Michael Spencer's Blog/I Wasted $25,000 on Marketing Coaching (So You Don't Have To)

I Wasted $25,000 on Marketing Coaching (So You Don't Have To)

Tuesday, November 04, 2025

Ten minutes ago, Jonny got another email from a marketing agency promising to "transform his business in 90 days." He's staring at the $5,000 proposal, wondering if this is finally the answer to his lead problem.

It's not.

I know because I've been exactly where Jonny is. And I've watched hundreds of business owners make the same expensive mistake.

The $25,000 Lesson That Changed Everything

In 2008, my brother-in-law and I both got into real estate investing. I did what most "smart" business owners do—I invested in education. I took out a loan and signed up for a $25,000 coaching program. Two years. The best instructors. Proven systems.

My brother-in-law? He had no idea what he was doing. He'd been to one weekend seminar and spent his days sitting in the county records office, fumbling through documents he barely understood.

I knew WAY more than he did. I could explain every strategy, every technique, every legal loophole. I was the expert.

But you know what I wasn't doing?

Sitting in the county records office looking up documents.

I was too busy learning how to look them up to actually do it.

Meanwhile, my brother-in-law—the guy who knew nothing—purchased 50 properties using other people's money and became a millionaire.

I washed out. It took me two years to pay back that $25,000. Two of the roughest years of my life.

The Agency Trap That's Bleeding You Dry

Here's what happens when Jonny hires that marketing agency:

Month 1: Agency says his website is the problem. Builds a shiny new site.
Month 2: Adds SEO blog posts no one reads and social posts no one likes.
Month 3: Shows him a report full of clicks, impressions, and reach.

Jonny asks, "But where are the customers?"

Agency answer: "We just need more time."

After 90 days, the money's gone. The results are weak. The contract isn't renewed.

Sound familiar?

The Hard Truth About Action vs. Education

The coaching program I invested in was incredible. The instructors were legitimate. The strategies worked.

But I failed because I confused learning with doing.

Jonny, if you're reading this, ask yourself: Are you already taking massive action on lead generation? Are you testing offers, running ads, following up with prospects within 5 minutes?

Or are you like I was—so busy learning about marketing that you're not actually marketing?

What Actually Works (20-Minute Leads)

After years of expensive lessons, here's what I learned works:

Step 1: Your First 5 Leads

• Craft one attraction offer
• Drop it into a simple ad template
• Target locally
• Capture leads with a basic form

Step 2: 5-Minute Follow-Up

• Set up instant lead notifications
• Respond within 5 minutes (call, text, or message)
• Accept that not all leads will buy—and that's normal

Step 3: The Money Ladder

• Use the attraction offer to bring people in
• Upsell into a core offer with margin
• Add continuity (retainers, memberships, subscriptions)
• That's it. No $5,000 agency. No 90-day contracts. No vanity metrics.

The Question That Changes Everything

Before you hire anyone, ask yourself this:

"Am I already taking massive action, or am I hoping someone else will take action for me?"

If you're already running ads, following up fast, and working your leads—then yes, coaching or agencies can add fuel to your fire.

But if you're sitting in your truck after another quiet day, checking your empty inbox for the hundredth time, wondering "What if this is as far as I'll ever get?"—then you don't need more education.

You need to start taking action.

Your Next Move
Stop waiting for the perfect system. Stop looking for someone else to save your business.

Your competitor's parking lot is full not because they found the perfect agency. It's because they started taking action while you were still learning.

20-Minute Leads isn't about outsourcing responsibility. It's about taking command of your own growth.

Because in your world, Jonny, growth isn't about finding the right expert to hire.

It's about becoming the operator your business needs you to be.

Podcasts

  • EP 1. UNVEILING SUCCESS WITH MIKE​​ SPENCER
  • EP 2. THE JOURNEY TO SUCCESS
  • ​​​EP 2. UNDERSTANDING GDP AND ​SLOW ECONOMIC GROWTH

FREE Facebook Ads
​Training

Learn to develop effective Facebook campaigns and maximize your Facebook Ads

Michael Spencer's Blog/I Wasted $25,000 on Marketing Coaching (So You Don't Have To)

I Wasted $25,000 on Marketing Coaching (So You Don't Have To)

Tuesday, November 04, 2025

Ten minutes ago, Jonny got another email from a marketing agency promising to "transform his business in 90 days." He's staring at the $5,000 proposal, wondering if this is finally the answer to his lead problem.

