Coaching Alone Can't Resolve Your Cash Flow Problem
Jun 29, 2023In my opinion, the marketing around coaching is getting a little extreme. I see coaches promoting their extraordinary results or their atypical and exceptional clients as though that's the expectation of what you can experience by working with them.
Of course, this is solid marketing, but I think that as consumers and as business owners who are potential customers of these coaches, you have to be mindful of what this is doing. I'll discuss how important it is to understand that just because you hire a coach doesn't mean you are guaranteed to experience the results they are advertising.
The key takeaways from this episode are:
1.Be mindful of coaching marketing: Recognize that some coaching marketing can be exaggerated, emphasizing extraordinary results or exceptional clients. Understand that these are marketing tactics and not guaranteed outcomes.
2. Focus on the long game: Success and consistency require time and effort. Avoid expecting instant or miraculous results from coaching alone. Understand that building a successful business is a process that takes dedication and commitment.
3. Don't rely solely on coaching for financial solutions: Coaching can be beneficial, but it's important to address underlying money problems through holistic approaches. Avoid solely relying on coaching as a solution and consider the broader aspects of financial management and business growth.
What you'll hear in this episode:
[0:58] The marketing surrounding coaching is getting extreme.
[2:18] The long game is success and consistency
[4:32] The process of scaling up your business.
[6:39] The problem with relying on coaching as a solution to money problems.
[8:31] How to create mindfulness through simple questions.
[12:38] How to consume information in an honest way.
Related episodes:
What is an Asset vs an Expense?
Which Financial Professionals Do You Need in Your Business?
How to Build a Solid Financial Foundation in Your Business
Resources:
Tactical Resources:
5-Day Financial Mindset Refresh: https://www.keepwhatyouearn.com/refresh
Create a Custom Podcast Playlist: https://quiz.tryinteract.com/#/6303d4c525b1e80018d47cfa
Grow Cash Flow for Your Business: https://www.keepwhatyouearn.com/endless-cash
Tax Deduction Guide: https://www.keepwhatyouearn.com/tax-deduction-guide
CFO Power Session: Text POWER to 860-609-6374
See how much you can save with an S Corp: https://www.keepwhatyouearn.com/keep-what-you-earn-s-corp-calculator
Additional Resources & Connect with Shannon:
Find everything you need at https://www.keepwhatyouearn.com
Questions about this episode? Text me! https://my.community.com/shannonweinsteincpa
Hire us: https://www.fitnancialsolutions.com/accounting
Find me on IG: https://www.instagram.com/shannonkweinstein/
Meet me face-to-face on YouTube: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.
