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- If it promises guaranteed income, large returns, or a “proven system,” it’s likely a scam. Even a free or low-cost “system” to get your business started can quickly turn into a money pit — costing you tens of thousands of dollars for mentoring or other services that promise to increase your business’s success but leave you deep in debt instead.
consumer.ftc.gov/articles/when-business-offer-or-coaching-program-scam
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Feb 7, 2024 · Many people turn to life coaches in moments of crisis. Some find what they're looking for in these programmes – but others find disappointment, even scams.
Life coaching is an unregulated field, meaning anyone can claim to be a life coach without formal training or credentials. This lack of regulation raises concerns about the quality of services...
Dec 15, 2022 · Make no mistake. There is a genuine scam in the life-coaching industry. However, every industry has scams including the largest financial institutions in the world, that we all trusted (think the real estate crash of 2008 with Bernie Madoff or Enron). But it’s not what you might expect….
CBC Marketplace producers went undercover to investigate the unregulated business of life coaching. We found some coaches are offering mental health advice t...
- 22 min
- 294.1K
- CBC News
Sep 18, 2018 · A coach may not handle his financial responsibilities at all but perform “abundant life” by spending ridiculous money on his coach, fancy clothes and an enviable lifestyle for Instagram...
Nov 11, 2023 · Sana Qadar: But life coaching is an unregulated industry, and that means anyone from a legitimate coach to a so-called mindset mentor or spiritual healer or influencer can call themselves a life ...
Feb 26, 2022 · But a hidden-camera investigation into the business of life coaching by CBC's Marketplace found that some coaches are doing more than just helping people meet goals — they're offering advice...
