You are a savvy coach who wants to earn more and have premium clients who honor what you do and want to be part of your tribe.
I find that people believe the following money myths, mostly on an unconscious level, yet the unconscious can run our daily lives. Coaches are savvy on self-awareness, so take these money myths to heart. It’s troublesome to form sound financial ideas once you’ve supported false beliefs over time. Wow, they do become burned into our brains. Change limiting beliefs and you’ll strengthen your foundation for making sound monetary choices.
- Money myths equates with being happy. Actually, a study done at Princeton University showed there is a correlation between financial gain and happiness, to a point. Happiness and emotional well-being improve with a rise in pay, up to $75,000. On the far side that, however, any increase failed to offer further benefits or enhancements.Other analysis shows that the amount of respect and social influence someone receives is the most valued asset. Of course, Money has some influence on these two things
- A disproportionate number of very successful individuals come from poor backgrounds. It’s staggering what number of extremely successful individuals never finished high school because adversity can build resilience. Average individuals tend to be predictive of average results. If a person learns from their experiences, their resilience seems to naturally carry them forward. Move beyond average.
- There will be enough time later to retire, save money, or pay for the kids’ college education. This is a because conditions don’t always get better, as this last economic crunch proves. However now is always a great time for saving.
- Additional education means more cash. There is a difference in lifetime earnings between those with high school educations and those with college degrees. However, skill sets vary for earning income when the economic cycle fluctuates. In some fields, those with graduate degrees really earn less.
- Budgeting is the best plan to tighten your belt. A home budget could be a nice plan, however, is there room in that budget for a larger purchase or an emergency item?
Do any of those money myths limit you in any way? Being real and recognizing and eliminating false beliefs is powerful in opening your mind to new possibilities. Continue learning and your monetary experience can still grow. Do you want to earn what you are worth? Looking to start a business?? Have a look at our course Successful Coaching Business Set-Up In Systemized Steps and learn a step by step strategy from starting a business to making money out of it.
Can you see the one attribute critical for personal and professional success? What makes coaches so credible with clients and successful in business? Charisma, experience, and expertise are at the top of the list.
It’s true. In every action your take in business or life, your mindset is the determining factor which influences your success. Your coaching mindset and plans require the same foundation, a fresh viewpoint about people, money, and solutions.
Here are examples of how a stressed or unconscious mindset could influence your decisions.
1. You think that helping everybody would be great for business. The solution would be to define your audience by temperament, income level, and initial problems you could solve. By defining a narrow path for your ideal client, you earn more and have more.
2. You set a sliding scale in good-hearted effort to turn away no one that you could help. While deserving and lovely, these clients are less than your ideal when it comes to their ability to pay. Can you meet your budget with a lower-end scale? Yes, possibly with a group program or class. Then, would this client enter into private coaching? Did they value your work and you?
Before you can realize your dreams of four-or-five-figure clients, you have internal work to upgrade. Perhaps these changes in the coaching mindset help you be open minded, focused, compassionate, playful or personal?
If you are a caring, heart-oriented supporter, your coaching strengths are:
- Being able to re-frame other’s doubts,
Listening to one’s story,
Modeling the best conversation for the positive parenting with your client’s kids.
If you are a charismatic influencer, you inspire those who admire you because
- Your nature is gregarious
You enjoy people, and they appreciate your friendliness
You are an excellent example of creativity in action and brainstorming.
If you are an achiever-type coach, your coaching could challenge others
- To tackle the project they’ve ignored
To commit to the exercise routine they need
To manage finances better
To plan the product launch sooner than later
If you are the kind of coach who strategizes, your primary strength is solving people’s problems This makes you an excellent consultant. In coaching, you can ask the right questions to help a client strategize:
- What is the result you want?
What is the first step you would take to get there?
Can you outline the process?
What resources will you need?
In coaching, you are often the cheerleader for your clients, and gratitude will be a quality that you want your clients to have.
In coaching, you expend energy being with your client. If you find yourself complaining or fatigued, what will you do to better care for you?
Growing Your Coaching Mindset Confidence
Here’s something else top-end coaches have in common: confidence. They believe in what they do. They believe in their ability to help others achieve the same thing. They walk on stage or join a webinar filled with the knowledge that what they are about to say will change the lives of those who are listening. That is confidence!!
