3 Tell Tale Signs You Should Start Offering High Ticket Coaching
I have worked with some of the most powerful coaches who unfortunately have burned the candles at both ends or hustled their way to burn out. I don't know about you, but I know I can relate to that. They leave the nine to five just to find out that they're working 60 to 80 hours a week for themselves making less money and maybe even less of an impact. Or they move into business and they're trying to help everyone, losing themselves in the process, filling everyone's cup and emptying theirs at the same time. I don't want that for you. And that's why today I want to talk about the three telltale signs that let you know if it's time to move to high value coaching, also known as high impact coaching.
In the coaching space we hear of high ticket coaching, which is about raising your price, but sadly I feel like many people put so much emphasis on the income, not always prioritizing the impact.
I want you to be able to shift the structure so that you can build the business that is not only profitable, impactful and sustainable. So let's dive in and talk about those three telltale signs that it's time to move to high value and high impact coaching.
The number one sign that you need to move to high value coaching is that you don't love coaching anymore. This looks like you constantly burning out. Maybe you're questioning what you're doing to begin with. You wondering if this is all that coaching has to offer, can you relate to that?
The truth is, if you're launching all the time and you're throwing at spaghetti at the wall hoping things will stick, you're creating program after program after program. The reason you got into coaching is to have a greater impact. And if you're constantly launching and you're just throwing short bursts of programs out there, you're not going to be able to feel fulfilled and you're definitely going to have a limited impact. This is a telltale sign that is time to change your business model.
The second telltale sign that it's time to move towards high impact coaching is that your calendar is completely booked and you're overworked. This is a big mistake that I made when I first started working in my business is that I tried to carry the 9-5 mindset over into my business. So in my mind I considered if I make $40 an hour, then if I charge my clients $40 an hour and then I work 40 hours a week, I will equal my income. Thins should be all good right?
But what I didn't consider is the time that it takes to post online the time that I need to find to bring in new clients, the time that I need to type up notes and prepare for the session or close out the session like there was all these things that I didn't think about and so what ended up happening is I booked myself out. I overworked myself and I became overwhelmed. Ultimately this is not what you want when your calendar is full of things that is also a telltale sign that it's time to restructure your business model because you came into this space not only to have an impact but to also have more freedom for the things that you love. If that freedom is nonexistent, it's time for a shift.
Finally, the third sign that lets you know that it is time to move towards a high impact program Is that your income is capped. Tell me, can you relate to the fact that you bring in some income and next thing you know you're spending the same amount of income into ads or into hiring a team or basically just putting that back into your next launch?
Or maybe you get an amazing client but you don't know where your next payment is coming from for the next several weeks? Or how about you have an awesome month and you're really on this high and then the next month you have very minimal income?
Shifting your business model to having high impact coaching helps you to secure payments for months out and you don't have to do the feast or famine cycle or buy into the roller coaster ride any longer.
If you recognize that the way that you've structured your business now isn't serving you and you want the tools to create the business that you desire and deserve, I have just the thing for you in my upcoming plan your profitable coaching program workshop. I walk you through the process of taking your passion, your expertise and the needs of your tribe to merge them together to create a profitable signature coaching offer that not only blows you away but helps to naturally magnetize your ideal dream clients to you.
If you are ready to create more reliable outcomes for your clients read, you're ready to scale your business sustainably and you're ready to stand out from other coaches and become that go to coach then use the details below to join us.
https://www.nicolyawilliams.com/plan-your-profitable-coaching-program
I can't wait to see you there.