Lessons from a $34 Million-Year Coaching Business That Failed
Oct 18, 2024
auto_awesome
Discover the secrets to building a successful coaching offer that can fetch thousands. Learn how to align your business with your personal values for a more fulfilling entrepreneurial journey. Delve into crafting deliverables that truly resonate with your target audience. Insights from high-ticket coaching experts highlight the importance of creating offers that increase sales and impact. Get ready to transform your fitness business and stand out in the marketplace!
Success in business is best measured by personal fulfillment and alignment with values rather than just external achievements or numbers.
Identifying dislikes and establishing a clear vision significantly enhances decision-making and satisfaction in creating a successful business model.
Deep dives
Defining Success on Your Own Terms
Success in business should be defined by how you want to feel rather than solely by numbers or external validation. Creating a business that aligns with personal values allows for a fulfilling experience, emphasizing aspects such as financial security, autonomy, and enjoyment in daily tasks. The importance of understanding one's dislikes is highlighted, as it can lead to better decision-making when developing a business strategy. By reflecting on what one does not want, entrepreneurs can create a business model that fosters satisfaction and aligns with personal aspirations, ensuring their work is enjoyable and meaningful.
Designing a Business Around Clarity
Establishing a clear vision of both wants and dislikes is vital for building a successful business. This clarity helps in shaping various operational aspects, including marketing, customer engagement, programs offered, and pricing strategies, creating an enjoyable work environment. A systematic approach, like a 35-point checklist, can provide structured guidance, aiding entrepreneurs in identifying what they truly desire in their business. Returning to the core principles of personal fulfillment can shift the focus from external expectations to an authentic representation of one's professional journey.
In this episode of the Fitness Entrepreneur Podcast, host Phil Graham shares valuable insights on building your first four-figure offer, whether it be a $1,000 or $5,000 package. He emphasizes the importance of unpacking your expertise and crafting a well-presented set of deliverables that resonate with your target market. Phil introduces an upcoming no-nonsense training session scheduled for Wednesday, the 30th, aimed at helping listeners create or upgrade their high-ticket offers to increase sales and impact. He also references Sam Ovens, a notable figure in the high-ticket coaching space, who built a successful business before stepping away. Tune in to learn how to elevate your fitness business and become a dominant force in your marketplace. Don't forget to check the show notes for the training link!
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode