Ep #279: 156K in 12 Months to 128K in 3 Months by Result Focused Investing with Megan Wing
May 1, 2024
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Business coach Megan Wing shares her journey from making $156K last year to $128K in just 3 months. She discusses aggressive investing in your business, the core tenets of running a successful coaching business, the importance of community, and tracking data.
Track progress to reinforce client achievements and maintain motivation in coaching relationships.
Strive for financial independence through business efforts to empower women and promote financial stability.
Embrace radical responsibility for business results, focus on controllable factors, and drive intentional growth through strategic planning.
Deep dives
Tracking Progress and Maintaining Client Accountability
The importance of tracking progress in coaching relationships was emphasized, ensuring that clients are aware of their development and wins. By regularly reviewing progress, coaches can combat the tendency of individuals to forget their achievements, helping clients maintain motivation and see tangible improvements in various areas of their lives. Monitoring measurable results, such as increased confidence or reduced anxiety, enables both coaches and clients to appreciate the impact of coaching interventions on personal growth.
Empowering Financial Independence through Business Success
The significance of achieving financial independence through business endeavors was highlighted, particularly for women striving for autonomy and stability. Personal experiences underscored the transformative power of generating income independently, leading to self-reliance and decision-making based on financial strength. Encouraging women to establish financial stability through business pursuits aims to create a positive societal shift by empowering individuals to secure their future and make choices driven by financial autonomy.
Taking Ownership of Results and Strategic Action for Business Growth
The podcast guest's approach of taking radical responsibility for results and identifying controllable factors for business success was emphasized. By diving deep into processes, recognizing areas of influence, and maintaining active accountability for outcomes, significant growth opportunities emerge. Encouraging intentional thought creation and strategic planning enables individuals to harness their power and drive exponential progress in their business endeavors.
Importance of Surrounding Yourself with Supportive People
Surrounding yourself with people who believe in you and support you unconditionally can significantly impact your success. By investing time and energy in relationships with individuals who see your potential and encourage you to think bigger, you can gain confidence and embrace leadership roles. Creating a supportive community where vulnerability is accepted and where individuals uplift each other can contribute to personal and professional growth.
Shift in Mindset Towards Service and Legacy Building
Shifting your mindset from self-focused to serving others can be transformative in your business journey. Focusing on creating a positive impact and making a difference in people's lives, rather than solely on personal success, can lead to greater fulfillment and sustainable growth. By viewing your work as a means to serve and uplift others, you can establish a legacy built on empathy, support, and genuine connections, ultimately fostering a sense of purpose and success.
Megan Wing is a business coach for entrepreneurs and the creator of the Six Figure Systems framework. Coaching helped solidify and up-level her self-concept as a CEO, and she’s learned valuable lessons along the way about what it means to be in business. She went from making $156K all of last year to making $128K by the end of this first quarter, and she’s here to give you a masterclass in all things entrepreneurship.
We explore the importance of aggressively investing in your business and how she made hitting six figures statistically inevitable. Megan is sharing her thoughts on the core tenets of running a successful coaching business, the importance of having a community on your journey, and why tracking data is one of your biggest responsibilities as a coach.
If you want to start making serious money as a coach, you need to check out 2K for 2K. Click here to join: https://staceyboehman.com/2kfor2k!
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