Today we are going to look at the money-making aspects of your business. If money is not coming in then it's not a business, it's a hobby.
How do you bring the money into your business?
What are your products?
Okay, so now take an honest look at what you currently offer. Now is not the time to write a new programme or book. You're a coach, start there. Do you have any packages? Do you only sell your sessions by the hour? Are you still not at that point? It's okay, we will work with what you have already. This isn't about pressure. It's about getting yourself out there in July :D
Even a 'one-hour coaching session' is a product!
How much do you charge?
How much are you currently charging clients for your services?
Please make sure you're charging a realistic price!
If you need help with knowing how much to charge, ask your colleagues in our private Facebook group, we are here to help. A general rule of thumb is, if you're a certified coach, you should be charging at least $80 per hour. If you feel that this is too high and you're not 'worth it' please look at getting some coaching around Money Mindset, or seeing someone about removing old beliefs. De-valuing yourself and the amazing skills that you have, will not serve you and may be detrimental to the coaching industry. If one coach is charging $30 an hour and another $80, yet both coaches have the same qualifications, it leads clients to question why. We have a highly-specialised skill-set, even if it feels a little 'easy' to us. Not everyone is able to do the things that we do. Celebrate and appreciate that!
Is there anyone who gives you the support you need?
Being a Coach providing online services can be a lonely venture. Please don't do it alone and risk burning out. We are here for you! Perhaps you could buddy up with another coach during this process? You can give each other the emotional support and accountability that you need. If you're needing coaching around issues, or creating new habits, ask for some within our group, but please remember that we are all professional coaches here, so discuss rates instead of making assumptions.
Online Coach Support is a membership site that promotes, encourages and supports other coaches emotionally and with the techy, biz and marketing aspects so they can really thrive in their biz, reducing overwhelm in the online world.
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