Episode Transcript
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Welcome to Sustainable Coaching Podcast.
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I'm your host, Marilyn West.
I teach new coaches how to start their coaching business without overspending and overthinking.
If you found yourself here, it means you are ready to start your coaching business, or you are ready to monetizE your expertise.
.333333333Let's get staRted.
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Hello friends, welcome back to another episode.
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If you're starting your coaching business and you're feeling overwhelmed by all the things, today's episode is for you.
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We're gonna be talking about intentional investing.
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And I'm not just talking about your resources, like your money, I'm talking about your time and your energy as well.
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It is so important when you're building a coaching business that it aligns with your goals and your values.
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So let's get started.
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starting a coaching business can feel like, a whirlwind of decisions, strategies, and shiny objects that promise success.
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I see this so often in the online space, but here's the truth.
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Not everything is necessary, when you're starting and you have to understand that.
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when it comes to intentional investing, you have to identify.
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what you truly need and how you want to show up in the industry.
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And you gotta make sure whatever training or coaching program that you're investing in is definitely gonna move the needle forward for you.
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what I want you to do first is pick your coaching model.
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Now, before you invest into a program, tool or marketing, Decide what type of coach you want to be.
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Do you want to coach via zoom? do you prefer in person? that's really going to determine how you're going to structure your business and what your next step should be.
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If you're an online coach, there are so many things that you need.
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you need a CRM, a Client relationship management system.
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You're going to need some type of tracker.
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to keep track of your KPIs.
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There's just so many different things that you would need when you're becoming an online coach, because a lot of things that you will intentionally do in person.
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You have to do everything online and you want to make the process as simple as possible.
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You need to have a way to pre qualify people when they are determined if they want to work with you or not.
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on your contact form, you need to have applications or questions for them to answer so you can know right away if they're going to be a good fit for your program.
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You need to have some type of email automation system so you can be stay at the top of their mind by sending out emails and connecting to your audience after you start to build it.
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So the way that you structure your business is going to be determined by your coaching model.
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If you're doing more in person and like a fitness coach.
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And you are leaning heavily into your community, then you may not need all of these resources.
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You can start off with maybe a Facebook group.
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If you're a type of person who don't like to use social media, then you will probably have to invest into a community platform, like Circle, a Mighty Network.
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It can get very costly as an online coach, and you have to determine exactly How you want to spend your resources in the beginning.
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when you're thinking about giving your clients, their curriculum, you have to think about how you want to deliver it and those platforms can get.
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Pretty expensive So understanding and knowing the type of coach that you want to be is going to be so important.
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The next thing that I want to talk about when it comes to intentional investing is choosing your primary marketing platform.
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when you're thinking about intentional investing, I just don't want you to think about money, right? I want you to think about your time and energy.
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So when it comes to choosing your primary marketing platform, you need to make sure that it aligns with your strongest skillset.
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A lot of times people are getting onto these social media platforms, for instance, like Instagram, YouTube, and they don't have the bandwidth or it doesn't align with their strongest skillset.
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And they spend more time just thinking about what they're going to talk about, how they're going to show up.
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So, what I would say is pick one primary platform to master in the beginning and make sure it aligns with your strongest skill set.
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If you are a speaker, then you definitely want to look at platforms like YouTube, Instagram.
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You can utilize Reels.
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I'm starting to see that people are putting videos.
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on LinkedIn.
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I'm here for it because I love speaking.
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But if you are that coach and you're like, Hey, I'm not there yet.
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I don't want to show up and talk on these platforms.
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Then you can lean into the platforms like Pinterest and also blogging because they're very SEO driven.
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one thing about SEO driven platforms, They're going to align your content with the right people that are looking for you.
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Too many new coaches try to be everywhere at once, and I will encourage you not to do that, if you're trying to maintain Instagram, YouTube, LinkedIn, Facebook, and it's only you, and you're currently working at nine to five, you're going to burn yourself out, and not want to show up.
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So if your ideal clients are career women, LinkedIn might be a great choice for you.
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If you love speaking, a podcast could be the way to go.
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Just start with one and build from there because Your clients are everywhere as a coach.
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Alright, the next one I want to talk about is investing in the right skill set.
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for growth.
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this is kind of like choosing your primary marketing platform.
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When I say invest in the right skill set for growth, investing isn't just about money, it's about time and energy.
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So instead of buying random courses or tools, Focus on the skills that will directly impact your business.
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If you're struggling with sales, then you may need to invest in a sales coach, who can help you overcome that fear.
