Coaching Blog

This is the most insidious reason that some coaches don't have clients.

• If you think the economy is in the way
• If you're not sure you're giving enough value
• If you've tried every program and nothing works
• If you think of investing in your business as an 'expense'
• If you think you should be doing better
• If you're focused on you, instead of your clients
• If your coach is frustrated with you
• If Sales & Marketing feel more like S&M...

It's popular to use coaching as an upsell product with an upscale name like, platinum, diamond, gold, or elite.

This is usually based on a business model that starts with a big 'reach' (tens of thousands of email subscribers and followers on social networks), then moves to thousands of leads (people who signed up for something for free), then hundreds of customers (people who bought something in the $20 - $500 range) and finally moves to the small end of the marketing funnel with a few small-group or one-on-one coaching clients who pay you hundreds or thousands of dollars per month for your attention and time, a.k.a Coaching. This is called a marketing funnel, because it starts with a huge number of contacts and funnels down to a small number of clients who each pays you handsomely.

There are huge problems with using a marketing funnel when you're first building your coaching business.

The first problem is that it takes an incredible amount of time, effort and often expense to build a marketing funnel and during all that time, you're making little or no money. (Try supporting yourself with sales of a $19.95 ebook when you only have a 500-person mailing list. Even if you're marketing is extremely effective and you sell to 4% of your list, that's $399.)

The second and more insidious problem with using a marketing funnel to build your coaching business is that you're not spending your time coaching. You must coach a lot more than you may think to become masterful enough to succeed at coaching people in high-end programs. And if coaching is your true calling, then you need to do a lot of coaching just to be happy and fulfilled. Sadder still, is that coaching pays really well, but you're not coaching and probably not making the money you deserve to make.

Don't believe anyone who tells you that you can't fill your coaching business with one-to-one coaching clients from the very beginning.

People who say you can't make a living with one-to-one coaching fall into two groups:

1. Coaches who couldn't fill their own coaching businesses with one-to-one clients and therefore think you can't either. That's an assumption that can derail your coaching business. Don't fall for it.
2. People who aren't really coaches, but are either internet marketers, authors or speakers who use coaching as an upsell product and want to teach you their 'method'. Don't fall for that either; not if you're serious about spending your time helping people by coaching them one-to-one or in small groups. 

[UPDATE: In June 2012, MyLifeCompass.com announced that it would no longer be a multi-level marketing company for life coaching. It was unclear what the company's future plans would be.]

Compass Coach, Kristi Arndt, qualified for a free Mercedes from Compass at the end of last August. She just went shopping for it yesterday:

To get the free car, Kristi and several other Compass Representatives qualified to become Compass Presidential Ambassadors by a certain date.

Kristi will be my special guest today at the first ever Compass Mastery Team  call, which I'll be leading once per month to mentor the Compass Coaches and Representatives on my team, so they create their own brand of success on their own terms.

Kristi is the perfect example of building a successful coaching business on your own terms. She's not one of those high-powered types who charges around grabbing what she wants and leaving bodies littered in her path. In fact, her personal symbol is the turtle, because she uses her own inner wisdom and timing to create the coaching business of her dreams, even if it takes her a little longer.

And Kristi's personal story is gripping, as well. This past summer, while Kristi was working passionately toward becoming a Presidential Ambassador, she was diagnosed with breast cancer and because breast cancer runs in her family, she chose to treat it aggressively.

Listen to Kristi tell the story of how her challenge with cancer turned into a wonderful experience. And how it didn't stop her from reaching her goals this summer.

Kristi is an amazingly inspiring person in so many ways. She shares her passion and joy with everyone who's interested and has built her business organically by making deep connections with the people who are most attracted to her.

Of course, I'm a little biased since Kristi is a personal coaching client of mine (she gave me permission to share that). She's also the very first person to register for a course at the (then) brand-new School of Coaching Mastery and then she promptly went out and qualified for IAC Coach Certification!

[UPDATE: January 2013, MyLifeCompass.com announced to its stakeholders that it was filing for bankruptcy.]

Click here if you want to learn more about Compass Coaching.

'I don't want to market, I just want to coach.'

You too? I've heard this refrain from hundreds of coaches and I am soooo sympathetic. Building a coaching business from scratch can truly feel overwhelming. Of course, you don't know how to do it - yet.

But I'll let you in on a little secret.

THE best marketing strategy is to coach, coach and then go coach some more. Is there a problem here that I'm missing? I don't think so!  

