Latest / Women in The Coaching Arena / 173 | How to Price Your Coaching Services
Transcript
- 0:00Pricing
- 0:00your
- 0:00coaching
- 0:01can
- 0:01feel
- 0:01like
- 0:01one
- 0:02of
- 0:02the
- 0:02hardest
- 0:02parts
- 0:03of
- 0:03building
- 0:03your
- 0:03business.
- 0:04You
- 0:04don't
- 0:05want
- 0:05to
- 0:05charge
- 0:05too
- 0:06much
- 0:06that
- 0:06nobody
- 0:07buys,
- 0:07but
- 0:07you
- 0:08also
- 0:08don't
- 0:08wanna
- 0:08charge
- 0:09too
- 0:09little
- 0:10that
- 0:10you
- 0:10are
- 0:10undervalued,
- 0:11and
- 0:12you
- 0:12really
- 0:12don't
- 0:12want
- 0:13to
- 0:13put
- 0:13people
- 0:13off.
- 0:14So
- 0:14you
- 0:15end
- 0:15up
- 0:15somewhere
- 0:16in
- 0:16the
- 0:16middle,
- 0:17hoping
- 0:17it
- 0:17feels
- 0:18just
- 0:18about
- 0:18right,
- 0:19and
- 0:19often
- 0:20that
- 0:20is
- 0:20where
- 0:21things
- 0:21can
- 0:21start
- 0:22to
- 0:22feel
- 0:22really
- 0:23difficult.
- 0:24If
- 0:24we
- 0:24haven't
- 0:24met
- 0:25before,
- 0:25I'm
- 0:25Jo
- 0:26Lott,
- 0:26a
- 0:26business
- 0:26coach,
- 0:27and
- 0:27I
- 0:27help
- 0:27qualified
- 0:28coaches
- 0:28get
- 0:29clients
- 0:29with
- 0:29honesty,
- 0:30not
- 0:30hype.
- 0:31I've
- 0:31helped
- 0:31hundreds
- 0:32of
- 0:32people
- 0:32to
- 0:33grow
- 0:33their
- 0:33business
- 0:33now,
- 0:34and
- 0:34really
- 0:34excited
- 0:35to
- 0:35help
- 0:35you
- 0:36today.
- 0:36I'm
- 0:37fairly
- 0:37new
- 0:37on
- 0:37YouTube,
- 0:38so
- 0:38I
- 0:38would
- 0:39really
- 0:39appreciate
- 0:40if
- 0:40you
- 0:40hit
- 0:40subscribe
- 0:41and
- 0:41like
- 0:42this
- 0:42video,
- 0:44and
- 0:44even
- 0:44bonus
- 0:44points
- 0:44for
- 0:45commenting.
- 0:46It
- 0:46would
- 0:46be
- 0:46so,
- 0:46so
- 0:47appreciated.
- 0:48And
- 0:48at
- 0:48the
- 0:48moment,
- 0:49while
- 0:49I'm
- 0:50new,
- 0:50in
- 0:50my
- 0:50first
- 0:51month
- 0:51on
- 0:51YouTube,
- 0:52I
- 0:52will
- 0:53do
- 0:53a
- 0:53draw,
- 0:54so
- 0:54anyone
- 0:55that
- 0:55has
- 0:55commented
- 0:56and
- 0:56liked
- 0:57and
- 0:57subscribed,
- 0:58I
- 0:58will
- 0:58add
- 0:58your
- 0:58name
- 0:58to
- 0:59a
- 0:59hat
- 0:59and
- 0:59do
- 0:59a
- 0:59draw
- 1:00for
- 1:00a
- 1:00one-on-one
- 1:00session
- 1:01with
- 1:01me.
- 1:02So
- 1:02do
- 1:02hit
- 1:03like,
- 1:03subscribe.
- 1:04I
- 1:04will
- 1:04really
- 1:04appreciate
- 1:05that.
