Episode 8: Calculating ROI When Paying a Mentor

In today’s episode I’m going to get vulnerable and tell you exactly how much I’ve paid certain mentors over the years as I’ve built my professional practice, and exactly how I evaluated whether I received any return on my investment in those mentors.

Plus, I’m sharing an excerpt of a call with my business mentor, Greg Hickman, which inspired exactly the topic of today’s episode.

How I calculate ROI might surprise you because I don’t use spreadsheets, despite how much I love Excel. Discover how I do it instead…

  1. 1
    [01:56] The first investment I ever made in my business and how much I paid
  2. 2
    [02:42] How I personally calculate ROI on an investment in a business coach or mentor
  3. 3
    [05:11] Whether I got a return on that first investment
  4. 4
    [07:26] The golden nugget from my second big investment
  5. 5
    [09:19] My current business mentorship program
  6. 6
    [09:47] An excerpt of a one-on-one call with my mentor, Greg Hickman, Founder & CEO of System.ly, where I’m put on the spot about how I think about ROI (this call inspired today’s podcast episode!)

If you’ve ever invested in your business before and aren’t sure if it was a good call, or if you’ve never invested and you’re wondering how you make the right choice, this episode is for you.

SHOUT OUT LINKS:

Greg Hickman, Founder & CEO of System.ly
profile-pic

I'm excited to see what the future brings because I know I have a system in place to handle a good portion of it. Bonnie and her team are incredibly helpful and I can tell they care about doing a great job and providing really great service. That's huge. I want that!

Kristen Boone

About Bonnie


Through her signature course, the Educate To Engage Program, Bonnie teaches and inspires professional service providers to build a practice that serves them, not the other way around.


With her own experience in the trenches as a professional service provider trying to build a successful practice, Bonnie proves that by embracing education of prospects before the free consultation, professionals can bypass years of cash flow problems and hamster-wheel frustration. Instead of practical radio silence between the time of scheduling and the time their prospect shows up, professionals can leverage a proven system to educate prospects in advance, transforming them into raving clients just about every single time they use it.


Check out Bonnie’s message reserved exclusively for professional service providers who want to streamline the process to turn prospects into raving clients, and who want to move closer to a business that grows faster than ever without adding more hours to their work schedule...

>