Saw a post today about a girl being a “pet psychic” who is apparently super successful. Wondered what other examples are out there.
Saw a post today about a girl being a “pet psychic” who is apparently super successful. Wondered what other examples are out there.
Any Instagram “coach” especially business coaches who literally have no business
No lie I saw a business coach for coaching businesses.
There is a whole, multi-million dollar industry, revolving around coaches teaching other people how to become coaches in order to teach other people how to become coaches.
I’m not even joking.
I wouldn’t have believed you - except that I’ve seen exactly the same thing in the permaculture world. People pay incredible sums for teachers lineage with their Permaculture Design Courses, in those courses people pay to learn farming ideas that only work with massive amounts of labour, and usually the courses involve giving a heap of free labour to the teachers project.
It happens in endless industries.
I once met a guy in his 20’s at an event, dressed in summer clothes in the middle of a brutally cold winter at night for some reason, who told me within the space of 15 minutes he was both a “life coach” who taught other life coaches to that he was collecting unemployment benefit.
I’m not sure what type of life experience he had to share but I wasn’t interested in hearing it.
You know, I feel like “life-coach” is such a nice idea in theory. There’s so many people who would just love help getting their shit together or need help working through their unskillful behaviour. It just sounds so intuitively useful, but I don’t think I’ve ever met a life-coach who gave any real value to their clients, and they all just strike me as so pretentious and miserable.
Maybe it’s actually work that should be done piecemeal from a range of different people, usually for free - friends, parents, therapists, peers, partners, workplace mentors etc.
I guess the problem is the absurdly broad scope and the commercialisation of something that is so personal and lifelong.
Why do you think “life-coaching” attracts the people it does?
Most are faking their success.
Their business is selling their “course” to the suckers who don’t realize with just a bit of effort they can find better & completely free information online. Heck their “customers” can build the exact same, likely much better, “course” themselves with ChatGPT & a day of effort.
Now the real trick is getting enough suckers so you can start buying real estate, or other income producing assets, then turn around and create courses on how to become a millionaire buying real estate. Now you have two income streams, selling "courses and real estate. And then start using your “success” to lead some real estate syndications to put a minimal amount of your capital at risk to maximum you return potential, utilizing advantageous profit splits, leverage & other suckers money to bump your return, not to mention the sweet sweet fees you earn.
How much is your course?
There’s always something free available now, or with a countdown timer to make up pretend obsolescence, that way I have your info. Now it’s time for the upsell. Once you spend the first $1 I’ve got my hook set, it’s all about reeling you in for the upsell. It’s the same formula across the board.
Even if you were willing to pay $10k for my “course”, and sadly there are many more expensive than that, I wouldn’t take your money. I would rather find some free resources and point you in the right direction than waste any time creating a “course” or taking advantage of people.
You just described Kyle Goldie to a T, lol
He is in my Facebook feed all the time.
To be fair - time is money. For some, spending 6 hours on a course and then get to it is worth more than trying to piece together 50 hours of content.
Any job “coach” seems ridiculous to me. If you can do it that well, then what the heck are you doing coaching?
So just any coach in any domain?
Coaching and guiding someone is a different skillset then leading and running a business. They’re basically a mentor/consultant for hire
This is crazy. We all do what we are best at or enjoy the most in one way or anothrr
Maybe they could run a business, 50 hours a week, but they’d prefer to help 5 businesses 6 hours a week each?
They may have a skillset where they can effectively produce the most marginal value in those fewer hours with each business. In that case it makes sense to repeat that multiple times rather than spending all your time immersed in one project
I’ve said for years that when I retire, I’m becoming a “get out of my life coach” and call it Shiny Spine Coaching. I’ll help folks get rid of relationships that don’t serve them anymore.
I think there are legit coaches who have acheived success in whatever field and then realise they are better skilled at the teaching aspect AND (and this is the big one) can make more money coaching the 100s / 1000s / millions / whatever of people out there who want to learn the skill than they can by just doing the skill / business themselves.
Think about it, if you do the skill / business / whatever yourself you’re limited to your own resources, time, money, team etc but if you then document your knowledge and skills into a course or membership etc you just have to create that once then can sell it infinitely without having to constantly put all the work back into it, so it does kinda make sense in some instances.
There are many legitimate coaches. If you had success but no longer want to work as much in the field. Or if you want to make more money, you can coach. Plus it’s rewarding helping others, plus you get paid for it.
I can coach.
Good coaches are in demand. Football coaches, baseball coaches.
I like coaching. Teaching. Why can’t I do something I actually love to do?
For sports coaching, you don’t even have to be good at the game - Bill Walsh led the San Francisco 49ers to a bunch of Superbowl victories in the 1980s, and he sucked at playing football, for example. Just because you can’t do it well, doesn’t mean one can’t coach/teach well, and actually have valuable information.
Being able to teach is a completely different skill than doing it.
There is a need for coaches, otherwise that word wouldn’t even exist.
We all have had great teachers, and shit teachers. Some coaches are shit, some good.
And of course, the coach has to know the material and how to apply it.
I could explain more, but I think you take my point.
And to repeat, I AM making a distinction between people who don’t understand and know the material, vs people who do understand the subject matter and are not just regurgitating what others say, and actually can think and synthesize and formulate and systematize and write interestingly and all that.
I’ve been paid to coach, some stay with me for years. They are NOT stupid people that I coach. They pay me. They get value.
Failed at selling real estate
Kids just graduated high school
Takes 1, 4 hour class and is a life coach
Scamming is a business
I’m a Reddit Coach- AMA*! (*Actual AMA session requires a fee)
I have a Facebook “friend” that does this and I’m so confused by what she does. It seems like an MLM where people who are also “coaches” just buy other coach’s classes, but I don’t think anyone on the outside is buying they’re doing.
Oh that 100% exists. They are basically earning a referral fee, but there are all types of wild structures, you dream it and it’s being done. Many people are even giving the “successful coaches” an ownership or profit interest in their company in return for their “help”.
Omg I know a guy like this. He’s trying his best to appear a perfect good citizen on the outside. But his “business” is scammy and he cheats on his wife🤷♀️