Prosperous Coach Podcast

143: Should You Stick with Your Coaching Niche?


Listen Later

Do you have a coaching niche that hasn’t paid off yet? This episode explores 10 strategic things that could be missing for you. The full transcript of this episode can be found at prosperouscoach.com/143.

Nearly all coaches are hoping for more traction in their niche. And I want you to understand something that may take the sting out of this. Nearly all businesses of all kinds are hoping for more traction all the time!

So you may be thinking: “It sounds like it’s not worth it to start a business!” 

It absolutely is worth it if you’re serious about being the driver of a career that’s tailor made for you. If you want to choose how and when you work and with whom … if you want to be the one who decides your own fees, when you take time off and how often … your own business can give you that.

BUT you have to be in it to win it. Win it a bit at a time until you find the sweet spot. Screw your courage to the sticking place— as Shakespeare advised — and take risks knowing that you CAN make it with time and patience.

Maybe you don’t have time or patience. That in itself is a deal breaker. It’s not a good idea to start any type of business out of desperation. If you are on your last legs financially starting a business is not a good risk for now.

Start your business from a place of strength. Start your business when you’re hungry enough to motivate yourself and not so hungry that you’ll be under enormous pressure.

You don’t have to be independently wealthy to start a business. You just need a wealth of patience plus the willingness to try something, give it a fair shot for a decent amount of time while making small adjustments to improve yourself and your strategy.

ALLOW your business to unfold but don’t sit back and wait for it to happen without you.

I know I’ve used this metaphor in the last episode … your business is your baby. You would not judge a child harshly for not having it altogether in the first few months or the first few years would you? No, because you know there are developmental stages and every child has it’s own pace. That’s true for your business also.

If you’ve had your niche for a long time – let’s say a couple of years – and it hasn’t begun to pay off the way you want it to, should you abandon it?

Well the answer is possibly. Sorry there’s just not a clear straight forward answer here because there are so many variables to consider. Some have to do with the way you’re behaving and some have to do with strategy.

So let’s look inside your niche and your business. And by the way, I did a whole podcast series called Coaching Business Checkup that culminated in a beautiful free downloadable assessment to help you identify what needs to change i

I'd love to hear from you. Stay inspired and make things happen! - Rhonda Hess, Prosperous Coach

  • Rhonda Hess helps new coaches leverage their zone of genius into a profitable coaching niche and launch with confidence.
  • For VIP step-by-step support apply for Rhonda's VIP Coaching Business Breakthrough Program here and she'll be in touch to invite you a discovery call.
  • Or if you're stuck on your coaching niche, grab a Nail Your Niche Strategy Session with Rhonda here.
...more
View all episodesView all episodes
Download on the App Store

Prosperous Coach PodcastBy Rhonda Hess, International Business Coach & Niche Strategist

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

85 ratings


More shows like Prosperous Coach Podcast

View all
Tara Brach by Tara Brach

Tara Brach

10,439 Listeners

The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,586 Listeners

The Life Coach School Podcast by Brooke Castillo

The Life Coach School Podcast

8,817 Listeners

Respectful Parenting: Janet Lansbury Unruffled by JLML Press

Respectful Parenting: Janet Lansbury Unruffled

3,650 Listeners

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business by Jenna Kutcher

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

12,047 Listeners

Women in the Middle®: Loving Life After 50 - Midlife Coach Podcast by Suzy Rosenstein

Women in the Middle®: Loving Life After 50 - Midlife Coach Podcast

295 Listeners

Oprah's Super Soul by Oprah

Oprah's Super Soul

31,920 Listeners

Make Money as a Life Coach® by Stacey Boehman

Make Money as a Life Coach®

808 Listeners

On Purpose with Jay Shetty by iHeartPodcasts

On Purpose with Jay Shetty

26,960 Listeners

The Gathering Room Podcast by Martha Beck

The Gathering Room Podcast

659 Listeners

Dear Gabby by Gabby Bernstein

Dear Gabby

6,069 Listeners

We Can Do Hard Things by Glennon Doyle and Audacy

We Can Do Hard Things

41,407 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

19,406 Listeners

The Oprah Podcast by Harpo

The Oprah Podcast

1,444 Listeners

The Midlife Chrysalis by Chip Conley

The Midlife Chrysalis

36 Listeners