The Difference Between: Mentorship, Coaching, Apprenticeship

I would like to explain the different consultation services, as we offer them at CMREI, and how we’ve evolved our offerings to meet student/investors demand and market changes.

When a student asks me for a private consultation, I immediately try to categorize their request into one of the following services:

a) MENTORSHIP: By definition, this is when I "demonstrate" to others how I do things that produce high results so they can copy me and duplicate the formulas and principles I use.

I offer mentorship events by flying a small group of students into Puerto Rico. I show them in detail how I acquired a portfolio of $50 Mil in commercial properties. I break down how I raise capital for my fund in California and how I reduce taxes legally and get investors to compound their returns. Then I wrap up by showing the group how I put it all together through safe and profitable business models that help others grow with me.

(Mentorship events cost $25K per person and they are held over a full 4-day period with tours of my properties and interactive presentations with feedback. We also end with a clear action plan and a Joint venture structure with each individual student – I offer these personally.)

b) COACHING: By definition, this is when Coach "tells" others what to do from a distance (as in over the phone) to give them a specific action plan, and/or follow up with them regarding the execution of an action plan by holding them accountable over a specific period of time.

I offer to coach to students who attended either my 3-day, live training or completed the 4-day intensive mentorship. We pair these students with a Coach who knows my systems and can hold them accountable. This is done based on a specific 90-day plan of action and a comprehensive review with regular feedback.

This method helps the students focus on execution and builds good momentum.

(Coaching programs vary in cost and they are usually completed over a 90-day period. Students who commit to this rigorous program end up becoming more productive and achieve a lot more in the following 12 months.) I offer these through qualified experienced Coaches who know my systems well and have shown profitable results in applying them.

c) APPRENTICESHIP: By definition, this is when I “involve” others in a successful business model with which I have a proven track record. It is the chance I give students to contribute based on their own efforts to add value as well as exchange value with other individual group members so everyone could grow together.

This is done usually up to a time when individual students are able to branch out on their own.

I offer an apprenticeship to students who want to become syndicators and real estate Fund Managers. I group them into a fund as co-sponsors with me. This way they can get started with the least amount of work, risk, and hassles. It is also a way for them to get paid for raising capital and building a clientele of investors with whom they can eventually branch out safely and profitably in the future.

(Co-Sponsoring Programs are $25K per person and they include the opportunity to learn how I draft the PPM creatively, how they can raise capital along with the opportunity to get paid a residual income based on the amounts they raise. They gain instant credibility with other investors and get a prior performance history with the SEC after 12 months in the fund with me.)

4) GUIDANCE: By definition, this is when “others want me to get involved” in their business model.

In this category, students want me to guide them to “do what

THEY WANT TO DO, not what I am already successful at doing.”

Here are some of the reasons why I usually decline such requests no matter the compensation:

a) Doing their business model would take me away from my focus and break my momentum regarding my own business models that are successful and producing millions in results. This waste of my time creates an opportunity loss that is hard to quantify and is unfair to those who joined me either as investors in my funds or as students in my mentorships, or co-sponsorships.

b) Much of my time and effort would be spent on analyzing the safety of their proposed business models so that I can find ways to mitigate their risk and exposure. To which they would get stubbornly resentful since they would insist on doing their own thing, in their own way. Obviously, if they were flexible they would’ve chosen my already up and running proven business models. Hence I know from experience, such relationships would not lead to much growth and could end up in revolt.

In conclusion: I do not offer such guidance for other people’s business models because from experience I try to avoid structures that are difficult to operate, automate, or scale.

In closing, there is a reason why my CMREI company has been in operation since 1999 while many other seminars and education companies have failed. It is simply because we walk the talk and create successful business models for others to grow with us.

It is no cheap shot when I say that many other seminar companies would probably sell you any guidance you need. Their programs are based on mass production and usually, the salespeople are professional speakers who travel full time so they have no focus or momentum on the real investments. Sadly also, the ones who do fulfill your mentorship or coaching requests, quite often do not have the necessary experience to guide you to avoid the risks that are inherent with the get rich quick schemes that promote high returns in as short of a period of time as possible.

Wishing you the best,

Cherif Medawar

Real Estate Hedge Fund Manager

Founder of www.CMREI.com