the crap that's not directly related to your goal)

    If you fail. It's your fault, and you failed because you're mentally weak. You need to fix it. Your mental and physical health can be far more important to your success, than any mentor or any strategy.

    All a mentor and a coach can really help you with, is the belief you can do it. Well, you're not in kindergarten anymore, you can do it!
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    • Profile picture of the author papi70
      Originally Posted by retsced View Post

      If the newbie was really struggling, and just couldn't get it together, then yes, a mentor/coach could be a good idea.

      However. You don't need a coach if you have the WHY you want to succeed, and the BELIEF that you can do it. At the end of the day, a mentor can get results for his clients by telling them stuff they could read for fee on any forum, or blog. It's the "push" a coach can give you that makes all the difference. But if you can push yourself, and follow one strategy until you make it work, then no coach or mentor in the world can match that.

      Personally I've never had a mentor, but I had a big enough reason to make things work in this business, and nobody (including my doubtful mind) was going to stop me succeeding.

      My advice to any newbie just starting in this business....

      Get up early
      Exercise regularly
      Eat healthy.
      Work on your mindset first thing in the morning.
      Take a cold shower every morning.
      Pick "one" strategy that has been proven to work.
      Break that strategy up into easily digestible chunks.
      Set up a 30 day schedule focusing on just that "one" strategy.
      Work your fricking ass off every bloody day until you make it work.
      Write down EXACTLY what you "did" every single hour of every single day and review often (cut out the crap that's not directly related to your goal)

      If you fail. It's your fault, and you failed because you're mentally weak. You need to fix it. Your mental and physical health can be far more important to your success, than any mentor or any strategy.

      All a mentor and a coach can really help you with, is the belief you can do it. Well, you're not in kindergarten anymore, you can do it!
      Great advice.. Thanks
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  • Coach is important. But there are many so called gurus. Many times, you can learn from your own failure, even in hiring a coach. just in the forum, they are many kind people giving free advice, we can call it coaching, they are successful people who are willing to help without fees. The secret of coaching or success is there is no secret at all. When you are ready for the answer, you are ready for the solution. Just make a plan and take the first step.
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  • Profile picture of the author RogueOne
    Just keep in mind there is only so much a coach can do for you, your success still solely remains in your hands.
    I agree. I think the main benefit of a coach would be to keep you from making a lot of newbie mistakes, providing you were willing to take advice.
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  • Profile picture of the author goindeep
    I have not got a coach in the IM world so can not comment on that side.

    I have a "mentor" of sorts in another realm and it is a huge benefit to me. I honestly think it all comes down to whom your mentor is though.

    My mentor in my other non IM interest is one of the worlds best without a doubt.

    Take the example of a sports coach, there are many"coaches" out there, but how many elite sports coaches are there as opposed to coaches whom are coaching 9 year olds?

    This is the main problem I see everyday online. Just this morning on my facebook I saw some guy who is making himself out to be some big grandiose motivational speaker type guy who has not really done anything before... people fall for these guys because they are charismatic.

    Charisma and life lessons from someone that has walked the path you are about to walk are two very different things and I think this is what sets a good coach apart from a poser and good coaches are hard to find.

    I remember seeing advertisements for "Life Coaching" trainers when I was selling online ads for a company and used to scan the yellow pages some years ago. I was dumbfounded that people would willingly pay for some person who just completed a course to give them life lessons, its absurd, but people will pay for anything.

    I wouldnt pay anyone to teach me anything in any formal way unless they are in the top 100 or so in the world (figure might vary depending on topic) because you can get what a lower level teacher is going to give you in the form of books and other content and dont forget your own lessons in life either... that is nothing a coach can give you unless of course you have a good coach that knows how to throw you in the deep end so you can learn to swim

    I like to think of old kung fu masters when I think of a good coach, they are stern and even mean, but they know somehow that letting you feel pain (failure) will build you up and make you strong. These other coaches, they dont do that, they just focus on making you feel like a modern day fairy wrapped in cotton with Justin Biebler playing in the background...

