Friday, 29 January 2016

7 Strategies For Charging High-End Coaching Fees!

Here are seven strategies that, when fully implemented, will result in the high-end coaching fees your clients will be eager to pay you. Each one of these seven strategies contains a piece of the puzzle that, when put together, becomes the framework for a results-driven coaching practice!

As with any puzzle, if one of the pieces is missing, you will not be able to produce the results your clients are looking for, nor will you be able to justify the high-end fees you’re entitled to! I refer to these strategies as the “7 R’s of Results Coaching”.
They are:
  1. Reason
  2. Relationship
  3. Representation
  4. Recognition
  5. Regard
  6. Responsibility
  7. Result
If you follow these seven steps in the order they are presented you will soon begin to reap the benefits of being perceived and rewarded as a Results Coach!
Let’s begin

Strategy #1 – Know Your Objective!
The first “R” stands for REASON.
There are two essentials for entering into a coaching relationship with a client:
  1. You must have a compelling reason for wanting to work with the client.
  2. The client must have a compelling reason for wanting to work with you!
Let me explain the interdependence of these two essentials!
As a Results Coach you share a clear objective with your client. And that objective is to achieve a result (or Desired Outcome). What is often less clear, is your shared understanding of the Desired Outcome.   Many coaches will enter into a coaching program that has no specific objective in mind! They’re just happy to be coaching someone!

Anyone!

If you’re not perfectly clear on the objective of your coaching program, you don’t have a compelling reason to coach your client. If you don’t understand the result your client wants to achieve, or if the Desired Outcome is not an absolute MUST for your client, you will not be able to target your coaching program on the objective! If a coaching program cannot be focused on a very specific outcome for the client, you will not be able to achieve the results for which your client will pay you high-end coaching fees!

It is equally important for your client to ascertain that you are the coach who can ultimately deliver the results the client is looking for. If you’re client is not certain about your ability to facilitate a Desired Outcome, your coaching program will be sabotaged from the start! A lack of certainty leads to a lack of commitment on the part of the client! This will ultimately diminish the value of your coaching program and undermine the effectiveness of your coaching relationship.

So before you and your client commit to a coaching program, make sure that both you and the client have a clear understanding of the overall objective and a mutual determination to achieve a desired result!

Here are two critical components of this mutual evaluation process:
  1. Introductory Coaching Session (ICS)
This is an exploratory 30 minute session to determine whether there is a solid interdependence between the client’s objective to work with you, and your ability to facilitate this objective. You may offer this ICS call for free, but I do not recommend that! Anything that creates value requires an investment. Even if you have nothing but time on your hands, you should always insist on attaching an investment to your time with a client! So charge $97 for the ICS, with a refund option if the ICS did not measure up to the client’s expectations!
  1. ICS Prep Sheet
Prior to the call, you need to send out an ICS Prep Sheet that serves a dual purpose:
  1. It prepares the coach for the upcoming call by providing details about:
  2. The client’s issue(s), challenge(s), goal(s) and objective(s)
  3. The emotional and financial cost to the client for not achieving a Desired Outcome - (Cost Assessment)
  4. The emotional and financial value to the client for achieving a Desired Outcome – (Value Statement)
  5. It show the client that the coach is investing time and effort into creating value for the client during the ICS.
Once the client completes the ICS Prep Sheet, you can then determine whether the issue merits a custom coaching plan that you will prepare and send to the client immediately after the ICS call has ended!

Your 30 minute ICS is structured in such a way that it validates you as the Results Coach the client needs in order to achieve their Desired Outcome. There are 4 components to the ICS call that will accomplish this objective:

1 - Issue (5 minutes)
Have the client communicate in their own words how they would describe the issue or challenge they’re dealing with. This could be a personal issue, such as a relationship or a weight loss problem, or a professional issue dealing with a career or business. Since your client already summarized this issue in the ICS Prep Sheet, you should be able to condense the description to a maximum of five minutes!

2 - Impact (5 minutes)
Have the client communicate in their own words how this issue is impacting their personal and/or professional life. Key elements of this component will be the emotional impact on their daily routine or their quality of life. It is crucial to the outcome of the ICS that you engage your client at a highly emotional level to describe the pain and despair this issue is causing and the situation that they find themselves in. Review and confirm the “Cost Assessment” on the ICS Prep Sheet of not achieving their Desired Outcome. Please allow 5 minutes max and make sure you take copious notes before you move on to the next component.

3 - Resolve (5 minutes)
Ask your client a direct question at this point! “Is your Desired Outcome an absolute MUST to achieve, or is it just a wish or desire?” In order for you to work with a client and achieve a Desired Result, the resolve needs to be an absolute MUST. You are a Results Coach and not a “dream weaver”! You are 100% dedicated to help your client achieve their Desired Outcome, but your client needs to be equally committed to the goal! Again, allow 5 minutes max and make sure you take detailed notes before you move on to the next component.

