WAYS TO MAKE 4 FIGURES WITH YOUR COACHING BUSINESS
I want to talk to you about 3 ways you can actually start making a consistent income (4 figures on up) doing what you love which is helping others through your coaching biz. First off, please know that it is absolutely possible for you. I have a demanding career, am a wife. and a mom of 2 crazy boys. If I can make it work, so can you. Let’s go get it! (PS: Are you on the go? Listen to the audio version here)!
#1 One on one coaching sessions: I recommend starting off working with 1:1 clients so you can really get to know your niche and who you enjoy working with. To start, you can offer a low-priced and bite-sized coaching (think a one-time or 30 day session) to give your ideal client a quick win. This is also a great way to rack up gleaming testimonials when you’re just starting out.
#2 Group coaching program: After a while you will outgrow exchanging hours for dollars and you will want to take your biz to the next level without sacrificing more time. Group coaching is a great way to create the biggest impact because you can help multiple clients in one hour versus multiple clients across multiple hours which limits how many clients you can take on – especially if you still work a 9-5 or are a busy mom (hey, mama I see you!)
#3 DIY courses/programs: As you work with clients, both one-on-one and in a group coaching setting you will learn as much from them as they learn from you. I find that live coaching sessions are a great way to do a little free market research and take note of the common questions that come up often which is a great way to create a passive income with a DIY course or program that always sells out!
Think about it: If you implemented even one of these three things imagine the results your clients would have from your coaching sessions and programs PLUS the income you would make just by doing what you love and teaching what you already know!
Is there a way you could start implementing more of a group setting versus one on one? What about taking what you already know and repeatedly teach and selling it as a DIY program?
Are you questioning if you are ready to start offering your exclusive programs and services? Don’t worry girl I’ve got you covered. I have a free course just for you. Take the Free Course: How to Launch Your Coaching biz.