Mastering the Four Phases of Coaching Business Growth

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welcome to this episode of The Millionaire Maker Show.

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I am your host, Lindsay Anderson, and today's episode is gonna be me and you.

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We're gonna be talking about how to master the four phases of business growth.

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Now, if you haven't had the chance to listen to episode one where I

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outline the Millionaire Maker Coaching Funnel, you're gonna wanna head over

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and listen to that and then come over here to episode two where we focus on

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the four phases of business growth.

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You're going to want to listen in and take notes on this episode.

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Because I'm going to outline step by step how to generate Enough consistent

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revenue where your coaching business can literally be your bank account

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and bring you more time, more money, more freedom, and more impact.

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Now, before we hop in to start talking about the four phases of business growth.

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I wanna remind you to head on over to the Millionaire Maker show.com/insiders.

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If you head over there, and put in your name and email address.

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You'll receive early access to each new episode, exclusive bonus content

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and resources designed to help you implement all of these strategies we

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discuss in the show and not to mention.

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The first 100 people, the sign up will receive a very special surprise.

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So head on over to the millionaire makers show.com/insiders.

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Let me set the stage when it comes to the phases of business growth

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and how vitally important it is that you attack and tackle these stages.

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In the following order revenue impact, freedom, and legacy.

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Now, when I first got started in the coaching space and creating

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social media and building my email list about 15 years ago, I.

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Had the misconception that if I built an audience and it didn't really

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matter who was in that audience or who I was attracting, if I was able

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to attract enough people and have a big enough impact on people, then

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my bank account would reflect it.

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I was completely obsessed and interested in making the biggest impact I could

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because I believed that the money would follow, but I was completely wrong.

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I was focusing on impact.

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I thought I was doing good in the world, and no matter how big my audience got,

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Because I wasn't focused on revenue.

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I was always scratching and crawling and aching to get by.

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I would continually look at my bank account and wonder, why am

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I putting all of this work in?

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Why am I putting hour after hour in?

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Only to have absolutely nothing in my bank account.

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Revenue is the fundamental resource that will allow your coaching

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business to sustain itself.

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Grow and evolve, and without a consistent and adequate revenue stream, your

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business can quickly run into financial difficulties, and your longevity can

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be seriously threatened, leaving you without a coaching business and leaving

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your potential prospects your expertise So revenue generation understand this.

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It's not just about survival.

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It's about setting the foundation for all of the other phases of business

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growth that we're gonna talk about today.

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You wanna think about cash flow and revenue as a building block upon which

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the rest of your business is built.

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Once you have a solid revenue base established, and you can count on this

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money coming in, and you no longer have to bite your nails, wondering how you're

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going to make it to the next launch.

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You'll be able to have the resources to create a much broader impact, such as

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investing in more products, developing one to many coaching programs, creating

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courses and memberships that can truly have an impact on so many people

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Now, the freedom phase is where internet dreams are made after

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you've focused on revenue and impact.

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Freedom is where.

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You are waking up to several thousand dollars purchases in your email.

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You are able to go on vacation.

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You're able to take off.

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You are able to have some real freedom.

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In your lifestyle and with your finances, with your creativity, and with your

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company than you ever have before.

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And that is because you have developed a consistent cash flow stream.

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You know that you can make sales, you know how to attract those customers,

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and now you have leverage to have real freedom in your business and life.

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And the fourth phase is legacy.

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Once your business has a strong revenue stream, you're

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making a significant impact.

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You have the lifestyle freedom and the financial freedom

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that you are looking for.

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You can then really focus on legacy.

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That involves long-term planning, creating something that lasts

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beyond your involvement that it will continue to live on even after you.

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Decide to take a less active role in your business.

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The people who come to me typically fall into one of these four categories.

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they're looking to make money They're focused on impact.

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They want more freedom.

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or They're looking for a legacy, I can't tell you how many times I hear.

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From my clients because I really truly attract some of

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the most amazing people to my.

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Coaching business and very frequently they come and they say,

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Lindsay, I cannot charge more.

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I wanna be accessible.

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I wanna be able to make an impact to as many people as possible.

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I cannot charge high ticket rates.

