4 Types of Consulting & Coaching Business Models (Ep7)
What are the different ways that consultants and coaches launch their businesses and get clients?
Listen to today's episode for my new series on Getting Started in Consulting/Coaching to discover why the business model you choose will determine how to prioritize your time, money, and focus. In addition, it will define the results and lifestyle you create over the long term.
I share the differences between these models, the upsides and downsides of each model and who each model works best for.
I'll also reveal why it's so common for both new and seasoned entrepreneurs to accidentally recreate their career through their business and wind up going from invoice to invoice vs. experiencing the full benefits of business ownership and how to fix it.
Where to dive in:
[3:36] Are you not ready to truly branch out on your own? The business model is great for those who are looking for mentoring and learning experiences. Hear about the pros, cons, and traps of this business model choice.
[7:57] Do you have a strong network and an excellent professional reputation? This model is often used by people who've built up a strong "Rolodex." Hear about why professionals eventually hit a wall with this model.
[10:57] Are you ready to dive into marketing, sales, and scalability? Do you want the control and freedom that business ownership offers? Hear about what it takes to commit to this business model. You'll also learn why so many consultants and coaches hesitate to transition into this approach.
[17:11] Are you a highly seasoned professional or a creative idea person? This business model is for industry-shaping idea professionals. This model is typically chosen by professionals who create shifts in perceptions or share their own stories to invite people into transformation. Hear about the fears and upsides of operating this model.
Three next steps:
- What is true about you and drives your career motivation? Don't let fear dictate your decision.
- Check out our programs and book a FREE strategy session. We will not offer a rush sales call if we are a good fit, we'll tailor a proposal according to your needs. betsyjordyn.com/schedule.
- Subscribe and tune in next week so you can learn about the difference between coaching and consulting.
About me: The Enough Already podcast is hosted by Betsy Jordyn. My marketing agency and mentoring firm helps consulting and coaching business owners clarify their brand messaging and positioning, create a website presence that position them as sought-after experts, land clients with ease and integrity and take their place as thought leaders and influencers in their niche. Our mission is to help consultants and coaches monetize their best-at strengths and authentic passions to make a bigger difference in the world. Check out our marketing agency services, mentoring programs and courses at https://www.betsyjordyn.com
Links:
Download our FREE guide and checklist that shows the steps to a profitable consulting or coaching business and life you love: https://www.betsyjordyn.com/opt-in
Learn more about our Brand Messaging & Positioning program: https://www.betsyjordyn.com/messaging-positioning
Schedule a consult call to talk about creating your consulting and coaching brand and profitable business: https://www.betsyjordyn.com/schedule
Related Blog, Video or Podcast Episode:
7 Key Decisions for Starting Your Consulting or Coaching Business Right
Want to Start a Business? 10 Reasons Why You Should!
7 Questions to Validate that Consulting/Coaching Business Ownership is Right for You