4 - Solution (15 minutes)
Up to this point, the client has done most of the talking. Now it’s time for you to take the helm! This is your moment to deliver!
  • You fully understand the objective for which your client seeks your help.
  • You fully appreciate the impact this has on your client’s personal and/or professional life!
  • You feel inspired and motivated by your client’s determination to achieve their Desired Outcome.
  • You have decided that you want to work with this client and you are going to spend the next 15 minutes explaining how your unique and proprietary coaching program is going to deliver the desired results!
Strategy #2 - A True Life Coach is a Coach for Life!
The second “R” stands for RELATIONSHIP.

One of the major challenges many coaches face is finding a proper balance between delivering results in the short-term and maintaining a coach-client relationship over the long-run.

But here’s the good news!
A
long-term relationship with a client does not compromise your ability to deliver desired results. In fact, as your client’s goals and objectives change over time, the desire for a life-long coaching relationship will grow ever stronger!

We all know that the only constant in life is change, and your ultimate role as a coach is to facilitate change for your clients! You don’t want to enter into a single issue coaching “affair” with a client! You want to enter into a long-term “coaching marriage” that is based on trust and respect!

As your relationship with a client “matures” over time, you will be able to delve deeper into your client’s true motivation for working with you as a coach. You develop a level of trust and respect that fosters a life-long relationship and produces the transformational results that will continue to generate high-end coaching fees!

But transformational results are never arbitrary! The very nature of a transformation is that it takes place incrementally and over an extended period of time.   A transformation occurs when a dream becomes a vision.

When a Mission Statement becomes a Vision Statement!

Unfortunately, many coaches are so anxious to meet their clients’ demands that they focus on a long-term vision rather than a short-term result!

THIS IS A HUGE MISTAKE!

You cannot coach a dream, nor can you coach a vision! You can support it, but you cannot coach it! But you can coach the incremental steps that become the building blocks for the transformation. You can coach the “milestones” that your clients must achieve in order to complete the transformation over time. These are the “Milestones” that will be perceived as the results your clients will pay you high-end coaching fees for!

But before you can take your clients on this transformational journey, you must have a systematized approach to Results Coaching! You need to have a coaching system that is flexible, adaptable and client specific!

You must create a coaching system that is results-driven and goal-oriented! A coaching system that is uniquely yours and defines you as a Results Coach!

Which brings us to . . . . .

Strategy #3 - Design your Signature Program
The third “R” stands for REPRESENTATION.

As a Results Coach, you must design a Signature Program and use it as the template for your Coaching Program. But here’s an important distinction! While your Coaching Program is based on your Signature Program . . . THEY ARE NOT THE SAME!

The best way to describe a Signature Program is to compare it to a self-help book. This self-help book has unique and valuable content that the reader can use to arrive at a Desired Outcome. The “modules” of a Signature Program are like the “chapters” of this book. And because you created and designed the program, it bears your signature!
Hence the name Signature Program!

Your Signature Program represents your uniqueness as a Results Coach. It defines you as a Results Coach! It is your proprietary method to creating the changes that will lead up to the achievement of a Desired Outcome. It is specifically designed and created for those who are in your coaching niche.

The format of the Signature Program that I will describe for you is meant to be a guide to get you started. Once you’ve created your outline, defined your message and stated the objective(s) of your program, it is simply a matter of “filling in the blanks” with your content!
The Signature Program you need to create will be a 12 week program. Of course you can design your Signature Program to be as long as you like, but I recommend that you create your initial program around a 12 week framework and only expand on it once you’ve had a chance to work with it for a while.

As I stated earlier, the Signature Program you’re going to develop will have a total of 12 Modules. One module for each week of the program. First you’ll create the ‘framework’ for the modules. Once you’ve created the ‘framework’, you can populate each module with an outline and structure for the content.

The content of your Signature Program must be applicable to anyone in your coaching niche. It is “niche specific”. When you incorporate your Signature Program into your Coaching Program, you can make your content “client specific”.

There are 4 criteria that need to be met to make your Signature Program “niche specific”!
  1. Identify the biggest challenges of your coaching niche.
  2. Identify the common goals of your coaching niche.
  3. Describe your unique attributes or qualifications when it comes to working with your coaching niche.
  4. Explain how your approach to coaching is different from other coaches in your coaching niche.
If you don’t have a Signature Program for your coaching practice, you will not be able to create the results your clients are looking for and generate the high-end coaching fees to provide you with a lifestyle of choice!

Strategy #4 - Develop a Unique Coaching Proposition
The fourth “R” stands for RECOGNITION.

You need to be recognized as a Results Coach in order to attract high paying clients and charge high-end coaching fees! You must have a “Unique Coaching Proposition” (UCP).

A “Unique Coaching Proposition” is the perception a Results Coach must create to convince the client that his or her coaching program is different from and better than that of the competition. Unless you can convey to your clients what makes your coaching proposition unique in a world of homogeneous and traditional coaches, you cannot target your niche market successfully.

Deciding on a UCP is possibly the most important decision you can make about your coaching practice. If you make your coaching practice stand apart from the crowd, everything you do will be easier. Clients will be easier to come by and will gladly spread the word about the results you achieved for them.