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And to that, I say, I understand.

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I also wanna make an impact.

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I know that you don't want to not be available to those individuals who cannot

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afford it, but here is what I say to that.

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There are YouTube channels.

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There are free resources that are available that teach many of the things

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that you teach that can help those individuals who are at that place,

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in their life and their business.

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Where for you, it's very important to position yourself in a place where

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you teach more advanced strategies, where you can bring people in who

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are willing to pay you for your work.

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And you can get paid and develop a consistent revenue stream.

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Once you do that, you'll be able to turn around and make that impact and offer

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lower cost courses for those individuals follow the Millionaire Maker self

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filling coaching funnel from episode one.

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You will then be able to have a plan.

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What is the plan for nurturing those individuals from low-cost programs,

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clear up into one-on-one coaching instead of just offering low-cost

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programs and hoping you sell enough over a long enough period of time to

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make a real impact on your bank account?

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Straight up between me and you, it will not work.

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You will not be able to make enough money in your coaching business to afford you

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any kind of freedom in your lifestyle just by selling Lowcost programs.

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If you want the proof for yourself on this concept, please.

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Push pause.

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Take a moment.

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Sit down and literally do the math about how much of your low-cost membership

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or your low-cost courses that you literally will have to sell in order to

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make a significant impact on your life.

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And then ask yourself, okay, have you done this before?

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Are people flooding in on these low-cost offers?

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And how exactly are you going to be able to make sales?

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In the long term and consistently, that will keep your bank account full

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and allow you to have the cash flow in your business that will actually

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take you to where you're going.

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The answer is it won't.

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It's as hard to get $47 for a low cost membership out of someone as it

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is to market high ticket coaching.

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So look at what you're doing.

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Look at the reasons why you feel like I want impact, or I want legacy, or

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I want freedom and that's the only thing that I want, and I want it now.

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Trust me.

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I know that you want those things, but revenue is truly how you'll be

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achieving all three of those goals.

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Now I already hear.

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I hear it.

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I hear, I know.

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I'm on a podcast here, but I already hear what you're saying, Lindsay.

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I get it, but I'm special.

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Okay.

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I'm gonna focus on all four phases at the same time, and I'm

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gonna caution you with that when.

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Coaches try to focus on all four phases of business growth

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at once or even two at a time.

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You'll find yourself spread too thin.

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Your customers and prospects will be confused and you'll not be able

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to implement the appropriate systems necessary to do this stuff on autopilot

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to legitimately get you to the next phase.

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For example, revenue.

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Generation definitely requires a sales focused approach and

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a significant time commitment.

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Where creating impact, you might need community outreach,

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or you might need to run ads.

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Believing in the revenue phase and doubling down on the revenue

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phase means you're heavily focused on sales, marketing, and client

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relations to bring in cash flow.

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So I'm gonna caution you, I'm gonna caution you that you're not I've

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consulted with hundreds of coaches.

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I've heard it all before.

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You cannot focus on two of these at once.

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You wanna focus on one, accomplish that, and then focus on the other three.

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Let me share with you the impact of what not focusing on the revenue

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stage in your business can lead.

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this is best demonstrated through a client's story.

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Now I have a client, his name is Brian.

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He's incredibly passionate about holistic health and wellness, and he

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started a coaching business to help other men achieve their wellness goals.

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Now he was an expert in his field and he had a huge vision to have a significant

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impact on people's lives because his own health and wellness journey.

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Led him to know what a significant impact he could make.

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Now, Brian, he was completely and incredibly passionate about his service

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and he dove into his coaching business thinking that his passion and knowledge

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were enough, and that money would naturally flow now, he spent most of

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his resources, his time, and his money, creating extensive high quality content

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for both his blog and social media.

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He thought that that would attract a broad audience who would eventually sign up for

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his coaching services when he came to me.

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He had a robust online following, but he was failing to convert these followers

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into paying clients effectively.

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He had not thought through a proper pricing structure for his services.

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He had not implemented the strategies to monetize his online content effectively.

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He didn't understand his client base or what their problems were or what

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they would be willing to pay for.

