How to decide on cut for profitsharing?
Posted by Burnz
Posted by Burnz posted in Mid Stakes
How to decide on cut for profitsharing?
Hey Guys I dont know if this thread should go here or not - so excuse me if its placed in the wrong forum :)
The thing is I am a midstakes grinder abi~30-35ish. I want to move up the stakes and have considered getting a coach (for the first time in my carrer). I have a contact with a coach which is considered among one of the best coaches in my country. I respect his game a lot and he has proven results both coaching and playingwise. Usually he charges 150-200$/h but that unfortunately is too much out of my current bankroll to take out to coaching - and I really dont want to jump much lower than now since I am very comfortable at this level.
Then he suggested that he could coach me for a part of my profit. Since I never done stuff like this before i have no clue how to decide what is fair. Fwiw I dont think he ever did a deal like this before either so we are both on new ground here.
Do you have any suggestions for how to find a solution that is fair for both parties? All inputs are highly appreciated :)
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