Why success is virtually guaranteed for one-on-one coaches.
Dec 6, 2022
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Explore the reasons for guaranteed success in one-on-one coaching, including the demand from human nature and advertising. Discover the allure of scalable income based on selling the promise rather than delivering results. Uncover survivorship bias in scaled training businesses and the importance of continuous practice. Reframe the inventory mindset and overcome challenges in one-on-one coaching by engaging with the target audience.
The consistent and inherent demand for one-on-one coaching ensures a sustainable field.
Training programs cannot match the desirability of direct one-on-one engagement with a trusted mentor.
Deep dives
The Demand for One-on-One Coaching
There is an inherent and consistent demand for the experience of one-on-one coaching. This is rooted in basic human desires for attentive, compassionate listening and guidance. The demand for this experience is unlikely to diminish over time, making it a sustainable field.
The Desirability of One-on-One Coaching
One-on-one coaching is inherently more desirable to clients than training programs. The promise of undivided attention and guidance from a trusted mentor is a fundamental human desire that never gets old. In contrast, training programs offer the connection to content or indirectly endorsed individuals, which is not as desirable as direct one-on-one engagement.
The Perceived Decline in One-on-One Coaching
Many coaches are lured away from one-on-one coaching by the promise of scalable training businesses, driven by advertising. This perceived decline in one-on-one coaching creates a relative deficit of supply, reducing the availability of excellent one-on-one coaching in the market.
Success in One-on-One Coaching
The path to success in one-on-one coaching involves practice, skills improvement, increasing influence, and growing demand. By staying committed to one-on-one coaching and increasing prices as demand rises, coaches can create a thriving coaching practice that guarantees long-term success.
I don't believe a person pursuing a one-on-one coaching business can fail unless they just stop trying. That's not naive optimism, either.
Human nature and market realities are on our side, and in this episode I'll do my best to convince you how hard it would be for you to fail.
I'm excited about this one.
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