Should You Hire A Coach? Real Talk.

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.6 • 1.4K Ratings

🗓️ 5 February 2023

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

In episode #2361, Neil and Eric take a candid look at whether you should hire a coach. The online world is filled with tons of content that can provide you with the information you need to elevate your business for free. Conversely, coaches charge high-dollar amounts for the information you very likely already know. In our conversation, Neil shares his skepticism of coaches before Eric provides examples of coaches who provide exceptional value and why. To discover whether hiring a coach is the right step for you, be sure to tune in today! TIME-STAMPED SHOW NOTES: [00:20] Today’s topic: Should You Hire A Coach? Real Talk. [00:25] Neil and Eric's conflicting opinions on whether you should hire a coach. [01:29] Why Neil often feels skepticism over the claims that coaches make. [03:18] What Eric has learned from coaches he’s worked with in the past. [03:56] How to identify when coaches are providing you with value and when they aren’t. [05:35] Understanding what information is available online for free, and when you can benefit from the expertise of a coach or therapist. [06:23] Why a good coach knows how to ask the right questions. [06:54] How creators like Alex Hormozi are taking a community-based approach to coach by providing immense value for free. [08:31] That’s it for today! Let us know what you think of the last few episodes when you review this podcast! [08:48] Go to https://www.marketingschool.io to learn more! Links Mentioned in Today’s Episode: Reboot Jerry Colonna on LinkedIn Acquisition.com Alex Hormozi on LinkedIn Leila Hormozi on LinkedIn Subscribe to our premium podcast (with tons of goodies!): https://www.marketingschool.io/pro Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Neilpatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Welcome to Marketing School, the only podcast that provides daily top-level marketing tips and strategies from entrepreneurs that practice what they preach and live what they teach.
0:11.5	Let's start leveling up your marketing knowledge with
0:14.0	your instructors Neil Patel and Eric Sue.
0:20.1	Today we are going to talk about whether or not you should hire a coach.
0:25.0	So, Eric and I probably have two different perspectives on this.
0:29.0	I'm more of the no. I'm pretty much actually I'm a no.
0:32.0	Neil calls it hocus pocus. Neil it's a no for sure for a deal.
0:35.6	Yeah and I know Eric hires quite a bit of coaches so I know it's a yes on his end.
0:40.6	So you want to go with your perspective first or you want me to go? You go first.
0:46.1	So here's the thing. There's a lot of people who can quote unquote try to provide value. I think the biggest issue I have, like, I'll give an example,
0:55.9	Eric has an agency coach, right? Can we talk about that Eric or no?
0:59.7	He's not an agency coach. I would, so do you want me to describe who he is first? Yeah go for it. Okay. Yeah, so he's a former
1:06.4	VC who did a lot of investing with Fred Wilson and Bradfeld so he's pretty accomplished. He's more of like he kind of straddles a line between business and like therapy for me so
1:19.9	Yeah, but there was also someone you end up working with that helped you with agencies who sold the agents. Oh yeah, okay, okay. So yes, why don't you start on that one first? Go ahead. Yeah, so there was this guy that was giving me Eric feedback. He was coaching him on agencies, and he was just like,
1:35.0	yeah, had an agency sold it to a really big holding company
1:38.0	that's publicly traded and probably worth over $10 billion,
1:41.1	as in the company who he sold to not the value of his company and I was just like why would you pay this guy?
1:47.6	Because if you were super successful why would he want money per hour?
1:51.3	All that meant is he probably didn't sell his agency for as much as he
1:55.1	claimed or wanted to allude to and I'm not I don't know who that person is so I'm not
2:00.5	saying he was pushing on that but it doesn't make sense if you're so
2:03.5	successful with your agency why would you go and start coaching the same with the
	...

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