On the other hand, if you don’t develop an effective UCP, getting any potential clients to pay attention to you will be a constant struggle. Your UCP can mean the difference between success and failure.

Your Unique Coaching Proposition is what makes you stand out as a coach. It’s what makes you different from other coaches and earns you a special place in the minds of your potential clients. Differentiating your business is a good thing, whether you’re talking about your coaching itself, your products or your marketing. I like to think of your overall UCP as your reason for coaching. Think about it from your client’s point of view. With hundreds of potential coaches out there, you have to answer the question, “why should I work with you?”  If you don’t answer that question quickly, your potential coaching clients will move on. It’s really pretty simple.

It’s not about being the best coach. It’s about delivering the best RESULTS!
When you’re just starting out or if your coaching practice is struggling, it’s often hard to compete on coaching quality alone. You need to change the conversation. Instead of screaming “hey, look at me, I’m a great coach too,” you want to confidently say, “Hey, I’m all about RESULTS! I do things differently. If you’re looking for a Results Coach, I’m the coach who can deliver!”

How to define your Unique Coaching Proposition
There are a lot of different approaches you can take. Your UCP might end up being a combination of things. There’s no one right answer. And depending on what type of coaching you do, even a small amount of differentiation could lead to a much greater level of success.

Here are a few simple ways to differentiate your coaching practice.
1 - Use your personality
Oftentimes your personality as a coach can make a powerful difference in the way you develop a coaching relationship. By putting your personal stamp on your coaching practice, you create a Unique Coaching Proposition no other coach can replicate (there is only one you, after all).
2 - Explore Coaching Methods that focus on RESULTS!
Think about your Signature Program and how this makes your coaching programs unique. Your UCP doesn’t require inventing something new, just combine your Signature Program (niche specific) and your Coaching Program (client specific) into a unique coaching experience!.
3 - Narrow your Niche.
By narrowing your niche, promoting your coaching services to that niche becomes much easier. Once you know where to find your niche and where they hang out online, you can target them.
4 - Narrow the Focus of your Coaching Practice.
Finally, you can focus on one particular aspect of your coaching. Instead of being a life coach, become a Results Coach who can deliver the results that clients are prepared to pay high-end coaching fees for! Instead of being a business coach, become an Executive Coach who specializes in helping CEO’s from large corporations.

Remember, you’re not trying to appeal to everyone!
When starting out, creating a UCP might seem like you’ll be leaving out some potential clients. It’s a natural tendency to want to coach everybody. But when you try to coach everybody, you’ll end up delivering weak and unsatisfactory results. The goal of your UCP will be to connect more strongly with your niche clientele. When you connect strongly with a smaller niche audience, your influence will spread much more quickly.

Strategy #5 – Your Coaching Proposal
The fifth “R” stands for RESOLVE.

Many coaches dread the moment where they have to bring up the subject of their fees! Some coaches try to avoid having to deal with this issue by posting their fee schedule on their website. By putting it out in the open it shows a level of transparency on the part of the coach. No hidden fees and no surprises.

Other coaches simply blurt it out! They take a deep breath and hastily tell the client what their fees are. Then they wait for that awkward silence that precedes the client’s response. Sometimes the client says “Yes”, but most of the time the client defers any commitment to some future date.

The reason for all this discomfort with coaching fees is very simple. The client’s perception of coaching value does not match the coaches’ resolve to charge high-end fees for the coaching services he/she will provide. But more importantly, the coach has not had a chance to sufficiently communicate the value of the coaching services in the time allotted for the Initial Coaching Session (ICS).

Whether the ICS is free or provided for a nominal fee, there simply isn’t adequate time to:
  • outline the scope of the coaching program
  • determine its value to the client, and
  • present the coaching fees in a professional manner.
For many coaches, rejection becomes a self-fulfilling prophecy!

It always amazes me that for a profession that is so reliant on service and goodwill, many coaches still insist that the ICS is the time and place to enter into coaching agreement! It’s where the deal is done and the value and fees are determined!

Nothing could be further from the truth!

The ICS call is not meant to be a coaching session. It is not designed to “sell” your coaching services! And it is not the time to discuss your coaching fees! An ICS call only has one purpose! Its sole function it to move the client to the next phase in the process of attracting highly motivated and valuable coaching clients. And what is that next step?

As soon as you finish your ICS call, you must send your client a Coaching Proposal. Your CP consists of 5 parts that are all designed to accomplish one thing - To confirm to the client that you are the Results Coach who can facilitate their Desired Outcome! Each of the 5 elements of the Coaching Proposal adds a unique value and authenticity to your ability to help the client achieve a desired result.
  1. The first element gives your client the outline for your coaching program. It answers the HOW question.
  2. The second element identifies the goals and objectives of your coaching program. It answers the WHAT question.
  3. The third element sets out the commitment that is required to achieve the Desired Outcome. It answers the WHY question.
  4. The fourth element determines the mutual accountability for coach and client. It answers the WHO question.
  5. The fifth element brings it all together. It answers the HOW MUCH question. This is where you spell out your coaching fees, how they are determined, how they are to be paid, etc.
With a properly prepared Coaching Proposal, your clients will see the value of you program and the justification behind your fees. And you will no longer have to deal with any “fee anxiety”!

