One of my favorite things to do is help coaches make more money. Because when women have more money, they have more power. And I’m all about smashing the patriarchy and putting more women in charge.
If you’re a coach and feel like getting more clients and earning more money is an unsolvable mystery, lemme put on my detective cap and help you out.
In today’s episode, I’m diving into the top 3 reasons you’re not earning the money that you want (yet!) as a coach.
Before we dive into the reasons you’re not earning the money you want, I want to talk a bit about money mindset.
Often new clients will come to me with a bashful look on their face, scared to say how much money they want to earn because it feels “greedy” or “unimportant” – especially with the state of our world today.
I’m here to tell you that earning more money is very important – especially today. Why?
Because if you care about creating meaningful change in the world, then you need to start caring about acquiring the money to make that change.
Money creates jobs. Money allows you to serve more people. Money provides education to those who need it. Money is a huge form of power. And when that power is in the right hands – YOUR HANDS – you become unstoppable. With more money, you can do more good in the world.
Now that we’ve fixed up your money mindset, let’s dive into the reasons you’re not earning the money you want:
REASON #1: You’re not clearly communicating your offer
When you book a spa service like a massage or facial – the process is easy. You read about the offer, which is typically no more than a paragraph that clearly defines the service. Click, book, done!
In coaching, some people overcomplicate their offers. Instead of a straightforward explanation, they ramble on for many paragraphs – leaving the potential client scratching their head in confusion.
Take a peek at your offer description. Is it clear? Succinct? Easy to book? If not, rewrite your description to sound more like a spa service. Pure bliss and more profits ahead!
REASON #2: You’re listening to other people’s opinions
When I first became a coach 15 years ago, lots of people had opinions. They thought I’d fail and be back selling real estate within a matter of months. It seemed no one was confident in my ability to make life coaching a successful career.
Instead of shrinking down and listening to their opinions, I doubled down on my goals. I tuned out the voices who didn’t serve me and broadcasted my new career louder and prouder. Today, I have a multi-million dollar coaching business. Where would I be if I’d listened to them?
REASON #3: You’re working too “hard”
I’m not against hard work, but if you’re pouring energy into things that aren’t paying off – then you’re not working too hard… for nothing.
Time to take a step back and reevaluate. Maybe you’re spending hours a day posting on Instagram, but all of your clients come from local speaking gigs. Or you’re spending loads of time teaching group classes (that you kinda hate) when you could just have a small, elite group of private clients at a high price point and make the same amount of money (or even more) with less stress.
The good news is that if you want to rake in more profits, it’s in your power to get it done.
ONE MORE THING BEFORE YOU GO!
If you want support and accountability from me and a like-minded group of bad ass women – check out my mastermind ON THE SIX. In the program, I help you get to $100k and beyond without burning out and crying into your laptop because you’re so “busy.” You can get all the details on my website or in the show notes for this episode!
I’m cheering for a more profitable YOU!