"The most successful are those who are deeply committed to helping others and who never stop learning and growing themselves coaches." - Darren Hardy
Why did you decide to become a coach? π§
Of course, there are a lot of perks! You get to work from home π You get to help people, π©ββ€οΈβπβπ© And have more freedom and flexibility with your time. β°
But did you stop to think about what the finish line looks like?
How many years do you want to coach for a living?
How much money do you want to make to cover your retirement?
Will you make enough to cover your retirement?
You may plan to work forever, and never retire.
But you still need a big piggy π· to support your lifestyle and expenses for that security.
And what happens to your business when you're ready to move on?
Will you sell it, β‘ keep it, β‘ dump it? That's why it's important to build your business like a product, even if you never plan to sell it.
What is a business in a box?
What makes a business a beautiful attractive package desirable to any potential investor? The one that makes predictable profits with a steady cash flow.
One that doesn't need the owner to be the face of the brand.
One that has a rock-solid team and system that doesn't need the founder to run the show.
So doesnβt it make sense to build a foundation with this in mind as soon as possible?
It doesnβt matter if you are just starting out, or youβre already rocking and rolling. You have time to plant these seeds every day in your business so that as your business matures, you begin to grow multiple revenue streams outside of your coaching offers all along the way. π³
You can start building out systems using automation and AI, even if you donβt have a team yet and you're the only one following it.
Because your first to your twenty-first hire will already have the training and the system of how YOU do things on their very first day. π©βπ»
You may follow these Strategies in building your coaching business:
The key to any successful coaching business is strategy. π
So what are some action points today?
π― take the time to figure out the length of
time you want to have in this career?
π― how much money do you need to make
to reach your retirement goals from this day
forward?
π― what are some seeds you can plant to
help you create multiple streams of income
in your business starting today?