When you feel confident, you radiate confidence.
Just like how the person you’re talking to on the phone can hear a smile in your voice, your potential clients can sense your mindset. If your mindset is not up to par with those you admire and mimic, you’ll struggle to make the sale. Work on your attitude and confidence levels, and watch your income soar.
Practicality Versus Passion
Your passion skills set is best recalled from enjoyable childhood moments. Do you remember moments in your childhood that felt freeing and fun? One that I remember was bike riding on a Saturday afternoon. The freedom to explore and wind around different neighborhoods cleared my mind and rejuvenated my body. The passion skills set of exploring neighborhoods and enjoying the outdoors is now my walking daily to clear my head and get a fresh perspective on business or a project.
Such childhood memories that we’re passionate about aren’t really the most practical things to do when we grow up and become “responsible.” So we often put off when more pressing “responsible” concerns arise like taking the kids to extracurricular activities.
Truths About Passion Skills and Temperaments
If your passion feels obscure or far away, you may not think that the practical skills are worth exploring. However they are, and if you identify with even one of these three reasons, then do explore how to make your passion skills set practical.
- Fifty percent of our motivation to pursue a passion stems from our core temperament(s). From temperaments comes what we value, and our innate drive keeps pushing us toward using our strengths and putting talents to use. If you don’t use your innate talents, you don’t lose them. Quite the contrary happens. They rise up and get in your face!
- Thus you cannot squash your passion. It keeps nudging you, reminding you, trying to motivate you to a course of action.
- You will always feel out of sync when not aligned with values and using passion skills set. The best examples I can provide are the men and women who have pursued the careers of their parents or went for what they “thought” was the right thing, only to be disappointed later.
The solution to staying motivated is to bring your passion skills set into practical living and practical projects. It is possible to find the practical skills behind your passion. My passion has always been writing, and, eventually in my adult years, I followed these steps to embrace my passion. If I didn’t, it hounded me.
“There is no passion to be found playing small – in settling for a life that is less than the one you are capable of living.”
Writing Short Stories
Let’ start with the more common one. There are many secret writers, who love to create poetry or prose, but we all know that most authors don’t end up on the best seller list. In fact, most writers never make a dime from their writings. They write and narrate because they feel the calling to do so. They enjoy writing because it motivates them and makes them happy. They are using their core strengths, which is a natural thing to do. The are building a skill set and making it better each time
The Creative Magic Sparks
When someone is following a normal talent or motivation or nudge, a spark of magic happens, and the door of creativity opens. Ideas pour into the writer’s mind. A strange character for the novel introduces herself. The ending of the story took a new turn and recreated a new ending.
Like the old writer’s joke says: How can I start writing? Answer: Sit down and start start writing. In the literal sense, when you practice your passion, even for fun and just for yourself, you are honing the creative skills.
“It’s your place in the world; it’s your life. Go on and do all you can with it, and make it the life you want to live.” —Mae Jemison
Here are more steps to discover these skills.
- Take an objective look at what you do as a writer.
When you sit down to write something, take a moment and jot down all of the things that you’re doing or are about to do. For example:
Create a story
Organize the idea
Research/describe the setting of the story
Commit to a project from start to finish
- Research the job descriptions of writer. Do a web search for “writer job description.” This will give you some great insight into the skills built through writing.
Make a list of the skills you find in a few of the job.
Go through the list and pull out skills that you feel apply best to you and add them to the first
- Research writers’ websites and look at the services they provide to give you some insight into skills you hadn’t considered. Add them to your list.
Now you ave created a real-life practical skills list for a passion that motivates your path. If you decide to take the next steps, they are mix, mingle, and learn.
Writers are often solitary souls who need a writer’s group for support. Join one or start one.
Go to writing events and talk to other writers who love what they do as much as you do. There are conferences, festivals and networking events for a wide variety of topics.
Find local writing events by doing a web search. Not only will you learn about the skills that you have developed, you might meet some cool new writing friends to support you in following your passion..
You can use these same steps to find passion skills sets in any area, and start using them to follow the natural course of your motivating strengths.
Are you a type of person who is looking to get out of this rat race and work for yourself from home by being your own boss?
Have a look at our courses and get one step closer to your dream life.