Here are 10 ways to fill your coaching business by coaching:

1. To reach the moon, shoot for the stars. What's a way bigger goal than filling your coaching businesess? Shoot for that and fill your business in the process. One fantastic way to do this is to coach many more people than you think you need to.

2.  Get a system. All a business is, is a system for making money. Systemize your coaching and create a business out of it. Coach a lot of people in a systematic process that provides value to others and build your business abilities at the same time. Everything will get easier.

3. Experiment. Millions are made by 'gurus' who claim to have 'fool-proof' systems for making a killing. Usually it's only the gurus making the killing. To find your own best system, experiment and expect some failures. Every successful coach fails some of the time and then learns from each failure.

4. Track your progress. Set goals for yourself along the way (you can call them intentions, if you prefer). Watch how you're doing over time. You should be improving. If not, tweak your system. Make it fun by making a game out of it.

5. Remember it's not about you. Get your focus off yourself and your needs and focus on assisting your potential clents. If you need to get a side job, go for it! Most new coaches have a side income in the beginning.

6. Build relationships. You'd be surprised how many people will HELP you build your business if you give them a chance. Some of them may become your clients; some of them may just tell everyone they know about you. But remember to be assisting them, too.

7. Learn to cement relationships. Recognize when someone wants to work with you (they may be shy about showing it) and when they just need an invitation from you. In sales parlay this is known as 'closing the deal'. You do NOT need to be salesy to do it. In fact, salesy-ness can kill relationships.

8. Transform lives in minutes. Fantastic coaching practically sells itself. If you give a complimentary session to someone, solve their problem, and they don't buy your coaching package, you didn't give fantastic coaching. Get ongoing feedback on your coaching and you'll become a fantastic coach faster.

9. Collect outcomes, results, testimonials and referrals. The more great coaching you do, the more attractive your track record becomes. People need to see your track record, so don't be shy about sharing it.

10. Stop boo-hoo-ing. Crocky the Coach (above) gets to cry you-know-what-kind-of-tears, but you don't, because you're not a cartoon!

Isn't it marvelously perfect that the best way to build a successful coaching business is by doing a lot of coaching?

If you're not sure how to begin, the new free Coach 100 eBook will help you. We also have a system for filling your coaching business that makes it easy to shoot for the stars, experiment, track and tweak everything, so you can get your focus off you and onto building and cementing relationships, having transformative conversations and collecting great testimonials, referrals and clients. We even have a community of coaches who are going through the same process. They've become the experts on this and they're even sympathetic to the occasional crockodile tear. But start with the ebook.

Get the Coach 100 eBook here.

You'll never find success wandering down blind alleys.

That's what Urban Coaching Myths are: blind alleys for you and your coaching business. Coaches beware!

This particular coaching myth is so insidious and so routinely embraced, that it has probably hamstrung dozens (if not thousands) of coaching businesses. What a crime!

It's sourced in half-understood truths about marketing, a failure to make important distinctions, hearsay and just plain bad coaching. I may get hate mail for saying this, but somebody needs to tell the truth!

The myth, "You need to know your coaching niche before you can market your coaching business", is a lie!

How do I know this? I've experienced it myself and I've coaching zillions of coaches who have been stumped by this bad advice.

For example, Chris Barrow, "The Million Dollar Coach" built his million-dollar grossing coaching business by specializing in coaching dentists in the UK. He didn't know that dentists were his niche until he had coached a lot of them, realized that he had become an expert on building a thriving dental practice in the UK (previously he knew nothing about dentistry), and noticed that dentists were referring a lot of friends to him. Then he started making a million dollars a year. That's a real niche. Anything else is just play acting.

Trying to find your niche before you've coached a lot of people is really just putting the cart ahead of the horse. It's a waste of time and energy because the truth is...

1. You need to coach a lot of people, first, in order to find your niche.
2. You can build a successful coaching business even without knowing your niche. 

Which do you really want, a coaching niche or a successful coaching business?

• Internet marketing "gurus"
• Marketing courses
• Inexperienced mentor coaches
• Buddy coaches
• Coaching listserves
• Coaching chapters

It's the old "they say" circuit that's been a source of misinformation of all kinds since the dawning of human communication. None of the above is bad in and of itself. Used well, all are very good. However, ineffective advice never helped anybody.

And those distinctions I mentioned? I've placed a few them in a quick quiz to help you distinguish whether you really need a niche in order to coach, or whether you need to coach before you'll ever find your real niche.

