{"id":13048,"date":"2012-12-03T06:03:52","date_gmt":"2012-12-03T14:03:52","guid":{"rendered":"http:\/\/coachestrainingblog.com\/becomeacoach\/?p=13048"},"modified":"2012-12-03T00:53:06","modified_gmt":"2012-12-03T08:53:06","slug":"coaching-training-profits","status":"publish","type":"post","link":"https:\/\/coachestrainingblog.com\/becomeacoach\/coaching-training-profits\/","title":{"rendered":"Coaching + Training = Profits"},"content":{"rendered":"

\"\"Formula: Coaching + Training<\/a><\/strong> = Profits. What does this formula mean? Well, to break it down, it means: coaching experience plus continual training will put you into a higher tax bracket. Admittedly, many coaches start out making almost abysmal pay. Starting salaries for coaches can be low and if you are starting your own coaching practice, it takes months or years to build up a solid client base that will generate a very good income. But, if you remember the formula, coaching + training<\/span> = profits, you will keep your eye on the prize and work through the lean times.<\/p>\n

There are many coaching systems, programs, courses, and schools which will help you train to become a coach. Some of them offer plenty of hype \u2013 TRAIN TO BE A COACH AND MAKE BIG MONEY. The first question to ask yourself when thinking of becoming a coach is, \u201cwhy do I want to become a coach?\u201d The usual answer is, \u201cbecause I want to help people.\u201d The next part of that answer is, \u201cbecause I want to make big money.\u201d Money does matter, specially after reading all the hype that programs use to advertise their courses and certifications. But, is it possible to make the kind of money behind the hype?<\/p>\n

Remember \u2013 Coaching + Training = Profits<\/h3>\n

Many coaches start out and quickly get discouraged. \u201cWhere is the big money I was promised?\u201d \u201cWhy are clients so hard to find and money so hard to make?\u201d What they didn’t realize is that coaching is a long-term commitment and that the financial rewards take time. It takes time in most professions to start making serious money \u2013 attorneys, accountants, even doctors often have to work long hours and put in a great deal of time before they are generously compensated. The difference is \u2013 they don’t have hype begging them to join the profession and the long-term rewards are already established in our culture. Coaching is a relatively new profession and the Internet is filled with hyped-up ads on getting into the coaching business.<\/p>\n

When starting out in the coaching profession, it is important to remember the first reason you became a coach \u2013 to help others. Even if you have only one client, you will be helping someone and experiencing the joy of sharing your wisdom and knowledge to help that one person achieve goals and dreams. This purpose, this altruistic mission will carry you through those lean years. Keep coaching and keep training and that formula will prove true \u2013 coaching + training<\/strong> = profits. In fact, the formula could actually be \u2013 coaching x training = profits as the financial rewards are eventually multiplied with extensive and varied training, but since I fell asleep in math class, the easiest formula to remember is coaching + training<\/span> = profits. Better yet \u2013 coaching PLUS as much training as possible = all the money that the hype promised you. Treat coaching like any other profession and keep in mind that it takes plenty of hard work, dedication, and patience to reap the financial rewards. There is a pot at the end of the rainbow, it just takes a little work to get there!<\/p>\n

By the way\u2026 you\u2019re invited to claim your FREE step-by-step \u201cLife Coaching Business Blueprint<\/a>\u201d<\/strong> video toolkit. Just go HERE<\/a><\/strong> now to get your life coaching business blueprint videos<\/a>.<\/strong><\/em><\/p>\n

Fred Philips<\/strong><\/a>
\nBusiness Coach
\nWriting Team, Coaches Training Blog Community<\/p>\n","protected":false},"excerpt":{"rendered":"

Formula: Coaching + Training = Profits. What does this formula mean? Well, to break it down, it means: coaching experience plus continual training will put you into a higher tax bracket. Admittedly, many coaches start out making almost abysmal pay. Starting salaries for coaches can be low and if you are starting your own coaching […]<\/p>\n","protected":false},"author":9,"featured_media":13052,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[65,538],"tags":[864,834],"class_list":["post-13048","post","type-post","status-publish","format-standard","has-post-thumbnail","category-coach-training","category-coaching-training-coach-training-3","tag-coach-training","tag-coaching-training","entry"],"jetpack_featured_media_url":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-content\/uploads\/2012\/12\/14582561_s.jpg","_links":{"self":[{"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/posts\/13048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/comments?post=13048"}],"version-history":[{"count":0,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/posts\/13048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/media\/13052"}],"wp:attachment":[{"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/media?parent=13048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/categories?post=13048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/tags?post=13048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}