Profit For Coaches

Ben Edwards is an entrepreneur, investor, and business strategist of thousands of European businesses. A master dealmaker, Ben has experience in multiple industries helping businesses overcome the brink of failure and transforming them into success ...

Jackson Millan is the co-founder, CEO, and Head of Strategy of Aureus Financial, an organization dedicated to working with service-based businesses to remove cash flow bottlenecks and turn their business profit into personal wealth. As the “Wealth Mentor,” Jackson has spent the last 14 years helping service businesses understand the language of money and manufacture financial freedom for themselves and their families. He has successfully guided over 1,000 clients in building an excess of $1.5 billion in combined wealth and has scaled multiple 7-figure businesses. Jackson joins me today to describe his background and how he became The Wealth Mentor. He explains why the FIRE method of wealth building is “shrinking” yourself wealthy and why most wealth creation strategies fail. He outlines quarterly money milestones and discusses how to think about wealth creation in the short and long term. He also highlights the importance of building a war chest for your business and home and provides steps financial advisors can take to build wealth while focusing on growing their businesses. “If you love what you do and do it in a capacity where money is no longer the primary driver, it changes the game.” - Jackson Millan This week on Profit for Coaches: ●     Thinking about wealth creation in the long-term and the short-term●     Why most of the strategies and philosophies around wealth creation don’t work●     The three fundamentals of creating wealth●     What coaches can do in the new year to build their wealth while focusing on their businesses●     The FREE profitable practice scorecard! Resources Mentioned: ●     Wealth Health Check Scorecard (https://www.wealthhealthcheck.com.au/optin1649826932327) Our Favorite Quotes: ●     “Asset allocation is what contributes to asset performance.” - Jackson Millan●     “Stop looking to time the market. Start accumulating good, quality assets when you can afford them.” - Jackson Millan●     “Start building money muscle memory. Choose a market tracking index fund, automate what you can, set a reminder to review it, and keep building up steam.” - Jackson Millan Connect with Jackson Millan: ●     Aureus Financial (https://www.aureusfinancial.com.au/)●     Wealth Mentor (https://www.wealth-mentor.com.au/)●     Aureus Financial on LinkedIn (https://www.linkedin.com/company/aureus-financial-aus/)●     Aureus Financial on Instagram (https://www.instagram.com/aureusfinancial/)●     Aureus Financial on Facebook (https://www.facebook.com/aureusfinancial/)●     Aureus Financial on YouTube (https://www.youtube.com/channel/UCvPcQ-kY6Yq9Lpn67za-QEQ)●     Jackson Millan on LinkedIn (https://www.linkedin.com/in/jackson-millan-the-wealth-mentor/)●     Jackson Millan on Instagram (https://www.facebook.com/jackson.millan/)●     Jackson Millan on Facebook (https://www.facebook.com/jackson.millan/) Helping Coaches Increase Profits Thanks for tuning into this week’s episode of Profit for Coaches. Love the podcast? Head over to www.

