The podcast discusses the fear of leaving full-time jobs to become a coach or consultant, the importance of having a clear plan, and the essential steps to establish a thriving coaching business. It also emphasizes the need for expertise and a menu of coaching products for success.
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Quick takeaways
Creating a menu of products in a coaching business increases revenue potential and attracts diverse clients.
Coaching offers a career pivot for fulfillment, income, and freedom from exhaustive work schedules.
Deep dives
Importance of Creating a Menu of Products
When starting a coaching business, it is crucial to create a menu of products, just like any other business. Many coaches overlook this step and focus solely on selling their coaching services. However, by developing a menu of products, coaches can offer a range of options to cater to different client needs. For example, a coaching business could include group coaching programs for different income brackets, one-on-one business optimization services, and sales training. By diversifying their offerings, coaches increase their chances of attracting clients and generating revenue. Through market testing, coaches can gauge the demand for each product and adjust their menu accordingly.
Benefits of Career Pivot into Coaching
The podcast encourages individuals to consider a career pivot into coaching and highlights the transformative benefits it can bring. For those feeling drained or uninspired in their current careers, coaching offers an opportunity to make a meaningful difference while also earning a good income. The podcast emphasizes the potential financial success and the freedom that coaching can provide, such as avoiding exhaustive work schedules and working with clients of choice. By embracing coaching as a profession, individuals can experience a sense of fulfillment by helping others succeed and creating a more fulfilling work-life balance.
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Introducing the Coach Builder Limited Series and the Importance of a Menu of Products
Many people are afraid to leave their full-time jobs because they're not sure they could ever make it on their own as a coach or consultant. The stakes are too high. There's too much to learn. Where do you even begin in such a crowded marketplace? Here's the truth: coaches with a clear plan and who follow the right steps to grow their businesses survive. Coaches without a plan don't. Our new nine-part Coach Builder limited podcast series is here to walk you through those steps!
Just follow the Business Made Simple Podcast feed, and every Tuesday starting February 6th for nine weeks, host Donald Miller will unpack how you can start turning your expertise into a thriving coaching business. In this preview of an upcoming episode, Don breaks down the very first step you need to take to start this journey.
If you're ready to put an end to feeling undervalued at work and embark down the path to becoming a successful coach, don't miss the upcoming Coach Builder limited podcast series. Follow the Business Made Simple Podcast feed wherever you stream podcasts, and every Tuesday for nine weeks starting February 6th, you'll learn the essential steps to establish a thriving coaching business, allowing you to make more money by working less and build a career you love!