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Top Ten Reasons to Become a Certified Group Coach

Posted by Julia Stewart

Become a Certified Group CoachYou've probably heard that group coaching is a must-have for your coaching business, but you may never have thought about becoming a Certified Group Coach.

In my opinion, you don't have to offer group coaching, but if you're ready to branch out from just one-to-one coaching clients, group coaching is the next logical place to go. Yes, information products are great, but dollar for dollar and hour for hour, you'll make more from group coaching, especially if you don't already have a mailing list of thousands.

There are probably hundreds of good reasons to add group coaching to your business, but I've highlighted ten from my own experience below, just to give you an idea.

Group coaching is an advanced skill set, combining many of the skills of one-to-one coaching with group facilitation and more. I thought it would be easy for me, because I was a very good one-to-one coach with 15 years of experience as a college professor. In the beginning, it was a lot harder than I thought! But if you think group coaching is something you want to learn more about and if you'd like to become a Certified Group Coach, skip to the bottom of this blog post and check out an upcoming opportunity.

Top Ten Reasons to Become a Certified Group Coach:

1. Make more money

In 2003, my first coaching groups were focused on a hot new certification from the IAC, which used Thomas Leonard's Proficiencies. I was teaching the Proficiencies at the time, so offering a mentor group to help coaches master them, was a natural for me. I filled my first group up with 10 people and had to open a second one quickly, because even more people wanted to join. It kicked up my income very nicely, even though the groups themselves were a bargain to join.

2. Charge less to your clients

As I said, I charged bargain fees to my clients for those first groups, only $75 per month, per person. But with 20 new clients, that was $1,500 more income per month and about $250 per contact hour. Nice pay ~ and very affordable for my clients! Actually, you can charge much more for group coaching, depending on your market. Generally, groups meet for three to six hours per month, with group sizes ranging from 3 to 10 clients. And most coaching groups cost $150 to $350 per month, per person. Do the math. Group coaching saves money for the client and makes more money for you.

3. Grow your fan base faster

I mentioned your email marketing list earlier, because your True Fans are a vitally important element in your coaching success. Building that list with just one-to-one clients can be murder. Coaching groups with 3 to 10 members each, will help you build that list 3 to 10 times faster.

It's an incredible amount of work to design ebooks, white papers and other information products to attract new people to your list, but coaching is customized in the moment, so there is far less upfront work, while far more value is delivered - and at a higher price that clients gladly pay. People simply view in-person, customized service as more valuable than pre-designed, canned content - because it's far more effective.

Contrary to what you may have heard, coaching clients don't need to buy cheap products from you before they hire you to be their coach. For most of them, you being a credible coach who is in the right place at the right time, with an appealing specialty or niche, is all it takes.

4. Give more value to your clients

Here's where it gets interesting: your group clients will actually get a lot more value from each other than they would from you alone, so a group of ten will multiply value by ten. Why? Groups are organized around commonalities between the members of the group and their mutual goals. So guess what? They have experiences, know-how and resources that you don't have and they tend to share them generously - so long as you know how to set up a bonded  synchronous group, which is one of those advanced skill sets I mentioned.

5. Upsell to one-to-one coaching

It's natural to balance group coaching with one-to-one coaching, because sometimes your clients need you to drill down deeper with an issue than you have time for during the group meeting. This is an important value add for your clients, which gives them the benefits of one-to-one coaching plus group coaching. You can easily add an option for each group member to have one or two individual coaching sessions per month with you and of course, you can charge extra for that.

6. Increase your credibility

As you become known for certain specialties or niches in your coaching groups, you'll become known for those specialties and niches in all your coaching. Once I offered the Get Certified Coaching Groups, which I mentioned above, I became known as a mentor coach who helps coaches get certified. This became an important part of my one-to-one coaching practice for several years, as well - until I leveraged my reputation and what I had learned to start School of Coaching Mastery. You see, over the years, I became an expert on this type of coaching and potential clients saw me as someone they wanted to work with on this. In other words, I developed the credibility to do well with this niche and specialty.

Back then, there was very little training in group coaching, so I had to teach myself and it took years of trial and error. There were no group coaching certifications, but if there had been, I'd have gotten one. Credibility is everything when you're in business for yourself.

7. Decrease your work hours

You can work day and night on a membership site, on information products and live events - or you can just coach. Group coaching pays you even more per hour than one-to-one coaching, so if a short work week is a goal for you, then group coaching needs to be a specialty of yours.

8. Add additional income streams

As you organize your coaching groups, you'll find yourself writing more, because it'll be an easy way to communicate with groups. The nice thing about that is that once you've written something, it can be re-purposed.

Remember how I mentioned that it's a lot of work creating information products? If you've already created something for a high-paying coaching group, you've been well-paid for your time. If you take that written piece and sell it as a free-standing product at a lower price, whatever you make from it will be profit. That's the easier, more profitable way to do it.