Quick Quiz

1. Are you:

a) A professional coach

b) An internet marketer

2. Do you want to sell:

a) Your coaching services

b) "Widgets" and digital products

3. Do you want to focus on:

a) Building a long-term profitable coaching business

b) Making a quick killing selling a product

4. Are you:

a) Someone who is smart and sensible

b) Someone who believes everything you hear

 

Get a flashlight: Take Coach 100 courses to learn a lot more about what it really takes to build a successful coaching business.

Most of the coaches I talk to fit the following description:

Coaching, But Not Actually Open for Business

They think they're in business, but they're not. Confusion is holding them back. Confusion turns away coaching clients, just like the business in this picture turns away customers. 

The reason I know this is that unlike most coaching schools, I (or someone else at SCM) actually talk to the coaches who visit our site. We listen to what they are up to and help them find the resources they need. It's a labor-intensive process that average coach training schools skip. But we're not average.

Our Enrollment Advisor, Donna Miller, commented on this to me the other day. Most coaches are either coaching, but have no business, or they've started a business, but they're not sure how to coach. Those are bad combinations. They send the same mixed message as the business pictured above. The open sign is on, but the security gate is closed.

If your coaching business is struggling, ask yourself if you're actually open for business.

Here's My Stand:

There is (or should be) an enormous difference between amateurs who coach and professional coaches. If you want a successful coaching business, you need to  be coaching a whole lot better than your client's best friend, next door neighbor and office mate, because those folks are all "coaching" too (and a most of them are coaching for free).

A good coaching school will give you clarity and clarity creates success. It's not magic, but it feels like magic. Mixed signals will keep you stuck. If you are stuck, get the clarity you need. 

One place you can get clarity is in our "How to Become..." free mini-course series. The next one is on How to Become a Certified Coach.

Register for 'How to Become a Certified Coach' Here

What's the real reason School of Coaching Mastery is sponsoring the Best Coaching Blogs 2009 contest?

It's the same reason we started our own "Find a Coach" social networking site, Mastery Coach Exchange. 

We're doing it because it gives our students a real-world laboratory in which to learn how to leverage the Internet's most powerful marketing tools, so when they leave SCM, they don't flounder trying to find coaching clients, but have hands-on experience - and success - at finding their ideal clients and coaching them to transformation.

That doesn't mean that our students are the only ones benefiting, though. Everyone is winning. In the case of Best Coaching Blogs, the coaches who write the blogs are getting read much more than usual. They're creating new fans and new subscribers. Some of those new readers will become clients, and so on. And winning will give them distinction and bragging rights!

And of course, the readers get to learn great stuff from the bloggers, like how to set up a successful coaching business, how to transform your life, and a lot more. By putting the best of the coaching bloggosphere in one place, with votes and comments from the readers, we're making it easy for you to find the very best coaching blogs efficiently and you can help the bloggers out by reading, voting and commenting. Plus it's free. Great stuff!

But the benefits don't stop there. The bloggosphere is one of the most powerful tools for both learning and marketing, but that does not mean you need to be writing your own blog. Actually, unless you like to write and really have something to say, I would advise you NOT to start your own blog. That doesn't mean you can't leverage the bloggosphere to grow your coaching business, though. 

If you want to be more successful as a coach, start with other people's blogs.

1. Start reading several good blogs every week (Better yet: Everyday).
2. Start subscribing to the best ones.
3. Start commenting on the posts that really speak to you.
4. Start developing relationships with the writers and readers at your favorite blogs.
5. Those relationships can be nurtured into joint ventures, linking, opportunities and clients.
6. It's a way to learn and a way to market, all at the same time, and it's fre*e.

I'm teaching students at SCM a whole lot more about how to leverage the bloggosphere, but I've put together one very awesome tool for everyone, including you - gratis - and that's the Best Coaching Blogs 2009 Contest is going on, on our website, right now. Some of the best blogs in the coaching industry are already entered.

So you don't have to spend hours searching down the best blogs for you to read. You can pick the ones your friends are voting on and even read the comments they left, so you know which ones you want to try out.

Because they are all in one place, you can bookmark the page and return again and again, when it's convenient to you, while the contest continues, and read more blogs, cast your votes and add your comments (Be sure to add your website address to your comments).

Commenting on blogs is one of the smartest ways you can use Web 2.0 to market your business. Do you comment on blogs everyday?

