PFC106 - Stop Spinning

Do you think that making $120,000 to $150,000 a year as a coach is too much? I used to think that myself. Through the years, I’ve learned that earning six figures in your coaching business doesn’t have to be difficult—and many coaches are actually close to earning six figures annually, charging clients at least $1,500 per month. Unfortunately, several factors prevent many coaches from realizing that having a profitable coaching practice is easy and well within their reach.

In this episode, I discuss the top three reasons many coaches struggle to make $120,000 to $150,000 a year and how close every coach actually is to getting there. I reveal what they fail to teach in many coaching certification or training programs. I also underscore the power of working directly with a coach and highlight the role of mindset in developing a profitable coaching business.

“You can absolutely be making up to $20,000 a month within the next six to 12 months—or even faster. You just need someone to show you the next steps, and you need to believe that it’s doable.” - Jos Willard

This week on Profit for Coaches:

• The downside of coaching certification and training programs
• The mindset needed to charge clients $1,500 a month as a coach
• Why you need to stop chasing free webinars or advice
• The advantage of working one-on-one with a coach over buying a DIY program
• The FREE profitable practice scorecard!

Our Favorite Quotes:

• “If you don’t see that level of value in paying $1,500 a month to work with a coach to help you be successful in your career, relationships, and health, it’ll be hard for other people to see you being worth that much investment.” - Jos Willard
• “There’s no one-size-fits-all way for everybody. That’s why working with a coach who’s going to interact with you—rather than just buying a DIY program–-is a better way to go.” - Jos Willard
• “You’re better off working with somebody who has read all the books, taken all the programs, done all the digging, and knows how to apply those things in varying situations.” - Jos Willard

Helping Coaches Increase Profits

Thanks for tuning into this week’s episode of Profit for Coaches. Love the podcast? Head over to www.lovethepodcast.com/Profitforcoaches to leave a review! Don’t forget to subscribe wherever you get your podcasts so you never miss an episode.

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