Are you running a Coaching Practice or a BUSINESS?

Let's chat about something super important but frequently overlooked by most Coaches. For Business Coaches to rock they need to have an entrepreneur mindset. I mean, sure, you're great at coaching clients and all, but have you ever thought about how changing your thinking to  an entrepreneur mindset would take your game to a whole 'nother level? Let's get you from running a coaching practice (running things like a Coach and only focusing on your coaching) to a coaching business (thinking like an entrepreneur and actually making the income you’ve been dreaming about)!

Money Matters:

Alright, we all know money makes the world go 'round. So, as a Coach, it's crucial to get familiar with your finances. That means knowing your way around budgets, keeping an eye on cash flow, and making smart investment moves. Because hey, knowing your numbers not only helps your own business but also earns major brownie points with clients.

Goal-Getting and Projections:

Setting goals? Yeah, you've done it. But setting killer, “big hairy” goals and mapping out how to crush 'em? Isn't that what we expect our clients to do? Here’s an idea, how about you put together a budget that will allow you to plan for hitting your goals and reaching your success milestones! That's the real game-changer. Think big, break it down, and watch those dreams turn into reality. Plus, showing clients how it's done? Talk about inspiring! Have your clients watch you get results will inspire them and you at the same time! 

Hunting and Keeping Clients:

Let's be real, finding clients is like a treasure hunt. You’ve gotta dig deep, make connections, and show them why you're the one they need. But it's not just about snagging clients; it's about keeping 'em happy and coming back for more. Build those relationships like a boss! Smart entrepreneurs understand the market, know where their niche hangs out and has a Marketing Plan in place.

Contracts and Pricing:

The nitty-gritty stuff. Negotiating contracts, setting prices, and getting paid what your worth? It's all part of the business model that feeds your success. Get clear on what you bring to the table, and don't be afraid to ask for what you're worth. Trust me, it pays off.

Running the Show:

Being a Coach isn't just about coaching—it's about running your own show. That means juggling clients, handling administrative stuff, and staying on top of your game. Get organized, stay focused, and watch your biz grow like never before.

So, what's the bottom line? Thinking like an entrepreneur isn't just about running a business; it's about embracing a mindset that's all about hustle, innovation, and never settling for less. By channeling your inner entrepreneur, you'll not only level up your own coaching game but also inspire the heck out of your clients. 

So, here's to thinking like an entrepreneur and crushing it in every aspect of your coaching journey!

If you like this Blog and want more, here’s a FREE Tool for you to use that will help you build your coaching business (not practice). It’s called, “Business Coaching Fundamentals

Click here to download!

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