When your business coaching or personal business coach client contributes value to others, they deserve to keep some of that value for themselves. Many of your personal business coach clients don’t really understand how money and wealth works. That is why they need your business coaching to create wealth and financial freedom for their families. We will consider how all money comes from wealth of some kind. We will also consider how to create wealth, not through tricks or dishonesty, but through contribution to others.

Business Coaching: Teach Your Personal Business Coach Client How Wealth Comes From Wealth

Your personal business coach client must understand that all money comes from creating wealth of some kind. Most of the money that people have comes as a result of that person exchanging their time and effort, in the production of a product or service, for a fee. Every dollar that your business coaching client will receive on the road to creating wealth will come from someone who has worked to create the money in some way.

Every dollar you get, as a personal business coach or otherwise, must be given to you or paid voluntarily by someone else who has worked hard to earn that amount of money themselves. People will only pay you for things like your business coaching services if they see the efforts as being worth the efforts they’ve already invested.

Business Coaching: Have Your Personal Business Coach Client Ask Themselves, “What Can I Do To Deserve This Money From Someone Else?”

Your personal business coach client may have heard that most business breakdowns in communication could be avoided if we replaced the word “success” with “contribution.” The wealthiest people are the people making the most contribution to the largest group of people. They are making a product or service that large numbers of people are happy to purchase to improve the quality of their lives.

As a personal business coach, you can help instill this philosophy in your clients. Have your business coaching client ask themselves “What contribution am I making to other people to cause them to want to give me the wealth I want?” When your business coaching client stops thinking about themselves and begins focusing on giving to others, they will truly be on the path to creating lasting wealth.

Kris Thompson
JTS Advisors Strategy Coach