Mentor Monthly™ Newsletter
Business Building for Professionals....
Coaches, Consultants, Speakers & Trainers

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Issue #38: The Secret to a Thriving Practice?

David Wood, PCC
SolutionBox™
Support Center
www.solutionbox.com

 

Contents

1. Announcements/Offers
2. 'The Secret to a Thriving Practice?' (FEATURE ARTICLE)
3. About the 'Mentor Monthly™' Newsletter

Shows David's picture when online

1. Announcements/Offers

'Explode Your Practice' Selling Like Hot Cakes

The response has been HUGE for the 'Explode Your Practice' CD set.

People from all over the world, like Australia, United States, Zambia, Switzerland, Canada, South Africa, United Kingdom, Hong Kong, and France are now filling their practices with this powerful CD set.

Get your copy now at:

http://www.ExplodeYourPractice.com

 

Yet Another Exciting Product Coming… In a few weeks we’ll be releasing a product that we’ve spent the last seven months, and many thousands of dollars on. You’re really going to love this one! I can’t tell you much more, except that I’ll simply be revealing the exact steps I’ve taken to create my full practice, and now my passive income streams – and I lay the steps out in a way you can follow. Stay tuned…


2. FEATURE: The Secret to a Thriving Practice?

(Proudly Reprinted from Issue #9 of the Mentor Monthly)


Are you busy building a web site?

Would you say brochures are the answer? Business cards? Advertising?

Many coaches who try this route in the beginning, only grow their practice very, very slowly. They do what all the marketing books say. But why isn't their business booming?

I'm going to give you the answer right here in this article.

The Vicious Cycle

99% of coaches lack confidence. And rightly so! It can be very daunting to put on the hat of 'coach' and offer to change people's lives.

Building a web site or designing a brochure are great down the track. But while you're still scared to coach - you'll subconsciously find a way of turning away clients.

Here's the vicious cycle: Having little or no clients which means no exp'erience, which leads to a reluctance to extend the invitation for trial sessions, which leads to no clients, which leads to no exp'erience, and so on.

The Secret

The answer is quite simple - forget the money, forget your pride, and get your exp'erience up - no matter what it takes. And the fastest way to do that? "Coach 50 Clients!"

Free, paid, 1 session, 1 week, 3 months - I don't care. Just get those initial sessions.

As I explain in depth in my speech, choose your target list of likely prospects, craft an invitation that feels comfortable you, and do your initial, exploratory sessions - yes, with 50 people!

Each client, fee or no f'ee, 3 months or 30 minutes, is "gold" to you. And I'll tell you why...

What Every Client (or Practice Client) Gives You

  • the feeling you are really a coach, not a fraud
  • a practice that looks busier
  • the potential for more referrals
  • free training
  • more and more confidence with each client
  • possible revenue, either right away or down the track
  • a testimonial

Starting Out!

It's O.K. to be nervous when you are starting out, but do those sessions anyway. The next ones will seem easier. So, coach a lot!

Even if you are doing sessions for free, you will be gaining the confidence and practice to allow yourself to start charging for your work. You will see how you are helping others. You will be able to convince yourself of the importance of coaching in people's lives.

(By the way, if you're concerned about where to find your prospects, how to craft your invitation, and how to motivate yourself to get moving - then relax. I'll give you a link at the end of this article to the speech I delivered at the ICF conference - which explains in detail how to go from ZERO to FIFTY CLIENTS.)

Conclusion

In the beginning, don't distract yourself from coaching with longer-term marketing methods. Could you be trying to avoid coaching by working on your business cards or web site? Work through your confidence issues and explore coaching with your current network.

Once you have about 10 clients you can work with your mentor coach to find more sustainable marketing methods. By this time, your practice will begin to grow naturally in the number of clients, how long they stay and your inc'ome.

******

If you want to get started, and find out exactly how I've helped over 60 coaches walk this exact path, I highly recommend you listen to the speech I gave to the ICF conference called 'Getting Your First Fifty Clients'. I'm really happy that coaches are getting outstanding results from applying these principles.

You can access this online and on CD at www.firstfiftyclients.com.

Enjoy!



3. About the 'Mentor Monthly' Newsletter

TO SUBSCRIBE, and for fr'ee information packs on coaching, visit: http://www.solutionbox.com/freedownload.htm.

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Web site: www.solutionbox.com

David Wood is a Professional Life Coach, and author of the powerful Free Download: '50 Life Coaching Questions to Take Control of Your Life and Help Your Clients'. He helps coaches, consultants, speakers and trainers to build their businesses via his popular ebook: "10 Super Coaches Share Their Secrets" and his audio ebook: "Getting Your First 50 Clients".

"David Wood is a personal and business coach, and an original founder of the International Coach Academy - a global coach training school"

Copyright 2001-2005 Life Coaching Resource.com


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