- 1:06In
- 1:06this
- 1:07episode,
- 1:07I
- 1:07want
- 1:07to
- 1:08talk
- 1:08about
- 1:08pricing
- 1:08your
- 1:09coaching
- 1:09services,
- 1:10how
- 1:10to
- 1:11think
- 1:11about
- 1:11it,
- 1:12but
- 1:12also
- 1:12how
- 1:12to
- 1:13make
- 1:13it
- 1:13sustainable
- 1:14for
- 1:14you.
- 1:15We'll
- 1:15also
- 1:16talk
- 1:16about
- 1:16how
- 1:17to
- 1:17move
- 1:17away
- 1:17from
- 1:18guessing
- 1:18what
- 1:18your
- 1:18price
- 1:19should
- 1:19be
- 1:20to
- 1:20making
- 1:20something
- 1:21so
- 1:21much
- 1:22clearer
- 1:36Pricing
- 1:37can
- 1:37feel
- 1:37really
- 1:37hard
- 1:38for
- 1:38a
- 1:38few
- 1:39different
- 1:39reasons.
- 1:40One
- 1:40is
- 1:41confidence.
- 1:42Maybe
- 1:42you're
- 1:42asking
- 1:43yourself,
- 1:43"Am
- 1:44I
- 1:44worth
- 1:44this
- 1:44price?
- 1:45Will
- 1:46people
- 1:46really
- 1:47pay
- 1:47this?
- 1:48And
- 1:48what
- 1:48if
- 1:48they
- 1:49say
- 1:49no
- 1:49or
- 1:49think
- 1:50I'm
- 1:50greedy?"
- 1:51And
- 1:52the
- 1:52second
- 1:52is
- 1:53a
- 1:53lack
- 1:53of
- 1:53clarity
- 1:54because
- 1:54your
- 1:54offer
- 1:55isn't
- 1:55fully
- 1:56clear,
- 1:56and
- 1:57therefore
- 1:57pricing
- 1:57becomes
- 1:58really
- 1:58hard.
- 1:59So
- 2:00instead
- 2:00of
- 2:00being
- 2:00grounded
- 2:01in
- 2:01something
- 2:02useful,
- 2:03it
- 2:03can
- 2:03become
- 2:03a
- 2:04bit
- 2:04like
- 2:04guesswork
- 2:06So
- 2:06here's
- 2:07a
- 2:07way
- 2:07you
- 2:07can
- 2:07start
- 2:09somewhere
- 2:09practical
- 2:10with
- 2:10your
- 2:10actual
- 2:11numbers
- 2:12and
- 2:12goals.
- 2:13One
- 2:14of
- 2:14the
- 2:14biggest
- 2:14shifts
- 2:15for
- 2:15me
- 2:15was
- 2:15understanding
- 2:16what
- 2:17I
- 2:17actually
- 2:17needed
- 2:18to
- 2:18generate
- 2:19in
- 2:19my
- 2:19business.
- 2:20So
- 2:20let's
- 2:21say,
- 2:21for
- 2:21example,
- 2:22you
- 2:22want
- 2:22to
- 2:22make
- 2:235,000
- 2:23pounds
- 2:24a
- 2:24month,
- 2:25and
- 2:25you're
- 2:26charging
- 2:26250
- 2:27pounds
- 2:27per
- 2:28client
- 2:28per
- 2:28month.
- 2:30That
- 2:30means
- 2:30you
- 2:30need
- 2:3120
- 2:31clients
- 2:32to
- 2:32reach
- 2:33your
- 2:33goal,
- 2:34and
- 2:34when
- 2:34you
- 2:34see
- 2:35it
- 2:35like
- 2:35that,
- 2:36you
- 2:36can
- 2:36start
- 2:37to
- 2:37ask
- 2:37different
- 2:38questions
- 2:39such
- 2:39as,
- 2:40"Do
- 2:40I
- 2:40want
- 2:41to
- 2:41work
- 2:41with
- 2:4120
- 2:42clients
- 2:42at
- 2:43a
- 2:43time?
