There is power in your process, in your plan. When you follow your plan, you execute the power in that plan. Coaches that fill their bank accounts do so because they’ve chosen to methodically do what’s necessary to achieve goals. Are you that kind of coach? Do you create and then enact your plan? Do you teach your students to methodically stay focused on achieving their goals? Do you analyze every step of your business process and show your students how to create a most effective business process, also? If so, you are the kind of person who knows how to jumpstart their advanced coaching methods. Click through and see some more practical methods for jump starting your advanced coaching methods today.
1. Do you know how to do business math? Maybe you do, maybe you don’t. But if you’d like to provide the best possible coaching methods, learning how to do business math makes your coaching more advanced. For example, when you can explain to your students how to figure out conversion rates, that’s using business math. Knowing those statistics and others are important ideas to teach your students. Only advanced business coaches will teach the value of determining a conversion rate and explain why knowing that number is so important to a business’ success.
2. Another number to know is about keywords. Let’s suppose that you have 20 keywords that are really pulling in well. Let’s say your website’s conversion rate is 30%. That’s a pretty good rate. But, could you make it better if you do further testing on your keywords? Could you see which longtail keywords have different embedded keyword phrases in them that could get you an even higher conversion rate? Would it be worth experimenting to find out? You bet it would!
The bottom line in business is money. How much more money could you be pulling in doing the same action but using different keywords? Experimenting with business statistics is how you can see the real value in your process.
3. Another secret to making your coaching methods better is to always be marketing in new and different ways by looking for new revenue streams. Using your product line and service line the way it is now, what could you change to make things even more profitable? Maybe you need to hire a consultant to look at your process from a different view. If you call in another business coach and feel like some of your coaching methods seem a little stale, listen to this coach’s ideas.
If he or she is experiencing improved profits, a sped up sales cycle or reduced business expenses by doing something different, check it out. Don’t be so concerned with “being right” that you use the wrong method and cause your business less profits. Sometimes you can either be right or you can be happy. If being happy means changing methods in part of your business process, do it. In the long run, it is a smart move.