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Now over time and why Brian reached out to me was because the cost of running

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his business, creating content and living expenses began to start piling up.

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In fact, Brian had left a corporate job to pursue his online coaching

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business, and that corporate job was literally staring down the barrel at him.

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In six months, he would have to go back unless he figured out how to monetize.

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His coaching business.

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So Brian is a perfect example of someone who has the passion and knowledge to make

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a significant impact in people's lives.

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But the complete neglect and ignoring of the revenue phase, or wanting to

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go out and learning sales skills and strategies for converting people from

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social media into your coaching business led him into financial hardship and

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stress, That made him really want to give up and quit his business.

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Now, when he found me, we restructured.

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We focused on one-on-one coaching model.

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I consulted him around creating coaching programs that created a big impact for

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his client as well as revenue for himself.

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I guided him through my process of getting one-on-one clients,

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understanding their problems, and then.

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what to say and how to say it, and how to appeal to those individuals in

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his audience that would actually pay him what he was worth and have the

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transformation that he was creating, he was eventually able to take his

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one-on-one work to a one to many program.

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But it took him longer than it should have.

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if he would've focused on revenue first, Brian wouldn't have had to go

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through all of these financial stresses.

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He wouldn't have had to think about what it would be like to not have his coaching

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business and go back to corporate America.

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After our work together, Brian now has a process where he knows how

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to enroll one-on-one clients into his coaching programs and get those

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individuals off of social media and into his coaching programs.

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Brian's story is the perfect example of what it can look like when you

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don't focus on revenue generation in the earlier stages of your business

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and all of the struggles that you can avoid by looking at those revenue

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problems head on, figuring those out.

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And giving yourself the luxury and the freedom of having consistent

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cash flow in your business.

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that's the revenue phase.

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We're talking one-on-one coaching.

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We're talking bespoke coaching programs that you can tailor with your

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client and having big, big impact.

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And that's really what.

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The revenue phase of your coaching business looks like next, we're

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looking at the impact phase.

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The impact phase is the stage in business where you can really start to leverage

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your time and make an bigger impact through group coaching programs or

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courses where you let video and other technology make that impact for you.

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This is where your programs can become lower cost and be a bit

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more accessible to your audience.

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Now, the impact phase comes into play after a solid foundation has

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been laid in the revenue phase.

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Once a business has secured stable and consistent revenue.

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You now have the financial security and resources to think bigger

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and figure out how to have an impact on many people at a time.

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In the impact phase, you're focused on scalability.

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With group coaching that will allow you to reach and help more people.

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We're focusing on a collaborative environment where people can learn

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from each other's experiences, and your coaching programs can actually have a even

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bigger impact because of the introduction.

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Of a community.

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And finally, accessibility group coaching can often be offered at a lower price

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point per individual, making your services more accessible to a larger audience.

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Hence, Expanding your impact.

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Now, how do we do the impact phase?

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What are the main things we need to focus on when talking about the impact phase?

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Well, first of all, most of all The impact phase is all about dependable systems.

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Dependable systems are crucial for any business aiming to increase its impact.

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These systems, which could include everything from the sales processes

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to customer service protocols, will ensure your consistency and reliability

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in delivering your coaching services.

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When you have dependable systems, it takes you out of the business, and the business

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runs on autopilot and becomes consistent.

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And your prospects and those individuals that coach with you will

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start seeing a systematic results.

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Having these dependable results is very important in this phase, and these

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results will validate the effectiveness of your business, of the transformation

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you offer of your methodology, and will further enhance your credibility making

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marketing and sales that much easier.

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When you have dependable results, because you have everybody in a system,

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you'll be able to provide evidence of your impact and that will become a key

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selling point for attracting new clients.

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It becomes so much easier once you're in a system.

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Let's talk now about the freedom phase.

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As I mentioned, the freedom phase is where all your internet dreams are made.

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You have money coming in because you've set up reliable systems in the impact

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phase, you have the time freedom.

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you come in in the morning and your systems have done much of the work for

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you, and this is the freedom phase.

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This phase will enable you to generate income without the need for constant

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active marketing or coaching efforts.

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It's where systems automation and delegation come into play Now.

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How do we achieve the freedom phase?

