Solo Revolution

Coaches, consultants, and other solo advisers call me everyday to tell me that they are not doing as well financially as they would like, and ask for help.

In this blog entry, I want to give you some case studies of members in Solo Revolution, The Center for Executive Coaching, and The Institute for Business Growth who have cracked the code, with our help, and are getting far better results than average coaches:

1. A coach was charging $200 per hour to clients, earning perhaps $10,000 per client per year. After taking our program, she learned how to convert these clients into $100,000 per year revenue streams -- while doing the same amount of work for them. That's a 10-fold improvement!

2. Yesterday on a group telecall, a few members shared about how they are going beyond the "trade your time for dollars" trap and growing a firm that creates true wealth. For instance, one coach just published a book with the American Hospital Association, and is getting ready to license his content to other coaches. Another is rolling out seminars, book, training programs, and coaching programs based on her framework to help churches and church leaders to be more succesful. Yet another has struck a sponsorship deal with a company that sends him around the world speaking and offering information products; he is also starting up a certification program based on his framework that will give him a stream of ongoing revenues.

3. A coach who started with the program 4 years ago called and his very first client (which became a $50,000 engagement within a few months of his joining) has grown and grown to the point where he brings a team of coaches in to do the work while he reaps the profits.

4. Two coaches have built relationships with large associations in their niche to offer coaching, assessments, consulting, and other services to them. One of these solopreneuers has also built an online subscription service to help his clients get on-demand coaching and tools.

Look -- you can limp along as a coach and adviser who struggles to attract new clients, or you can do what's required to succeed in this market. You can be open to help about how to do this in a practical way, or you can try to figure it out on your own -- and repeat expensive mistakes.

Or, you can choose to get a bit of low-cost assistance through a proven system, and take your practice to the next level.

It is up to you and how open to advice and continuous learning you are.