Hi there. It's Carolin here and today I want to talk to you about what it really takes
to start your online coaching or consulting business so you know what you're getting yourself
into right from the start. Make sure you stay all the way until the end of the video, because
I'm also going to talk about the most common misconceptions and the most common mistakes
that people make when they're launching their online business.
All about helping you go from passion to profits in your coaching business.
There are so many people in today's society that want to become their own boss and launch
an online business. And so many of them choose coaching or consulting because it's one of
those professions that is high paid and it also allows you to feel really passionate
and excited about the work you do every single day. Not only that, coaching and consulting
is also something you can do from home. You can travel, so you can take your business
with you and it doesn't even require special certifications or skills for you to get started.
So is it really that easy? What does it really take for you to launch a successful online
coaching or consulting business from working with thousands of coaches and consultants
over the last couple of years, we know what it really takes to launch and scale a highly
profitable and successful business online. And today I wanna share with you what it really
takes so you know what to expect.
Let's start by talking about the elephant in the room right off the bat. Do you see
the elephant? Is it here somewhere? What is it? Financial resources. A lot of people ask
us, can I launch my business for free? Can I do this all myself? Can I make money first?
And then reinvest the money into my business? And the answer is always no, no, you cannot.
If you go out there and you ask any successful business owner in any industry, they will
always tell you that starting a business takes financial resources. What you invest your
money in depends on what exactly you want to do, but there will always be an initial
up front investment into your business so that you can get everything off the ground
and start it the right way. So I want to tell you about this idea that you can launch your
business for free and try to figure it out on your own in the beginning and become profitable
because that for most people simply does not happen.
And I say that because I want you to be realistic and have the right expectations when you're
going into business for yourself. What will you spend your money on? Most likely you'll
be investing in a business coach or a mentor. Most new coaches and consultants need a business
coach or trainer because you were most likely not born an entrepreneur. So you don't know
how to build a brand. You don't know how to build a website, how to create offerings,
how to market yourself and how to gain clients. And that's not your fault. You need to learn
those things to get started. You may also be investing in a photo shoot, a brand, a
website, later on your online systems and tools. Then later on, some online advertising
and marketing and more. How much will you be investing? I always tell my clients approximately
$10,000. Now know that this is a very generic number, but I want to give you a benchmark
to look at.
If you have about $10,000 to invest, you have a financial cushion to invest in the support
you need to get your business off the ground and then actually recoup that investment and
make the money back in a couple of months. When we work with clients, it usually takes
us approximately four to six months to get them from zero where they're just starting
to growing full time in their coaching or consulting business and earning a nice profit.
The next thing I want to talk to you about is your mindset, and when I talk about mindset,
I'm really thinking about your commitment. So let me ask you a question. How committed
are you really right now to launching a successful business? On a scale from one to 10, where
1 is just thinking about it and 10 means I'm as committed as they come, where do you stand?
Really ask yourself that question, because what we know is that in order for you to grow
your business, overcome challenges, face fears, and put yourself outside your comfort zone.
To succeed, you need to be fully committed. You need to be 100% in. When clients ask to
work with us, we always ask them, how committed are you right now? And if they give us anything
less than an eight out of 10 we usually don't speak with them. Why? Because we know you're
just looking into it. You're just dreaming about it. It's a great idea, but you're not
100% committed. In order for you to be successful as a business owner, you need to be 100% committed.
You need to be a 10 out of 10 so ask yourself, are you there right now? And if not, maybe
now is not the right time for you to get started.
Next, let's talk about your expectations. There's so much marketing and so much hype
out there nowadays, and my mission is to set you straight and get you into business with
realistic expectations so that you don't get overwhelmed, frustrated and disappointed with
yourself. A lot of people say, you know, go into business and next month you'll be making
$10,000. There's marketing out there that says 10K in 30 days and seven figures in three
months. And all of these things are maybe possible, but not realistic for most people.
So what we want you to do is be really realistic with yourself when you're getting yourself
into business, and look at what's feasible for you, what are your income expectations,
right? So how much do you want to earn and how long do you, this is going to really take
you? What we know from experience is that most new coaches and consultants will be earning
between five and $10,000 within four to six months.
