Don't Give Up The Day Job

Don't Give Up The Day Job

One of the biggest heart-sink realisations for me when I'm talking to a coach is when they tell me that they've given up work in order to put themselves under pressure to succeed with their coaching business. (A quick caveat here is when someone's position has been made redundant (or taken voluntary redundancy) and so they have a pot of money that can cushion them financially until they start to generate income from their business - that doesn't make me worry).

Building a business, particularly a coaching business, happens one client at a time in the beginning. Gaining traction with your target audience takes time because marketing is a process, not an event. Until your potential clients have become aware that you exist, become interested in what you have to say and decided that you're someone they want to know more about, a potential client won't book into your diary for a conversation.

Know, Like, Trust

The old adage that someone has to know, like and trust you before they spend money with you is an adage for a reason - it's true! Building that knowledge, becoming likeable and engendering trust takes time, and when I say time, think months, not days.

One of the things that really makes me cross about these 'gurus' who hop into LinkedIn inboxes, is that they promise the earth (in terms of clients) in a fascinatingly short time: Six-figure business in 90 days! That kind of nonsense.

Can you begin to engage clients in 90 days? Well potentially, but it depends entirely upon to whom you're marketing. If you're marketing to corporates for example, then the chances of an initial engagement with someone in 90 days are small. Can you make 6 figures in 90 days? No - not realistically, not unless you're one of those coaches with a little black book (and monetiseable credibility )

Do I promise that Coaching Revolution mentees will engage clients in the first few months? No, I don't. It can take that long to get your target audience chosen and your marketing message clear and so it makes me mad when these gurus do. I can however reassure everyone that the marketing process, like the coaching process, always works if the appropriate time and actions are put into play.

One Client At A Time

The way to build a sustainable coaching business is to do it one client at a time. Generating inbound enquiries is a skill and like all skills it takes time to master. As time goes on, you learn more and more about your target audience from the conversations you have with those people who fit within it. Clients come more quickly as time goes on, and often, lots of opportunities will come along that you never imagined. The kind of things I'm talking about are speaking opportunities, workshop opportunities, group coaching opportunities etc.

The secret to marketing - which isn't a secret at all of course - is consistency. Consistency with your message, consistency with your visibility and consistency with what you offer.

If you'd like to learn the initial stages of this process for free, may I invite you to join our 4-Day Challenge? It starts on 17 April, it's designed for qualified coaches (or those who are taking a qualification) and it's designed to get you to the starting point of comfortable, effective marketing. Yes, everything is recorded and you'll be sent it in a daily round-up email each day. You can join us by clicking here.

The following are some comments from qualified coaches who attended previous challenges:

Olivia Pitt Coaching ??

Daring women to get past their fears and limiting beliefs to go after what they want in life

1 年

Thanks for sharing this Sarah Short - The Coaching Revolution. I've maintained a day job whilst building my coaching business. It's given me peace of mind and pays the bills! Having a day job with a steady income helps me to operate my business from a place of ease, not desperation.

Dr Kimberly Adams Tufts, FADLN, FAAN

Exclusive coach for faculty women who want successful careers without sacrificing your health, wealth or personal relationships | Life, Leadership, and Career Development Coach | Speaker | Best Selling Author

1 年

Wonderful article Sarah Short - The Coaching Revolution. You are right on target with describing the process.???? Of course the folks from my coaching school promised the world. I left my job after planning for a 6 to 8 months cushion. I was so optimistic and felt very well prepared. Something that I had done for folks for free for years and had a reputation for being very good at didn't yield the same number of clients when I asked to be paid. I didn't know anything about marketing. I didn't know what a lead was or a lead magnet some 9 months ago... The things I have learned. I paid for courses from folks here on LinkedIn. I've formed my own tribe, actually 2 tribes of coaches. For purposes of supporting each other having some structured accountability sharing resources and share in each other on. I really began to understand when I read the prosperous coach from Steve Chandler. I have also learned a lot from Amir Karkouti. I know my niche, have an ideal client conceptualized, and am building one client at a time.

Elizabeth Houghton

I help high achievers land their dream jobs at top-tier companies without sending 100s of applications | DM "START" for FREE strategy session | The Career Coach

1 年

Great article Sarah Short - The Coaching Revolution - very honest and real. I started my coaching business as a side hustle and slowly built it up one client at a time….it takes time to build and time to be able to step away from the JOB in a secure and sensible way.

Tony Adamson

Helping Charity leaders manage stress, avoid burnout and reconnect to their purpose | Coaching people who are neurodiverse | EMCC accredited

1 年

Thanks Sarah - I panicked a bit when I read the first line, but as someone who has just taken VR, I relaxed when this was caveated!

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