Cliffs Notes

Recently, I hosted an "Ask Me Anything" session on the topic of "The Business of Coaching" and Loubna Zarrou asked the following question:  "I have been coaching many years but one struggle is how to turn it into a business when you can coach on almost anything." The advice I gave in this episode: First, I shared one of my favorite Steven Chandler quotes about the topic of "choosing a niche" for your coaching. Next, I provided the following five pieces of advice: Determine how much money that you need to generate on a monthly basis to thrive financially from your full-time self-employed coaching business. Do the math…. Can you find 1 client to pay 100% of your monthly amount within 15 to 20 hours a week of work? Can you find 2 clients to pay 50% of your monthly amount within 15 to 20 hours a week of work? Can you find 4 clients to pay 25% of your monthly amount within 15 to 20 hours a week of work? Can you find 10 clients to pay 10% of your monthly amount within 15 to 20 h