Do you want to have a business that will guarantee you thousands of dollars in income? On the flip side, do you want help with your business that will help you achieve your goals and financial dreams? What business can be beneficial for both you and your customers? The answer is coaching. Coaching is a business that can create million dollars of revenue for both the coaches and the people being coached.

Coaching can help you learn the tricks of the trade in your business area. As a coach you can help others learn how to run their business so they maximize profits. If coaching is so lucrative how come not everybody uses coaching?

People don’t use coaching because of three reasons:
Reason #1: “I just started in my business and when I really get it up and running then I’ll do coaching.” That’s a slow way to reach your goals. You will lose time and money fixing mistakes. Plus, it a great deal of work to function in this manner. A coach can help you avoid mistakes in the first place and earn money instead of spending money.

Reason #2: “I think coaching is very hard to learn. It’s going to cost a lot of money and take a lot of time.” Investing time and money into coaching will reap you greater rewards in the long run. Being a coach and being coached takes effort, but is not difficult. If you find the right coach it can be a smooth process.

Reason #3: “Coaching is a big, fancy and advanced skill.” This is not true. Everyone has natural coaching potential. So if you want to coach, you can. Don’t let limiting beliefs stop you.

What are the benefits of coaching? Following are the top three reasons why being a coach is rewarding:
1.) Coaching is fun.
2.) Coaching creates tremendous results and profits.
3.) Coaching is easy.

Isn’t a coach the same thing as a manager? No. In recent years, management theory has been very popular. Management is dead now. It doesn’t work. A Harvard Business Review study found that 80% of management initiatives don’t work. The same study found that 80% of coaching initiatives do work. Management “tells” people what to do which does not get results. Coaching “helps” people develop their own in inner motivation to do things. A coach can help you tap into your motivation.

In other words, a manager is a boss. A coach asks how they can help you. A manager fire fights. They try to take care of problems themselves. A coach teaches you how to become a problem-free zone. Who would you rather listen to? A coach of course!

Warmest regards,

Matt Bacak

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