I’m sure the 25 year old multimillionaire entrepreneur/app creator/angel investor/life coach/online fitness coach working 4 hours per week from Bali is telling us everything…except for the $$ Mommy and Daddy are wiring every month 😃.

Seriously, why are there so many 25 year old life coaches?

Explain what you can tell me about overcoming adversity and growing a business when the economy has been on steroids your entire working career (3 long years)?  

Everybody wants to be Tim Ferriss minus the decades of grinding he did to get where he’s at.

This online coaching, life coach, etc. field is a HUGE bubble that is going to implode sometime in the near future.  When everyone and their mother is jumping into it, you should think about staying far away.  Because those people are jumping into it only to make money.  Like any other market correction, the bad will be exposed and get pushed out.  The good ones that grind and genuinely care about helping/bringing value to people will remain.

We should be thinking about creating new markets instead of over-saturating existing ones. Buying Facebook stock after it has increased by 1,000% is not a smart move.  What is a problem you have that others might share and how can you find a solution?  Too many people are thinking about how to help themselves instead of how to help others FIRST.

Shout out to all the hardworking online coaches that are have the principles down and are doing all the right things! 
 


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