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It's a great question, and the answer is you are gonna continue

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your focus on effective systems and automation, and you are also going to

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introduce a competent team and start leveraging passive income strategies.

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So for example, a system you might develop a sales funnel That nurtures

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leads automatically taking them from a lower cost offer into your group coaching

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program into one-on-one coaching.

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If you are following the millionaire maker self filling coaching funnel

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that we covered in episode one, you will see that in the freedom phase,

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this is where you now can have lowcost offers and you can understand how

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a Lowcost offer because buyers or listeners And it will very naturally

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lead to many people reaching out to you for high ticket, one-on-one coaching.

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, implementing This system into your coaching program is amazing because

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you have all of the information that you need to actually make this work.

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Automation also becomes a huge factor here where you know what emails to send

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out in order to nurture these people.

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You know how to bring them in and what.

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Objections and problems and how to message and position yourself so that

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people will inquire about your services.

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in order to achieve impact, will be developing a team.

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You're only as good as your team.

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And this is so true in the coaching industry.

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A competent, reliable team will take over many of the day-to-day

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operations of your business.

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That will reduce your workload and allow the company to function

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without your constant oversight.

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I remember when I realized and was so grateful for my freedom phase.

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I was called out of town for four weeks suddenly, and I knew

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because I had built the Millionaire Maker funnel from the bottom up.

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I had appropriate systems.

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I had the team I was able to leave four weeks, and when I came back, My business

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was running just as if I had never left.

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Now remember this about developing a competent team.

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You wanna make sure you hire the right people and train them

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adequately and really be looking at being a leader in your company.

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Develop a culture where your team feel motivated and

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empowered to do their best work.

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When you do this and you view every single team member as

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an asset, you are continually.

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Able to amplify what you and your coaching business are able to achieve.

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Also, in this phase, you're gonna be able to leverage passive income

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strategies such as selling courses, low cost courses on autopilot.

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You'll be able to wake up or go on vacation and see money being

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deposited into your bank account without you having to Lift a finger.

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So once you get yourself in the revenue phase, then the impact

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phase freedom is awaiting, which leaves us with the legacy phase.

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Now the legacy phase of your business is the stage where you as a leader

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start to think about the long-term impact and continuity of your business.

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You have systems that allow the business to run on autopilot.

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You can count on your cash flow and you can start thinking about bigger,

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more important questions like, what will my business legacy be?

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Can I continue to create a sustainable and lasting influence that goes

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beyond my involvement in the company?

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And how do I take what I've built in this company and create charity or ensure the

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company's values and culture continue to endure even if you aren't taking an

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active role in your coaching business?

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Now, the legacy phase can manifest in many, many ways depending

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on the nature of your business, the goals you have as a coach.

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It could involve creating a family business passed down through

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generations, establishing a trust or a foundation, or instilling a

Lindsey Anderson: 00:23:54

corporate culture that carries.

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Your vision forward.

Lindsey Anderson: 00:23:58

There are a lot of options here in the legacy phase, and if you build your

Lindsey Anderson: 00:24:02

business from the ground up following these phases, one at a time, you will

Lindsey Anderson: 00:24:08

be able to create an asset that will last long After you're done coaching,

Lindsey Anderson: 00:24:15

you'll be able to have a business an effect on the world and people around

Lindsey Anderson: 00:24:20

you that will leave a lasting impact.

Lindsey Anderson: 00:24:24

what this would look like for you is best through this example, Eliza.

Lindsey Anderson: 00:24:29

Now Eliza, she was a leadership coach When she came to me, she had

Lindsey Anderson: 00:24:33

a strong focus on the revenue phase.

Lindsey Anderson: 00:24:36

She was ready to launch her business.

Lindsey Anderson: 00:24:38

She was working in corporate America and was ready to leave her HR job

Lindsey Anderson: 00:24:43

and hop into her coaching business.

Lindsey Anderson: 00:24:45

But she's in a real kind of a situation here because she has to do this

Lindsey Anderson: 00:24:50

correctly because of the four ohk and the stability and the money that

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her her HR job was affording her.

Lindsey Anderson: 00:24:58

Now, she.

