Identify the problems your specific customers might have by creating a list of 20 items through gut instinct and conversations. Engage with people to understand what challenges they face, rank the issues to come up with the top 10 problems that your customers are dealing with.
Taking the leap from a stable career to start a coaching business is a monumental decision that can be fraught with uncertainty. The biggest hurdle is usually the fear of financial instability. This worry keeps thousands of potential coaches on the sidelines, trapped in careers that don't fulfill their passion or potential. So how do you navigate the career transition without compromising your ability to provide for yourself and your loved ones?
In the second part of our Coach Builder limited series, host Donald Miller dives into the essential first step for anyone looking to start or grow their coaching business. He explores the concept of creating a "menu of products" – a strategic approach to offering your coaching services in a way that addresses specific client needs and problems. By breaking down the process of product creation, from identifying client problems to developing targeted solutions, Don gives you a blueprint to build a profitable coaching business model. You’ll also get tips on how to design a suite of coaching products that not only solve real-world problems but also position you as the go-to expert in your niche. Listen in and learn how to overcome the financial uncertainties of coaching and build a thriving business that gives you freedom, control, and stable relationships with clients.
Pre-order Coach Builder, Donald Miller's new book, at CoachBuilderBook.com/Podcast.