Archive for 'Coaching Revenue Streams'

Quick Fixes for 10 Group Coaching Mistakes Nearly Everyone Makes the First Time

Group coaching, masterminds, teleclasses and workshops are fantastic ways to leverage your time, earn significantly more and give your tribe a richer experience that has lasting impact. But if you are not used to working with groups, it can feel a bit intimidating.

group coaching Rhonda HessThe best advice I can give you is allow yourself to be vulnerable and let connection and collaboration take the lead. Sure be the authority, but also understand in your heart that the magic of groups is in the group

Everyone makes mistakes. They are never fatal to the program. At worst you might upset someone, but if you’re tracking the energy, you’ll know that and can easily make up for it by being real, owning your mistake and offering an offline private conversation. I’ve been amazed how in those circumstances the individuals always come back as more enthusiastic contributors who take leaps in the program.

Here some favorite facilitation mistakes and how to avoid or correct them.

  1. Too much information
    Limit yourself to 3 key points for every 90-minute period. Illustrate your point with powerful open-ended questions, exercises and stories that are relevant.

  2. Continue reading Quick Fixes for 10 Group Coaching Mistakes Nearly Everyone Makes the First Time

How to Create a High Ticket Coaching Package

Is it time for you to have your own high ticket coaching package? If you prefer to work with clients at a deep level, but want to move on from classic one to one coaching into long term group coaching, then you’re ready to create a bundled program your clients will love! And why not significantly amp up your profits while you’re at it?

Go for high quality, high impact time with your clients. But be sure to play to your strengths while also considering what people in your market really want. Some markets will be too busy for individual calls and prefer live events at an exciting destination where they can tack on vacation time. Some markets will want more “hand holding”, so you’ll want to load on opportunities for both group and private support.

Bundle Together Lots of Goodies

It’s really “anything goes” when it comes to designing your high ticket coaching package so feel free to get really creative as long as you know it will please you and your market. Here are a few tried and true features you can mix and match.

Keep in mind, what makes a program worth the big ticket price is proximity to you and in depth experiences.

Create a High Ticket Coaching PackageGroup calls — Offer one type or a combination of group coaching, mentoring, educational teleseminars, and/or mastermind calls.

Small group support —Break your larger group into sub-groups with mini-masterminds or monthly or weekly accountability buddies.

Private coaching by phone — Include 1:1 sessions of any length that are pre-scheduled or set “open coaching” time periods on a first-come-first-serve basis.

Live events — These could be private or group half-day or full-day intensives or retreats.

Online connection — Provide some sort of low touch venue for members in your group to connect, ask questions, share wins and challenges, such as private social networks or Q&A forums.


Continue reading How to Create a High Ticket Coaching Package

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?

5 Ingredients of a Successful Mastermind

Facilitating a Mastermind group is easy if you set it up for success from the get go. Before you begin your Mastermind, design in, and then continuously monitor, these five ingredients for a harmonious group:

member commitment,
intentions,
group energy,
connection, and
variety.


Continue reading 5 Ingredients of a Successful Mastermind

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

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    • 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