Richmond Dinh explores why people keep hiring coaches after losing money to bad ones. The answer: if someone else succeeded, they think they can too, and once they pick a mentor, they stop questioning them. That blind faith leads to reinvesting again and again.
Chapters
You've even listened to other coaches who actually did not know what they were doing and they sold you an illusion and you got burnt many times, lost thousands of dollars, but yet you're still very coachable and not skeptical. So what's that about?
Well, just if someone else can do it, you can do it too. And I don't— I don't think that I'm making stupid decisions. Like, I think we all— like, if we find someone and we think that that person can help us, then you want to do what they say to do, right? So I found a mentor, several mentors, and I think, okay, I think this person is going to be able to help me. So past that point, why would, why would I keep questioning? Like, of course I'm going to keep reinvesting because it just, it doesn't make sense.