While you're at it, don't just read the front runners. There are some real gems in this contest that not many people have heard of. You can help bring them to light by reading, commenting on and voting for them.

Approximately 1,000 people have already participated in this contest. Are you curious what brought them there?

Visit the Best Coaching Blogs 2009 Contest page now and bookmark it, so you can return, read, comment and vote at your leisure.

Winners will be determined by both votes and comments.

Oh and if you have a great blog that you want to enter, we're still accepting entries through Sunday, but the sooner you enter, the more votes you'll get.

Have fun and keep being great!

Coaching schools are businesses and sometimes over-state what you, the coaching student will experience, if you join them.

And although most coaching schools are honorable, there is probably no school that can give you everything you want exactly how and when you want it.

Coaching is all about personal responsibility, so if you look at getting what you want as your responsibility (Or at least your shared responsibility), you can always find ways to work with a good coaching school that will leave you saying, I'm so glad I started my coaching career by attending XYZ Coaching School. 

That said, there are some big red flags to watch for when choosing the school where you get your coach training and it's your responsibility to check them out. Here are a few:

 Don’t think for a minute that you can learn everything you need to succeed as a coach in one weekend or in a few hours or days, or even two weeks, no matter how intensive the program. Shy away from promises like these. Short training programs rely on 'systems', 'formulas' or 'templates' that only work in very limited circumstances and are useless in the real world of coaching. Most comprehensive coach training programs take about 2 years to complete. However, you can start attracting paying clients even before you graduate or get certified.

      Think twice about a coaching school that paints a too-good-to-be-true picture of what your coaching business will be like in the first few months. If you want to work part time, make hundreds of dollars per hour, take several weeks of vacation per year, only work when you want to and still make hundreds of thousands of dollars each year, this is indeed possible, but you must work up to it and it doesn’t happen for every coach. Expect to develop your ideal coaching business over time and commit yourself to actively creating it. The best school for you will assist you in succeeding with comprehensive tools that meet your needs.

                                                                                                                                                                 Money-back guarantees sound great, but they can be a bad deal for the coach/student, because they give a false impression that you have nothing to lose. The wrong school for you will get in the way of your success and can cost you far more than the price of tuition. Most reputable schools will expect a strong commitment from you to your own success, which you demonstrate with your willingness to invest in yourself. Because nobody really wants their money back from their coaching school. What they want is a successful coaching business, as quickly as possible. Look for a school that will give you a “value back” promise, which simply states that they will do everything they can to assist your success, as long as you are committed and trying your best.

     Run away fast from any coaching school that promises you'll make a six figure income in a year or less. What you earn as a coach is ultimately up to you, so any school that offers a dollar amount it pulling that number out of thin air.

Watch out for the coaching school that feels overly “slick” or commercial. Some of them are. Look for a commitment to quality and a willingness to give you what you need, not a prefab learning structure that forces you into a model or mold that may not fit for you.

Run like crazy from "Black Hat" coaching schools. These "fly by night" companies may have internet addresses that look and sound like reputable coach training schools or professional coach certifying organizations. In some cases, they may use "black hat" practices, such as buying links or email lists (SPAM) to promote their companies quickly. Google often identifies and shuts down black hatters on the internet in a matter of months, so a "red flag" that you're dealing with a "black hat" is that their URL (online address) is less than a year old and/or it's set to expire in a year or less.

The internet empowers those who use it.

Look up the URL of your school at a domain registrar, like GoDaddy.com and check the "Who Is" info for it, to find out how long the domain is registered. You can investigate further by Googling the name of the contact person in the registration. Look for evidence that they have been in the coaching business at least for several years. Note whether they are mentioned in lawsuits on the internet.

Use the "search" functions at Twitter, Facebook and LinkedIn and look for the profiles of the school, the owner, or the contact person associated with the domain registration. Also look for current and former students on social networking sites, such as these, and find out if they are happy with their schools. Even a few minutes' investigation can be very enlightening.

Last but not least, check the school's own site for evidence that the owners and instructors are qualified to teach professional coaching skills. Just because they have experience teaching something else, doesn't mean they know how to teach you to be a successful professional business or life coach. 

There are plenty of good coach-training schools, so you can avoid the both the red flags and the black hats. If you'd like more informations, plus a table that compares several of the better schools...

  Download the free Become a Coach! eBook. 

Red Flag photo by archeoastronomia. Black Hat graphic by Joe Shlabotnik. Both from Flickr Creative Commons.

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