Strategy #6 – The Accountability Factor
The sixth “R” stands for RESPONSIBILITY.

If the objective of a Results Coach is to facilitate a result for the client, to what extent should the delivery of that result be the responsibility of the coach? In other words, when you enter into a Coaching Agreement with a client, are you responsible for the client’s Desired Outcome?

This is probably one of the most controversial aspects of coaching. Many traditional coaches will argue that “it’s up to the client to achieve the Desired Outcome” and therefore delivering results is not the role of a coach.

I personally consider this a cop-out and an excuse for not wanting to create a level of accountability on the part of the coach. True, you can’t control the client’s ability to achieve a Desired Outcome and that is certainly not your role.

But it is your role to hold your client’s feet to the fire and if the client is not progressing at the rate you originally estimated his/her feet are going to be awfully sore!

You and your client are about to embark on a voyage through uncharted waters. Even though you’re the captain of the ship, your client is paying the fare! And because your client is paying you high-end coaching fees, he/she gets to travel first-class!

If there is turbulence ahead for your client, adjust the altitude of your coaching plane.

If there is a storm brewing, find shelter for your client.

If the prevailing winds are favorable to your client, hoist all sails!

If your client’s ship is drifting aimlessly, grab hold of the rudder!

But while the coach is accountable for the safe passage to the Promised Land of a Desired Outcome, the client is accountable for determining the ultimate destination. It is their Desired Outcome you’re travelling toward, not yours! It is your job to ferry the client to their Promised Land. But let the client choose the port of entry. It is your job to interpret the navigational charts. But let the client choose the direction. It is your job to set the course. But allow the client to ‘adjust’ it. It is your job to get them from Point A to Point B. But let the client select the itinerary and the stops along the way.

If results are the essence of your Coaching Program and commitment is the glue that bonds, then accountability is the shield that protects your Coaching Program from the effects of harmful influences that may cause your client to veer off their intended course.
While you are accountable to your client for facilitating their desired result, your client is responsible and accountable for the successful achievement of a Desired Outcome. Your role as a Results Coach is to show the way!

No coach/client relationship can survive without a high degree of accountability on both sides! As a Results Coach, you’ll not only raise the bar on the delivery of your coaching program, but you will also raise the bar on your client’s performance!

And that is true accountability!

Strategy #7 - From Perception to Reality!
The seventh “R” stands for RESULT.

When differentiating between traditional coaching and Results Coaching, I always try to qualify those labels in terms of measurable and quantifiable results. In sports competition, the difference between good and great is decided at the finish line. In the corporate world, these differences are dictated by profitability, productivity and market share.
But in coaching, the quantitative measures are far more subjective and illusive. The difference between a traditional coach and a Results Coach is often measured in degrees of perception.

Results coaching fuses the concepts of performance, accountability and achievement by helping the client change their perception of a desired result, thereby facilitating an outcome that is aligned with their expectations. And is your client’s expectations (or perception) of results that will ultimately lead them to pay your high-end coaching fees!
By changing the client's perception of a goal or objective, a Results Coach allows the client to change the perception of their Desired Outcome and turn it into an achievable reality!
★ ★ ★ ★ ★
© Allan N. Mulholland

WANT TO USE THIS ARTICLE IN YOUR EZINE, WEB SITE or CONTENT PROMOTION? You can, as long as you include this complete blurb with it:

About Allan
Allan N. Mulholland is the founder and president of PersonaCoach (Int'l) LLC, which provides training and certification for life & business coaches. He is the author of “Change Your Perception, Change Yourself!” and writes on all aspects of coaching training and development.

To get Allan’s free Book “Clients Don’t Pay for Coaching. They Pay for RESULTS!” go to www.resultscoachmastery.com (Available January 14th, 2016)

CLICK HERE to join our LinkedIn Group.

Treat Yourself to a "Perception Makeover"

Perceptions determine how we see others, how others see us and, most importantly, how we see ourselves! The perception of “Who You Are” is responsible for the situation you’re in TODAY!

This “reality” holds true for everyone on this planet. Perceptions are like DNA or fingerprints! They are uniquely different to each individual! Every one of us will have a different perception about what we see, feel, smell, taste or touch. And when it comes to meeting other people, our perceptions are often a strong contributor to that “sixth sense’ that we experience when we evaluate someone based on non-evidentiary elements. When we meet someone for the first time, do we trust that person “instinctively”? Do we feel in “alignment” with that person? Would we seek that person’s “counsel”?

That all depends on our perception of that person! Perception is Reality and Reality is Perception! At least in the eye of the beholder!

And while someone else’s “reality” may vastly differ from your reality, one thing is for sure! When it comes to coaching, your client’s “perceived reality” is at the core of your ability to coach your client! And if your clients don’t perceive the value of your Unique Coaching Proposition (UCP), you will not have a profitable coaching practice!

