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3 Things Your Coaching School Didn't Tell You About Being a 6-Figure Coach Business Articles | December 9 Sergio Romero Jersey UK , 2009

Chances are when you started your coach training you heard stories about 6-figure coaches and all the money they can make. What they didn't tell you was what you needed to do to create a successful coaching business, avoid burn-out, and be a 6-figure coach.



There are a lot of great coaching institutions out there. And when it comes to training outstanding coaches, they are spot on. They know their stuff. However Diogo Dalot Jersey UK , when it comes to building a business they miss the mark.


Coaching skills alone won't make you a successful 6-figure coach.


I have worked with a lot of coaches who have the misleading impression they can and should become a 6-figure coach in just 6 months or so after starting their coaching business.


While there are those who have, they are extremely rare.


There are 3 important points you must realize and prepare for when starting a coaching business.


1. According to the Small Business Administration, is takes approximately 3 to 5 years for a business to become established.


Yikes, 3 - 5 years? Yup! Coaching is a business and it takes time to develop strong legs to grow on. Many coaches are starting from scratch. You have to develop everything from your own contracts to your program packages.


Be prepared to put in the necessary time & effort up front. Then create the systems to take some of the load off.


2. 95% of all businesses fail Fred Jersey UK , according to the SBA.


Not because of a lack of dedication, commitment or passion. I'm sure you have an abundance of all 3. Often coaching businesses fail due to lack of consistency & follow through.