- 2:44Do
- 2:44I
- 2:44have
- 2:45the
- 2:45capacity
- 2:46for
- 2:46that?
- 2:47Is
- 2:48that
- 2:48the
- 2:48sort
- 2:48of
- 2:48business
- 2:49I
- 2:49am
- 2:49building?"
- 2:50And
- 2:51sometimes
- 2:52the
- 2:52answer
- 2:52to
- 2:52these
- 2:52questions
- 2:53is
- 2:53no,
- 2:55and
- 2:55that
- 2:55is
- 2:55where
- 2:56pricing
- 2:56becomes
- 2:57a
- 2:57design
- 2:57decision,
- 2:58not
- 2:59just
- 2:59a
- 2:59number.
- 3:00So
- 3:00if
- 3:01instead
- 3:01you
- 3:01were
- 3:02charging
- 3:021,250
- 3:04pounds
- 3:05per
- 3:05client
- 3:05per
- 3:06month,
- 3:06you
- 3:06would
- 3:07only
- 3:07need
- 3:07four
- 3:08clients
- 3:08to
- 3:08reach
- 3:09that
- 3:09same
- 3:095,000
- 3:10pounds
- 3:10per
- 3:11month,
- 3:12and
- 3:12therefore
- 3:13everything
- 3:13changes.
- 3:15Less
- 3:15time
- 3:16in
- 3:16your
- 3:16calendar,
- 3:17less
- 3:17pressure,
- 3:18more
- 3:18energy
- 3:19for
- 3:19each
- 3:20client,
- 3:21and
- 3:21often
- 3:22better
- 3:22results
- 3:22for
- 3:23those
- 3:23clients
- 3:23as
- 3:23well.
- 3:24And
- 3:25this
- 3:25is
- 3:25where
- 3:25I
- 3:25think
- 3:26pricing
- 3:26becomes
- 3:27really
- 3:27interesting
- 3:28because
- 3:28it's
- 3:28not
- 3:29just
- 3:29about
- 3:30what
- 3:30you
- 3:30charge,
- 3:31it's
- 3:31about
- 3:31how
- 3:31you
- 3:32want
- 3:32your
- 3:32business
- 3:32to
- 3:32feel
- 3:33and
- 3:34how
- 3:34you
- 3:34want
- 3:34to
- 3:35position
- 3:35yourself
- 3:36in
- 3:36the
- 3:36marketplace.
- 3:37This
- 3:38doesn't
- 3:38mean
- 3:39you
- 3:39can
- 3:39just
- 3:39charge
- 3:40more
- 3:41without
- 3:42changing
- 3:42anything
- 3:43else,
- 3:44because
- 3:44higher
- 3:45prices
- 3:45need
- 3:45to
- 3:46be
- 3:46supported
- 3:47by
- 3:47a
- 3:47clear
- 3:47and
- 3:48valuable
- 3:48offer.
- 3:49And
- 3:49this
- 3:49is
- 3:50where
- 3:50many
- 3:50coaches
- 3:51get
- 3:51stuck
- 3:51with
- 3:52going
- 3:52in
- 3:52with
- 3:53super
- 3:53high
- 3:53prices.
- 3:55But
- 3:55maybe
- 3:55you
- 3:55haven't
- 3:56got
- 3:56the
- 3:56proof
- 3:57yet,
- 3:57or
- 3:58your
- 3:58messaging
- 3:58clear,
- 3:59or
- 3:59the
- 3:59value
- 4:00isn't
- 4:00obvious,
- 4:01so
- 4:01it
- 4:01feels
- 4:02harder
- 4:02to
- 4:03sell.
- 4:03So
- 4:04this
- 4:04is
- 4:04where
- 4:04I
- 4:04would
- 4:04bring
- 4:05in
- 4:05a
- 4:05simple
- 4:06structure.
- 4:07Three
- 4:08things
- 4:08to
- 4:08focus
- 4:09on
- 4:09here.
