Should You Become a Coach In an Economic Downturn?

Is it or isn't it? A recession, I mean? How many thousands of hours of airtime have "pundits" used up analyzing our economy and still we don't know if it's the Big R or not?

All that professional fretting can sure make a new business person nervous! And those of us who've been at it for a while are concerned, too. On the other hand, any time there is a shake up of any sort, new opportunities pop up. The fun of being in business is watching the landscape change and noticing the next big windows of opportunity before everyone else does.

A freaky economy brings plenty of opportunity. So call me perverse, but I'm having fun ;-)

Read entire post at the Coaching Blog.

You Gotta Have Faith

It's a common fact that people who pursue their dreams often lie awake at night worrying about their finances, so instead of experiencing bliss they experience extreme anxiety.

People who follow more practical pursuits by pursuing a profession that pays well for instance, even if they don't love it, often have fewer financial worries, but less satisfaction. Ironically, they don't experience security either, just dependence on the company or system that employs them.

Neither group is free.

The Dreamers have a lack of financial freedom and the Practical People have a lack of personal freedom. Both problems are the result of mistaking ourselves as the providers of success in our own lives...Read the entire post at the Coaching Blog. 

Did Coaching Go Mainstream Without You?

I've been at odds with all the experts on this one for years and I read it again in Andrea Lee's book, Multiple Streams of Coaching Income, recently (which I recommend, btw).

Everybody who knows anything about coaching knows that coaching hasn't gone mainstream, yet, but when it does, it'll be really BIG. Have you heard that one?

Guess what? Coaching already went mainstream!

How do I know? Read entire article at the Coaching Blog.

Got Biz?

I think one of the toughest businesses in the would to build is a coaching business. I know this flies in the face of what your coach training school may have told you, before you signed up. I know that the story that I was told was that coaching businesses are easy to start and inexpensive to maintain, that you can name your own hours and make a six-figure income while working part-time. That you get to model "life balance" for your clients and you can fill your practice in as little as three months. ("Cool!" I thought.)

Actually, all of the leading coaches that I currently know about are working 12-16 hours per day, sometimes, seven days a week! Is that crazy, or what?

Why is it so hard to build a successful coaching business? Read the entire article at the Coaching Blog.