{"id":3428,"date":"2010-05-18T15:45:45","date_gmt":"2010-05-18T15:45:45","guid":{"rendered":"http:\/\/coachestrainingblog.com\/becomeacoach\/?p=3428"},"modified":"2016-08-11T22:24:06","modified_gmt":"2016-08-12T06:24:06","slug":"life-coaching-business-blunders-do-not-forget-to-factor-in-the-high-cost-of-success","status":"publish","type":"post","link":"https:\/\/coachestrainingblog.com\/becomeacoach\/life-coaching-business-blunders-do-not-forget-to-factor-in-the-high-cost-of-success\/","title":{"rendered":"Life Coaching Business Blunders: Don\u2019t Forget to Factor in the High Cost of Success"},"content":{"rendered":"

Success in your life coaching business<\/strong><\/span><\/a> comes with a cost.\u00a0 But did you know it\u2019s not just the cost of achieving success in your business; it\u2019s also that once you are successful there will be costs in your life that you will have to pay?\u00a0 These are costs you must factor in and prepare for unless you want to be blindsided by them.\u00a0 \u00a0\u00a0Avoid honesty pitfalls.\u00a0 There is a lot of irrational stuff that happens.\u00a0 Emotional stuff that can get in your way.\u00a0 If you\u2019re not honest with the price you have to pay, it can knock you off your path.<\/p>\n

Life Coaching Success Cost #1:<\/strong> Taxes.\u00a0 Getting paid for coaching can have its own price.\u00a0 And if you\u2019re not prepared, you can have a great year only to get hammered by a huge tax bill at the end of a year.\u00a0 Prepare by talking to a professional who can help you get things set up for your success.<\/p>\n

Life Coaching Success Cost #2: <\/strong> Knowing how to manage your money.\u00a0 It\u2019s a problem a lot of people wish they had.\u00a0\u00a0 Unfortunately making money in your life coaching business<\/strong><\/span><\/a> doesn\u2019t mean you\u2019ll know how to hang onto it once you have it.\u00a0 Did you know that most major lottery winners are worse off a few years after they win than they were before?\u00a0 Take the time now to learn how to manage your money.<\/p>\n

Life Coaching Success Cost #3: <\/strong> Finding new friends.\u00a0 It\u2019s sad to think about it, but some of the people who you know now will not be with you in your future.\u00a0 They might be people who leave you along the way because you no longer met their needs, or they might be people who tried to hold you back along the way and you needed to let them go.<\/p>\n

Prepare for success in your life coaching business<\/h3>\n

Take a look at some of the costs that come along with success, and start working on finding ways to navigate around them before they happen.\u00a0 This will not only lessen the actual cost, but will also help you emotionally prepare so you will not stumble on them when they show up.<\/p>\n

Colette Seymann<\/p>\n

JTS Advisors Bi-Designated Strategy and Accountability Coach<\/p>\n","protected":false},"excerpt":{"rendered":"

Success in your life coaching business comes with a cost.\u00a0 But did you know it\u2019s not just the cost of achieving success in your business; it\u2019s also that once you are successful there will be costs in your life that you will have to pay?\u00a0 These are costs you must factor in and prepare for […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[195],"tags":[984],"class_list":["post-3428","post","type-post","status-publish","format-standard","category-life-coaching-business","tag-life-coaching-business","entry"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/posts\/3428","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/comments?post=3428"}],"version-history":[{"count":1,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/posts\/3428\/revisions"}],"predecessor-version":[{"id":18298,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/posts\/3428\/revisions\/18298"}],"wp:attachment":[{"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/media?parent=3428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/categories?post=3428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/tags?post=3428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}