- 4:09So
- 4:10the
- 4:10first
- 4:10is
- 4:11to
- 4:11clarify
- 4:11your
- 4:12promise.
- 4:12So
- 4:13who
- 4:13do
- 4:13you
- 4:13help?
- 4:14What
- 4:14do
- 4:14you
- 4:14help
- 4:15them
- 4:15with?
- 4:15And
- 4:15what
- 4:15is
- 4:16the
- 4:16result
- 4:16that
- 4:16they
- 4:16actually
- 4:17want?
- 4:18Once
- 4:19this
- 4:19offer
- 4:19promise
- 4:20is
- 4:20clearer,
- 4:21it's
- 4:21easy
- 4:22for
- 4:22them
- 4:22to
- 4:22see
- 4:22the
- 4:22value,
- 4:23and
- 4:23it's
- 4:23easy
- 4:24for
- 4:24you
- 4:24to
- 4:25price
- 4:25on
- 4:25that
- 4:26value.
- 4:27Second,
- 4:28create
- 4:28your
- 4:28package.
- 4:29So
- 4:29what
- 4:30does
- 4:30the
- 4:30journey
- 4:30actually
- 4:31look
- 4:31like?
- 4:32What
- 4:32are
- 4:32you
- 4:32helping
- 4:33them
- 4:33move
- 4:33through?
- 4:34And
- 4:34what
- 4:35support
- 4:35do
- 4:35they
- 4:35get
- 4:36in
- 4:36terms
- 4:36of
- 4:36logistics
- 4:37as
- 4:37well?
- 4:38You
- 4:38might
- 4:38also
- 4:38want
- 4:39to
- 4:39consider
- 4:39how
- 4:40this
- 4:40is
- 4:40different
- 4:40from
- 4:41other
- 4:41options
- 4:41they
- 4:42might
- 4:42be
- 4:42considering
- 4:43at
- 4:43the
- 4:43moment
- 4:43too.
- 4:44And
- 4:44the
- 4:44third
- 4:45one
- 4:45is
- 4:45to
- 4:45choose
- 4:46your
- 4:46price,
- 4:47and
- 4:47this
- 4:47is
- 4:48where
- 4:48you're
- 4:48going
- 4:48to
- 4:48look
- 4:48at
- 4:49the
- 4:49value
- 4:50of
- 4:50the
- 4:50results
- 4:51that
- 4:51we
- 4:51talked
- 4:51about
- 4:52earlier,
- 4:52your
- 4:53time
- 4:53and
- 4:53your
- 4:54energy.
- 4:55Your
- 4:55business
- 4:55model
- 4:56as
- 4:56to
- 4:57whether
- 4:57you're
- 4:57offering
- 4:57one-on-one,
- 4:58membership,
- 4:59group,
- 5:00what
- 5:00that
- 5:00looks
- 5:00like.
- 5:01Then
- 5:01you
- 5:01are
- 5:01going
- 5:02to
- 5:02test
- 5:02it
- 5:03and
- 5:03be
- 5:03committed
- 5:04to
- 5:05refining
- 5:05it
- 5:05as
- 5:06you
- 5:06go.
- 5:06You
- 5:07don't
- 5:07need
- 5:07to
- 5:07get
- 5:07perfect
- 5:08straight
- 5:08away.
- 5:09You
- 5:09can
- 5:09raise
- 5:10your
- 5:10prices
- 5:11as
- 5:11your
- 5:11confidence
- 5:12grows
- 5:12and
- 5:12as
- 5:13your
- 5:13proof
- 5:13compounds
- 5:14as
- 5:14well.
