5 Business Mistakes to Avoid as a Coach/Trainer

"The only real mistake is the one from which we learn nothing." - Henry Ford

While we all do our own share of mistakes in life there are certain mistakes that we can avoid in order to make sure they don't cost irreversible damage. This is so in the case of the coaching business since we all invest so much of our intentions, time, efforts, and money in order to transform others. After interacting with hundreds of coaches as a mentor all across the globe, I found that there are some common mistakes that people make or they are afraid to make which can lead to:

• Loss of time and money
• Fewer sales
• More frustration
• And a lot of self-doubts

So here are these 7 mistakes which you can avoid in order to grow or scale your business without feeling frustrated and disappointed.

1) Not having a mentor

This is very important which most of the coaches missed out on. They think they can do everything themselves alone after watching videos on the internet or by reading blogs. Not having a mentor is like missing out on an accountability partner. Not having someone whom you can look up to and seek guidance when you feel stuck. Alone you waste a lot of time, money, and energy.

When we implement things we tend to have doubts/questions and queries. It is during this moment you need someone who can answer with utmost clarity. So make sure you have a mentor to whom you can seek guidance, get clarity on your doubts.

2) Impatience and quitting too early

In the world of instant gratification, a lot of us wish to expect results too early. We do not allow ourselves to completely understand the whole process (niche, target audience, strategies, and the process required to build a coaching business). We do not give enough time to understand your business evolution. In order to get results quicker and faster, we do not focus on adding value and serving people consistently.?It's all about learning along the way and seeing what works, whatnot. Consistency holds the key.

3) Not having a right environment

This is the biggest mistake I have seen among coaches. They have not connected with like-minded people or are a part of a community where they can learn along with people who have the same aspirations and desires.

They don't want to invest in themselves to become part of communities of coaches. It is important for you to become a part of the right environment where you are learning and growing with people who understand your ambitions, challenges.

With TLC we trying to fill in this gap where we have a mastermind group of 15-20 coaches in a group where the like-minded people learn together, earn together and grow together. You can check more about us here.

4) Lack of Automation & Systems

Once you validated your coaching products/services, it is important to build systems around them. So, your business can run on auto-pilot mode. But I have seen coaches not giving enough importance to this. They hesitate to put money in automation (I am talking about the necessary ones).

No automation leads to the consumption of time and energy which costs more dearly than you think. You can not able to scale and grow any business without systems/automation. By creating the right systems and automation you can reach more people and generate profits that you want to make through your business.

Don't work in your business, always work on you business. I am sure you must have heard it.

5) Not taking actions - only consuming knowledge

This is perhaps the major challenge of the century. Today information is all around us and the way people are consuming it in my opinion is the biggest obstacle to growth. A lot of Coaches/Trainers keep on grasping knowledge which makes them overwhelmed with information. An overwhelmed mind leads to stress, not action-taking.

Thanks for reading it till here and hope you get some useful insights on what things to avoid while building your coaching business. Do follow my newsletter to get more updates.

PS:?Further if you need any help related to the point shared above then please feel free to have a free 15 min call here on this?Link. I will be more than happy to help.

Towards Your Success..!!