    I have taught many people many things in my job as a manager and I can honestly tell you that there is one thing you can never ever teach anyone and that thing is experience. You can have the smartest most brightest person on Earth and they will still mess up no matter what you teach them, until they mess up enough that they finally get it...

    A fake coach will try to take shortcuts so you feel no pain and think they are great at what they do.

    Good coaches dont take shortcuts because in reality there are no shortcuts.

    But you can do all of that with yourself as the coach. Use your own inner navigation system.


    Thats my take on it anyway.
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  • Profile picture of the author potterpotpie
    I am brand new to the site. I found this while doing some research. I work full time and finding it hard to make ends meet, so I thought I would see what is out there. Something that I would have control over, instead of making money for a company. I figure I can get a part time job, but why when there are so many other options. I essentially know nothing about this whole IM world. I'm looking to gain knowledge from this site. any tips or advice? I dont even know where to begin and everything I read is so laiden with jargon is a little difficult to start. But I'm eager and motivated, which I think is the best place to start. I just need some good direction from a trustworthy source.
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    • Profile picture of the author Jason Kanigan
      Originally Posted by potterpotpie View Post

      I am brand new to the site. I found this while doing some research. I work full time and finding it hard to make ends meet, so I thought I would see what is out there. Something that I would have control over, instead of making money for a company. I figure I can get a part time job, but why when there are so many other options. I essentially know nothing about this whole IM world. I'm looking to gain knowledge from this site. any tips or advice? I dont even know where to begin and everything I read is so laiden with jargon is a little difficult to start. But I'm eager and motivated, which I think is the best place to start. I just need some good direction from a trustworthy source.
      Get specific.

      Start learning the jargon. New word? Look it up. We all started from nothing.

      Ever niche has its jargon. If you're going to make some money, you're going to have to learn it. Otherwise, how are you ever going to get any knowledge, skill, and credibility?
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  • Profile picture of the author Jason Kanigan
    I have bought the services of coaches, but not for "Please help me make money". I have them solve a problem they have specialized knowledge about.

    This is the way to invest in WSOs, too.
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  • Profile picture of the author PPC-Coach
    I had a mentor, didn't pay him but I learned a ton from him.

    Coaches are only as good as the people they're coaching.

    You can lead a horse to water, but you cannot make him drink, even if you stomp on the back of his neck and jump up and down. Some people are not coachable.

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    • Profile picture of the author Barin
      I paid a coach and am glad I did. It was one of the best investments I've ever made. I don't think you can go wrong with a great coach.
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  • Profile picture of the author pdxkurt
    I've paid 4 coaches. Twice it was very profitable, twice it was a waste of time.
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  • Profile picture of the author Yuwn
    I also wonder if paid coaching is worth it. I am willing to learn on my own because I don't have the funds to purchase one. So for now, my coach will be the internet, this forum and my trails & errors
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  • Profile picture of the author RogueOne
    I don't think you can go wrong with a great coach.
    The problem for most people seems to be finding the "great."
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  • Profile picture of the author Cason
    I didn't but I'm pretty sure it would've fast-tracked my success by a whole lot.
    info-products vs coaching is like having a pieces of maps vs a GPS

    I spent 2 years getting to where I am via trial and error
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  • Profile picture of the author VukasinI
    I can easily make a quick few bucks on mentoring someone but I just don't wanna use it. I created my personal blog where I will share what I know. It is the same with coaches because they won't give you their best secrets. No one will do that. So if you read lot of blogs and forums and take lot of informations you won't need mentor/coach. Believe me, it is a waste of money.
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  • Profile picture of the author yakim1
    I had a mentor and coach but I received this mentoring because I was so good at list building. My mentor had a list building contest and I was able to build an optin list of over 11,000 subscribers in less than 30 days.

    So he hired me to coach list building and I received mentoring from him. I learned a lot from him but one thing I did learn is that I did not like the coaching business model.

    It is very time consuming and at times fustrating. I coached for a year and made sure I did not add coaching to my business model.

    As I did not pay cash for my mentoring, I did work my butt off and I am still thankful that I did.

