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Setting Coaching Fees So That Everyone Winsby Rhonda Hess Send Feedback to Rhonda Hess Everyone wins with Prosperity Thinking!More Details about Everyone wins with Prosperity Thinking! here.
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Is it tempting to reduce your rates or give fewer sessions each month? Does the whole subject just make you squirm? Those were all true for me once. Many of us share discomfort around asking clients to pay enough for coaching that will actually allow us to meet our financial goals. What I hear from coaches is: But I'm new and shouldn't charge much. I think _______ (fill in target market) can't afford as much as I'd need to charge to make my income goals. I don't care that much about money. Yet I hear these same people in a circular struggle to invest in a website, marketing materials and a mentor coach of their own. Many are perpetually unable to quit their jobs so that they can offer full time coaching. By keeping their rates small, they keep themselves small, which is perceived by prospects, and that keeps their coaching income small. The truth is no one wins when you stay small. Years ago, as a struggling coach I had a breakthrough that gave me the courage to raise my fees and stop discounting my time. To my surprise it also changed the way my clients showed up for coaching. In fact, I found that the higher my fees were the more invested clients became in improving their own lives! This is the secret I learned about fee setting: If I come from prosperity thinking and charge the fees that will meet my financial goals -- everyone wins. *****
©2008, Bubbling Well Inc. – Rhonda Hess All rights in all media reserved. Rhonda Hess is Founder of Prosperous Coach™, a membership community to take your coaching business from startup to prosperity. Her mission is to help coaches discover the thrill of charging what they’re worth and making it big in coaching on their own terms. Her premier program – The Coach's Power Path™ – takes all the guesswork out of how to get clients and build a financially successful coaching business. Whether you are an Emerging Coach or Established Coach, the Power Path walks you step by step through exactly what to do, how and when, so you arrive quickly at your next level of coaching success. Prosperous Coach has a library full of pinpointed articles which deliver practical tips that coaches can apply right now. Rhonda’s ezine – Coaching Business Strategies – and blog – http://www.prosperouscoachblog.com – bring fresh solutions to coaching business struggles, and provide links to proven resources. Her ebook, Working Websites for Coaches, is the single best guide available to help coaches write content that pre-qualifies ideal clients, manage the web design process, and launch a lead-generating ezine. Rhonda co-authored the Coach Training Accelerator, a best selling self-study program, and also designed the Certified Coach Program, the world class live training program for Coach Training Alliance. As Senior Trainer, she has personally trained over 500 coaches through CTA. Rhonda holds certifications with Coach Inc, International Coach Federation and Coach Training Alliance. For more information about The Coach's Power Path and Rhonda's other resources for professional coaches visit www.prosperouscoach.com. Take Rhonda's free assessment and find out what it takes to be a prosperous coach.
Keywords: Clients, Business, Coach, Fee, Opportunities, Marketing, Successful, Internet, Mindset, Thinking, Motivation, Questions, Prosperous This article has been viewed 640 time(s).
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