So how can you guarantee that your UCP will not only deliver the results your clients are looking for, but also create the value your clients are prepared to pay you high-end coaching fees for?

In order to experience the value and results you are going to deliver as a coach, you must first create a “Perception Makeover”.A “Perception Makeover” is an alignment of the perceptions your client has in three key areas:
  1. The perception of who they are! (Their self-perception)
  2. The perception they desire! (The perception they wish to project onto others)
  3. How to project this perception so that others will perceive them in a way that is aligned to their True Identity!
If you do not perform this initial “Perception Makeover”, your coaching practice will resemble a triage clinic where clients come to seek “band aid” treatments for challenges they face, without ever attempting to find permanent solutions!

Here’s how you structure a “Perception Makeover” for maximum impact that will lead to permanent solutions for your clients! But just a word of advice! I highly recommend that you perform a “Perception Makeover” on yourself, before you start to administer it to your clients. If the personal perceptions you have about you and your coaching practice are not in alignment with your inherent coaching philosophy, the perceptions that you project as a coach will not be able to sustain the perceived value proposition your clients will come to rely on!

In my practice, I divide a “Perception Makeover” into three equal segments that are approximately 30 minutes each!

Part I  - The Perception of "Who You Are"!
The first thing I impress upon my clients is the importance of reducing their reality to a level of perception. I want them to describe and evaluate “Who They Are” in terms of their perception of reality which is objective, because it is real to them!

As they list out any negative perceptions of who they are, I challenge them to substantiate their negative self-perceptions! Are they based on experiences from the past that objective in nature, or are they the result of long-held perceptions that have become part of the client’s current reality.

Albert Einstein was quoted to say “Reality is merely an illusion, albeit a very persistent one.”
Coaches are particularly vulnerable to this perception/reality syndrome, since much of their coaching is delivered in ways that transcends the stark confines of a perceived reality and brings them into the realm of what’s possible. Yet this is the realm where the client will create . . . .

Part II - The Perception You Desire!
In Part II, I reverse the process that was applied in Part I by elevating a desired perception to an actual reality (in the mind of the client)! If the perception of “Who They Are” did not meet their expectations in the past, then the perception they desire will produce the results that have eluded them in the past! Again, I want my clients to describe and evaluate “Who they want to be” in terms of a newly acquired reality that is often in stark contrast to the reality they experienced thus far.

But in this second phase of the “Perception Makeover”™, I crank up the accountability factor for my client! I am not interested in the perception they desire nor am I prepared to coach them toward such a perception . . . . . unless their desire is an ABSOLUTE MUST!
You cannot coach a DREAM!

If you’re currently performing a “Perception Makeover”™ on yourself, this is the time to take a reality check on exactly how you want to take your coaching practice to a new level. Is coaching for RESULTS and charging high-end coaching fees an ABSOLUTE MUST? Or just a whimsical wish or a capricious desire?

Once you determine (for your client . . . . or yourself) that it is an ABSOLUTE MUST, you’re ready for the final phase of the “Perception Makeover”™!

Part III - How to project the "Perception You Desire" onto others, so that they perceive you the way in which you want to be perceived.
In a world where “Perception is Reality and Reality is Perception!”, Part III is the “holy grail” for any coaching outcome! Once your clients are able to project the perception they desire onto those with whom they want to cement a relationship (a new partner, an employer, their family and children, their business enterprise, their church congregation or their community), they will unstoppable!

And once you perform a “Perception Makeover” on yourself and your coaching practice, you will be unstoppable!

Creating a “Perception Makeover” is a powerful and effective way to unleash your own potential and that of your clients! Doing this purposefully, authentically and with integrity will bring you an abundance of high-paying clients!

★ ★ ★ ★ ★
© Allan N. Mulholland

WANT TO USE THIS ARTICLE IN YOUR EZINE, WEB SITE or CONTENT PROMOTION? You can, as long as you include this complete blurb with it:

About Allan
Allan N. Mulholland is the founder and president of PersonaCoach (Int'l) LLC, which provides training and certification for life & business coaches. He is the author of “Change Your Perception, Change Yourself!” and writes on all aspects of coaching training and development.

To get Allan’s free book “Clients Don’t Pay for Coaching. They Pay for RESULTS!” go to www.resultscoachmastery.com

CLICK HERE to join our LinkedIn Group.

Clients Don't Pay for Coaching. They Pay for RESULTS!

If you are a life or business coach, you will have likely asked yourself at some point “What kind of coach do I want to be?” The International Coach Federation (ICF) defines coaching as "partnering with clients in a thought-provoking and creative process that inspires them to maximize their personal and professional potential."

So, based on this definition, let me ask you this:
  • Are you the kind of coach who is “thought-provoking”?
  • Do you coach in a “creative” way?
  • Do you “inspire” your clients?
  • Do you maximize your client’s “personal and professional potential”?
OK, let’s assume for one moment that you answered “YES” to each of these four questions and that you are fully aligned with the ICF definition of a coach! Now let’s build these four elements into an “elevator speech” that you can rattle off whenever someone asks you what you do. Would this be your “elevator speech”?

