

420. Is Coaching the Career for You?
Sep 4, 2025
The booming coaching industry is often misunderstood, facing skepticism around legitimacy and pyramid schemes. This discussion clarifies common myths, highlighting the low startup costs and flexible nature of coaching careers. Listeners learn about the necessary skills for success and how to determine if coaching aligns with personal strengths. Excitingly, there's a program designed to help aspiring coaches explore their potential and prepare for a fulfilling journey in this profession.
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Coaching Is Not An MLM
- Coaching is structurally nothing like an MLM because it has no product downline or built-in percentage payouts to recruiters.
- Paying for coach training is a one-time education expense, not an ongoing levy on future earnings.
Kara’s Training Investment Payoff
- Kara paid roughly $20,000 for coach and master coach training a decade ago and never paid her trainer percentages of her revenue afterward.
- Since then she reports making about $26 million in coaching revenue without ongoing payments to that trainer.
Coaching Isn’t An Investment Scam
- Coaching isn't a pyramid scheme because it doesn't use new investor money to pay returns to earlier participants.
- The common worry mixes up coaching business models with illegal investment fraud, which are distinct.