Having a profitable coaching practice can look different for everyone. To some, it’s about taking on a certain number of clients. To others, it means earning six or seven figures in revenue every year. To me, having a profitable coaching practice means having a business that pays you well and allows you flexibility. A profitable coaching practice supports your family and lifestyle—it excites you and allows you to make choices based on your values. Sounds exciting?

In this episode, I discuss the four things required to have a thriving, profitable coaching business or practice. I explain the importance of smart budgeting, regardless of your revenue. I describe the need for a solid, uncomplicated client acquisition process. I also highlight the importance of building a business model that supports content delivery and underscore what it means to have a transformational focus in your coaching practice.

“Your practice needs to focus on more than transactions, money, and clients— your practice has to create an impact.” - Jos Willard

This week on Profit for Coaches:

●      The four things every successful coaching practice has

●      The importance of building a solid client acquisition process

●      The value of managing your cash flow

●      Bringing a transformational focus to your coaching business

●      The FREE eBook you can access today!

Resources Mentioned:

●      Book: Book Yourself Solid: The Fastest, Easiest, and Most Reliable System for Getting More Clients Than You Can Handle Even if You Hate Marketing and Selling by Michael Port

Our Favorite Quotes:

●      “A truly profitable coaching practice makes an impact on your world—and you have to decide what your world is.” - Jos Willard

●      “Your client acquisition process does not have to be hard or complex. If you build it correctly, all it takes is 20 to 30 minutes a day, three to five days a week.” - Jos Willard

●      “Putting boundaries around your time, energy, and cash will make your business far more successful.” - Jos Willard

Helping Coaches Increase Profits 

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