    Best regards,
    Steve Yakim
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  • Profile picture of the author gordonlds
    The logic of learning from someone who is currently doing what you want to do makes sense, but you have to be careful that included in your mentoring is the hands on approach when you get stuck.

    Coaches can speak from a high chunk point of view presuming you know certain things, but if there's even a small point that you can't figure out it can hold you back big time.

    If you are going to invest in a coach make sure you have access to them if you run into a problem.

    Personally I have had coaches and they make a big difference to your learning curve.
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    • Profile picture of the author Darrin Bentley
      Great thread! Although I do believe in coaching, I think it has to be a "mutually" good fit. Some people may need more of a "hand holding" type of approach while others won't. On the other side, a good marketer (in my mind, someone who makes AT LEAST $10k a month, consistently) may not be a good coach for many reasons. While they might have the business experience, teaching is something else entirely.
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    • Profile picture of the author Jasmin27
      Originally Posted by gordonlds View Post

      The logic of learning from someone who is currently doing what you want to do makes sense, but you have to be careful that included in your mentoring is the hands on approach when you get stuck.

      Coaches can speak from a high chunk point of view presuming you know certain things, but if there's even a small point that you can't figure out it can hold you back big time.

      If you are going to invest in a coach make sure you have access to them if you run into a problem.

      Personally I have had coaches and they make a big difference to your learning curve.
      I agree. Coaches help you stay motivated and hold you accountable for your actions. They also help you develop a strategy and a plan, then stick to it by using focus and perseverance. Since they are on your side, they will make a big difference to your performance if you take the actions you agree are necessary. They can't take the actions for you but they can give you the guidance you need.
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  • Profile picture of the author Hartmann
    People have coaches for all sorts of things these days - lose weight, get fit, IM, learn a second language. I think they can work but like most people say, you still have to do the work. They can only show you what to do and keep you focused on the task. But you have to do the work so that you can make their knowledge and know how your own. That is the intersection of a perfect coach and student relationship.
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  • Profile picture of the author John_3771
    In my opinion, it depends on these factors:

    1,)The Coach - There are coaches out there that don't really know much about making money online or they don't have the proper experience to be mentoring people.

    2.)The Offer - There are many great coaches out there, but sometimes they get greedy and have too many students and don't have enough time for them and they just give them downloads and don't really communicate with them.

    3.)The Student - If a student isn't willing to take action and change a least some of the things that they're having trouble with, then they're in big trouble.

    I believe that about 80% of the people who aren't successful online fall into the category of not having the mental aspect of marketing figured out.

    This includes:

    - Not Focusing
    - Not Finishing Projects
    - Chasing Bright Shiny Objects
    - Putting All of Your Eggs into One Basket
    - Distractions
    etc.

    The other 20% suffered from bad content.
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  • Profile picture of the author reyesndpx
    I found this while doing some research. I work full time and finding it hard to make ends meet, so I thought I would see what is out there.
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    • Profile picture of the author RogueOne
      Originally Posted by reyesndpx View Post

      I found this while doing some research. I work full time and finding it hard to make ends meet, so I thought I would see what is out there.
      Welcome.

      That you are doing research is a good sign.

      You are in the right place to learn. Don't be afraid to ask questions.
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  • Profile picture of the author RogueOne
    I believe that about 80% of the people who aren't successful online fall into the category of not having the mental aspect of marketing figured out.
    I have to agree with you.

    I see a lot of people who think they can instantly become as skilled and successful as people who have been engaged in marketing for many years.

    I partially blame the whole "every one wins" mentality taught to children.

    We don't keep score, you only have to show up and you get a trophy.

    Sorry to say, in Internet Marketing, they keep score, and you have to do a whole lot more than just show up if you want to win.
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  • Profile picture of the author jgant
    Did it twice. Once worked out incredibly well; the other not so well.

    The time it worked was when I had some success with a method and needed to learn how to scale/do it better. I sought out a mentor running a similar model to me who was doing really well with it.

    The time it didn't work so well was I had to hire the mentor without really knowing what the model was. Turned out the model wasn't what I wanted to do.

