G-BLLC06DBK9 520165642414387 10 | How to Create a Signature Coaching Programme - Women in The Coaching Arena

Episode 10

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Published on:

18th May 2023

10 | How to Create a Signature Coaching Programme

Having a unique coaching system will help you to differentiate yourself from the competition, refine and perfect your process, and create multiple streams of income. Jo encourages you to focus on what your clients want, not just what they need, and determine your pricing based on the transformation you provide.

IN PERSON EVENT - DARE GREATLY - 26 MAY

Creating a Signature Coaching Offer [00:00:26" rel="noopener noreferrer" target="_blank">00:00:26]

Jo discusses the importance of having a signature coaching system and how it can differentiate you from other coaches, create more reliable outcomes, and allow you to filter out clients who aren't a good fit.

Selling What They Want, Not What They Need [00:05:31" rel="noopener noreferrer" target="_blank">00:05:31]

Jo explains the importance of positioning your coaching in a way that resonates with clients and addresses their immediate desires, using the analogy of the front door and back door.


Identifying Your Ideal Client's Front Door Issue [00:07:23" rel="noopener noreferrer" target="_blank">00:07:23]

Jo advises coaches to actively lead with their ideal client's front door issue, the big goal they are currently aware of and actively seeking, to attract clients and help them achieve their goals.


Creating a Compelling Headline [00:10:18" rel="noopener noreferrer" target="_blank">00:10:18]

Crafting a headline that resonates with clients by understanding their front door issue and expressing it in concrete terms.


Steps in a Coaching Program [00:11:18" rel="noopener noreferrer" target="_blank">00:11:18]

Outlining three to six steps in a coaching program to provide a tangible roadmap for clients.


Determining Pricing [00:12:13" rel="noopener noreferrer" target="_blank">00:12:13]

Thinking about pricing in terms of the transformation provided versus the cost of a session and confidently setting prices.

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Transcript
Speaker:

Hello and welcome to Women in the Coaching Arena podcast.

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I'm so glad you are here.

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I'm Jo Lott, a business mentor and ICF accredited coach, and I'm on a

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mission to help brilliant coaches build brilliant coaching businesses.

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In this podcast, I'll be sharing honest, not hype, practical and

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emotional tools to support you to make the difference that you are here for.

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Microphone (Samson Q2U Microphone): Hello and welcome to episode 10

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of Women in the Coaching Arena.

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I'm so glad you are here.

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In today's episode, we are diving into the topic of creating

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a signature coaching offer.

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So if you have been in my world for a while, you know, I talk about this a lot.

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It's a crucial step because without a tangible offer, all of your marketing

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efforts could go to waste, and we definitely don't want that to happen.

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So firstly, what is a signature system?

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Your signature system is the unique method that you use with clients.

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In other words, it's how you help your clients get from A to B or how I

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like to describe it from Hell Island, which is where they are now, to Heaven

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Island, which is where they want to be.

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And here are some reasons why you would want a signature coaching system.

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So firstly, it differentiates you from other coaches.

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If you are a coach and have no other differentiator, then

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you have a lot of competition.

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Whereas if you have a unique methodology, then people will start to like the

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way you do things and your signature coaching offer will be something

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that you can become known for.

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My signature coaching offer is the business of coaching.

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It's my one program that I have poured my heart into, which helps coaches go

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from not enough clients and overwhelmed to having clients and having clarity

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about where their business is headed.

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Another reason why you would want your own signature system is because

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it creates more reliable outcomes.

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Because when you have coached somebody on that sort of topic, several times, you

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will start to notice patterns and you can refine and perfect your process over time.

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So thirdly, having a system in place versus selling coaching just

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as 6 sessions or something really helps you to actually sell coaching

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because people don't buy coaching.

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They buy solutions to their problems.

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I have a particular framework that is my intangible, tangible framework that

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I work through with clients to help them to bring the intangible, which

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is coaching and most people don't understand well enough to buy to a

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really tangible thing that the average person understands and values enough to

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part with their hard earned money for.

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So I provide lots of templates so my clients can create a visual

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representation, so then you can start to talk through your offer and really

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allow people to see the journey that they will go on if they work with you.

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It also allows you to filter out clients who aren't a good fit, because

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if they're not bought into your point of view, it's not going to work out.

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So for example, I believe that you do need to niche to be able to have,

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and grow a successful business.

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That doesn't mean that you can't get a client without niching, but you might

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just get the odd one or two, and it's probably not gonna be particularly high

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fees because if you're just selling coaching, it's really, really difficult.

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So my point of view is that you do need a niche and a signature coaching

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offer to be able to really sell coaching effectively enough to build

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a solid, reliable, long-term business.

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So if you don't believe that, then you are not gonna be a great client for me because

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I'm not going to be able to help you.

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So the fourth reason why is it allows your clients to feel safe and cared for.

