Ben Simpson argues that investing in coaches and mentors is one of the most effective ways to accelerate personal and business growth. He gives concrete examples of paying nearly $100,000/year for one mentor with rapid ROI, smaller payments to other mentors (marketing, running coach, psychologist), and positions his Collective Shift program as a way to fast-track results—"a buyer's agent for crypto."
Chapters
One of the biggest hacks I have found in life is paying for coaches and mentors to help me achieve the thing that I want to do faster, quicker and cheaper. It may feel like a big investment up front, but honestly, the biggest returns that I've ever made is from investing into coaches and mentors. I recently paid close to $100,000 a year for a guy that I work with. I was over in Miami to help me on some parts of my business, and I have literally returned hundreds of thousands of dollars in the first two or three months from working with him. I've got another mentor in the marketing space, paid him thousand dollars. I have a running coach, I have psychologist, I have business coach, performance coach. I have all sorts of different things that I need help with, I want to be better at. I pay to get support is exactly what we do with our program and collective shift. I wanted to build a program where if people wanted to fast track the results, they didn't want to do all the work themselves and they wanted to get the results sooner without making all the mistakes everyone else does. Then the collectorship group can support with that. Think of it like a buyer's agent for property. We are that for crypto.