Is it the right time to go all in on your coaching business?
Fiona, a wellness coach for new mums shares “I had a very successful first month as a coach, but I didn’t feel ready to hand my notice in right away.”
For many working women, becoming a coach is the chance to step away from careers they are not passionate about and to do something more fulfilling.
Fiona adds, “For me, it was about two things – finding joy in my work and the freedom. I’d built a good career within accounting but truthfully, the work didn’t spark joy.
I also was getting fed up with the daily commute, long hours and very limited time off. I loved the idea that as a coach, I could really work to my own schedule.”
But when is it realistically possible to make that transition?
“Start saving your income made from coaching to use as a safety net.”
Fiona continues: “I wanted to see some sort of consistency first.
I also wanted to build up a buffer of income so that if I had a quiet month, I would have income to fall back on.
I spent five months coaching alongside full-time work.
Normally I would coach in the evenings or at weekends.
It was challenging but doing this allowed me to build up a pot of almost £15,000 which meant I felt comfortable then stepping away from my full-time employment.”
Dani from The Clique shares that the confidence to take the leap of faith comes from your mindset.
“Within three months of launching my coaching business, I was already making enough money to quit my job.
But just seeing that evidence alone wasn’t enough to give me that confidence – I also had to reprogram my beliefs about my ability to create money consistently.
Through money mindset work, I trained myself to fully believe that money would continue to pour in.
I released my beliefs around making money being a struggle and instead, replaced that narrative with “my business continues to grow month on month”
I created new beliefs that I could make money doing something I loved, and it wouldn’t take me years to achieve this.
What you fully believe something, this then becomes what your experience.
If I didn’t believe in the future success of my business, I would have continued to stay in my comfort zone and in the safety net of my job”
“Get paid as you train”
Lisa, a coach for burned out executives shares: “I started taking on paying clients whilst I was still training.
Whilst it was just one off sessions that I was charging £80 for, it gave me the confidence that people were willing to invest in me.
By the time I was fully certified many of those clients wanted to continue working with me in my premium coaching program.
This really helped me feel confident I could create a consistent income through coaching as I had already built up a solid client base.
“Start on the business side of things as you train.”
Lisa adds, “whilst you are getting certified, start working on your business and building up an audience.
I was petrified of social media at first and didn’t have a clue how to use it, but it’s amazing how quickly you pick things up.
Start even if you don’t feel ready as it helps you to view yourself as a professional coach rather than someone who is just doing it for a hobby.
It also means you don’t launch your business to nobody.
I had been building up an audience slowly as I went through the certification meaning but the time I was ready to work with paying clients, I had people there I’d already built connections with.
This helped me to then make money sooner and therefore more confident in quitting my job.
“The Universe will always support you when you are following your authentic path”
Ellie, a Manifestation Coach for creatives shares “When you have faith in yourself and are brave enough to leap into the unknown, it’s amazing how many ways the universe shows up to support you.
I remember thinking “what happens if the clients dry up and I stop making money!!
But that never happened and The Universe had always delivered.
Clients often seemed to appear from nowhere and the money began to flow.