{"id":4532,"date":"2010-09-07T09:05:37","date_gmt":"2010-09-07T09:05:37","guid":{"rendered":"http:\/\/coachestrainingblog.com\/becomeacoach\/?p=4532"},"modified":"2016-08-14T21:07:50","modified_gmt":"2016-08-15T05:07:50","slug":"3-roles-you-must-play-to-turn-a-coaching-practice-into-a-business","status":"publish","type":"post","link":"https:\/\/coachestrainingblog.com\/becomeacoach\/3-roles-you-must-play-to-turn-a-coaching-practice-into-a-business\/","title":{"rendered":"3 Roles You Must Play To Turn A Coaching Practice Into A Business"},"content":{"rendered":"

Would you be offended if I told you that your coaching practice<\/strong><\/a> is just a hobby?\u00a0 Well, if you are reading this, that might be your situation.\u00a0 Are you coaching part time without any concrete plan to leave your \u201creal\u201d job?\u00a0\u00a0 Undervaluing your services because you really want to help people but you aren\u2019t sure your coaching is good enough to charge them?\u00a0\u00a0 Or maybe you\u2019re coaching full time, but barely scraping by financially?\u00a0\u00a0 Not exactly what you had in mind when you decided to open a coaching practice<\/strong>, I\u2019m guessing.\u00a0 So how would you feel about turning that hobby practice into a business that will support you and give you the life you want?<\/p>\n

Three Essential Roles Make Your Coaching Practice Into A Lucrative Business<\/h3>\n

1)\u00a0 Every business needs an entrepreneur.\u00a0 To turn your coaching practice<\/span> into a successful business, you need to have a vision.\u00a0 What will the business look like?\u00a0 What services will you offer?\u00a0 Who will you serve?\u00a0 These kinds of questions require a vision beyond the issue of how many clients you have time to coach in a day, or what niche you prefer.\u00a0 They require an entrepreneurial mindset, an ability to see a bigger picture.\u00a0 As with any new concept, if you can\u2019t imagine it, you can\u2019t make it happen.<\/p>\n

2)\u00a0 A business needs a technician.\u00a0 The technician in a coaching business is you, the coach.\u00a0 You have the skills to do what the business offers as its product and service\u2013coaching, in whatever formats the entrepreneurial vision expects.\u00a0 The technician is probably the role that sits most comfortably on you if you already have a coaching practice<\/strong>.<\/p>\n

3) Your business needs a manager or administrator\u2013someone to handle the day to day running of your business.\u00a0 In a successful business, someone has to be designated to have the\u00a0 responsibility for billing, paperwork, follow-up systems, bill-paying, etc.\u00a0 This is a detail oriented job, and whoever fills it can\u2019t let important details fall through the cracks.<\/p>\n

What Do These Roles Mean For Your Coaching Business?<\/h3>\n

All three roles are essential if you want your coaching practice<\/span> to become a successful, satisfying and well-paid business.\u00a0 So you either have to fill them all yourself or get someone to do the ones you can\u2019t or don\u2019t want to do.\u00a0 To decide, ask yourself these questions:<\/p>\n

1) Which role do you play most often?
\n2) Which one least often?
\n3) What are the costs and benefits of you filling or trying to fill each of these roles?<\/p>\n

Be brutally honest, and when you have the answers, you will be well on your way to transforming your coaching practice<\/strong> hobby into a successful coaching business.<\/p>\n

Special Bonus \u2013 Learn 32 \u2018Guru\u2019 Transformation Techniques when you fill in the form at the top right and click the \u201cWatch The Videos Now\u201d button. You\u2019ll learn how to become a life coach in 30 days.<\/em><\/strong><\/span><\/p>\n

Dorine G Kramer
\nJTS Advisors Strategy and Accountability Coach<\/p>\n","protected":false},"excerpt":{"rendered":"

Would you be offended if I told you that your coaching practice is just a hobby?\u00a0 Well, if you are reading this, that might be your situation.\u00a0 Are you coaching part time without any concrete plan to leave your \u201creal\u201d job?\u00a0\u00a0 Undervaluing your services because you really want to help people but you aren\u2019t sure […]<\/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":[248,195],"tags":[1027,984],"class_list":["post-4532","post","type-post","status-publish","format-standard","category-coaching-practice","category-life-coaching-business","tag-coaching-practice","tag-life-coaching-business","entry"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/posts\/4532","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=4532"}],"version-history":[{"count":1,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/posts\/4532\/revisions"}],"predecessor-version":[{"id":19031,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/posts\/4532\/revisions\/19031"}],"wp:attachment":[{"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/media?parent=4532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/categories?post=4532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coachestrainingblog.com\/becomeacoach\/wp-json\/wp\/v2\/tags?post=4532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}