100. How To Know When To Pivot In Your Coaching Business
Jereshia Said
English - May 06, 2020 12:00 - 25 minutes - 17.5 MB - ★★★★★ - 239 ratingsManagement Business Society & Culture Personal Journals online marketing entrepreneurship business coaching online business digital marketing business growth women in business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
This episode is going to help you identify when is the right time to make adjustments to your business model and what you need to do in order to make it happen.
I’m going to be giving you guidance in relation to the three main phases that you will go through in your business: money, manage, and multiply.
Key Highlights of the Episode
This episode was extremely actionable and insightful. Here are a few key highlights:
What phase are you at? - Before taking any kind of action, it’s necessary to identify the phase of your business that you’re in. Furthermore, you have to know where you are within each phase to ensure you’re focusing on the right thing at the right time. Phase 1: Money - Your primary focus when you’re starting a business is to convert clients and deliver your service. There’s no point in thinking about things like branding or creating a pretty website until you’ve figured out how to bring in sufficient money. Phase 2: Manage - Now you know how to sell your services and bring in the cash, you need to learn to manage your business. This includes things like managing your resources, building systems, and investing in marketing. Phase 3: Multiply - Upon creating an established and proven business model, you can now look to scale what’s working. Don’t get too caught up in the future - If you try to anticipate all the problems that may come up, a lot of your energy and resources will be wasted, and you’ll lose your effectiveness to make all the necessary decisions. And lots more! Tune in now.If you want some help clarifying your program promise and refining your curriculum, I’m here to help.
Also, if you haven’t done so already, subscribe to the podcast. I’m adding a bunch of bonus episodes to the feed and, if you’re not subscribed, there’s a good chance you’ll miss out.
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