Old-style coaching or therapy business:
- Charge by the hour
- Fill as many hours as you can with paying clients
- Struggle to fit in “marketing” and client delivery in an average week
- Suffer roller-coaster revenue flow
- Run out of time before you run out of ambition
New-style coaching or therapy business:
- Decide who you want to work with
- Offer a programme to solve their biggest problem
- Launch it regularly with a specific (low) number of joiners
- Fill your days with conversations with people who look like your ideal clients
- Create a scalable and sustainable practice, thriving and earning exactly what you want
The main difference between those two approaches?
Old-style means spending 80% of your time on delivery, and the rest on random marketing efforts.
New-style means spending 80% of your time (at least) in conversations with people, and the rest on structured delivery.
Example from JHM in 2018:
- 3 hours a week coaching
- 30-ish hours posting content and having conversations
- 6-figure + revenue
If you’re too busy working with clients to make any real money, try flipping things around a bit.
PS – #TechWeek finished on a rip-roaring high yesterday, with the Day 5 LIVE video all about Messenger Bots and why you need them.