Originally Posted by insidemanpoker
This. Even if you end up paying 1000x more in profit sharing, it's a hell of a lot more profitable than losing. I also assume you don't make a lifelong profit sharing deal so it does have some finite time frame. On top of that, it sounds like a good lawyer commercial
They don't get paid until you get paid and that way all the incentives are well aligned on both ends.
I'd rather pay nanonoko 500k of my first million than pay some famous guy 1000hr and then keep breaking even if it meant I knew how to make a million $ after working with nano. Obviously that is extreme, but I also don't think he could teach me that overnight.
Nah best coaching deal is to make milestones per limits
Coaches who do this are usualy the only legits one outside of the massive sick good coaches.
No limits to hours of coaching, (skype, live or msn)
-50% up till 6000$ total profit
-40% 6000 - 14000$
-30% 14000 - 23000$
-20% 23000 - 35000$
-10% 35000$ untill coaching is finished.
that means the more you make the more the coach makes but the less % you give. Everybody wins.
He will make you move up faster, and you wont be counting your dimes on hourly
This is usualy good with a stake at 100-200nl for players who have potential to move up to 5/10