    So, I think it's best if you know what you want to do and are having a little success with it but need to take it to the next level - seek out a mentor with a business similar to what you're doing.
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  • Profile picture of the author lerxtjr
    Seems like there is a lot of misconception here about the word "coach" with "mentor" and the missing word I'm not seeing..."trainer."

    If you want someone to walk you through something "hands-on" you're looking for custom training.

    If you want someone to help you plan and keep you accountable for taking the steps you BOTH determine together are appropriate steps to move your business and project forward, and mentally partner with you to schedule conversations to keep you on track, you're looking for a coach.

    A mentor is someone who takes you under his/her wing and occasionally meets with you to discuss higher level strategy. A mentor is usually not walking you through things screen by screen as a trainer would. So a mentor is not very "hands-on" and isn't nearly as involved in the details as a coach is from week to week.

    Of course there are plenty of successful case studies for all three of these, but you have to be careful of what you're after and which of these you really need before setting your expectations of how either will help you.
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  • Profile picture of the author nik0
    Banned
    Most coaches make money from coaching instead of putting their "experience" into practice so be very careful on your search for a coach.

    Besides that, if you don't have the right mentality you will never succeed, no matter how good you're coach is so if you lack taking action then better keep your money in the pocket and work on your mind set problems first.

    Lazy people will never get rich (unless you win the lottery).

    What helps me a lot is talking with like minded people, mostly people that are kind of on the same level but doing things in a different style. That way I can learn certain things from them and they can learn certain things from me so win win situation for both.
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  • Profile picture of the author RogueOne
    So, I think it's best if you know what you want to do and are having a little success with it but need to take it to the next level - seek out a mentor with a business similar to what you're doing.
    This is excellent advice. Instead of counting on the coach to come up with everything, find what you are interested in and then seek out specific help.

    Seems like there is a lot of misconception here about the word "coach" with "mentor" and the missing word I'm not seeing..."trainer."
    Your explanation will certainly help clear that up. Thanks.

    Besides that, if you don't have the right mentality you will never succeed,
    This seems to be the resounding note I hear in most "coaching" threads. A very important factor it seems.
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  • Profile picture of the author Randall Magwood
    I had a coach. Name was Collin Almeida. Excellent guy and superb copywriter. Helped me out to the best of his ability.... yet i still messed up along the way. But without him, i'd probably be working at McDonalds right now.... with a high and mighty "Assistant Manager" position... $8.25/hour.
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  • Profile picture of the author Tommy Turner
    YES, coaches have been extremely valuable to me and my business success...

    I have had coaches/mentors that I have paid several thousand per month for their guidance, and some I've only paid $100 or so per month... I have had great results from coaching... I have been able to take much of what I learned and then coach others.... I have easily made 10X what i have invested in coaching over the past 10 years...
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    • Profile picture of the author nik0
      Banned
      Originally Posted by Tommy Turner View Post

      YES, coaches have been extremely valuable to me and my business success...

      I have had coaches/mentors that I have paid several thousand per month for their guidance, and some I've only paid $100 or so per month... I have had great results from coaching... I have been able to take much of what I learned and then coach others.... I have easily made 10X what i have invested in coaching over the past 10 years...
      Lol what a success story.

      Takes a coach to sell coaching himself, typical WF style.

      Almost as worse as reselling Fiverr gigs.
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  • Profile picture of the author jasondinner
    Early on in my IM career I had a mentor and it had a huge impact.

    Then as the years went on I started learning or teaching myself things on my own.

    Most, if not everything I do now stems from what I taught myself...

    However - had I not had that mentor early on, I wouldn't have been able to teach myself.

    At the same time, today and for the last couple of years, my mentor (s) have been people I've formed masterminds with.

    Put the right people in your mastermind group and be the right person to mastermind with and these people can be the best mentors you'll ever come across.
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  • Profile picture of the author angshuy2k
    I have never used a mentor that is what I thought of using but then actually I had my University mentors who taught me about marketing and then of course others who actually helped me to setup.
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