Lindsey Anderson: 00:25:01

Signed up with me so that she could get the shortcut.

Lindsey Anderson: 00:25:04

She didn't have the luxury of making mistakes.

Lindsey Anderson: 00:25:07

She knew what she wanted and she was ready to build it and understood the power of

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having someone with a higher level of perspective and experience in her life

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would be able to shortcut her results.

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So, Our work together, of course, began with one-on-one coaching.

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I helped her develop a strategy for obtaining and getting

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one-on-one coaching students.

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We priced her packages to attract the right clients while focusing

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on profitability to help her get out of her full-time job.

Lindsey Anderson: 00:25:43

Her dedication to building a solid revenue stream allowed her to hire a

Lindsey Anderson: 00:25:47

small team, invest in marketing, and continually grow her client base Now.

Lindsey Anderson: 00:25:54

Once she was consistently generating a healthy income that she could actually

Lindsey Anderson: 00:25:58

depend on, and she knew if she was out of income or needed more clients, she

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actually had a system and a strategy that would attract more clients to her.

Lindsey Anderson: 00:26:09

She moved into the impact phase here.

Lindsey Anderson: 00:26:12

I helped her develop group coaching programs And online courses that

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enabled her to reach more people while maintaining her revenue growth.

Lindsey Anderson: 00:26:21

We also took her from a one-on-one coaching model to group coaching,

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which really allowed her to leverage her time and money.

Lindsey Anderson: 00:26:32

As her business continued to grow, Eliza finally reached the freedom phase.

Lindsey Anderson: 00:26:38

She was able to quit her full-time job.

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She had systems and a capable team in place that allowed her business

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to operate effectively, even without her constant involvement.

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So now she's.

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Not even working in corporate America and her coaching business

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is running on autopilot because she has invested in the revenue phase

Lindsey Anderson: 00:26:59

and the impact phase, and now Eliza shows up to her life and her business

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doing exactly what she wants to do.

Lindsey Anderson: 00:27:07

She started introducing passive income streams such as pre-recorded

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online courses, mini courses.

Lindsey Anderson: 00:27:14

eBooks.

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This gave her even more time and flexibility to focus on strategic

Lindsey Anderson: 00:27:19

growth and other personal projects.

Lindsey Anderson: 00:27:22

She has a lot of personal projects.

Lindsey Anderson: 00:27:26

Now she's in the process of looking at the legacy phase.

Lindsey Anderson: 00:27:30

What does she want the long-term impact of her business to be?

Lindsey Anderson: 00:27:34

How much does she wanna be involved?

Lindsey Anderson: 00:27:37

Everything is working on autopilot, so she has a lot of freedom to really decide

Lindsey Anderson: 00:27:43

what she wants her business to become.

Lindsey Anderson: 00:27:45

Now, Eliza's story is an excellent example of a business that effectively

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navigated all the growth phases.

Lindsey Anderson: 00:27:52

This took her over the course of a couple of years working with me, but she.

Lindsey Anderson: 00:27:59

Started with a strong focus on revenue, we expanded her impact and then we

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achieved operational freedom, and now she's considering her long-term legacy.

Lindsey Anderson: 00:28:09

This strategic and balanced approach focusing on the right things.

Lindsey Anderson: 00:28:13

Ensured that she knew exactly what was going to be coming up in her

Lindsey Anderson: 00:28:18

business and achieve these results as quickly as possible with the

Lindsey Anderson: 00:28:23

least amount of stress as possible.

Lindsey Anderson: 00:28:27

Let's talk about action steps Okay.

Lindsey Anderson: 00:28:29

First of all, let's talk about how to identify what you currently need to be

Lindsey Anderson: 00:28:35

focused on, if you're looking at your bank account and there's not enough

Lindsey Anderson: 00:28:39

money there, and you're constantly wondering how you're going to make more

Lindsey Anderson: 00:28:43

money in this business, it is essential that you focus on generating sales and

Lindsey Anderson: 00:28:49

attracting new clients and ensuring your business' financial viability.

Lindsey Anderson: 00:28:55

You only wanna be concerned about cash flow.