Now this is not a guarantee or a claim or anything. This is what we have seen from our
experience. You can be earning a lot more, but you could also be earning a lot less.
There are no guarantees in business, so you need to be ready to get in business and do
the work and have realistic expectations and even keep going if you're not making the money
right away, and if you're not gaining the clients right away because why? If this is
your passion and this is your dream, this is what you need to do and there's no giving
up. You also want to think about realistic expectations around work and how much time
it will take. Now we have clients who are working full time jobs. They have an hour,
maybe two at most every day to work on their business.
We also have clients who work on their business full time. They can spend eight to 10 hours
every single day working on their business. So what does that really mean? That means
that people will have to go at their own pace. You are not like everybody else. You have
different skills, a different personality, a different mindset and different goals. So
don't expect to be like everybody else. You have to go this journey at your own pace,
right? So it may take you three months, maybe six months, maybe even 12 months, to have
a fully functioning and profitable business, but what matters the most is that you get
started right now. Because the other thing I know is that life is never perfect. There
might always be children or things happening in life, or maybe you're moving right now.
Maybe your job isn't quite stable. Whatever it is, life is never perfect, but you only
have one life and you only have one dream.
So what matters the most is that you get started right now. Go on this journey and then set
realistic expectations and don't give up on your way to having a successful business.
The last thing you need to expect when you get into business for yourself is to be really
passion and love driven. What do I mean by that? Well, I've seen people get into business
for themselves and do it for mostly the wrong reasons, right? We all want to be free. We
all want to be financially independent. But if you're not driven by this desire to really
help people to really make a difference, if you don't have that passion and that fire
in you, it will be very hard to eventually overcome challenges and sustain your business.
Launching a business and running a business, to me, is really like a marathon. It's about
being persistent.
It's about how long you can carry it for, not how much you can carry, right? So it's
about you knowing why you're in business in the first place. So think about this right
now. What are your main drivers? What's your big why? What are you so passionate about?
Why do you want to help people? And what's the contribution that you want to make on
the world? If you know these things, you can use them to fuel you, to give you power, motivation,
and strength every single day, no matter what happens in business. And that's your ultimate
key and secret to success. And now I would love to hear from you. Let's have a conversation.
What is holding you back from launching a coaching or consulting business right now?
What are some of your fears? What are some of your concerns? What do you think is unknown
for you right now that is stopping you from taking action?
Is it time? Is it money? Is it confidence? Is it vision or clarity? Let me know down
below in the comments and let's have a conversation. And now I have a very special invitation for
you. You want to build a successful online coaching or consulting business, correct?
If that's so, I would love to support you on your journey. We would like to invite you
to join us in Brand Your Passions, our six month mastermind. That is a complete hybrid
program to help new coaches and consultants go from zero to having a full time business
in as little as six months. Now the program includes videos, modules, templates, and workbooks
to help you build and implement everything step by step. We also offer you full suite
of support, including one to one coaching, group coaching calls, a community email access,
and so much more. Now the program is not easy, but it's designed to give you the results
you really want.
The program is also not cheap, but it's priced appropriately based on the results we know
we can deliver for you, and it's not going to promise you money overnight, but it's going
to give you everything you need to build a full time profitable passion based, online
coaching or consulting business in the next couple of months. To find out more about Brand
Your Passions, simply go to brandyourpassions.com or book a call with your Team Soldo coach
and we would love to talk to you about where you are right now, where you want to go, how
to bridge that gap, and what your next best steps are towards your dream business in the
next couple of months. To book a call with our team, simply go to Carolinsoldo.com/booknow
and we're excited to talk to you in just a couple of days.
Now you know exactly what to expect when you're launching your own coaching or consulting
business online. And now it's time for you to stay focused on your goals because I believe
that you are meant to bring your passions out there to the world. If you like the video,
give me a like below. Subscribe to our channel, share with your friends, and then don't forget
to come back next week. Thank you for watching and take care.
Driven by financial things, they were driven by significance. They were driven by, you
know, making a lot of money and hold on. That's not good. So that you know, you will know,
you know, you know what you know.
The next thing I want to talk to you about is your mindset. And we have noises again...uhhhhh
crap.