425. How Much Should I Invest in Coaching?
The Chris Harder Show
Chris Harder
4.9 • 1.5K Ratings
🗓️ 21 December 2020
⏱️ 14 minutes
🧾️ Download transcript
Summary
In This Episode You Will Learn About:
- My recommendation for guidance spending
- Getting to $100,000 without coaching
- Scaling up your guidance
Resources:
- fortheloveofmoney.com/mastermind
- Text ELITE to 310-421-0416 to join our elite mastermind
Show Notes:
One of the questions I get most is: How much money should I invest in coaching? Coaching, consulting, retreats, masterminds, and courses all fall under what I call "guidance," and you will never grow as big as you can if you aren't investing in guidance. But when you need to spend on marketing and hiring and other things, you need a guide to know how much you should invest in guidance. Everyone's goals and businesses are different, but I do have a rule of thumb that I'm going to teach you today.
Follow me on social media @ChrisWHarder on Instagram and check out www.ForTheLoveOfMoney.com
Transcript
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| 0:00.0 | Never go all in on just one mastermind or just one coach or just one anything |
| 0:05.2 | Because there's going to be more facets to your business that you need to learn than what that one person |
| 0:09.0 | or what that one group can probably offer you. Welcome, everybody. |
| 0:15.0 | This is for the love of money, |
| 0:20.0 | where we are making you unapologetic about your pursuit of success by sharing the tools, |
| 0:25.7 | tips and stories of those who have already made it. |
| 0:29.3 | My name is Chris Harder and each week I will bring you incredible guests in order to prove |
| 0:34.9 | that when good people make good money they do great things. |
| 0:40.3 | Hey everybody welcome back to another amazing episode of For the Love of Money |
| 0:45.7 | It's another Money Monday where we talk about everything that has to do with your |
| 0:48.8 | money earning money saving money creating money you name it and today we're going to talk about |
| 0:53.2 | how much of your money you should invest in coaching. |
| 0:57.4 | This is hands down, probably one of the top questions |
| 1:01.2 | I get from you guys, whether it's in my DMs or if you guys text me, |
| 1:05.4 | this is one of the top questions I always get. |
| 1:08.3 | And it always sounds something like, |
| 1:10.4 | how much should I be investing in coaching? How much should I be investing in courses or in |
| 1:16.7 | masterminds or in a consultant? And it's this very obscure question |
| 1:21.0 | because everyone's business and everyone's goals are so different, but I do have a very specific rule of thumb that I'm going to teach you today that I think is going to be really, really helpful for you. |
| 1:31.0 | Now let me start by, I just kind of lump everything |
| 1:34.0 | like coaching consulting retreats |
| 1:38.0 | masterminds courses |
... |
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