Ibrahim Bashir and others argue that online mentorship marketplaces are really paid coaching services. The low barrier to calling yourself a coach has flooded the market with noise, making it hard to find genuine value. Being selective matters because you're investing both money and time.
What's your take on like what works about them and what doesn't work about them? And what do you think an ideal solution would look like?
Yeah, well, first of all, based on the definition that I gave at the beginning between the coaching and advising, I would define those marketplaces more as coaching marketplaces, even if they want to call themselves mentoring marketplaces, because ultimately they are charging money. It's a transaction, right? I'm paying money to have someone talk to me. So there's so many companies trying to do that and probably too many. And that what that generates is too much noise. There's a lot of people who call themselves coaches because these days becoming a coach is just saying that you are a coach, right? Or signing up for one of these, these platforms and power to you, you know, like if you, if you really think that you have something to give and that works, I'm not saying that that's bad, but I'm not a fan of those approaches. I think it's very important to be selective because ultimately either if you pay or not, you are also investing time, you're putting your soul into someone, right?