‼️Reminder‼️
If you don’t have a list that you own…
You are gambling with your business.
I have daily conversations with coaches who only use one social media platform and don’t collect emails or send any emails regularly…
Risky Business (cue Tom Cruise in his underwear)
While focus on one distribution channel can help while getting started.
Diversification to at least one channel that you truly own is crucial for stability.
Plus, email is a way better sales channel than social media.
If you haven’t started yet…
Here’s your sign (again).
Build your list.
Lead gen is not the same as lead conversion...
Most online fitness and nutrition coaches struggle more with lead conversion than they do lead gen.
But, everyone will say they "need more leads".
A simple funnel for building a money-making online coaching business in 2024:
TOF - social media (pick 1-2 to dominate at first)
MOF - email and long-form platform (YT or Podcast)
BOF - Offers (from $10-1000s to start the journey)
If online nutrition coaches spent more time making amazing and irresistible lead magnets to grab a prospect's email...
They would have a more consistent business.
Categorize your content into 3 distinct phases to get more clients:
1. Awareness, reach, distribution - mass appeal
2. Authority & relationship building
3. Conversion - time to ask
At each phase it's important to understand the limiting beliefs of the prospect in that phase.
3 Ways To Get Leads For Your Online Coaching Business
1. Posting on social media
2. Paid Ads
3. Partners and Affiliates
Referrals are the icing on the cake for these 3.
@thejustinwelsh Some of the smartest people often get stuck in concepts and theories. Arguing the ideas vs putting them into action.
The action takers who consistently show up often have outsized returns.
The Biggest Mistakes Coaches Are Making With Their Offers:
-Single price point limitations (Only high-ticket, upfront options)
-Complex multi-step sales (lots of "nurturing")
-Missing a true community offer
Too much uniformity.
Not enough understanding of Power Laws.
Business success isn't just following the rules.
It's about learning principles, and then experimenting to see which limits can be pushed for better results.
Experimentation > Rule Following
Harsh truth:
Most coaches/consultants (especially experienced "don't sell your time for money" ones) often overlook the goldmine in customizing offers for clients willing to pay more.
How to sell coaching/consulting:
Old way
-Sell into front end, then re-sell back end
-Multi-step sales process
-Single price point
-One size fits all offer
New Way
-Single streamlined offer
-Flexible commitments
-Multiple price tiers
-Cater to high-value clients
Value > Volume
Stages of Business Growth
Beginner: Obsess over marketing tactics.
Intermediate: Balance product and promotion.
Advanced: Let your work speak for itself.
Master: Integrate, the product *as* the marketing.
99% of coaches I see don't showcase:
-Real client results
-Daily coaching practices
-Insights from doing the work
Too much fabricated content for the sole purpose of "marketing".
Not enough product-led storytelling.