Also, working with groups of people will give you a good idea what kinds of solutions they're looking for. That may spark great ideas when you're ready to do live events or create products.

9. Upsell from information products

Remember how I said that clients don't have to try inexpensive products from you in order to be willing to hire you to coach them? Well that's true. And sometimes you'll attract people who were just looking for that inexpensive ebook that tells them how to do something, but upon reading it they'll realize what they really want is a coach. If you have both group coaching and one-to-one coaching options, you'll be able to reach more people in exactly the format they want.

10. Learn where your next opportunities are

Just as I mentioned in #8 above, working intensively with clients will give you ideas about what they really want and need next - even when they, themselves, can't tell you what that is. So group coaching is perhaps the most valuable form of R&D possible, because you get to know your coaching clients inside and out. For me, that took me from coach, to mentor coach, to founding my own coaching school. I knew what my clients wanted and needed because I had gotten to know them so well.

Where will group coaching take you and your business? Where ever it is, you'll get there much faster if you don't have to learn it all from the ground up. That's why we're offering the 8-hour Master Group Coaching Success module, which ends with a Group Coaching Certificate. You'll learn how to organize, market and facilitate successful coaching groups in these live tele-webinars, which come with written materials and more.

Want to become a Certified Group Coach? Take Master Group Coaching Success, described above, and then join the upcoming Certified Group Coach Mentor Group. I'll personally mentor you as you learn to lead your own groups and get started with your very first group. You must attend both the learning module and the mentor group in order to become a Certified Group Coach.

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Topics: group coaching, coaching clients, Become a Master Coach, becoming a certified coach, Coach Certification, Thomas Leonard, Become a Certified Coach, coaching skills, IAC, Coaching Certificate, True Fans

How to Become a Successful Life or Business Coach

Posted by Julia Stewart


How to Become a Life CoachWondering how you can become a successful life or business coach?

There are three main approaches to becoming a successful business or life coach. The first, I call the Entrepreneurial Coach. The second, is the Professional Coach. The last is the Sweet Spot. Let me explain:

1. The Entrepreneurial Coach* usually has a strong business, marketing and sales background and either a juicy niche or a smoking hot specialty. This coach knows how to attract the right clients and how to encourage them to buy. However, if s/he over relies on her business smarts, s/he can get caught on the hamster wheel of constantly having to market and sell, in order to keep his/her coaching roster full.

Why? Unless clients experience fantastic results quickly, or at least maintain their motivation long enough to experience extraordinary results, they tend to drop out of coaching within a few months. That means the entrepreneur coach has to constantly close new sales just to maintain a good income. For most coaches, this is exhausting and unsatisfying.

Worse yet, if clients quit before they're delighted, the entrepreneur won't maximize their number of all-important testimonials, case studies and viral buzz - the stuff that makes for a friction-free marketing and sales engine.

2. The Professional Coach*, on the other hand, has great coaching skills, either from decades of coaching or from a few years of coach-specific training. S/he knows how to elicit amazing results for his/her clients and as a result, clients stay month after month, or buy again and again. However, s/he may know little about effective marketing and sales strategies and as a result, too few clients ever sign up in the first place. That means too few potential clients ever find out about the professional coach, so s/he's constantly searching for that rare client who's willing to pay his/her fees.

Sadly, this coach may have spectacular results to point to, but often fails to share them with potential clients, who increasingly, are looking for 'proof' that their coach really knows what s/he's doing.

* In both cases above, the coach is forced into a situation where s/he needs his/her clients. The entrepreneur always needs new ones. The professional needs to hang onto the ones s/he has. Otherwise, both risk losing their incomes. When you need your clients, your focus is on yourself, instead of on helping them. To reach the coaching sweet spot, your needs must be met, so you can focus all your energy on helping your clients get those awesome results. Otherwise, something's got to give. It's way harder to maintain a sustainable coaching business when you have to focus on your own needs instead of clients' needs.

However, there are some entrepreneur coaches who really are good at coaching and most of their clients are quite happy and loyal. And there are professional coaches who get it when it comes to marketing and sales, so they're not desperate to get and keep clients. These exceptional coaches are moving into the Sweet Spot.

3. The Sweet Spot: This is the coach who has the skill to produce awesome results quickly and to keep producing results for months or even years. That keeps current clients wanting more and paying for it happily. At the same time, this coach has his/her marketing message down cold, has expertise that new people will buy and knows how to communicate and form client relationships (a.k.a. marketing and sales). Of course, those ever important testimonials, case studies and viral buzz come easily to this coach.

When you reach the sweet spot, you aren't desperate to make new sales and you don't cling to your old clients, trying to squeeze out a few more more dollars. You naturally meet your own needs and you can focus all your energy on meeting your clients' needs and helping them get what they want. Happy clients attract more happy clients.

I call this coach The Master. Everything we do at School of Coaching Mastery is designed to move our coaching students into the sweet spot by helping them become masters, faster.

