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I heard:
Those that can, do; those that can't, go into management.
Those that can, do; those that can't, go into management.
Biz Coach Or A waste Of Money????
- Thread starter nevets24
- Start date
Yeah, I heard that quote before too. lol
But don't we all have to get into management of some sort or another at one time or another? At least in self-management. Time management.
I know I'm not very bright , but if someone makes a living with or without a title ... if they seek leadership , responsibility, and position they will either be estemed or attacked.
It is easy to attack them because they make themselves a target.
It is more difficult to gain favor because so many want the same thing.
If you want a Coach then go for one who delivers RESULTS you are after.
You can most likely get what you want on the budget you have.
Do more research.
The best thing you may find about a Coach is that he/she can promise to cut the curve in your profitability.
Your most expensive assett is time. Put it on your side or it will be against you.
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I have also seen this: Find a mentor (MDRT or such) that you aspire to similar results, who will work with you on split cases where you make the appointment and they close the case. You will learn by watching a master at work, and make money doing it. No theories, no up front fees, classroom is the field. You will watch someone who CAN do what you aspire to do, actually do what you aspire to do, and make money on the spot (your split). They are difficult to find (I have yet to find one that is both able and willing).
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There are two good reasons to use a Business Coach. If you need help with both, a good Business Coach can be a good move:
1. A good Business Coach will help you create a legitimate Business Plan. The #1 reason so many businesses (of all kinds) fail is that they didn't plan. Not only will a good Business Plan show you precisely what you need to do and when, it may show you that you shouldn't be trying the business in the first place. Better to learn that now than when your credit cards are maxed out and you're desperate.
2. A good Business Coach will then stay on you to insure that you, in fact, follow your Business Plan. It's easy to get lazy, to stray from your plan, to put stuff off until later. Then, almost invariably, you find yourself completely lost. The Coach (if he/she is good) will meet with you regularly to make sure you're staying on task.
If you need these two qualities, a good Business Coach can save your butt. Just be sure to get references, preferably from someone in the services industries.
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1. A good Business Coach will help you create a legitimate Business Plan. The #1 reason so many businesses (of all kinds) fail is that they didn't plan. Not only will a good Business Plan show you precisely what you need to do and when, it may show you that you shouldn't be trying the business in the first place. Better to learn that now than when your credit cards are maxed out and you're desperate.
2. A good Business Coach will then stay on you to insure that you, in fact, follow your Business Plan. It's easy to get lazy, to stray from your plan, to put stuff off until later. Then, almost invariably, you find yourself completely lost. The Coach (if he/she is good) will meet with you regularly to make sure you're staying on task.
If you need these two qualities, a good Business Coach can save your butt. Just be sure to get references, preferably from someone in the services industries.
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I guess with everything in this biz it comes down to ROI! Spend a few grand on a coach and hope they teach you something that helps you to become a better agent, or spend a few grand on leads and hope you learn from your mistakes and get better. Either one, you pick, you can argue either way but one way you are making money the other you are paying...even a monkey gets lucky!
I would not recommend spending a few thousand dollars to start working with a Coach . Just in case you are about to get carried away.
Not based on this thread.
Some Coaches may be worth it easily, but the original posting doesn't strike me as ready for that, or needing that, or benefiting from that much investment to begin the search.
Throwing around a figure of thousand(s) of dollars with no value built in the context doesn't bring credibility needed to charge such an amount. The question stated uncertainty of what the Coach would even do.
That would mean way too big a leap is needed to even consider parting with thousand(s) of dollars in my opinion.
Now, if you want to throw a few thousand(s) my way for the best Coaching you ever received guaranteed , then by all means start throwing money my way. For real Results only. Pay no attention to the cautious note above.
Not based on this thread.
Some Coaches may be worth it easily, but the original posting doesn't strike me as ready for that, or needing that, or benefiting from that much investment to begin the search.
Throwing around a figure of thousand(s) of dollars with no value built in the context doesn't bring credibility needed to charge such an amount. The question stated uncertainty of what the Coach would even do.
That would mean way too big a leap is needed to even consider parting with thousand(s) of dollars in my opinion.
Now, if you want to throw a few thousand(s) my way for the best Coaching you ever received guaranteed , then by all means start throwing money my way. For real Results only. Pay no attention to the cautious note above.
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IF (and that is the keyword) you can find an ACTIVE TOP PRODUCER willing to personally mentor you one-on-one, it won't cost you a dime. (<-- there are many meanings in this sentence - THINK).
A while back I bought a license to work with an Advanced Planning company. It turned out through this process that the President led me to study Dan Kennedy and Gary Halbert (now deceased). Dan Kennedy's books have provided more down to earth business coaching than I probably could have gotten from any hired coach. He is (imho) the greatest living coach.
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For any sales training to work (that you pay for), it must be effective, affordable and have set forth realistic expectations.
ROI is the most important. If you pay $1000 on a coach and get one extra sale a week, even per month because of it, it's worth it, isn't it?
If you pay $1000 and you avoid struggling, and avoid wasting your money on things you don't need, and you start out selling well instead of getting discouraged, is it worth it?
There are serious deficiencies in this industry, too many agents don't know the following:
Does this relate to the high failure rate of new/existing agents?
If you feel it will help with your confidence, sales ability, and overall career, get a trainer, invest in books, go to seminars, do the opposite of what most people do, because statistically, most aren't successful, they're mediocre.
Just keeping it real!
ROI is the most important. If you pay $1000 on a coach and get one extra sale a week, even per month because of it, it's worth it, isn't it?
If you pay $1000 and you avoid struggling, and avoid wasting your money on things you don't need, and you start out selling well instead of getting discouraged, is it worth it?
There are serious deficiencies in this industry, too many agents don't know the following:
- How to qualify
- Products they offer
- The competitors product
- Underwriting
- How to respond to "objections"
- How to close
- What leads to get
- What tools are necessary
- What to expect
- What to avoid
Does this relate to the high failure rate of new/existing agents?
If you feel it will help with your confidence, sales ability, and overall career, get a trainer, invest in books, go to seminars, do the opposite of what most people do, because statistically, most aren't successful, they're mediocre.
Just keeping it real!
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