Discover the benefits of using inventory in a one-on-one coaching business, including setting terms and conditions for coaching sessions. Explore the importance of financial stability in pursuing personal and business growth. Learn how to build a waitlist for coaching sessions and manage inventory effectively as a coach.
The importance of setting and committing to an inventory as a means of achieving success and maintaining focus in a one-on-one coaching business.
The advantages of embracing a state of enoughness by defining and accepting one's inventory, leading to greater mental health and happiness.
The benefits of setting inventory for better time management, increased focus, and building confidence in serving clients within limitations.
Deep dives
The Power of Inventory as a Business Tool
The podcast episode highlights the importance of inventory in a one-on-one coaching business. The speaker emphasizes the benefits of defining and committing to inventory as a means of achieving success and maintaining clarity and focus. By setting specific hours and appointments as designated inventory, the speaker is able to prioritize clients and experience a sense of sufficiency rather than constantly pursuing more. The concept of a waitlist is also mentioned as a way to manage client demand and maintain a healthy workload. The speaker encourages listeners to find a balance between pursuing growth and ensuring personal well-being and boundaries.
Transforming from a State of Pursuit to Enoughness
The episode explores the shift from constantly pursuing more to embracing a state of enoughness. It highlights the drawbacks of always striving for more and the potential for dissatisfaction and burnout that can come from this mindset. Instead, the speaker advocates for defining and accepting one's inventory as a means to find peace of mind and build confidence. By focusing on what is currently available and committing to serving clients within those limitations, individuals can experience greater mental health and happiness.
The Benefits of Defining Inventory
The episode discusses the advantages of setting inventory and its impact on business operations. It emphasizes how having a defined inventory helps create structure and boundaries, allowing for better time management and increased focus. The speaker provides personal experiences of feeling more confident and present when working within a limited inventory. The importance of maintaining authentic values and avoiding fear-based tactics when pursuing growth is also highlighted.
Overcoming Resistance and People-Pleasing Tendencies
The podcast addresses the challenges of turning away clients and overcoming people-pleasing tendencies. It encourages listeners to embrace their current inventory and learn to set boundaries despite the fear of disappointing others. The speaker suggests building a waitlist or possibility list to manage client demand and maintain a sense of sufficiency. Examples of other successful individuals managing their inventory and pursuing growth grounded in enoughness are shared to inspire listeners.
Balancing Pursuit and Well-being
The episode explores the tension between pursuing more and maintaining personal well-being. The speaker shares personal experiences of stretching oneself too thin in an attempt to meet ambitious goals, which can lead to exhaustion and decreased effectiveness. The concept of a metaphorical 'day job' is introduced as a grounding mechanism to avoid overwhelm and burnout. The importance of prioritizing self-care, setting boundaries, and finding a balance between pursuing growth and maintaining a healthy workload is emphasized.
My practice is "full" for the first time in the nearly 15 years since I started coaching. This is true in spite of the fact that there've been periods in the past where I had many more clients than I'm currently serving. See, "full" is only possible when you establish an inventory that can become "sold out". And now that I'm "sold out", I'm in a position to share insights such as: the new level of confidence I feel (not surprising, but worth discussing), the impact on my 2023 business plans (including the fact that I'm planning at all, which I never do), and how I'm dealing with the inevitable pull toward "scaling".
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