The Key to Building a Profitable Coaching Business: Standing Out in a Diluted Market - Yuri Elkaim : 278

In this conversation, Yuri Elkaim discusses his transition from being a health expert to helping coaches and health practitioners scale their businesses. He emphasizes the importance of clarity in coaching and the need to specialize in order to stand out in a crowded market. Yuri also challenges the misconception that fame and a large following are necessary for success. He shares his perspective on the role of paid advertising in building a business and the importance of investing in oneself. Finally, he highlights the power of coaching and mentorship in overcoming mindset issues and achieving success. In this conversation, Joel Evan and Yuri Elkaim discuss the power of coaching, the importance of community, and the trends for coaches in 2024. They also dive into the structure of the Healthpreneur program and the value of expertise and community in coaching.

Takeaways

✅ Specializing and clarifying your niche is crucial for standing out in a crowded market.

✅ Fame and a large following are not necessary for success; expertise and the ability to solve a specific problem are more important.

✅ Paid advertising can be a faster way to generate business results, but it requires knowledge and skill to be effective.

✅ Investing in yourself, whether through coaching or mentorship, is essential for personal and professional growth.

✅ Overcoming money mindset issues is crucial for building a successful business. Coaching helps individuals challenge their limiting beliefs and tap into their full potential.

✅ Surrounding yourself with like-minded people in a community of healthpreneurs is crucial for success.

✅ The Healthpreneur program focuses on attracting leads, converting clients, and delivering results.

✅ In 2024, coaches should focus on developing their expertise, building community, and making long-term decisions.

Timeline

04:15 Transition to Helping Coaches and Health Practitioners

07:26 The Importance of Clarity in Coaching

10:13 The Problem with Being a Generalist

19:24 The Misconception of Fame and Success

25:04 The Role of Paid Advertising in Building a Business

30:28 The Importance of Investing in Yourself

35:42 Overcoming Money Mindset Issues

39:01 The Power of Coaching and Mentorship

41:46 The Power of Coaching and Challenging Limiting Beliefs

43:19 The Importance of Community and Surrounding Yourself with Like-Minded People

44:00 The Healthpreneur Program and its Structure

48:53 Trends for Coaches in 2024: AI and the Importance of Expertise and Community

52:07 The Value of Community and Connection in Coaching

52:54 Where to Connect with Yuri Elkaim