Here’s a common misconception about getting a coaching business to 7 figures:
As soon as you hit that elusive revenue milestone…
Coaches can make more than enough money to thrive.
While that’s true for some coaches…
There is *no* guarantee that hitting 7 figures in revenue will increase your take-home pay.
The first reason?
Revenue does not equal profit.
If you have too much overhead…
Or if your client acquisition cost is too high…
You’ll find it difficult to increase your “salary.”
But there’s a second reason:
Many coaches don’t have their finances in order.
In fact…
Today’s guest of The 6 Figures Coaches show, Will Boyd, has worked with several 7-figure business owners.
Before launching CEO Finance Academy 6 years ago, Will ran a marketing agency.
Here’s what he discovered during this time:
Most of his 7-figure clients barely brought home more than they did when they were at the 6-figure mark.
That’s when he pivoted to helping his clients master their money.
And 10 minutes from now…
He’ll reveal how coaches can fix their finances to keep more of what they make.
Here’s what else you’ll learn when you catch this episode:
— The biggest lesson Will discovered after helping 7-figure healthcare business owners
— One critical question to constantly ask yourself to thrive even in a descending economy
— The biggest mistake coaches under 6 figures make with their business banking accounts
— How Will attracts high-quality clients to his financial coaching business
— The 2 first issues every coach needs to tackle first to get ahold of their finances
— How Will segments his leads to show them the best-fit offer
— The strategy Will took to go from zero calls booked to getting qualified leads at $15 a pop
Plus much more, including:
— How to fix your finances as a coach
With that being said…
The episode goes live at 1pm PT/4pm ET and you can watch it for free inside The Hermit Hole:
-Luke Charlton
The Hermit Hole, Somewhere Near Byron Bay
P.S. If you prefer to listen to the episodes, you can do so via your preferred podcast platform below:
— iTunes: https://podcasts.apple.com/us/podcast/6-figure-coaches-with-luke-charlton/id1661587215
— Spotify: https://open.spotify.com/show/1HW4BmbY62J0Q6d5nmC8s1
— Stitcher: https://www.stitcher.com/show/1049995
Note: Today’s latest episode will be published on the above audio podcast platforms in 1 week.