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if you are struggling when it comes to content marketing, then you may want to find a marketing coach If you want to start leaning into platforms like YouTube, Instagram Reels, then you may need to invest in someone who can help you with storytelling techniques.
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Invest in the right skills.
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So often I just see coaches just out here investing, but not understanding why they're investing.
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if you are someone who's not comfortable with Facebook, I wouldn't recommend jumping out there, buying a Facebook ad course, especially if it's DIY, because you're going to have to have some type of knowledge of knowing what a pixel is, your content is already converting and connecting with the right people.
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therefore you can continue to attract the right people.
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One thing that I always tell new coaches when it comes to marketing your content Should attract the right people and then you want to make sure that you automate the process meaning that if someone Follow you from your social media platform and they're interested in your content and They start reaching out to you in the middle of the night.
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You don't want to be up in the middle of the night Responding to those people you want to make sure you have automations in place That's going to allow you to push people through the sales process, right? And that's so important a lot of times when people are thinking that their coaching business are failing They don't understand that It is a marketing funnel over to a sales funnel people do not hit your sales funnel until you have had some type of conversation with them Via email, social media, and your inbox, that's when the sales process starts.
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And you do not want to slow that process down because in order to convert one client, you need to have at least 4 to 12 conversations So it's so important when you're thinking about your coaching business and your coaching model You want to learn how to attract? Automate and then amplify it and that amplify it can look different from everyone because I'm team organic That Amplify for me can be pushing out at least two to three podcast episodes a week, knowing that I am attracting more people, going high and heavy on the SEO scale.
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Apple is going to continue to push my podcast out there because they see that I am.
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active, Or that can be if you're more on the paid side, you're taking the time to set up a paid ad, either on Instagram or Google.
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So it's all about investing in the right skillset for growth.
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So here's what I want you to do.
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If you're a new coach, make sure that you take the time to audit your business needs first before making any investment.
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Ask yourself, is this something that I truly need right now? Or am I chasing a trend? Number two, start small and then scale.
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That's why I love saying attract.
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Automate and then amplify.
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Instead of jumping into everything at once, focus on one thing, master it, and then expand.
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If you have been listening to my previous podcast episodes, you know that I say it's always three parts of a coaching business.
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Starting, scaling, and sustaining.
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And unfortunately, you can be going back and forth between sustaining and scaling twice a year.
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You can start the year off saying, hey, you know what? I want to ease into this year.
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So I'm just going to be in that sustainable stage.
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I'm not trying to find new leads.
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I'm going to nurture the people that I already have and if they convert into a client, that's great.
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But I'm not looking for more people and when you're in that scaling phase, you're probably trying to find more leads.
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How can I grow my email list by a hundred, five hundred, a thousand? That's that type of mindset, I will tell you last year when I started the year, I was in a scaling, then I dropped back to sustain it.
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And that's where I want it to be.
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I want it to focus on just my clients and that's it.
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So when it comes to investing in the right skill set for growth, you have to understand where you're at in your business.
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The last thing I want to say is track your ROI, return on investments, whether it's money, time, or energy.
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You need to track it.
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If you are a coach, you need to have KPIs, key performance indicators.
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If you haven't heard of key performance indicators, listen to my past episodes where I talk about KPIs.
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you need to track what's going on and what's giving you results in your coaching business.
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If something isn't working, Pivot and refine the process as soon as possible because you don't want to keep doing the same thing over and over and it's not working for you you're going to feel burnt out and you're not going to want to keep going with your coaching business.
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Be intentional with your investments, my friend.
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Whether it's your time.
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Energy or money.
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when you create sustainable strategies inside of your coaching business, this is going to allow you to stay consistent.
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If it's not sustainable, then you're not going to be able to my friends, I hope this podcast episode resonated with you.
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If you haven't yet signed up to be a part of the Nail Your Niche workshop, which is kicking off tomorrow at 6.
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30, definitely click the link so you can sign up to be a part of that workshop.
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And if you can't make the live workshop, you can come back into the community and watch the replay.
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make sure you click the link.
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In the show notes and join the sustainable coaching society space where you can catch the replay of any workshop that I host for the podcast community.
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Until next time, my friend, I'll see you later.
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Thank you for listening to sustainable co-chair podcast.
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I hope it gave you the clarity and confidence to start your coating business.
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This is just not another podcast.
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Visit sustainable coaching.com
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to learn more about coaching with confidence.
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And culture with confidence, you will gain the clarity and confidence to launch your coaching business and how to attract clients by dominating the search engine, because we are the solution to someone's problem.
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As a coach.