Building a Successful Coaching Business - Talk about YOUR Value, Not That You Are a Coach

In a previous article, "Building a Successful Coachingfew of them, and it wasn't due to anything I did. In most
Business - Successful Coaches Don't Sellcases, they just couldn't bring themselves to change,
Coaching-They Sell RESULTS" we talked about theso they kept making the same mistakes. My usual
buyer's thought process and that you had to sell valuestatement is: "for those that get it, and DO follow
in each of the steps of the buyer's thought process.through with what they learn, most will more than
So, here is how you develop your value statement.double their business." So, find your minimum, and how
- Your value statement should be about RESULTS notyou feel comfortable stating it.
activity. So, a statement like "business up 200%" is- Maximum-Now find the best results you've ever
much more powerful than "more sales, betterdelivered. For my sales training, I usually say something
marketing, more appointments."like "my typical client doubles his business in 3-4 weeks,
- Your value statement should always beand I've even seen a couple jump up 10 times within a
MEASURABLE. "revenue up 200%" is better thanweek. And most of my clients just keep multiplying
"more revenue." And, "Revenue up $1M" most of thetheir results over and over.
time is even better than "revenue up 200%." If you areBy bracketing your value, you have given a very clear
stating "revenue up 200%" then always help thevalue statement to your prospect. He can understand
prospect convert that to dollars and cents. He WILLthat working with you what the dollars and cents, or
respond more often and faster.multiplier is for a typical prospect, and what the
- Bracket your value.minimum and maximum is.
- Average-- Start with an "average" result eitherThis approach will cause people to LEAP into your
across all of your clients, or "average" the result inshopping card. Almost no one dares give a clear value
different segments (even better).statement, so you are WAY above your competition,
- Minimum--Then be prepared to talk about theand you have just removed any reason for that
minimum result you've ever delivered. Find the wordstypical objection: "Gee this seems awfully expensive"
that work the best here. I'll be the first to admit that I'veor "I don't have the money.
had clients that fell flat on their face, but there were