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Updated 7 months ago on . Most recent reply
![Sylvester Hardison's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2910564/1706079876-avatar-sylvesterh10.jpg?twic=v1/output=image/crop=569x569@0x26/cover=128x128&v=2)
Question regarding Paid Mentorships
I debated making this post. However, I am curious to get input from those who have experience in investing. I started researching and investing in January 2024 and purchased my first investment property in March 2024. While continuing to do research, I have been sent emails and attended webinars where they offer paid mentorships. The question for seasoned investors is, are mentorships worth their cost, or is doing your own research just as good? If you support mentorships and would like to suggest one, please do and I will look into it. Thank you
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- Cody, WY
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Quote from @Sylvester Hardison:
David Greene has talked about this quite often. Too many people sign up for a coach thinking it will make their growth easy. The opposite is true.
Is it a good idea to hire a basketball coach so you can be a better player? Absolutely! Is it easy? Absolutely not! If they are a good coach, they will have you drilling fundamentals every day, watching everything you eat, studying the rules and strategies, lifting weights, and more. You will get better, but it will involve a lot of time and energy to get there.
Investing is the same. There are great coaches, and there are really bad ones. If you find a good one, you'll pay with your time, energy, and money. 99% of all investors would be better off reading some books, networking, and growing at their own pace. Coaches are for people like Brandon Turner that want to put all their resources into rapid growth to build an empire.
- Nathan Gesner
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