“I am a thought-provoking and creative coach who inspires clients to maximize their personal and professional potential!”

If this is your “elevator speech”, your coaching practice is probably not a thriving business! You’re not likely to attract a lot of clients with such an introduction! Even if you have all the credentials and certifications that qualify you as a coach, your potential clients are not likely to be impressed by your job description!

The problem with this “elevator speech” is that it’s vague and subjective! Your clients won’t understand what that means! And they still won’t know what you do!

Or more to the point . . . what you can do for them!

Yet almost every day I see coaches describing their services in colorful and metaphorical phrases that may delight the senses, but are devoid of any pragmatism. If you cannot describe your role as a coach in clear and concise terms, or if you cannot articulate the specific benefits you provide for your clients, you will not be able to build a successful and profitable coaching practice!

This article is not about re-defining the role of a coach. This article is about re-purposing the role of a coach! You need to transition from the role of a traditional coach to that of a coach who is results-driven and goal oriented!

But before you can make that transition, here are a few “reality checks” you need to consider!

Reality Check #1
Clients Don’t Pay for Coaching! They Pay for RESULTS!

Such a simple statement, yet so profound!

It is a fundamental principle of any successful coaching practice and an essential element for charging high-end coaching fees! Yet this statement highlights the most misunderstood and controversial aspect of life and business coaching.

The actual formula for creating a successful and profitable coaching business is a simple one. It is essentially no different from any other type of professional service!
  • A clients hires a coach to facilitate a specific outcome.
  • The coach facilitates the outcome.
  • The client is happy!
Every day, people engage service professionals (plumbers, doctors, personal trainers, etc.) with the expectation of achieving a specific desired result. If the desired result is to fix a leaky faucet, a plumber gets paid for installing a new washer. If the desired result is to relieve a headache, a doctor gets paid for prescribing a solution in the form of some pills. If the desired outcome is physical fitness, a personal trainer gets paid for taking the clients through a set of specific exercises.

There is a direct correlation between the clients’ desired outcome and the results they expect from enlisting the services of a qualified professional! Service professionals are paid for the results they deliver!

But what if you hired a plumber to fix your faucet and it starts to leak again? Would you hire him in the future or recommend him to others? What if your headaches keep coming back, even after several doctor visits? Would you start looking for a different doctor or an alternative solution? What if the personal trainer you invested in keeps giving you reasons why there is no visible change in your appearance? Would you consider a different approach to achieving your fitness goals?

Of course you would!

Yet I know of no other profession that puts so much emphasis on client attraction and yet attaches so little importance to delivering measurable results, as in our coaching industry.
There seems to be a complete disconnect between the defined role of a coach and the desired outcome of the client!

There is a huge misconception in the traditional coaching industry that perpetuates the notion that coaches cannot deliver the results that clients want to achieve. True, coaches can only facilitate the achievement of a result! It is up to the client to actually achieve the result. And in the traditional sense, this has always been the focus of coaching. The role of a coach is to support, assist and encourage the client to make the changes necessary to achieve a desired outcome. Whether the client wants to find a new relationship, build a new business, seek out a new career or create the changes necessary to accomplish a new goal, the role of the coach is that of facilitator and not instigator of the outcome!

Unfortunately, the role of the coach is often obscured by the murky value propositions for which coaches charge a fee! While traditional coaching may bring a certain amount of value for the client, the challenge most coaches have is quantifying and justifying these fees relative to their value! Which brings me to . . . .

Reality Check #2
Your clients don’t care about your credentials or degrees!

I personally advocate that coaches should be trained, educated and experienced in their chosen field of coaching. I recognize that anyone who knows a little more about any given subject, could be a coach to someone who knows a little less about that subject! Based on that logic, anyone can be a coach! But I truly doubt that you can effectively monetize your coaching practice by staying two steps ahead of your clients.

To be a successful coach, you need a demonstrable level of expertise! But credentials or degrees by themselves do not demonstrate competence as a coach. You need to be able to deliver results!

It is results that your clients are after! It is results that your clients hired you for as their coach! And it is results that your clients are prepared to pay you high-end coaching fees for!

But what exactly are the types of results that clients are looking for? And how can coaches deliver those results in a purposeful and pragmatic way that does not compromise the traditional role of a coach?

In other words, can a coach deliver the results that a client is prepared to pay significant coaching fees for, without actually creating those results?

The answer to that question is “YES” . . . . and “YES”!

In fact, this can be done in an ethical and authentic way that meets all of the criteria of coaching as defined by the ICF, while at the same time delivering the tangible and measurable results your clients are looking for!

