HOW MUCH SHOULD I CHARGE?
Nan Einarson - RETIRED - NO CONTACT PLEASE
RETIRED - Great Coaches Have a Coach | If your business isn’t where you want it to be, YOU CAN DO IT
One of the most common questions I hear from CCP students.
Obviously, potential coach entrepreneurs are curious about the kind of income and potential lifestyles they can expect from a coaching business. It’s an important question. Unfortunately, there is no one, easy, simple answer. Your fees depend on your budget needs and wants, and whom you coach (what the market will bear).
First of all, charging for coaching requires a change in your mindset. You must recognize that you are providing value that will enhance your clients’ quality of life now and for forever. Furthermore, do not trade your time for money by charging by the hour or per session. Instead, charge for VALUE.
People don’t want to pay for a session – they DO want to pay for RESULTS. Successful coaches charge for the results their clients want that will remove that pain.
Your experience & education, your time, and your story all come together to get RESULTS for your client. Know your niche market and their pain points. Tell them the RESULTS they can have from working with you and how you are uniquely qualified to help them get those results.
Describing the Process…
Describe the process for achieving their results not as coaching sessions, but as Packages with exciting names.
Examples: “A Slimmer, Healthier You”; “Happier in Your Marriage”; “Your New Job”. Offer payment through 2 Options.
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