Business Investment Mistakes That Suck You Dry

Investing in your business is a fact of life. It can help you
learn, grow and be a better coach.


 


But what if when you need advice, consulting, training or
something else, you fork over an enormous amount of money only to
have it not work out the way you wanted? OUCH.


 


This season of the Coach Pony Podcast, it’s all about mistakes. I
teamed up with Bobbi Palmer from  Date Like a Grownup to
give you the lowdown on our biggest mistakes and lessons learned,
so you don’t have to learn the hard way.


 


Today, we’re talking about business investment mistakes. From
spending money to get good advice that your business just isn’t
ready for, to signing up for a program because someone you look
up to did it, making mistakes in business investments can put you
deep in the red and take time to recover from, financially and
emotionally. And these mistakes happen to all of us.


 


Of course, we hope by sharing some of our stories we’ll keep you
from making the mistakes we did. But if you do? Give yourself
some grace. You are not alone, my friend.


 


Listen to the full episode to hear about:


Why you need to be clear on the return on investment before
you write the check

How to step back and evaluate any additional investments that
may be required to get to the real total cost

Why spending a ton of money on training or programs can be a
bad idea for new coaches

Three big pieces of advice for making business investments



 


To learn more about Bobbi Palmer:


Date Like a Grownup

Facebook: @DateLikeAGrownup



 


To learn more about Christie Mims:


Build a Real Business

Coach Pony

Instagram @christiecoachpony



 


If you have some chocolate worth reviewing on the show, we are
easily bribed!


 


You can send it to us at: Christie Mims, 3630 High Street,
#19286, Oakland, CA 94619