Archive for 'Revenue Streams'

To Be or Not to Be An Affiliate?

Recently several coaches have asked me if it’s worthwhile to engage in affiliate relationships. I say yes! And choose your friends wisely.

Continue reading To Be or Not to Be An Affiliate?

Create a Mastermind Group for Your Coaching Market

If you are only offering one to one coaching right now, this is the year to diversify your revenue streams. Your own Mastermind group is the easiest new program to offer. It’s a lower cost option for prospects to engage with you, and it will help you get off the money for time treadmill. As well as being a great stand alone program, a Mastermind group can be a great upsell or follow on program to a freebie, workshop or ebook.


Continue reading Create a Mastermind Group for Your Coaching Market

7 Steps to Your Own Coaching Products, Part 3

This series covers seven steps to innovating, designing and launching your own information products:

  1. Tune into Your Niche Market
  2. Leverage Your Product Funnel
  3. Outline Your Coaching Product
  4. Map Out a Project Plan
  5. Create Your Product
  6. Create Your Marketing Campaign
  7. Get Set to Deliver

Part 1 talks about the first three steps. Steps 4 and 5 are covered in Part 2. Here’s the scoop on 6 and 7 (plus a bonus step).


Continue reading 7 Steps to Your Own Coaching Products, Part 3

7 Steps to Your Own Coaching Products, Part 2

In Part 1 of this series, I outlined seven steps to innovating, designing and launching your own information products:

  1. Tune into Your Niche Market
  2. Leverage Your Product Funnel
  3. Outline Your Coaching Product
  4. Map Out a Project Plan
  5. Create Your Product
  6. Create Your Marketing Campaign
  7. Get Set to Deliver

The first three steps are covered in Part 1. Here’s the scoop on steps 4 and 5. I’ll cover steps 6 and 7 in Part 3.


Continue reading 7 Steps to Your Own Coaching Products, Part 2

7 Steps to Your Own Coaching Products, Part 1

If you understand what makes your ideal coaching market tick, you’ve got insider knowledge that can be turned into your own money-making products. Offering information products that solve a compelling problem for your market will help boost your credibility, build your brand, and amp up your coaching business revenue.

Here are seven steps to innovating, designing and launching your own products:

Continue reading 7 Steps to Your Own Coaching Products, Part 1

4 Quick to Market Ideas for Coaching Products

To make a satisfying living as a coach, you’ll want to sell your own coaching products. You see, unless your monthly coaching retainer is in the thousands or you carry dozens of clients at once, you can’t make a six-figure income on private coaching alone. Selling your own products is the best way to build trust with your market while you get off the money for time treadmill. The sooner you launch your own products, the better.

Continue reading 4 Quick to Market Ideas for Coaching Products

The Smart Way to Build Coaching Revenue Streams

As I pointed out in my last post, the best way to get off the money for time treadmill is to diversify your coaching revenue streams. To get past the ceiling on your coaching income, offer products and programs that don’t require more of your time each time you make a sale.

Doing this takes time and effort, so make sure you are working smart. Design your products and programs to fit together into a leveraged marketing funnel.

What is a marketing funnel and how do you create one?


Continue reading The Smart Way to Build Coaching Revenue Streams

  • Connect with Rhonda HessRhonda Hess on TwitterRhonda Hess on FacebookRhonda Hess on LinkedIn
    • Follow Rhonda on Twitter

    • COMMENTS

      COMMENTS

      • Barbara "Thank you for responding.  Yes, I'm still doing pro bono work. I have not taken this to the level where I'm getting paid.  You make a good point and although there are a vast number of women in this category, it does make me wonder if you're on the mark here. I was told to focus in on..." in response to How to Attract Clients in a More Coach-Like Way
      • Barbara "Wonderful article Rhonda.  I have been a "pro bono" coach for as long as I can remember.  I have gone through a program, hired and worked with a mentor coach, have a company and domain name,  business cards and a Pay Pal account.  Sounds great you might say!  Well, I haven't been able to take it..." in response to How to Attract Clients in a More Coach-Like Way
      • Angela "I truly truly credit you Rhonda with making me realize how incredibly important this is in business.  Now I run around telling everyone how much THEY need to do it!  Still working on my rebranding but it's coming together soon :) ..." in response to How to Attract Clients in a More Coach-Like Way