Matthew Kimberley is the CEO of Book Yourself Solid Worldwide, a company on a mission to help small business owners get more clients—even if they hate marketing and selling. He is the creator of several programs, including Delightful Emails, The School for Selling, and The Single Malt Mastermind. Recognized by Glamour Magazine as a “Tough Love Business Guru,” Matthew is the author of Get a F*cking Grip: How to Get Your Life Back on Track and the host of The Marketing for Coaches Show. He graduated with a degree in Politics and International Relations from the London School of Economics and Political Science. Matthew joins me today to discuss what has gone well and the lessons he has learned from running his business. He discusses the value of simplifying the operations side of your coaching business and explains how coaches can become widely known experts in their field. He also highlights how you can grow your coaching business without adding more to it and underscores the importance of having a well-defined niche and target market. “When you find a formula that works somewhat, you must repeat it, and repeat it, and repeat it.” - Matthew Kimberley This week on Profit for Coaches: ●     Matthew’s background and a brief history of the Book Yourself Solid system●     A small lesson about having your own intellectual property as a coach●     Why being a coach means getting comfortable with boredom●     Pivoters versus flip-floppers and what it takes to be a thought leader●     The FREE profitable practice scorecard! Our Favorite Quotes: ●     “The smaller, narrower, and more clearly defined your target market and niche is, the easier everything is, no matter what you’re selling—this is eternal truth.” - Matthew Kimberley●     “If you want to be known for something, you’ve got to have your key piece—your Schrodinger’s cat, Pavlov’s dog, Maslow’s pyramid, Eisenhower’s matrix—attach it to your name and repeat it ad infinitum.” - Matthew Kimberley●     “There’s nothing wrong with pivoting, but if you’re pivoting every two minutes, you just haven’t been committed.” - Matthew Kimberley Connect with Matthew Kimberley: ●     Matthew Kimberly Website (https://matthewkimberley.com/)●     Book Yourself Solid (https://bookyourselfsolid.com/)●     Podcast: The Marketing for Coaches Show (https://marketingforcoaches.com/)●     Book: Get a F*cking Grip: How to Get Your Life Back on Track●     Book Yourself Solid on LinkedIn (https://www.linkedin.com/company/bookyourselfsolid/)●     Book Yourself Solid on Instagram (https://www.instagram.com/bookyourselfsolid/)●     Book Yourself Solid on Facebook (https://www.facebook.com/groups/bookyourselfsolidgroup)●     Matthew Kimberley on LinkedIn (https://www.linkedin.com/in/matthewkimberley/)●     Matthew Kimberley on Instagram (https://www.instagram.com/mattkimberley/) Helping Coaches Increase Profits Thanks for tuning into this week’s episode of Profit for Coaches. Love the podcast? Head over to

Many coaches aren’t in it for just the money. They pursue coaching as a career because they want to make an impact. They want to impact people’s lives, help their communities, and drive real change in the world. However, not many coaches understand that the impact they want to make on the world is fundamentally dependent on the profit that they make for their business. Profit doesn’t just mean money—it could mean all the things you can do with money: driving transformation in people’s lives, creating change, and making an impact. Profit supports you, your mission, and your purpose. In this episode, I highlight the importance of generating profit for your coaching business. I explain how profit can help you make a change in the lives of the people you want to serve. I discuss the value of simplifying a business and the characteristics you need to look for in a coach if you decide to work with one. I also underscore the importance of having a cash flow management system for your coaching practice and share some action points you can do today to start making your business profitable. “You do yourself, your family, friends, clients, community, and everybody you care about a disservice if you continue to allow your coaching business to not make money.” - Jos Willard This week on Profit for Coaches: ●     Different kinds of profit and how they sustain your purpose as a coach●     The importance of installing a cash flow management system and cash flow●     Why you need to be able to simplify your business●     What to do if quitting isn’t an option for you●     The FREE profitable practice scorecard! Resources Mentioned: ●     Book: Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz Our Favorite Quotes: ●     “Find a coach who can help you simplify your business, get focused on one thing, solve one problem, and make a ton of money doing—then build your business out.” - Jos Willard●     “If the idea of quitting disappoints you, you know well that having your own coaching business is what you’re meant to do.” - Jos Willard●     “You need to focus, to have a plan and system in place that manages your cash flow. Step number one: you need to have cash flow.” - Jos Willard Helping Coaches Increase Profits Thanks for tuning into this week’s episode of Profit for Coaches. Love the podcast? Head over to www.lovethepodcast.com/Profitforcoaches (http://www.lovethepodcast.com/Profitforcoaches) to leave a review! Don’t forget to subscribe wherever you get your podcasts so you never miss an episode. Apple Podcasts (https://podcasts.apple.com/us/podcast/profit-for-coaches/id1534581854) | TuneIn (https://tunein.com/radio/Profit-For-Coaches-p1377173/?topicId=158181127) | GooglePlay (https://podcasts.google.com/feed/aHR0cHM6Ly9wcm9maXRmb3Jjb2FjaGVzLmxpYnN5bi5jb20vcnNz) | Stitcher (https://www.stitcher.com/s?fid=582759&refid=stpr) |

