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The Business of Authority

Consulting vs. Coaching

Mar 1, 2024
The podcast delves into the differences between consulting and coaching, highlighting the spectrum in between. The speakers share their personal journeys and reflections on client transformations. They discuss the nuances of advisory retainers, transitioning between coaching and consulting, and the hybrid nature of executive coaching for Fortune 500 companies. The focus is on client engagement and guiding transformations effectively.
41:24

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Quick takeaways

  • Transition from consulting to coaching involves a shift from expertise-driven solutions to guiding clients towards self-realization and change.
  • Business transitions from consulting to coaching entail revenue model evolution with pricing structures catering to wider audiences.

Deep dives

Consulting Versus Coaching: Differences in Business Approach

Consulting and coaching present stark differences in business approaches, as highlighted in this episode. The speaker discusses transitioning from a mobile consulting business to a coaching business and delves into the distinctions. In coaching, the focus shifts from B2B to a more B2C engagement, where clients make solo decisions involving personal investment. Coaching emphasizes transformation and mindset changes in clients, contrasting with consulting's more business-oriented solutions.

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