It's not.

I know because I've been exactly where Jonny is. And I've watched hundreds of business owners make the same expensive mistake.

The $25,000 Lesson That Changed Everything

In 2008, my brother-in-law and I both got into real estate investing. I did what most "smart" business owners do—I invested in education. I took out a loan and signed up for a $25,000 coaching program. Two years. The best instructors. Proven systems.

My brother-in-law? He had no idea what he was doing. He'd been to one weekend seminar and spent his days sitting in the county records office, fumbling through documents he barely understood.

I knew WAY more than he did. I could explain every strategy, every technique, every legal loophole. I was the expert.

But you know what I wasn't doing?

Sitting in the county records office looking up documents.

I was too busy learning how to look them up to actually do it.

Meanwhile, my brother-in-law—the guy who knew nothing—purchased 50 properties using other people's money and became a millionaire.

I washed out. It took me two years to pay back that $25,000. Two of the roughest years of my life.

The Agency Trap That's Bleeding You Dry

Here's what happens when Jonny hires that marketing agency:

Month 1: Agency says his website is the problem. Builds a shiny new site.
Month 2: Adds SEO blog posts no one reads and social posts no one likes.
Month 3: Shows him a report full of clicks, impressions, and reach.

Jonny asks, "But where are the customers?"

Agency answer: "We just need more time."

After 90 days, the money's gone. The results are weak. The contract isn't renewed.

Sound familiar?

The Hard Truth About Action vs. Education

The coaching program I invested in was incredible. The instructors were legitimate. The strategies worked.

But I failed because I confused learning with doing.

Jonny, if you're reading this, ask yourself: Are you already taking massive action on lead generation? Are you testing offers, running ads, following up with prospects within 5 minutes?

Or are you like I was—so busy learning about marketing that you're not actually marketing?

What Actually Works (20-Minute Leads)

After years of expensive lessons, here's what I learned works:

Step 1: Your First 5 Leads

• Craft one attraction offer
• Drop it into a simple ad template
• Target locally
• Capture leads with a basic form

Step 2: 5-Minute Follow-Up

• Set up instant lead notifications
• Respond within 5 minutes (call, text, or message)
• Accept that not all leads will buy—and that's normal

Step 3: The Money Ladder

• Use the attraction offer to bring people in
• Upsell into a core offer with margin
• Add continuity (retainers, memberships, subscriptions)
• That's it. No $5,000 agency. No 90-day contracts. No vanity metrics.

The Question That Changes Everything

Before you hire anyone, ask yourself this:

"Am I already taking massive action, or am I hoping someone else will take action for me?"

If you're already running ads, following up fast, and working your leads—then yes, coaching or agencies can add fuel to your fire.

But if you're sitting in your truck after another quiet day, checking your empty inbox for the hundredth time, wondering "What if this is as far as I'll ever get?"—then you don't need more education.

You need to start taking action.

Your Next Move
Stop waiting for the perfect system. Stop looking for someone else to save your business.

Your competitor's parking lot is full not because they found the perfect agency. It's because they started taking action while you were still learning.

20-Minute Leads isn't about outsourcing responsibility. It's about taking command of your own growth.

Because in your world, Jonny, growth isn't about finding the right expert to hire.

It's about becoming the operator your business needs you to be.

Podcasts

  • EP 1. UNVEILING SUCCESS WITH MIKE​​ SPENCER
  • EP 2. THE JOURNEY TO SUCCESS
  • ​​​EP 2. UNDERSTANDING GDP AND ​SLOW ECONOMIC GROWTH

FREE Facebook Ads
​Training

Learn to develop effective Facebook campaigns and maximize your Facebook Ads

© 2024 Michael Spencer  |  Terms & Conditions ∙ Privacy Policy

© 2024 Michael Spencer   |  Terms & ConditionsPrivacy Policy