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    115: How to Market Your Coaching Business Just Like You Coach

    en-usFebruary 16, 2021
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    About this Episode

    Today I want to change your perception of marketing. Find the full transcript for this episode at prosperouscoach.com/115.

    When you think of marketing, do you cringe? Have you been thinking things like this?

    ·      Marketing will feel sleazy no matter how I do it. I hate the idea of it!

    ·      I have to become good at selling myself.

    ·      Marketing, selling and advertising are all the same thing.

    ·      I don’t know how to market.

    I thought those things too. And I think our response to high-pressure marketing tactics is what formed those beliefs. The sad thing is some of those tactics work and then you feel ashamed of having fallen for it.

    I’ve surveyed coaches on their thoughts about marketing over decades and the urban myths about marketing remain much the same.

    Most coaches think of it as a necessary evil.

    Here’s what I think … if you believe you have to sell your soul to market you’ll never market effectively. But marketing is critical to attract clients. Without it, your business will be the best-kept secret.

    There’s this assumption that once you finish coach training and throw up a coaching website the clients will come rolling in. The reality is that coaches, as with most other businesses, have to create their marketplace from scratch. That’s another of a multitude of reasons that targeting a unique audience and having a stand out niche is so helpful.

    I had that same assumption when I started and was disabused of that pretty quickly. That’s why I say don’t sell coaching. It’s a steep upward climb to success if you have to convince prospects they want coaching before you can enroll them. For more on that, experience episode #7.

    And by the way, I’m honored by all the new coaches who are finding my podcast. Consider going back to episode 1 and listening chronologically. It will be a helpful and eye opening experience for you. You can find episode 1 by scrolling to the beginning of my podcast in an app or go to prosperouscoach.com/1.

    Before you despair, creating your own marketplace is a powerful, graceful and loving action if you let it be.

    If you market consciously and authentically you will not have to advertise, sell yourself or your soul.

    I know it’s true because I live it every day.

    Marketing can be much like coaching. This is how that works …

    • First raise curiosity about your target audience. What makes your audience tick? Who are they inside?
    • Ask them powerful questions. What do they really want (not need)? What is a big problem that’s keeping them from getting what they want?
    • Listen to their words as they describe what’s most important to them. 
    • Engage your intuition.
    • Discover the top values that drive them.
    • Help them see their future the way they want it to look.

     Isn't that what you do when you

    Recent Episodes from Prosperous Coach Podcast

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    Find the full transcript and more resources for coaches at prosperouscoach.com/274.

    Other Prosperous Coach Podcast episodes mentioned in this episode are:
    #136 - The Downside of Coaching for Corporations
    #51 - Why is Coaching a Hard Sell?
    #22 - Why Should a Coach Do Market Research?
    #191 - Low Pricing Could Kill Your Coaching Business

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    Other episode mentioned:
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    272: Before You Create Your Coaching Website Do These 3 Things

    272: Before You Create Your Coaching Website Do These 3 Things

    Find the full episode and transcript at prosperouscoach.com/272.

    About 3x a week a new coach reaches out to me. They've been referred to my podcast by another coach — thank you! Or they’ve seen a LinkedIn post or Googled for "coaching niche", browsed my website then filled out the application on my VIP Mentoring page. 

    That’s an online customer journey that works!

    They tell me: 

    “I don't know my coaching niche or target audience yet vbut I’m working on my website, posting on socials, and developing coaching programs.”

    And I think ... WAY TOO SOON!

    I get it. When you finish coach training there's this emotional rush to get a website up and do all the things online.

    But it will be a false start and likely mean doing everything over, because the very 1st step for everything in your coaching business is nailing down a viable audience and niche. Anything you do before that isn’t going to be effective.

    Let me help you think differently about the goal of your website. 

    271: Inspire Your Coaching Clients to Give You Dynamic Testimonials

    271: Inspire Your Coaching Clients to Give You Dynamic Testimonials

    Find the full episode, transcript and other resources for coaches at prosperouscoach.com/271.

    There’s a simple way to continuously encourage authentic and useful testimonials from all of your coaching clients.

    I’ll share how to:

    1. Systematically gather takeaways from clients before and after your sessions.
    2. Make it easy for clients to write useful testimonials in a timely manner.
    3. And how to help clients celebrate their accomplishments with your prospective clients.


    270: Aren't 2 Coaching Niches Better Than 1?

    270: Aren't 2 Coaching Niches Better Than 1?

    Find the full transcript for this episode at https://prosperouscoachblog.com/ep-270-arent-2-coaching-niches-better-than-1-listeners-choice/.

    Also mentioned in this episode were:
    Episode 5 - The Simplest Coaching Business Model
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    Before we talk about the few pros and significant cons of having 2 coaching niches, let's get on on the same page about what a smart coaching niche is ...

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    How can a coach earn more with less stress and high profits?