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So when your client sees that you have a process, they can put their trust in you

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and know that you are able to get there.

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And obviously if they believe it's possible, then they are

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more likely to get the results.

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So a lot of it is also them buying into the fact that this is possible for them,

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and you can transfer that confidence that you have a way of helping them to get

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there versus the come for some coaching, we'll see where we get to, and most

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people then like, oh, I'm a bit busy.

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This isn't worth the money.

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All of that kind of stuff.

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So if they see that you have this way of getting them there, then

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they will lean into that process and are more likely to get the results.

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So the last reason why this is brilliant to do is it gives you the ability to

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create multiple streams of income.

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So when you want to stop trading time for money, you can build a book out

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of your signature coaching offer.

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You can build a course, you can build a group program, you can build a membership.

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There's lots of things you can do, and you can literally take this one

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system that you will become known for and use it in several different ways.

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So let's get started with the really exciting bit now and create

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your signature coaching package.

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So the first point you need to be aware of here is sell them what

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they want, not what they need First.

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We will explore that concept because it took me a really long time to really

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get it enough to do it effectively, because the two things are really

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different, and as coaches we often have a raised sense of awareness, that

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we can talk to them in, coach speak.

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We think that everybody knows about limiting beliefs and values and

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all other things that we know, but sadly, the average person doesn't

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know this stuff yet, and so coaching can be seen as a luxury item, and we

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need to help the average person who isn't used to investing that kind of

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money in themselves see its value.

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So we need to position your coaching in a way that resonates with them and

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addresses their immediate desires.

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So to do this, I love the analogy of the front door and back door.

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So, for example, someone who is unhappy in their job and wants a new job, the

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front door is, I wanna get a new job.

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The back door is the confidence to actually leave that job knowing their

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values to ensure that they go for a job that they love, knowing their

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strengths so they can actually really feel fulfilled in the next move.

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So what can happen by accident, because we know as coaches you know, there's a lot

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more involved with just getting a new job.

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Usually than filling in your CV and just applying for another

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job because it's often a pattern.

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Like they're probably miserable in their job because they were miserable in the

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one before that and the one before that, there is so much more usually to be done.

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So we will often say, and I've definitely done it to my friend, come for some

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coaching, I can really help you.

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We can improve your confidence that you can really go for jobs that you love.

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And she is like, no, thank you.

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I don't have time for that.

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That's really nice.

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And I know that, yeah, one day I'll do that, but right

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now I just need to get a job.

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So what I really need to do is lean into my friend's immediate must

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have solved now issue, which is get a job and say, come work with me.

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I'll help you to get that next job.

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And then when she's in the front door, which is get the job, we will say, great.

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So session one, what's going on for you right now?

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What's holding you back from getting the job that you love?

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And then you'll get to explore all of the stuff that is holding the person

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back from actually achieving their goal, which is usually the confidence,

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the mindset, all of the stuff.

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But we need to actively lead with that front door issue.

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So have a think about your ideal client.

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What is their big goal that they are currently actually

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aware of and actively seeking?

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Think about what they're thinking about in the middle of the night

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when they're worried, what is the one thing that they are aware of

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that they need help with right now?

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So take some time to have a think about your ideal client's front door issue.

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Another real life example of a mistake I made when I first started

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my program, the business of coaching was selling the idea of helping people

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to build their coaching business.

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I mean, obviously that's what you need to do to get clients.

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There is identifying your why.

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Setting up your business, your niche, your marketing, overcoming your

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visibility issues, knowing how to have sales calls, how to set up sales

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funnels like there is so much involved.

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So I was leading with help you to build your business.

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But actually what people wanted was, I just wanna know how to get clients.

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Thank you.

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So for example, I used to have a lead magnet, which is a free pdf.

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I've probably spoken about it in previous issues of 10 steps

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to build your coaching business.

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I had really slow growth with that lead magnet.

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Yeah, people did download it, but the moment I changed my lead magnet,

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to, 12 ways to get clients now.

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I had like 50 downloads in the matter of a day, so it was a huge difference

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and really showed me that I too, was going wrong because again, of the raised

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awareness I have of what's involved in actually building your coaching

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business so again, it's really easy to get this wrong because we know

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far too much about the things that we usually end up helping people with.

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So once you understand your client's front door issue,

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it's time to craft a compelling headline that resonates with them.

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So what is going on in their life right now?

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What do they wish for?

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And try to express it in really concrete terms.

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So for example, get out of your rut and get into a job that you love.

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That could be a clear front door message.

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If you, for example, are a career coach.

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Okay, so now we know how to sell them what they want, not what they need.

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Let's move on to your journey.

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So your steps that you are going to take this person on to get them there.

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Have a think about three to six steps that they may need to take.

