Life Coaching For Results (Part III)

🧠 Life Coaching For Results (Part III): Determining Your Coaching Fees

Are you ready to take the leap from hobbyist to professional coach? In this comprehensive course, Allan Mulholland guides you through the intricacies of setting fees that reflect the true value of your coaching services. By the end of "Life Coaching For Results (Part III)," you'll have a solid understanding of how to calculate your coaching fees and articulate why they are worth it.

Course Highlights:

• 💡 Understanding Fee Determination: Learn the formula that ties together Value, Cost, and Desired Outcomes to set your coaching fees.

• ⚙️ Five Key Components: Discover how to integrate your unique Signature Program, your Coaching Program, delivery method, and the value and cost of outcomes into your fee structure.

• 📈 Professional Pricing Formula: Develop a professional formula for calculating your fees, ensuring you're compensated fairly for the transformation you provide.

• 🛠️ Handling Objections: Gain confidence in addressing and overcoming any concerns clients may have about your fees.

• 🖥️ Coaching Agreement Assembly: Create a Coaching Agreement tailored to your practice, including a clear cancellation policy.

Module Breakdown:

1. Setting the Scene: Understand the importance of viewing coaching as a profession and how this mindset impacts your fees.

2. Calculating Your Fees: Learn the step-by-step process for determining your coaching fees based on value, cost, and desired outcomes.

3. Value Proposition: Evaluate the value of the Desired Outcome for your clients and how it justifies your fees.

4. Cost Considerations: Assess the costs associated with delivering your Coaching Program to ensure your fees cover these expenses.

5. Delivery Methods: Explore different methods you use to deliver your coaching services and how they impact your pricing.

6. Opportunity Cost: Understand the concept of opportunity cost and its role in setting fees.

7. Professional Pricing Structure: Construct a formula that encapsulates all the components of your coaching business to calculate your fees.

8. Handling Fee Objections: Learn strategies for confidently explaining your fee structure and overcoming objections.

9. Creating Your Coaching Agreement: Draft a professional Coaching Agreement, including terms, conditions, and policies.

10. Professional Endings: Implement a clear and respectful cancellation policy to maintain professional standards with clients.

By the end of this course, you'll have all the tools you need to set fees that are both competitive and commensurate with the value you provide as a life coach. Remember, your coaching is an investment in personal transformation, and your fees should reflect that. 🚀

Enroll now to transform your coaching practice and start earning what you're truly worth!