Many people start online coaching businesses but only a small number are really successful and profitable. It is really easy to start an online coaching business so a lot of people tend to dive right in without thinking about what they really want from the business. You need a plan to make your online coaching business a success.
What do you want from your Online Coaching Business?
You must clearly define why you want to start an online coaching business and what you want out of it. Does it fir with who you are? Are you someone that likes to give back to the world? It is really important that your online coaching business aligns with who you are so that you enjoy the process.
How much do you want to earn?
Be clear about your financial goals for the business. If you are going to offer live coaching sessions then how much will you charge per session? For training and membership sites what will the cost for the clients be?
There are not that many costs associated with running an online coaching business which is good news. But your time is very important and you want to ensure that you are getting the best return on it. So work out your numbers and charge accordingly.
What kind of Lifestyle do you want?
It will take some time and effort to setup your online coaching business and get your first clients. After that you can run your coaching business just as you want it. Most people want more time freedom from online coaching and if you organize things well then you can obtain this.
If you want to take days or even weeks off then you can do this with online coaching. It is possible for you to provide coaching sessions from anywhere as long as you have Internet access and a computer or mobile device. Tell your clients when you are available and when you are not.
Set Goals for your Online Coaching Business
You need to set goals for your business. Write these down and keep a copy of your goals with you wherever you are. We recommend that you use the SMART FOR ME method to set goals. This stands for:
* Specific
* Measurable
* Attainable
* Realistic
* Timed
* Focus
* Optimism
* Ready
* Meaningful
* Exciting
It is essential that your goals are inspiring and excite you. They must be specific and measurable so that you can see how well you are doing. There is no point setting a goal that you cannot measure.
Take Consistent Action
Once you have created your detailed plan you need to break it down into daily actions. It is essential that you take action towards your goals each day and develop momentum and build on this. Once you have set up everything the most important thing that you need to do is to find clients.
You can never have enough clients. Some will stay with you for just a short time and others will be long term. Taking action consistently will provide you with the maximum chance of making your online coaching business a success. The business will provide you with the lifestyle that you desire.