If you’re doing “everything right” but still stuck financially, you’re probably making one (or more) of these 7 money mistakes entrepreneurs and coaches make.
In this episode, I’ll show you how to stop trading time for money, price your coaching with confidence, pay yourself first (profit first style), and use smart debt to grow—so you make more, keep more, and build wealth.
What you’ll learn (and fix today):
👉 Mistake #1: Charging by the hour → how to price coaching for outcomes, not time.
👉 Mistake #2: Undercharging → premium pricing that attracts committed clients (and better results).
👉 Mistake #3: Not paying yourself first → simple Pay-Yourself-First / Profit First setup for coaches.
👉 Mistake #4: Fear of debt → when using credit to grow is smart (vs. dumb consumer debt).
👉 Mistake #5: Investing in stocks before self → why investing in skills & mentorship beats the market.
👉 Mistake #6: Taking money advice from broke people → build the right circle, make better decisions.
👉 Mistake #7: Treating cash as the goal → use money as leverage for freedom, team, and experiences.
This is a straight-shooting playbook for health experts and coaches who want a profitable coaching business: charge for transformation, price coaching properly, install a profit system, and invest in yourself so you can grow faster.
NEXT:
If you’re serious about scaling your health coaching without the grind or guesswork, then watch the Million Dollar Health Coaching Roadmap on our Youtube → https://youtu.be/xwSu1f1za6Q
It’s the full plan to grow from $0 to $1M+ as a health expert or coach.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
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