If you want to create a purposeful and pragmatic coaching practice, you need to have a structured approach to coaching. The structure that every successful coaching program evolves around is as follows:
  1. Identify the client’s goal or objective for hiring you as a coach.
  2. Create a road map for achieving this goal or objective.
  3. Facilitate the client’s desired result at the end of the coaching program!
When a student writes an exam, it is up to the student to pass the exam. But it is the teacher who prepares the student for the exam. And by doing so, the teacher must deliver the value proposition he or she was contracted for. That value proposition is not to pass the exam. Only the student can do that! No, the value proposition that the teacher must deliver is empowering the student with the ability to pass the exam!

Or to put it in another way, the student’s expectation is that the teacher can deliver the value proposition that will enable the student to pass the exam.

Therefore, when the student passes the exam, the teacher has made good on the delivery of that value proposition. The teacher has delivered a tangible and measurable result!

Now let’s examine how the concept of a value proposition applies to coaching! Here’s are two examples:

Example #1 – Career Coaching
You are hired to be the Career Coach for John S. John’s desired outcome for hiring you as a coach is to land a job as a firefighter. John has all the credentials and qualifications necessary for the job and you are hired to help John through the process. Your value proposition allows you to coach John on how to create a great resume, be fully prepared for the job interview, and optimize John’s deportment and communication skills. With your Unique Coaching Proposition (UCP), you are able to manoeuvre John through the maze of hiring requirements, give a stellar performance during the job interview and satisfy the HR department that John is the right candidate for the position.

When John is hired as a firefighter, you will be credited with having delivered on your Unique Coaching Proposition (UCP)! John can attest to your ability to deliver a tangible and measurable result. The successful achievement of John’s desired outcome.

Example #2 – Relationship Coaching
You are a Relationships Coach working with Jane D. to help Jane deal with some serious issues that are affecting her marriage. It is Jane’s desired outcome to rekindle the romance between her and her husband. Your Unique Coaching Proposition (UCP) is your ability to re-align the perception Jane has about the idyllic notion of a fairy-tale romance with the reality of the daily challenges that have an impact on the relationship.

By helping Jane create a new perception about the quality of her marriage, you can fully implement your Unique Coaching Proposition (UCP) and allow Jane to strengthen her relationship with her husband, rather than allowing it to disintegrate. You will have accomplished Jane’s objective of salvaging the marriage and you can be credited with facilitating Jane’s desired outcome!

Reality Check #3
A perceived result is often more valuable than an actual result!

In the above examples, the clients have achieved their desired result. John became a firefighter and Jane rescued her marriage. But with your Unique Coaching Proposition (UCP), you were able to deliver the perceived result for which you were hired, which can now be measured, quantified and ultimately expressed in terms of a coaching fee! By creating the perception of an achievement, a coach can legitimately determine an actual coaching value (in the form of coaching fees) based on the perceived value of the client’s desired outcome.

The perception of the results that you deliver as a coach will be perceived as reality in the client’s mind. And without compromising the integrity of the ICF definition of coaching, you can now re-purpose your role as a coach and become a goal-oriented and results-driven life or business coach by being able to deliver the perception of a result!

If, at the end of your coaching program, you can create the perception of success for your client, so that the client perceives this as the achievement of their desired outcome . . . . you will have succeeded in delivering the results your client hired you for as a coach.
Once the perception of an achievement turns into the reality of your client’s Desired Outcome, you are deserving of your high-end coaching fees!

And receiving the fees you deserve is your ultimate reality check!

★ ★ ★ ★ ★
© Allan N. Mulholland

WANT TO USE THIS ARTICLE IN YOUR EZINE, WEB SITE or CONTENT PROMOTION? You can, as long as you include this complete blurb with it:

About Allan
Allan N. Mulholland is the founder and president of PersonaCoach (Int'l) LLC, which provides training and certification for life & business coaches. He is the author of “Change Your Perception, Change Yourself!” and writes on all aspects of coaching training and development.

To get Allan’s free book “Clients Don’t Pay for Coaching. They Pay for RESULTS!” go to www.resultscoachmastery.com

CLICK HERE to join our LinkedIn Group.

Catch 22 Of Coaching

A “Catch 22” is a paradoxical predicament based on a set of contradictory rules. It is the predicament many coaches find themselves in when trying to apply the fundamental of traditional coaching as taught by coaching trainers and institutes.

When trying to square these self-imposed rules and restrictions with the very specific demands of today’s sophisticated clients, coaches often find themselves at odds with the purpose for which a client might hire them!

Simply stated, the conundrum of coaching is in the outcome. Should the outcome be generated by the coach or the client? Should the coach play an active or passive role in the achievement of an outcome?

If the coach’s role is an active one, will this compromise the integrity of the outcome? If the coach’s role is passive, to what extend is the outcome attributable to the coach?

Should the value of coaching be measured in subjective terms, such as ‘listening, empathizing, asking questions, inspiring and motivating’? Or is the value of coaching objective, quantifiable and measurable in real terms such as the achievement of a goal or milestone?

Before we take a closer look at the role the coach plays in this process, it is important to understand that all coaching leads to an outcome of some kind. But the value of the outcome is based on the client’s perception of that outcome and that perception ultimately determines your ability to charge high-end coaching fees.

