I love strategy. It’s so fun to put a plan in place, work it, and get results! One thing I’ve been focusing on lately is helping new coaches and service providers get profitable.

I’m super passionate about this because when you focus on getting profitable everything else falls into place…meaning you don’t feel pressured or desperate to make decisions in your business. You have more of a peace of mind, more clarity, and more confidence in your business! When you feel like this…you create so much momentum and you become unstoppable in your biz!

Here is a simple strategy you can put to action in your business so you can create more profitability and stability:

1. Get Clients.  The first thing a new coach or service provider should be focusing on is getting new clients in the door. This helps you really understand what your clients need and want. It really helps you understand their underlying motivations and desires. Focus on getting them the results they want. Focusing on one on one client work will help you bring cash in now and help you get more clarity about the people you want to work with.

2. Leverage Your Time. After you have worked with enough people to understand the common issues and problems that come up – now is a great time to leverage your time by creating a group program or online course that will help your ideal clients get the results they want without working with you on a one to one basis.  A group program or course can run all the time or several times a year and will bring in more cash without being time consuming.

3. Add Recurring Income. After running group programs and online courses the next step is to add a layer of recurring income. Recurring income adds so much more stability to your business because you no longer have to start the month off at zero. This could be a high level exclusive mastermind or year coaching program with monthly payments. The sky is the limit on what you could create. The key is to take a look at what you’ve been doing and get feedback from clients and customers to see what they might need or want that will support them.

Adding these as layers throughout the year will help you create a lot more profitability and stability in your business. Try it and let me know how it goes.

Need help implementing any of these layers into your biz? Let’s chat about my 4 week bootcamp going on now. Book a mini session here.