Lindsey Anderson: 00:28:58

It doesn't matter how many bodies, it doesn't matter how big your audience is.

Lindsey Anderson: 00:29:02

What you want to do is figure out how to generate sales and attract new clients.

Lindsey Anderson: 00:29:08

Now, if you have a steady income stream and you can bring on one-on-one

Lindsey Anderson: 00:29:13

clients, With predictability, it's time to start expanding your

Lindsey Anderson: 00:29:17

services and reach a larger, audience and really leveraging your time.

Lindsey Anderson: 00:29:23

That's when you can look at going into one to many coaching and starting to shift

Lindsey Anderson: 00:29:29

scaling your operations and influence Now, if you already have systems and a team

Lindsey Anderson: 00:29:35

and you're not involved in the day-to-day operations of your coaching business,

Lindsey Anderson: 00:29:39

that means you're in the freedom phase and you can count on your bank account,

Lindsey Anderson: 00:29:43

and now you really wanna implement systems and strategies that will help you.

Lindsey Anderson: 00:29:48

Maintain sustainable growth.

Lindsey Anderson: 00:29:50

And then finally, legacy phase.

Lindsey Anderson: 00:29:52

If your thoughts are turning towards long-term impact of your business, and

Lindsey Anderson: 00:29:56

the legacy you leave, you really wanna start focusing on the legacy phase.

Lindsey Anderson: 00:30:01

So, There you have it.

Lindsey Anderson: 00:30:04

The four phases of business growth.

Lindsey Anderson: 00:30:06

Let's go over them one more time.

Lindsey Anderson: 00:30:07

You got revenue, you have impact, you have freedom, and you have legacy.

Lindsey Anderson: 00:30:14

Now, we have a few questions that were submitted for the podcast,

Lindsey Anderson: 00:30:19

so I wanna take a quick break here and then we'll come back.

Lindsey Anderson: 00:30:23

For some listener questions and a QA segment here on the

Lindsey Anderson: 00:30:27

Millionaire Maker Podcast.

Lindsey Anderson: 00:30:30

Are you ready to unlock the secrets to building a successful

Lindsey Anderson: 00:30:35

online coaching business?

Lindsey Anderson: 00:30:36

Become a millionaire maker.

Lindsey Anderson: 00:30:38

Show insider by heading over to the Millionaire maker show.com/insiders.

Lindsey Anderson: 00:30:46

By joining, you'll receive early access to each new episode so that

Lindsey Anderson: 00:30:50

you'll be the first to learn the latest tips and strategies from top.

Lindsey Anderson: 00:30:54

Industry experts, but that's not all.

Lindsey Anderson: 00:30:57

As an insider, you'll also gain access to exclusive bonus content

Lindsey Anderson: 00:31:01

and resources designed to help you implement the game-changing

Lindsey Anderson: 00:31:05

strategies discussed in the show.

Lindsey Anderson: 00:31:08

Imagine having the insider knowledge to attract high paying clients.

Lindsey Anderson: 00:31:13

Grow your online presence and take your coaching business to new heights.

Lindsey Anderson: 00:31:18

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Lindsey Anderson: 00:31:21

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Lindsey Anderson: 00:31:23

Sign up now at the Millionaire Maker show.com/insiders.

Lindsey Anderson: 00:31:29

Your coaching business will never be the same again.

Lindsey Anderson: 00:31:36

Welcome back from that break.

Lindsey Anderson: 00:31:38

Let's hop into some listener questions.

Lindsey Anderson: 00:31:42

question number one.

Lindsey Anderson: 00:31:44

It says, Hey Lindsay, I'm just starting out my coaching business.

Lindsey Anderson: 00:31:48

What's the best way to ensure a solid stream of revenue?

Lindsey Anderson: 00:31:52

Well, it's a great question, isn't it?

Lindsey Anderson: 00:31:54

We've talked a lot about that today, but my answer is clear.

Lindsey Anderson: 00:31:58

When you're first starting out, it's essential to focus on high ticket

Lindsey Anderson: 00:32:03

coaching, one-on-one coaching, so that as you're reaching out to

Lindsey Anderson: 00:32:07

people, you can start understanding who your ideal client is.