Keith Abraham is a global keynote speaker, virtual presenter, and goal achievement expert. He is the multi-award-winning, best-selling author of five books, including FOCUS: 4 Fast, Easy Strategies to Beating Procrastination Forever, and

Some time ago, I realized I wanted to shift my focus toward helping coaches where I was seven years ago—around the $150,000 a year mark and aiming to earn half a million dollars a year. I wanted to help people build profitable coaching businesses on their own schedules without their businesses ruining their lives. And while that idea resonates with many people, I struggled with translating it into a message that invited them to work with me. Then, my coach said something that struck my interest: “If you were talking to your past self, what would you have wanted to hear? What would have made you say, ‘Yes, I’m going to do it!’”? In this episode, I share what coaches could have said or done to inspire me to take action. I explain why I distrusted the “coaches’ coaches” industry and what it took me to work with a coach finally. I discuss why I put a premium on coaches who build relationships and highlight why it’s important to avoid “cloning” yourself when working with clients. I also describe why there’s no single way to build a thriving coaching business and reveal your most impactful, unique selling proposition as a coach. “If you’re helping clients work through an experience you struggled with, don’t tell them there’s only one way to do it—going through the same challenges doesn’t mean they’re the same person you were.” - Jos Willard This week on Profit for Coaches: ●     Why it took a lot for me to trust coaches who coach other coaches●     The two types of coaches for coaches●     The importance of building trust and relationships●     Why there’s no one true way to build a profitable coaching practice●     The FREE profitable practice scorecard! Our Favorite Quotes: ●     “You can’t just copy and paste somebody else’s system and expect it to work for your business, especially when it comes to marketing and your voice.” - Jos Willard●     “You are your unique selling proposition. The way you show up—your persona, your voice, the way you interpret and deliver things—is your unique selling proposition.” - Jos Willard●     “There’s no one way to differentiate what matters other than how you show up and interact with your clients. YOU are the difference.” - Jos Willard Helping Coaches Increase Profits Thanks for tuning into this week’s episode of Profit for Coaches. Love the podcast? Head over to www.lovethepodcast.com/Profitforcoaches (http://www.lovethepodcast.com/Profitforcoaches) to leave a review! Don’t forget to subscribe wherever you get your podcasts, so you never miss an episode. Apple Podcasts (https://podcasts.apple.com/us/podcast/profit-for-coaches/id1534581854) | TuneIn (https://tunein.com/radio/Profit-For-Coaches-p1377173/?topicId=158181127) | GooglePlay (https://podcasts.google.com/feed/aHR0cHM6Ly9wcm9maXRmb3Jjb2FjaGVzLmxpYnN5bi5jb20vcnNz) | Stitcher (https://www.stitcher.com/s?fid=582759&refid=stpr) | Spotify (https://open.spotify.com/show/0LzXBjVpajdOhriH6omlj9) Be sure to share your favorite episodes on social media to help me reach more great coaches and visionaries like you. Join me on Facebook (https://www.facebook.com/realcoachjos/),

Michael Yeung is a productivity expert and business coach. As the founder and owner of Elite Performance Ltd, Michael is on a mission to help entrepreneurs maximize profit, freedom, and fulfillment by revolutionizing how they invest their time. He h...