Did the client achieve their Desired Outcome as a result of your coaching? (Highest Value = Highest Fees)

Did the client achieve clarity or some type of transformation toward a Desired Outcome as a result of your coaching? (Moderate Value = Moderate Fees)

Or did the client receive some basic coaching insights, but no clear and tangible direction toward a Desired Outcome? (Low Value = Low Fees)

Regardless of your coaching background or philosophy, the determination of your coaching fees is intrinsically linked to these three scenarios on creating an outcome for the client.
The more you limit or restrict your involvement in the process of achieving a Desired Outcome for your client, the more you will limit or restrict your ability to charge high-end coaching fees!

If you don’t have enough high paying clients to support your lifestyle, your coaching strategies are in conflict with the needs and demands of your clients!

If that is the case, it is time to create a new “Restore Point” for your coaching practice and abandon the obsolete coaching strategies and techniques that are not producing the results for your clients . . . . . and you!

★ ★ ★ ★ ★

WANT TO USE THIS ARTICLE IN YOUR EZINE, WEB SITE or CONTENT PROMOTION? You can, as long as you include this complete blurb with it:

About Allan
Allan N. Mulholland is the founder and president of PersonaCoach (Int'l) LLC, which provides training and certification for life & business coaches. He is the author of “Change Your Perception, Change Yourself!” and writes on all aspects of coaching training and development.

To get Allan’s free book “Clients Don’t Pay for Coaching. They Pay for RESULTS!” go to www.resultscoachmastery.com

CLICK HERE to join our LinkedIn Group.

Your "Persona" Is What People See. Your "Personality" Is How People Experience You.

NOTE FROM AUTHOR: One of my recent articles on "Persona vs Personality" created a lot of interest and raised many interesting questions. For additional clarification and to stimulate more dialogue, I decided to post this addendum to the previous article.

Your "Persona" is your EXTERNAL IDENTITY. It is how others will characterize and identify you, based on their perception of "who you are". But your "Persona" is a mask and you can change that mask at will! For example, you can change your "Persona" to be more dominant in situations where leadership is required, such as in your career or business. Or you can adapt a "Persona" that is more aligned with your spouse or children. In fact, you will create or adapt a "Persona" for all types of different situations and you will do so without consciously thinking about it UNLESS you you want to harness the power of a "Persona" in order to achieve a specific objective. By using the right techniques, you can create such a "Persona" and internalize it so it becomes a part of you. Successful leaders do this all the time!

The bottom line is that we all have "Personae" that we hide behind and these "Personae" become our PERCEIVED IDENTITY in the eyes of those with whom we come into contact! Our "Personae" are usually created with the best of intentions, for we all want to be seen in the best possible light. They are intended to create the best "perception" about who we are in any given circumstance! As a business leader, a politician, a parent, a romantic partner, a person of faith or a coach!

But no matter how well we intend to have our "Persona" represent "who we are", it will always be a PERCEIVED IDENTITY. And because our "Persona" is created in the image we wish to be portrayed (consciously or subconsciously), it becomes an IDENTITY OF OUR EGO. There is nothing wrong with that. A healthy ego is an integral part of "who we are" and "why we are"! But it's NOT OUR TRUE IDENTITY!

Our TRUE IDENTITY is a "Spiritual Identity". It is an identity that others may experience when they meet us, but cannot see. It is the identity that we were born with. It is inherent in all of us. And it manifests itself through our "PERSONALITY" which is the aggregate of all our inherent characteristics and talents. Our "PERSONALITY" is the moral compass that guides our "Persona" as it becomes our representative to the outside world. It preserve the integrity of our "Persona". And it adds a dimension to our "Persona" that makes it uniquely ours.

Occasionally, our “persona” is in conflict with our “personality”. When this happens, we will experience stress and anxiety. IF our "PERSONA" is not aligned with our "PERSONALITY" (or our TRUE IDENTITY), the "Persona" we created will be in conflict with the "Personality" we inherited. When this happens, we experience anxiety and stress, for our "Persona" no longer represents the way in which we want to be perceived. For example, if we "pretend" to be someone other than who we inherently are (based on our personality) and if we create a FALSE IDENTITY based on a "Persona" that tries to create the perception that we are someone else, our "Personality" will not be able to support or sustain such a façade. This often happens when we try to create a "Persona" for a job we want, a relationship we seek or a goal we want to achieve. If these objectives are not congruent with our inherent personality traits, we are destined to fail in these endeavors!


★ ★ ★ ★ ★

WANT TO USE THIS ARTICLE IN YOUR EZINE, WEB SITE or CONTENT PROMOTION? You can, as long as you include this complete blurb with it:

About Allan
Allan N. Mulholland is the founder and president of PersonaCoach (Int'l) LLC, which provides training and certification for life & business coaches. He is the author of “Change Your Perception, Change Yourself!” and writes on all aspects of coaching training and development.

To get Allan’s free book “Clients Don’t Pay for Coaching. They Pay for RESULTS!” go to www.resultscoachmastery.com

CLICK HERE to join our LinkedIn Group