Marketing programs help entrepreneurs communicate and sell to clients, but are useless when it comes to the critical skill of getting coaching results and keeping clients.

And most coaching schools will only get you started on becoming a professional coach - who may never get clients. At SCM, we give away that part of our program for free and focus our real attention on helping our paid members become masters and enjoy that sweet spot, sooner.

Turn your five-figure business into a six-figure coaching business and turn your six-figure business into a seven-figure coaching business: Become a Master Coach.

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Topics: professional coach, become a life coach, become a coach, become a business coach, coaching clients, Become a Master Coach, master coach, coaching skills, coaching niche

Coach Training Financial Aid

Posted by Julia Stewart

How to make money as a life coachOccasionally we get requests for financial aid for coach training.

Yes, we do offer financial aid for coaches who want advanced master coach training at School of Coaching Mastery. We understand that making a career jump into one of the fastest-growing professions of the 21st Century can present financial challenges and we want to make it doable for you.

Here are a few options we have that make comprehensive coach training within reach for anyone, regardless of your financial situation:

 

However, we do not offer scholarships for coach training. Why? There are two main reasons.

I call this the Humane Society Rule. The Humane Society and ASPCA don't give away free puppies and kittens for two reasons:

 

  1. People value something that they pay for more than something that's free. Free puppies and kittens are more likely to be abandoned or abused than those that are paid for. Likewise, people who get free or low-cost coach training, get less value from it than people who invest substantially in it, even when it's the same training. I know this sounds crazy, but like it or not, people show up differently when they make a substantial investment. That difference is the key to their success.
  2. The Humane Society and ASPCA depend on fees to continue doing their great work. So do we. Even though some of our students only take the free program, our paid students keep us in business and get much more support, as well as advanced training from us. Again, it's the difference that makes all the difference.

Here's an example of how this works: One of the most successul coaches that I know paid $10,000 for her coach training when she was a Starbucks barista, making less than $10 per hour. As you can imagine, she had to scramble to get that $10,000 together.

Was it worth it? Today, this coach charges around $600 per hour, changing people's lives, doing something she loves. How much would you be willing to invest to make sixty times as much per hour, by helping people and doing something you love? Could you find an extra $347 per month to do it?

Or maybe you just don't trust the process. Explore this blog and website further to understand how new coaches become successful coaches faster. Some related blog posts are below.

Then again - and this is a big one - maybe you don't trust yourself. If you're someone with a history of half committing, or half trying, or of quitting before you succeed, or worse, waiting for 'proof' that you'll succeed, before you commit; work with a great coach who can help you with that. The payoff will be enormous.

Related posts:

scholarships for coach trainingFind out more about financial aid for coach training here.

Topics: coach training, become a life coach, become a coach, free coach training, become a business coach, Become a Master Coach, coach training program

Become a Master Coach with Free Triads

Posted by Julia Stewart

Coaching Triad I spoke to a member of Certification Bootcamp this morning about her Coaching Triads.

She called me because I sent her a rather cryptic message:

  1. Stop being 'nice'; start being honest.
  2. Dig deeper. 

But maybe I should back up a bit and mention what a coaching triad is and how it helps you become a master coach. A coaching triad is a tool I dreamed up with one of my mentor coaches many years ago as a way for coaches to prep for IAC Certification. Triads provide learning on multiple levels and they are free. Three coaches get on a three-way-calling line or use a free bridge line. They each take turns being the coach, the client and the observer. After each coaching session, they talk about what they heard. Everybody learns - fast. This is an 'extra service' that Bootcamp members are using to prep for the live intensive - fast.

Back to the coach who called me. You see, someone (I thought it was her) from the bootcamp emailed me over the weekend, and asked how to tell a triad partner that her coaching was missing the mark. She also mentioned that she was having trouble coming up with a problem or goal to be coached on in every triad session. Hence my advice above.

It turns out I sent the advice to the 'wrong' coach, but it fit perfectly for her. And I can't find the original email from whoever sent it and I suspect it doesn't exist. (Imagine the theme from the Twilight Zone playing).

Those questions are common problems for coaches in triads until they start thinking like master coaches. Then the problems disappear like 'magic', because their thinking has changed.

We employ as many tools like these as possible so our student/coaches become master coaches faster. Certification, especially live certification, turns up the heat like a catalyst in a chemical reaction. Learning become almost instant.

I believe it was Leonard Bernstein who said that to achieve great things, it takes a plan and not quite enough time. So I suggest you plan to be a master coach faster. It's the surest way to coaching success. Once you start thinking like a master coach, you'll understand why.

Coach Certification Bootcamp

Ready to achieve great things and become a master coach faster? There are 2 seats left at the early bird price for the live Certification Bootcamp intensive. Join us!

 Oh, and if you're the one who sent me that email, you're answer is above.

Topics: Free, Become a Master Coach, becoming a certified coach, Coach Certification, Coaching Triads, IAC, certified coach

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