Over the last few months, I’ve been doing a lot of work on my coaching business. While I fully expect to continue making changes in my business through the end of 2022 and likely through Q1 of 2023, I’ve noticed a common theme among these changes. This theme has appeared in every aspect of my business that I’ve worked on. I’m seeing it come up when I help other coaches improve their businesses. This common theme is complication. This week, I explore coaches’ proclivity toward overcomplicating their businesses. I discuss why broadening your marketing to achieve your monthly revenue goals isn't always necessary. I also explain how stripping down your coaching practice can help you feel less stressed, overwhelmed, and burnt out while giving you the jolt of energy you need to continue coaching and increase your monthly revenue.  “The secret is to simplify.” - Jos Willard This week on Profit for Coaches: ●      The biggest challenge for coaching businesses●      Why broadening your marketing isn’t always the key to success●      The value of stripping away unnecessary aspects of your coaching business●      Why simplicity is the key to reducing stress and increasing your monthly revenue●      The FREE profitable practice scorecard! Our Favorite Quotes: ●      “The biggest problem—the biggest challenge—that is showing up in businesses is complication.” - Jos Willard●      “The more we try to broaden our marketing, the more moving parts we have in our business—the more complicated it gets.” - Jos Willard●      “I believe that you have a destiny on this Earth that is well beyond anything you can imagine. But to get there, we’ve got to get rid of the clutter.” - Jos Willard Helping Coaches Increase Profits Thanks for tuning into this week’s episode of Profit for Coaches. Love the podcast? Head over to www.lovethepodcast.com/Profitforcoaches (http://www.lovethepodcast.com/Profitforcoaches) to leave a review! Don’t forget to subscribe wherever you get your podcasts, so you never miss an episode. Apple Podcasts (https://podcasts.apple.com/us/podcast/profit-for-coaches/id1534581854) | TuneIn (https://tunein.com/radio/Profit-For-Coaches-p1377173/?topicId=158181127) | GooglePlay (https://podcasts.google.com/feed/aHR0cHM6Ly9wcm9maXRmb3Jjb2FjaGVzLmxpYnN5bi5jb20vcnNz) | Stitcher (https://www.stitcher.com/s?fid=582759&refid=stpr) | Spotify (https://open.spotify.com/show/0LzXBjVpajdOhriH6omlj9) Be sure to share your favorite episodes on social media to help me reach more great coaches and visionaries like you. Join me on Facebook (https://www.facebook.com/realcoachjos/), Twitter (https://twitter.com/joswillard?lang=en), Instagram (https://www.instagram.com/jos_willard/), and LinkedIn (https://www.linkedin.com/in/joswillard/). For exclusive content and information, visit our website (https://www.profitforcoaches.com/) and grab your free profitable practice scorecard.

Ronsley Vaz is an entrepreneur, speaker, author, and podcaster who helps entrepreneurs and changemakers use their voices for change, refine their arguments for scale, and grow their businesses for impact. He is the Founder of the world’s first audio marketing agency, Must Amplify—an award-winning company that helps leading brands make their messaging stand out in a crowded marketplace. He is the author of Amplify: Raise Your Voice, Boost Your Brand and Grow Your Business and the creator of podcast brands for actors, athletes, entrepreneurs, politicians, and influencers worldwide. Through his own range of podcasts, including Bond Appetit and Should I Start a Podcast, Ronsley interviewed more than 1,400 people and has been listened to over five million times in 133 countries. Ronsley joins me today to discuss the why, how, and when of starting a podcast for a coaching business. He recounts his entrepreneurial journey and the first time he launched a podcast to promote his business. He explains why coaches need to focus on building a community over selling to clients when creating and growing a podcast and describes why podcasters should co-create episodes with their guests. He reveals the biggest mistake beginner podcasters make when launching a podcast and the advantages of outsourcing production tasks. He also highlights the importance of building relationships through podcast conversations, understanding your audience, and being a great listener. “The best thing about a podcast is that it’s easy to do. The worst thing about a podcast is that it’s easy to do.” - Ronsley Vaz This week on Profit for Coaches: ●     Why podcasting is a powerful business development tool for your coaching practice●     Co-creating podcast episodes with your guests and how to deliver value to your interviewees without selling them something●     The best time for a coach to launch a podcast and the importance of knowing your audience●     What coaches should focus on when launching a podcast for their practice●     The FREE profitable practice scorecard! Resources Mentioned: ●     Book: Narrow Podcasting: Make Profitable Connections and Grow your Business, Without Paid Ads, Sponsors, or Thousands of Listeners by Toby Goodman●     Book: Mindset: The New Psychology of Success by Carol Dweck Our Favorite Quotes: ●     “The biggest advantage of having a podcast is that you’ll never have an icky sales conversation in your life: they’ve listened to your voice for way too long before they even make their way to the sales call.” - Ronsley Vaz●     “Nothing works if you don’t know who your audience is. Nothing works if you don’t know why you’re the person to deliver to these clients. Those are the two basic elements of a business and, if you’re not there, it’ll be difficult to start a podcast.” - Ronsley Vaz●     “Business owners have mission statements they don’t follow through. But if you really care about your audience, you need to build a community around that mission.” - Ronsley Vaz Connect with Ronsley Vaz: ●     Must Amplify (https://mustamplify.com/)●     We Are Podcast (https://wearepodcast.com/)●     Book:

