Not Making Enough Money as Coach? Here's How to Fix It.

Jun 28, 2024

It is a pain for me to see that coaches don't get paid properly for the work they do.

Coaches are doing phenomenal work in helping clients to stay and be healthy, create incredible relationships, develop amazing businesses, create wealth, and so many more.

Coaches assist people in getting rid of their pain and reach their goals.

However, you could be considered the greatest coach, and still not get the amount you deserve, when you're not doing some things done right.

It's frustrating when you know you're putting in the best effort, and you see others much less gifted, much less dedicated than you are and earning a lot more cash.

Let's fix that!

Just what I'm trying to accomplish in this blog entry.

The root of the issue lies in a handful of aspects:

Not enough charging

Doing only or too much 1:1 coaching

You're doing too much on behalf of your clients

Courses are only sold for sale

If you charge too little, you'll never get the revenue you'd like.

A lot of coaches do not want to increase their rates because they link their prices to their own self worth rather than their value to their customers.

The amount you charge should be proportional to the amount you charge, not your time or work.

The problem in 1:1 coaching lies in the fact it does not grow with the player.

For each new client, you have to spend more of your time, and, as you've guessed, the time you have is limited. It's only 24 hours in a day.

This is why it's important to join a group coaching program in case you're not already.

Group coaching program scale. The workload you are working on doesn't grow in any way, or only increases modestly every time you get a new client.

Similar similar if you're doing too much work for your clients. The way to do this is to structure the process in a way that your clients are responsible for a greater portion of the work themselves, and you provide the Frameworks and Templates that make it simple for them to accomplish it.

A lack of consistency in Lead flow is due to being able to put the proper processes in place to provide you with potential Dream Clients each day as well as new clients throughout the week.

If all you do is selling courses only then it can be a challenge to earn enough revenue consistently.

The courses have less actual or perceived value than coaching classes, which are where it is possible to help others through your coaching, in addition to the "home study" characteristics of the courses.

If you do not already have a program for coaching then a group coaching program is the next obvious step for you to add.

These are the factors that are important.

This approach makes the process of earning enough money much easier.

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