Friday, May 27, 2005
A realistic look at setting up a coaching practice
I was talking to my brother yesterday who runs a successful and expanding computer company teamsolve.co.uk
I asked for his top tips on what I should do as I seek to expand my coaching practice.
His advice was simple:
Well I did manage to shred my credit cards today - helped by my latest credit card bill of over £1K in a month - approx £500 of which was business expenditure! On my limited budget, it is questionnable whether I should have spent that much.
I have managed to find someone who will do me some professional photos at around £6 an hour - a bargain! Once I have these, I will submit my new photo and a 1 page description of what I have to offer to a number of sites which have a find a coach service. I am already listed on the International Coach Federation website, but don't have a current listing with the Coaching Academy despite qualifying with distinction from them in January 2004.
I have prepared a CV for a career management consultancy, I now need to draft a covering letter, quit stalling and actually send it off - so that I can get some associate work
The rest I still need to do....
Struggling not to be disheartened though by the scale of the challenge. His bottom line was set an intial seed money budget for the business - but then do not increase it until sales/client levels justify it. Instead find free or very cheap ways of advertising
I really enjoy writing, so it has always been in my plan to contact the local paper to see if they will let me write a regular coaching or women's column. I even have the contact details on my fridge that I gleaned from a chamber of commerce networking meeting... Now all I need to do is the same thing I tell my clients STOP procrastinating and actually do it. At least I have a stock of articles ready to send which does help.
There was a reason, I called this blog confessions of a coach... So like anyone else I struggle to practice what I preach. However, two weeks ago I read Rich Dad, Poor Dad - since then I have put in place 2 of its pieces of advice
How about you? My question to my readers is this: How good are you at learning from others? When was the last time you did something for the first time? Is it time you stopped just reading about what others are doing and started working on your own life, goals, dream and aspirations? Is there an area of your life, whether you know you need a bit of outside perspective and accountability? Can I make a suggestion... get a coach or find someone to buddy up with and work on your goal - make your dreams become reality.
Thanks for reading,
Michelle
PS If you want any help from a real person, who can help you work through your own answers and solutions to achieve your goals and dreams- call me on 07779 305825 or e-mail me or visit my website.
I asked for his top tips on what I should do as I seek to expand my coaching practice.
His advice was simple:
- Forget all the fancy website stuff I've been trying to do - as initially my website is an on-line brochure rather than a key source of new clients.
- Do get top level links from as many sites as possible, and provide reciprocal links
- Follow up the associate work I have been planning to do with key career management consultancies - I do have an interview with one soon and should consider applying to others. These are the foundation blocks of my business plan and I have been neglecting them
- Simplify my business card - he says the one I am currently using contains as much information as a leaflet and that is not its purpose. - So get a new business card and print some black and white leaflets - and distribute them.
- Make better use of my professional memberships on my publicity literature - eg CIPD, International Coach Federation and Coaching Academy logos
- Since I am CIPD qualified - see what HR consultancy work I can get during the initial start-up period of my business - cold call and send letters to companies within a 25 mile geographic radius offering my Human Resource services
- Get back to basics - people buy from people so I need to get out there, networking and being seen.
- Bottom-line guard my finances. The money that I had ear-marked for the next 6 months in business, he told me to try and make it last 12 - even if that meant getting associate work or a part-time or temporary job while I am expanding my business.
- Cut up my credit cards they are just pure temptation
- His other advice - consider sticking with business and career coaching rather than life coaching... that I am still wondering about...
Well I did manage to shred my credit cards today - helped by my latest credit card bill of over £1K in a month - approx £500 of which was business expenditure! On my limited budget, it is questionnable whether I should have spent that much.
I have managed to find someone who will do me some professional photos at around £6 an hour - a bargain! Once I have these, I will submit my new photo and a 1 page description of what I have to offer to a number of sites which have a find a coach service. I am already listed on the International Coach Federation website, but don't have a current listing with the Coaching Academy despite qualifying with distinction from them in January 2004.
I have prepared a CV for a career management consultancy, I now need to draft a covering letter, quit stalling and actually send it off - so that I can get some associate work
The rest I still need to do....
Struggling not to be disheartened though by the scale of the challenge. His bottom line was set an intial seed money budget for the business - but then do not increase it until sales/client levels justify it. Instead find free or very cheap ways of advertising
I really enjoy writing, so it has always been in my plan to contact the local paper to see if they will let me write a regular coaching or women's column. I even have the contact details on my fridge that I gleaned from a chamber of commerce networking meeting... Now all I need to do is the same thing I tell my clients STOP procrastinating and actually do it. At least I have a stock of articles ready to send which does help.
There was a reason, I called this blog confessions of a coach... So like anyone else I struggle to practice what I preach. However, two weeks ago I read Rich Dad, Poor Dad - since then I have put in place 2 of its pieces of advice
- Do a direct sales and marketing course to help me in expanding my coaching, speaking and writing practice
- Find successful role models and learn from them
How about you? My question to my readers is this: How good are you at learning from others? When was the last time you did something for the first time? Is it time you stopped just reading about what others are doing and started working on your own life, goals, dream and aspirations? Is there an area of your life, whether you know you need a bit of outside perspective and accountability? Can I make a suggestion... get a coach or find someone to buddy up with and work on your goal - make your dreams become reality.
Thanks for reading,
Michelle
PS If you want any help from a real person, who can help you work through your own answers and solutions to achieve your goals and dreams- call me on 07779 305825 or e-mail me or visit my website.
Comments:
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Interesting reading - just popping by to say hello, I'm an online friend of Caroline's, found your blog from hers. :)
Great blog you have here, I have added it to my list and will check in often!
I have a similar site about autoresponses and you
can check it out below.
Best Wishes,
Ken
autoresponses
I have a similar site about autoresponses and you
can check it out below.
Best Wishes,
Ken
autoresponses
Hi saw your blog and was inspired by some of the content. I've was thinking of getting a blog on life coaching, do drop by sometime and give me any ideas
I like your blog. You are giving us some good information on personal spiritual growth. Always and interesting and challenging topic. Have a look at my personal spiritual growth website. You can sign up for a 52 week e-course there - for FREE!
Abundant blessings
Barbara Hofmeister
www.trainingvisions.com
Abundant blessings
Barbara Hofmeister
www.trainingvisions.com
A good blog. Thanks for taking the time to write about personal spiritual growth. Isn't that what it is all about? If you are really into this topic go to my personal spiritual growth website and sign up for the FREE e-course.
Take care
Barbara
www.trainingvisions.com
Take care
Barbara
www.trainingvisions.com
Blimey! I didn't realise we had anything as exotic as a life coach here in Crewe! I had a life changing illness three years ago that made me reaccess my life and what I wanted to do with it. It's been interesting (to put it mildly). At the moment I'm in the process of writing a novel which is something I've always wanted to do. If you're interested, you can follow the progress at www.my-novel.blogspot.com (no, I'm not spamming you... honestly).
I'll definitely be following your blog. It's interesting to see how other's develop their interests, work, lives etc (aren't they all ultimately connected?).
~Sharon
I'll definitely be following your blog. It's interesting to see how other's develop their interests, work, lives etc (aren't they all ultimately connected?).
~Sharon
Just noticed that your last post was in May last year. What a shame you didn't keep it up. This could've been both interesting and useful. ~Sharon
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These are real, genuine, They are verifiable and student records and
transcripts are also available. This little known secret has been
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