The dumbest thing you can spend money on as an entrepreneur is a business coach.

I just don’t get it.

I know so many people who spend money on coaches.

And they always tell me, oh this coach is so successful, smart, and rich…

It’s a bunch of bull… if the coach were that rich from their previous ventures, they wouldn’t be a coach.

And if they truly wanted to be a coach because they “loved” it... then they would do it for free because they don’t care for the money.

Or they would do it for equity in your company and only make money if you made money.

I just don’t get why people hire business coaches that charge money on a monthly or annual basis.

If you want mentorship, there are others ways to get it. And no, it doesn’t have to cost money.

Plus the coaches you really want help from, the ones who know what they are doing, won’t just help you out for money. 

They don’t run Facebook ads to try and get your money.

It’s much harder to convince them.

And the coaches who are rich and have fancy houses and cars, it’s from all people that are paying them for coaching.
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neilpatel

2024-04-13 02:17:28

dumbest thing you can spend money on as an entrepreneur is a business coach i just don't get it i know so many people who spend money on coaches and they always tell me oh this guy is so successful and smar and rich it's a bunch of bull if the coach were that rich from their previous ventures probably wouldn't be a coach and if they truly wanted to be a coach because they loved it then they would do it for free because they don't care for the money or they would do it for equity in your company and only make money if you made money i just don't get why people hire business coaches that charge money on a monthly or annual basis if you want mentorship there's other ways to get it and no it doesn't have to cost money plus coaches which i know are a bit different from mentors if you really want help from them the ones that know what they're doing won't just help you offer money and these coaches don't run facebook ads trying to get your money and they don't talk about how they're gonna get you rich it's much harder to convince those kind of coaches to help you out and the coaches who are rich and have fancy houses and cars it's from all the people that are paying them for coaching