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So, for example, if you are a career coach, they might be your confidence, your

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strengths, the technical aspects of career change, and then maybe a how to excel in

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your career once you have your new job.

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So they might be my four steps in my coaching program that will

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help somebody get from stuck in a rut into a job that they love.

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So by outlining a journey, you can provide a tangible roadmap that people

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understand enough to think, okay, I can kind of see that if I wanted to get

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this result, it looks like these are the sorts of things that I need to know.

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Yes, please.

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I am in.

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So now you have your high level steps.

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It's time to think about the logistics.

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So just because you have three or four high level steps doesn't

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mean that that is the amount of coaching sessions you will use.

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You'll want to think about what are the logistics like how many sessions

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are you giving free email access, like what goes into your offer and

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tailor it to fit that person's needs and your needs as well ultimately.

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Then comes pricing.

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So it's crucial to think about your pricing in terms of the

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transformation that you provide versus the cost of a session,

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because it's not about the session.

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So much goes into that relationship.

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You hold space in your heart for that person while you're working with them.

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Over the several months you're working with them, not just in the session.

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There will be toing and froing back and forth over things.

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They will be gaining insights from the actions they're

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taking in between sessions.

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If you want to have a really successful coaching business, it's really good

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to start thinking about the time, energy, and expertise you bring to the

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table and confidently set your prices.

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So if you are thinking, what about coach training school, because this

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sounds completely the opposite.

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Yes, you are right.

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It is completely the opposite because at coach training, they teach you

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how to coach, but they don't teach you how to actually sell coaching so

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that you actually do get to coach.

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Because there is a huge gap and I wish more coach training providers were

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really open about the fact that you might need to learn some marketing and sales

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skills to be able to have a career as a coach because there is so much to learn.

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It's like an entire, another qualification in itself, how to build a business

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and actually make this work for you.

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Microphone (Samson Q2U Microphone)-6: So that was a Whistlestop tour into

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creating a signature coaching program.

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Let's summarize today's episode.

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So firstly, what is the Signature Coaching System?

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It's how you help your clients get from A to B.

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Secondly, we covered why you might want a signature coaching system

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versus just selling coaching.

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And the reasons were it differentiates you from other coaches.

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It creates more reliable outcomes.

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It helps you to actually sell coaching so you can actually do the thing you love.

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It allows your clients to feel safe and cared for, and it gives you the ability

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to create multiple streams of income.

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Thirdly, we went into how to create your own signature coaching package.

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So firstly, sell them what they want, not what they need, address their front door

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issue rather than the back door issue.

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Secondly, mapping out your journey from their current situation

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to their desired outcome.

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Thirdly, we talked about the logistics.

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How many sessions, like what's exactly involved in what you're

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selling, and fourthly, determining your pricing and making sure that it

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reflects the value that you provide.

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So good luck with your signature coaching offer.

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If you want my help implementing this, this is what I do best in

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my signature coaching program, the Business of Coaching.

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You can learn more about this via my website in the show notes or book a call

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to see if it's what you need right now to grow your business with more ease

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and attract the clients that you want.

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And like I always say at the end of every episode, trust yourself, believe

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in yourself, and be the wise gardener who keeps on watering the seed.

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Thank you so much for listening to this episode of Women in the Coaching Arena.

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Please come and say hi to me on LinkedIn or Instagram and let me

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know how you are getting on in your coaching business and how you are

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gonna go for your dreams this year.

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My name on LinkedIn is Joanna Lott and on Instagram is at Joanna Lott Coaching, and

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I'll also put links in the show notes.

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Let me know if you found this episode useful.

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Share it with a friend and leave me a review, and I will

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personally thank you for that.

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Thank you so much for listening.

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About the Podcast

Women in The Coaching Arena
Helping compassionate coaches to grow their coaching businesses with practical and emotional tools so that more brilliant coaches build brilliant coaching businesses
Are you a coach who's passionate about making a difference and building a thriving coaching business? Join Joanna Lott, a business mentor and ICF certified coach, as she shares practical and emotional tools to help you succeed in the coaching arena.

In each weekly Thursday episode of The Women in the Coaching Arena Podcast, Joanna provides valuable insights and actionable advice on various topics, such as business strategy, marketing, mindset, energy and entrepreneurship. Whether you're just starting or have years of experience, this podcast is for you.

You have a gift that needs to be shared and Joanna is here to help you do it.

About your host

Profile picture for Joanna Lott

Joanna Lott

Joanna Lott helps coaches stand out and get clients - with honesty not hype.

She has 20 years’ experience of working within HR and Governance in trade unions and financial services.

After qualifying as an ICF Executive Coach she set about learning everything she could about business, sales and marketing and quickly built a profitable career and executive coaching business around her young family.

Other coaches started asking her how she did it, so she’s supported 35 coaches in the last year alone to help them to build their business and get clients so they can make a living doing work they love.