Lindsey Anderson: 00:32:11

You can get that experience, that will give you the confidence to take

Lindsey Anderson: 00:32:17

your businesses to the next level.

Lindsey Anderson: 00:32:18

So if you're focused on.

Lindsey Anderson: 00:32:21

Instagram growth or YouTube growth or creating this or that, and you

Lindsey Anderson: 00:32:25

are not focused on how do I get more individuals on the phone?

Lindsey Anderson: 00:32:29

How do I get more one-on-one clients, and how do I really start developing a

Lindsey Anderson: 00:32:34

deeper understanding of my clientele?

Lindsey Anderson: 00:32:37

Stop everything else and figure out.

Lindsey Anderson: 00:32:41

How to do just that?

Lindsey Anderson: 00:32:43

Focus on revenue.

Lindsey Anderson: 00:32:44

Focus on generating money and energy and momentum in your business, and gaining

Lindsey Anderson: 00:32:50

that understanding and doing this will allow you to grow your business with ease.

Lindsey Anderson: 00:32:57

Next question.

Lindsey Anderson: 00:32:58

This one's from Matt.

Lindsey Anderson: 00:32:59

Hey Lindsay.

Lindsey Anderson: 00:33:01

I've been running my business for a couple of years and I'm doing well revenue wise.

Lindsey Anderson: 00:33:06

I have a full one-on-one client roster.

Lindsey Anderson: 00:33:10

What are the next steps?

Lindsey Anderson: 00:33:12

I don't think my clientele would ever be interested in joining

Lindsey Anderson: 00:33:18

a group coaching program.

Lindsey Anderson: 00:33:19

What are my other options?

Lindsey Anderson: 00:33:22

Well, I hear what you're saying and I hear this very frequently.

Lindsey Anderson: 00:33:27

I hear it in the divorce niche.

Lindsey Anderson: 00:33:30

I hear it in the parenting niche.

Lindsey Anderson: 00:33:32

I hear it in the HR niche.

Lindsey Anderson: 00:33:33

I hear it in all the niches.

Lindsey Anderson: 00:33:35

No way, Lindsay.

Lindsey Anderson: 00:33:37

No.

Lindsey Anderson: 00:33:37

How will my clients ever be interested in a group coaching program?

Lindsey Anderson: 00:33:41

Now, I want you to take a step back from that.

Lindsey Anderson: 00:33:44

I want you to think about your belief around that.

Lindsey Anderson: 00:33:48

Have you tried it?

Lindsey Anderson: 00:33:49

Have you considered it?

Lindsey Anderson: 00:33:51

Have you asked?

Lindsey Anderson: 00:33:52

Because truly I have yet to see a niche in the coaching industry that

Lindsey Anderson: 00:33:58

would not allow a huge benefit.

Lindsey Anderson: 00:34:00

Forum, a group coaching program, a group coaching program will allow you

Lindsey Anderson: 00:34:05

to leverage your time and your money.

Lindsey Anderson: 00:34:08

A group coaching program can bring more amazing results to your clients.

Lindsey Anderson: 00:34:13

A group coaching program can really be the foundation for recurring

Lindsey Anderson: 00:34:17

income in your coaching business.

Lindsey Anderson: 00:34:20

So I would say to you, start considering what that might look like

Lindsey Anderson: 00:34:26

to do a one to many coaching program.

Lindsey Anderson: 00:34:28

Start a beta.

Lindsey Anderson: 00:34:30

Group coaching program and see how that goes.

Lindsey Anderson: 00:34:33

Because truly when we're talking about the world of coaching, going from

Lindsey Anderson: 00:34:38

one-on-one to one to many can be.

Lindsey Anderson: 00:34:42

A very significant step to affording you a coaching business that

Lindsey Anderson: 00:34:47

gives you more time, more money, more freedom, and more impact.

Lindsey Anderson: 00:34:52

Now, you could also look at how you could leverage tech to automate

Lindsey Anderson: 00:34:57

and streamline your operations.

Lindsey Anderson: 00:34:59

This includes when you're talking to these one-on-one coaching clients.

