1. Be confident.
You chose to become a life coach for reason. It was something you were called to do. Why are you not functioning at your full potential? Do you doubt your ability to be a successful life coach? Are you afraid that you’ll get on a call with a client and forget everything that you have learned? Maybe you think that you lack the knowledge or skills to really create change in your client.
Acknowledge your skills and experience, and know with your full being that you are equipped to handle the job. As a life coach you are a visionary and know how to think outside of the box. You welcome challenges and make the ordinary, extraordinary and the impossible, possible. To be confident and realize your full potential as a life coach, you need to believe that you are competent and know that you are the right person, in the right place at the right time to coach your client.
2. Be fearless.
Every life coach experiences fear at one time or another whether you are a beginner or a seasoned professional. Very often fear prevents life coaches from high yield activities like cold calling, sending emails and other types of prospecting activities. Accept fear for what it is and do the work anyway! The more you do the tasks that you don’t want to do, the more you will get to do the tasks that love to do.
3. Work smarter.
As a life coach you have to continuously refine your plan and learn to work smarter. The more clients you take on the higher the stress level gets. Between your coaching activities and administrative functions you can easily become overwhelmed. You cannot be a great business person when you are experiencing stress and burn out. Is it time for you to hire an assistant? Do you need to set boundaries around your business with clients, friends or relatives? You became a life coach because of your entrepreneurial spirit and passion to help others succeed. Take the time to evaluate your business as you grow, and make necessary changes.
4. Value your time.
Time is money. You only have 24 hours in a day. As a life coach, you must be aware of the things your are spending your time and energy on. Busyness does not equal money. Coaching clients equal money for a life coach. Therefore, a large amount of your focus should be on prospecting and acquiring new clients. Don’t straddle yourself down with tasks that won’t earn you money. Try using the 80/20 rule. Prospect for business 80 percent of time and limit administrative duties to 20 percent of the time.
5. Set your fees appropriately.
As a life coach, your time really is money. You are a professional life coach and provide the best coaching services to your clients. Price your coaching services competitively and never settle for less. Be sure to charge what you are worth!
Tips and Considerations
Always continue to learn. Attend seminars, take courses or join social networking groups to stay on top of latest coaching practices and techniques.
Never stop prospecting. While you will get business referrals as you grow your life coaching practice, you must remember that your business is only as successful as the number of coaching clients on your books.
Consider adding a product line to your life coaching business. There are many products that you can add to your business that will help your clients as well as boost your income. Try creating booklets, or Cd’s to offer along with your coaching services.