About this episode
The Business of Coaching: Vision, Strategy, and Avoiding Costly MistakesAngie and John discuss the dos and don’ts of building a coaching business, reflecting on how they started with little guidance and often spent money on marketing and setup that didn’t work. They emphasise creating a clear vision of what “success” looks like (lifestyle solopreneur vs. scaling with staff), understanding finances and time constraints, and following a general progression from one-to-one coaching to groups and then scaling. They warn against getting distracted by non-priorities, overspending without a strategy, and growing too quickly, sharing an example of a startup that scaled fast and had to lay off its team. They critique coaching “job” postings that are actually franchises or MLM-like models, urging due diligence, and stress the value of trustworthy mentorship plus expert advice on legal structure and tax efficiency.CHAPTERS00:00 Business of Coaching01:36 Starting Without a Handbook03:44 Roadmaps and Realities06:50 Vision and Growth Stages11:24 LinkedIn Coaching Schemes13:46 Franchise vs MLM Warning20:05 Scaling Too Fast Lessons25:36 Spend With Strategy27:01 Pay Coaches and Value People30:24 Taxes, Mentors and Wrap UpWant to contact the show? You can leave us a voicemail. It's free to do, and we might feature you on our next episode. All you need to do is go to https://speakpipe.com/thecoachingclinicpodcast and leave us a message. You can also find our clips and full episodes on the exclusive Coaching Clinic YouTube channel: https://www.youtube.com/@coachingclinicpodcastYou can send us a video or voice message on LinkedIn:John's LinkedIn Profile or go to PresentInfluence.com for coaching enquiries with JohnAngie's LinkedIn Profile or visit AngieSpeaks.com2023 Present Influence Productions Coaching Clinic: scale your business, acquire high ticket clients & master coaching skills 86
