Book review by Navneetha Lokanathan<\/p>\n\n\n\n
I was in search of a solid book that could guide me end-to-end in building a coaching business, and that\u2019s when I found Coach Builder<\/em> by Donald Miller. If you have been like me, trying to build a coaching business, then this book is for you. In fact, this is a book for any business owner trying to grow their business.<\/p>\n\n\n\n Coach Builder<\/strong><\/p>\n\n\n\n The author outlines eight steps that will help grow your coaching business.<\/p>\n\n\n\n Step 1: Creating a menu of products<\/strong> Step 2: Creating and managing a potential client list<\/strong> Step 3: Making your website a lead generator<\/strong> The client relationship has three phases: curiosity, enlightenment, and commitment. A website should build enough curiosity and invite them to the enlightenment stage (a webinar, assessment), which in turn helps them commit to working with you when they need. Once the first two phases are addressed, commitment happens organically, without pressure.<\/p>\n\n\n\n Step 4: Writing great emails that close the deal<\/strong> Step 5: Mapping out the client journey<\/strong> Step 6: Setting realistic goals and accomplishing them<\/strong> Step 7: Joining a coaching community<\/strong> Step 8: Coaching soft skills<\/strong> The book ends with what a week in the life of a successful coach looks like and the playbook to build a 7-figure coaching business. These are a great inspiration and guide to stay organised in everyday work routine and build a sustainable coaching business.<\/p>\n\n\n\n Overall Insights<\/strong><\/p>\n\n\n\n This book opened the door to ideas that are sometimes overlooked in a coaching business. What stood out to me is how the eight steps work together as a complete system\u2014from clarifying what you offer, to generating leads, nurturing relationships, and converting them into long-term clients. Rather than isolated tactics, these steps create a clear and sustainable path to building a coaching business.<\/p>\n\n\n\n As a coach, I plan to implement these steps by first simplifying and clearly defining my coaching offerings, and then intentionally designing my marketing and communication to match where my clients are in their journey.<\/p>\n\n\n\n My biggest insight from this book is that clarity about the products a coach offers is of utmost importance\u2014and that clarity comes from deeply understanding their clients. I am closing this book with great clarity about how I can serve my clients better while also building wealth as a coach.<\/p>\n","protected":false},"excerpt":{"rendered":" Book review by Navneetha Lokanathan I was in search of a solid book that could guide me end-to-end in building a coaching business, and that\u2019s when I found Coach Builder […]<\/p>\n","protected":false},"author":43,"featured_media":1009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-book-reviews"],"acf":[],"_links":{"self":[{"href":"https:\/\/icfchennai.com\/blogs\/wp-json\/wp\/v2\/posts\/1008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icfchennai.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icfchennai.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icfchennai.com\/blogs\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/icfchennai.com\/blogs\/wp-json\/wp\/v2\/comments?post=1008"}],"version-history":[{"count":1,"href":"https:\/\/icfchennai.com\/blogs\/wp-json\/wp\/v2\/posts\/1008\/revisions"}],"predecessor-version":[{"id":1010,"href":"https:\/\/icfchennai.com\/blogs\/wp-json\/wp\/v2\/posts\/1008\/revisions\/1010"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/icfchennai.com\/blogs\/wp-json\/wp\/v2\/media\/1009"}],"wp:attachment":[{"href":"https:\/\/icfchennai.com\/blogs\/wp-json\/wp\/v2\/media?parent=1008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icfchennai.com\/blogs\/wp-json\/wp\/v2\/categories?post=1008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icfchennai.com\/blogs\/wp-json\/wp\/v2\/tags?post=1008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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Most of us make the mistake of reaching out to prospects without first clarifying what we can offer. But in reality, having clarity on a defined list of products is the first step, which makes decision-making much easier for the prospects. Each product should be easy to understand, deliver extreme value, and be offered at a premium price.<\/p>\n\n\n\n
Calculating the desired revenue per month and working on the pricing of the defined product list will give an insight into how many clients you need per month. To bring a systematic approach to the business, subscribing to a CRM and nurturing the potential leads through an email campaign is a must. Looked in detail, there are many lead magnets available, such as an assessment, quiz, e-book, or cheatsheet that adds value to your prospects through an email campaign.<\/p>\n\n\n\n
If you are building a website for your coaching business, I strongly recommend this chapter alone. A website is an important step in a client\u2019s buying journey and insists that it should flow like a good sales pitch.<\/p>\n\n\n\n
Using the \u201cCustomer is a Hero\u201d framework, any email would directly start with a problem, how could your product solve this problem while painting the negative and positive stakes. And end it with the call to action. When written this way, the email becomes compelling. Different types of emails have to be written at different stages that clearly communicate the value you offer as a coach and align with the problems your prospects are experiencing. . It is also important to state your defined list of products or guide the prospect to the list in your nurturing emails.<\/p>\n\n\n\n
The client relationship journey (curiosity, enlightenment, and commitment) and the products at each stage have to be mapped. Curiosity is where we exchange a value with the prospect to get their contact, enlightenment is taking one further by inviting the lead to a webinar and commitment is when they sign up with one of the defined list of products.<\/p>\n\n\n\n
Without leads, there is no way to convert prospects into paying clients or build revenue. Setting realistic goals related to marketing efforts and product sales, taking action, and a weekly review of the goals is a must to build a sustainable coaching business. How many qualified leads to connect, how many lead magnets should be downloaded each month, and how many introductory assessment coaching calls are some examples of realistic goals.<\/p>\n\n\n\n
Being part of an active coaching community supports personal and business growth. We should not overlook the benefits a coaching community can offer. The wisdom and emotional encouragement we get from other coaches can help grow our business.<\/p>\n\n\n\n
The competencies of a coach and the dos and don\u2019ts of coaching mentioned here align well with ICF competencies. Play the guide, don\u2019t rush through the process, create a safe and trusting environment, be fully present, and affirm the client\u2019s transformation at every level are some of the nuggets from this chapter.<\/p>\n\n\n\n