Recently, I came to a colleague with a problem I had been struggling with for over 10 months. I showed him a few things on a screen share, and he solved the problem in less than 10 minutes. The thing is, my colleague told me nothing I wouldn’t have known; it was something I could have come up with and told a client myself. The problem with being a professional coach is that we get so used to being the expert that, faced with our own problems, we forget that asking for help is beneficial and the key decision to make when we’re struggling. In this episode, I discuss the professional coach’s conundrum and why seeking outside help is critical to a coaching practice. I describe coaches’ tendency to avoid asking for help when they don’t know how to improve an aspect of their practice and explain how that avoidance can later hurt their business. I also highlight the value of investing time, money, and effort into a community of experts and underscore the need to eliminate stressors in a business before the year closes. “We’re not experts in everything. When you’re in a situation where you’re not sure what to do, go get some help instead of trying to brute-force your way through the problem.” - Jos Willard This week on Profit for Coaches: ●     The professional coach’s conundrum and the value of getting help●     How avoiding asking for help can hurt your business●     Investing time, money, and energy to access a network or community of experts●     How asking for support can help you achieve your business goals before 2022 ends●     The FREE profitable practice scorecard! Our Favorite Quotes: ●     “Going into this last quarter of the year, you need to get rid of as much frustration as possible. There’s enough stress going on—don’t put yourself through it. Instead, reach out.” - Jos Willard●     “Don’t struggle on your own. If you’re a coach or advisor who feels stressed out, don’t try to white-knuckle through it.” - Jos Willard●     “If you’re somehow successfully working yourself through stress, it’ll take you more time, money, and frustration than is needed.” - Jos Willard Helping Coaches Increase Profits Thanks for tuning into this week’s episode of Profit for Coaches. Love the podcast? Head over to www.lovethepodcast.com/Profitforcoaches (http://www.lovethepodcast.com/Profitforcoaches) to leave a review! Don’t forget to subscribe wherever you get your podcasts, so you never miss an episode. Apple Podcasts (https://podcasts.apple.com/us/podcast/profit-for-coaches/id1534581854) | TuneIn (https://tunein.com/radio/Profit-For-Coaches-p1377173/?topicId=158181127) | GooglePlay (https://podcasts.google.com/feed/aHR0cHM6Ly9wcm9maXRmb3Jjb2FjaGVzLmxpYnN5bi5jb20vcnNz) | Stitcher (https://www.stitcher.com/s?fid=582759&refid=stpr) | Spotify (https://open.spotify.com/show/0LzXBjVpajdOhriH6omlj9) Be sure to share your favorite episodes on social media to help me reach more great coaches and visionaries like you. Join me on Facebook (https://www.facebook.com/realcoachjos/), Twitter (https://twitter.com/joswillard?lang=en), Instagram (https://www.instagram.com/jos_willard/),