Monday, September 25, 2017

Woman Entrepreneur Empowerment: Why should I get started in Coaching?

What is all the fuss about coaching?

I’ve been getting questions from some
of the women in my tribe/network and most want to know how they can get started
in the coaching business. I’m sure each of them have varying reasons why they
are interested.

If you have a desire to help others
that would be one reason to seriously look into this model. If you’re tired of
working harder without realizing the results, this is an ideal model for you.
If you want to monetize and share your expertise with the masses, this is an
ideal model for you.

Read on for additional supporting
information.

A recent article published in
USAToday.com says that “10,000 coaches of various types are working in the USA
alone according to a review in the current Psychotherapy Networker, a magazine
for professionals.”

There are many theories on why coaching
has grown to become such a popular tool for millions around the globe. The
self-help field has always been a booming business. Combine the popularity of
self-help with the Internet, which provides easy access to experts in every
industry, and it’s easy to see why coaching is such a popular and growing
field.

And coaching touches almost every industry imaginable. From Health and Wellness to Finance, Business, Life, Personal
development and more.

Here are just a few more statistics

            “Personal coaching in the US was the second fastest growth industry, after IT.
Apparently, there are 50,000 searches per month on Google alone from people
looking for a coach.” (Sydney Morning Herald)

            There are an estimated 40,000 coaches practicing in 70 countries worldwide.

            The coaching industry continues to grow at a rate of approximately 20% per year.

            Coaching is currently a $1 billion a year industry.

            There are over 50 coach training schools worldwide.

I’ve shared on other occasions the benefit of adding income
streams to your business. I’m sure you can see from this brief introduction to
the coaching model that this could provide a substantial increase to your
revenue.

Maybe you’re still asking, “Why should I get started in the coaching business?” I’m glad you asked.

There are many reasons, however, I’ll share one reason with you below.

Coaching Enables You to Add a High End Product to Your Sales Funnel. (More Profits)

When people buy a product or service
from you, they enter your sales funnel. Often they enter at the lowest priced
product or service available. Through marketing messages and communications the
goal is to move your customers up the sales funnel so they’re buying more
expensive products.

When you add a coaching program to your
sales funnel, it’s often your highest priced product or service. It’s your
highest end product. There are a number of reasons why coaching is such a
beneficial addition to your sales funnel:

#1 The broader your sales funnel, the more sales you can make from
each customer.

You will have some customers who will
start at the very lowest priced product and then proceed to purchase every
other product along the way. Adding a high priced item like coaching helps you
make more money from these wonderful and loyal customers.

#2 The broader your sales funnel,
the more value you offer to your customer.

Adding a high end product to your sales funnel ultimately offers
more value to your customers. They’re able to gain the maximum amount of
benefit from your business.

This is a glimpse into the wonderful world of coaching. If you
want to learn more about this and other income streams that will increase your
revenue you’ll want to register for my no cost Teleseminar …. Revealed: The
Coaching Business Model and other income streams and how to get your share.
This will be a power-packed content rich call that you don’t want to miss.
Click here to register for this empowering call now!

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