- 5:15This
- 5:15is
- 5:16how
- 5:16I've
- 5:16done
- 5:16it
- 5:16in
- 5:16my
- 5:17business,
- 5:17and
- 5:18I've
- 5:18just
- 5:18gone
- 5:18up
- 5:19little
- 5:19by
- 5:19little,
- 5:20maybe
- 5:20250
- 5:21pounds
- 5:22per
- 5:22time
- 5:22while
- 5:23my
- 5:23confidence
- 5:24has
- 5:24grown
- 5:24and
- 5:24as
- 5:25I've
- 5:25gathered
- 5:25more
- 5:25case
- 5:26studies
- 5:26from
- 5:26clients.
- 5:27So
- 5:27it's
- 5:28a
- 5:28really
- 5:28great
- 5:28way
- 5:29of
- 5:29doing
- 5:29it
- 5:29for
- 5:29your
- 5:29nervous
- 5:30system
- 5:30as
- 5:31well
- 5:31because
- 5:32you
- 5:32don't
- 5:32get
- 5:32to
- 5:32that
- 5:33place
- 5:33where
- 5:33you've
- 5:33tried
- 5:34to
- 5:34have
- 5:34this
- 5:34big
- 5:34hike,
- 5:35therefore
- 5:36you
- 5:36don't
- 5:36want
- 5:36to
- 5:36show
- 5:37up
- 5:37and
- 5:37market
- 5:37your
- 5:37business
- 5:38anymore.
- 5:39So
- 5:40go
- 5:40easy
- 5:40with
- 5:40all
- 5:40of
- 5:41this.
- 5:41It
- 5:41is
- 5:41an
- 5:41internal
- 5:42thing
- 5:42as
- 5:43well
- 5:43as
- 5:43an
- 5:43external
- 5:44one.
- 5:44Because
- 5:45underneath
- 5:45all
- 5:46of
- 5:46this,
- 5:46there
- 5:46is
- 5:46that
- 5:47deeper
- 5:47shift
- 5:48which
- 5:48is
- 5:48moving
- 5:48from
- 5:49what
- 5:49will
- 5:49people
- 5:50pay
- 5:51to
- 5:51what
- 5:52is
- 5:52this
- 5:52actually
- 5:53worth,
- 5:54and
- 5:54what
- 5:54kind
- 5:54of
- 5:54business
- 5:55do
- 5:55I
- 5:55want
- 5:55to
- 5:56build?
- 5:57When
- 5:57you
- 5:57say
- 5:58the
- 5:58first
- 5:58question,
- 5:59you
- 5:59tend
- 6:00to
- 6:00underprice.
- 6:01When
- 6:01you
- 6:01move
- 6:01into
- 6:01the
- 6:02second
- 6:02question,
- 6:03you
- 6:03start
- 6:03to
- 6:04build
- 6:04something
- 6:04more
- 6:05sustainable
- 6:05for
- 6:06you.
- 6:06For
- 6:06me,
- 6:07this
- 6:07has
- 6:07always
- 6:08been
- 6:08really
- 6:08important
- 6:09because
- 6:10I
- 6:10have
- 6:10super
- 6:11limited
- 6:11hours,
- 6:12school
- 6:12hours
- 6:13only,
- 6:13which
- 6:13is
- 6:13essentially
- 6:14four
- 6:14hours
- 6:14a
- 6:14day,
- 6:15and
- 6:16term
- 6:16time
- 6:16only
- 6:16as
- 6:17well,
- 6:17which
- 6:17has
- 6:18meant
- 6:18my
- 6:18time
- 6:18is
- 6:19really
- 6:19limited,
- 6:20so
- 6:20my
- 6:20pricing
- 6:21and
- 6:21business
- 6:21model
- 6:21has
- 6:22grown
- 6:22to
- 6:23support
- 6:23that.
- 6:24Little
- 6:24by
- 6:25little,
- 6:25I
- 6:25didn't
- 6:26start
- 6:26doing
- 6:26group
- 6:27work.