    In my 6th year of my coaching business I wanted to scale up. All the pundits said: “Group and online programs are the way to leverage your time and increase income.”

    I bought into that. Just 6 years into running my membership program and two online training programs I had to take a sabbatical from my business.

    During my recovery from stress I looked for a better way that I could enjoy more.

    You see, online and group programs require a massive leads list and continuous marketing campaigns to keep them filled and earning well.

    Profits can be low because of the pricey apps and team needed to help you do it all. If someone says they make a million doing group and online programs, realize that they haven’t shared profit numbers or the hours it takes to make that happen.

    I found a way for coaches to earn well that’s low stress and high profit. LISTEN IN ...

     

    268: How Coaches Can Stop the Cycle of Shame and Get Unstuck

    268: How Coaches Can Stop the Cycle of Shame and Get Unstuck

    Also mentioned, episode 80 called Competition, Comparison and Shame in the Field of Coaching.

    The upside of talking about shame is that once you acknowledge it you can quickly realize what has triggered it and let it go.

    A new coach in my VIP program — I’ll call her Barbara — got caught in a shame spiral because she wasn’t meeting up to some big expectations that she had for herself.

    I’m so grateful to Barbara for giving me permission to share some of our discussion in this episode.

    When you are willing to show your vulnerability with your coaching colleagues, that helps everyone become more successful at this big coaching business endeavor.

    We coached through it and came to an important realization:

    Shame rises up whenever you’re doing something that you care deeply about that you haven’t done before.

    Let’s talk about the typical way for coaches that shame snowballs into something ugly and leaves you feeling stuck. I’ll also share how you can quickly get unstuck and move forward powerfully.

    267: Break Through 4 Limiting Beliefs and Raise Your Coaching Prices!

    267: Break Through 4 Limiting Beliefs and Raise Your Coaching Prices!

    Find the full transcript for this episode and more resources for coaches at prosperouscoach.com/267.

    Other episodes mentioned in this one:
    161,58, 60, and 5

    Many coaches think: “I’m new at this and need to gain experience. I will raise my prices later.” But many wait too late to save themselves. Don’t let this be you.

    Are you waiting for some abstract sense of worthiness before you price enough to keep yourself in business? 

    Maybe you thought: “Lower pricing will help me get more clients in the long run.”

    I thought that too once, but I know for sure that the opposite is true. You will have to market far more than you are willing if you keep your pricing in student mode. 

    There is a lot of shadow about pricing your services in a way that cannot possibly sustain you or keep you in business. It is a form of self-sabotage. It’s time to align your money mindset with your coaching career goals. 

    Let’s do some breakthrough thinking, dissolve the typical limiting beliefs so you can be smart about your pricing from now on — no matter how long you’ve been a coach.

    266: Test the Profitability of Your Coaching Niche - Listener's Choice

    266: Test the Profitability of Your Coaching Niche - Listener's Choice

    Find the full transcript of Episode 266 and other resources for coaches at prosperouscoach.com/266. It is a LISTENER'S CHOICE episode because it is super popular with coaches already.

    Also mentioned in this episode:
    Nail Your Niche session with Rhonda
    Episodes: 140997108 and 57

    When coaches grab a Nail Your Niche Session with me and then ask: "Is this a good coaching niche?" What they really want to know but don’t know to ask is:

    Will focusing my energy this way repay me with a consistent flow of clients who are willing to invest?

    That's the 6-figure question.

    A strategically determined coaching niche is the linch pin for your financial success as a coach. Without that direction and focus your messages and offers will be vague and won’t capture attention. Which means you won’t have that consistent flow of paying clients.

    A profitable coaching niche helps you to:

    • Quickly become a coach in high demand through momentum.
    • Leverage your efforts and contextualize your messages and offers, instead of being all over the place.
    • Command higher fees.

    Test the financial viability of your current coaching niche with these 5 powerful questions.

    265: The #1 Reason Coaches Struggle to Niche

    265: The #1 Reason Coaches Struggle to Niche

    Episode 265 is about what you can do to breakthrough. There are shifts in perspective needed. Find the full transcript with more resources for coaches at prosperouscoach.com/265.

    Other episodes and resources mentioned:  247258,  and 79.
    Download my free niching guide.

    In my first session with a new VIP client, something wonderful happened ... another coach chose their smart niche!

    This coach is a highly intelligent person with tons of coaching experience in corporations and coaching firms. Their list of degrees and credentials is impressive and they speak multiple languages!

    They are articulate, self-aware and operate with integrity.

    I tell you all this because — even with all those assets — the coach started by telling me: “I’ve been stuck wanting to start my coaching business for 2 years but couldn’t figure out my niche!”

    Yep. That’s not at all unusual. Coaches are often held back for years because they won’t choose a niche.

    The #1 reason? FEAR. It can stop you in your tracks, if you let it. Here's how to stop that.


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