Coaching to Flourish Live Season 1, Episode 50

Live Questions and Answers

Welcome to Coaching to Flourish Live Season 1, Episode 50! Coach Training EDU™'s founder, John Andrew Williams, and CTEDU Assessor, Raj Anderson answer a variety of new questions regarding the pitfalls that surprised them when starting their coaching practice, some of the things to consider when developing a coaching business plan, and the top challenges new coaches face.

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Coaching to Flourish Live Season 1, Episode 50 Video
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Get the answer to these questions!

What pitfalls surprised you in starting your coaching practice?
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What are some things to consider when developing a coaching business plan?
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What would say are the top 3 challenges new coaches face?
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Great Takeaways/Sidebars:

  • Great new term: "cascading revelations".
  • Understanding the importance of self-care and motivation as an entrepreneur.
  • Understanding the need to sustainably deliver value when growing your business.
  • Understanding relationships and networking for business development.
  • Operating cost considerations for new coach businesses.
  • Reframing the concept of 'cost of doing business' to improve your business mindset.

Coaching to Flourish - Takeaways

Quotes

On managing time and mental focus as a new coach: "Once I could refine my mental escapes to be 20-minute segments that didn't lead me down too many rabbit holes, then it started to click and work on a really deep level." – John

On starting a new coaching practice, "No one warned me how important it was to have good support system in place and how lonely it can be if you don't have a good network." – Raj

"I think one of the pitfalls [to starting a coaching practice] that no one warned me about was that I would need to be more courageous than I had probably ever been before. Now you're going out and selling your business, selling you, you have to be confident in yourself." - Raj

In formulating your coaching business plan in the beginning: "When you ask yourself how can I provide value, it crystallizes the next action step." – John

"It's almost a one-to-one correlation. The more value you can provide, the more you are going to be rewarded. The rewards will come if you are delivering value. That's the trust." – John

"I notice that my anxiety levels around finances go up when I think in terms of level one - myself. My levels of anxiety around finances goes away almost completely when I think about this being what I'm supposed to do. This is the mission. This is what I'm here on the planet to do in this time and space in history. Let's do it." - John

"Your value is not determined by your hourly rate." – Raj

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