Lindsey Anderson: 00:35:03

take a note, write this down, If you end up explaining a principle more than once,

Lindsey Anderson: 00:35:09

if you find yourself repeating, saying the same thing to your clients all the time,

Lindsey Anderson: 00:35:16

take my advice and put that on video.

Lindsey Anderson: 00:35:19

And then before your next one-on-one coaching session, send them the

Lindsey Anderson: 00:35:24

video and say, Hey, watch this video.

Lindsey Anderson: 00:35:27

And when you come to the one-on-one coaching session, instead of you taking.

Lindsey Anderson: 00:35:31

All of that time teaching this individual your methodology, they will show up

Lindsey Anderson: 00:35:36

to the coaching call and that can become a straight integration call.

Lindsey Anderson: 00:35:42

This can also be one of the very first steps to leveraging yourself and

Lindsey Anderson: 00:35:46

leveraging your message to help more people while not working more hours.

Lindsey Anderson: 00:35:53

So let's sum this up.

Lindsey Anderson: 00:35:56

Today in the Millionaire Maker Podcast, we covered the four

Lindsey Anderson: 00:36:01

phases of business growth.

Lindsey Anderson: 00:36:03

You always wanna start with a strong focus on revenue generation.

Lindsey Anderson: 00:36:07

In the early stages, we'll create the financial stability necessary for

Lindsey Anderson: 00:36:11

growth, expansion, and future impact.

Lindsey Anderson: 00:36:14

Next, you can go with an impact phase.

Lindsey Anderson: 00:36:17

After you know that you can create one-on-one clients and you can

Lindsey Anderson: 00:36:21

generate income in your business when you want to, you can then shift

Lindsey Anderson: 00:36:26

your focus to broadening your impact.

Lindsey Anderson: 00:36:28

You can expand your services and your reach.

Lindsey Anderson: 00:36:32

That will lead to even more revenue.

Lindsey Anderson: 00:36:35

Next freedom phase automation team, you'll be able to step out of your

Lindsey Anderson: 00:36:41

coaching business and you can be backed up by effective systems automation

Lindsey Anderson: 00:36:46

and developing a competent team.

Lindsey Anderson: 00:36:48

Finally, legacy.

Lindsey Anderson: 00:36:50

What are you gonna be doing with your business when you are no

Lindsey Anderson: 00:36:53

longer playing a day-to-day role?

Lindsey Anderson: 00:36:56

So as you approach each phase, you wanna carefully plan and execute it.

Lindsey Anderson: 00:37:01

Have a plan for each phase.

Lindsey Anderson: 00:37:03

Find a coach that has been there before.

Lindsey Anderson: 00:37:06

Follow someone else's plan.

Lindsey Anderson: 00:37:09

You cannot be a coach and a business coach at the same time.

Lindsey Anderson: 00:37:14

You can't understand the nuances of what it takes to build a highly

Lindsey Anderson: 00:37:19

impactful, and profitable and successful coaching business.

Lindsey Anderson: 00:37:22

On your I have 20 years of experience.

Lindsey Anderson: 00:37:26

Trust me, you do not want to go down the roads.

Lindsey Anderson: 00:37:29

I have been down.

Lindsey Anderson: 00:37:30

people like me and coaches in your life will give you the shortcuts to actually

Lindsey Anderson: 00:37:36

achieve the business of your dreams.

Lindsey Anderson: 00:37:40

So I encourage you today, take action.

Lindsey Anderson: 00:37:45

look at your phases.

Lindsey Anderson: 00:37:47

What are you focused on?

Lindsey Anderson: 00:37:49

What are you resisting being focused on?

Lindsey Anderson: 00:37:52

Perhaps the answer is there.

Lindsey Anderson: 00:37:55

So that's it for today's episode of the Millionaire Maker Show.

Lindsey Anderson: 00:38:01

If you enjoy today's episode and you don't wanna miss the next one, make sure to

Lindsey Anderson: 00:38:06

hit the subscribe button on your podcast platform of choice and stay updated with

Lindsey Anderson: 00:38:11

the latest on the Millionaire Maker Show.

Lindsey Anderson: 00:38:15

I am your host, Lindsay Anderson, and cheers to you and your success.