- 6:27Usually,
- 6:28you
- 6:28need
- 6:28to
- 6:28do
- 6:28one-on-one
- 6:29to
- 6:29build
- 6:30that
- 6:30audience
- 6:31and
- 6:31build
- 6:31that
- 6:31momentum,
- 6:32but
- 6:32eventually
- 6:33it
- 6:33is
- 6:34possible
- 6:34for
- 6:34you
- 6:34to
- 6:35really
- 6:35think
- 6:35about
- 6:36what
- 6:36you
- 6:36need
- 6:36to
- 6:37grow
- 6:37your
- 6:37business
- 6:37sustainably
- 6:38and
- 6:39make
- 6:39it
- 6:39work
- 6:39for
- 6:40your
- 6:40life.
- 6:40A
- 6:40few
- 6:41things
- 6:41I
- 6:41see
- 6:41often
- 6:42are
- 6:43charging
- 6:43low
- 6:43prices
- 6:44to
- 6:44feel
- 6:45more
- 6:45comfortable,
- 6:46trying
- 6:46to
- 6:47compete
- 6:48on
- 6:48price,
- 6:49I
- 6:49would
- 6:49never
- 6:49recommend
- 6:50that,
- 6:51avoiding
- 6:51talking
- 6:52about
- 6:52results
- 6:53that
- 6:53you
- 6:53can
- 6:53provide
- 6:54to
- 6:54people,
- 6:55and
- 6:56keeping
- 6:56the
- 6:56offer
- 6:57too
- 6:57vague.
- 6:58All
- 6:58of
- 6:58these
- 6:58make
- 6:59pricing
- 6:59harder,
- 7:00not
- 7:01easier.
- 7:02So
- 7:02if
- 7:03pricing
- 7:03has
- 7:03been
- 7:03something
- 7:04you
- 7:04have
- 7:04been
- 7:05unsure
- 7:05about,
- 7:06let's
- 7:06bring
- 7:06it
- 7:07back
- 7:07to
- 7:07this.
- 7:08What
- 7:09do
- 7:09you
- 7:09want
- 7:09your
- 7:09business
- 7:10to
- 7:10generate
- 7:11in
- 7:11terms
- 7:11of
- 7:11income,
- 7:12and
- 7:13how
- 7:13many
- 7:13clients
- 7:14do
- 7:14you
- 7:14actually
- 7:15want
- 7:15to
- 7:15work
- 7:15with?
- 7:17Now
- 7:17ask
- 7:18yourself,
- 7:18how
- 7:19can
- 7:19your
- 7:19pricing
- 7:20support
- 7:20that?
- 7:22Because
- 7:22pricing
- 7:23isn't
- 7:23just
- 7:23a
- 7:23number,
- 7:24it's
- 7:24really
- 7:24part
- 7:25of
- 7:25your
- 7:25business
- 7:25design
- 7:26as
- 7:26well.
- 7:28If
- 7:28you
- 7:28would
- 7:28like
- 7:28more
- 7:29support
- 7:29with
- 7:29this,
- 7:29I
- 7:30have
- 7:30a
- 7:30blog
- 7:30post
- 7:31which
- 7:31breaks
- 7:31this
- 7:31down
- 7:32in
- 7:32way
- 7:32more
- 7:32detail
- 7:33on
- 7:33my
- 7:33website.
- 7:34I
- 7:34will
- 7:35share
- 7:35the
- 7:35link
- 7:35in
- 7:35the
- 7:36description
- 7:36or
- 7:36the
- 7:37show
- 7:37notes
- 7:37below.
- 7:38And
- 7:39thank
- 7:39you
- 7:39for
- 7:39being
- 7:39here
- 7:40today.
- 7:40I
- 7:40hope
- 7:40this
- 7:41was
- 7:41helpful,
- 7:41and
- 7:42like
- 7:42I
- 7:42always
- 7:42say,
- 7:43trust
- 7:43yourself,
- 7:43believe
- 7:44in
- 7:44yourself,
- 7:45and
- 7:45be
- 7:45the
- 7:45wise
- 7:45gardener
- 7:46who
- 7:46keeps
- 7:46on
- 7:46watering
- 7:47the
- 7:47seeds.