Cliff’s Notes on Profitable Coaching

By: Cliff Ravenscraft
  • Summary

  • In this podcast I share what I have learned about building a profitable coaching business. If you have a desire to bring about massive transformation in the lives of those you serve and get paid extremely well to do it, this is the podcast for you. Be sure to check out my main podcast, The Cliff Ravenscraft Show, in your favorite podcast directory.
    © 2024 CliffRavenscraft.com
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Episodes
  • 044 - The Mark Mason Sessions - Session 07
    Jul 25 2024

    This is session 07 of The Mark Mason Sessions.

    Email Mark at Mark@Masonworld.com and Cliff at Cliff@CliffRavenscraft.com.

    NEXT LEVEL COACHING PROGRAM

    If you found today's conversation insightful and are looking to take your coaching business to the next level, I have an offering I think could really help you.

    I facilitate a weekly group coaching program called the Next Level Coaching Program. For 90 minutes each week, I share proven frameworks and strategies to help coaches attract ideal clients and create transformation in the lives of their clients.

    One of my clients who has built and sold eight-figure businesses says he gets tremendous value from each session.

    If you'd like to experience this for yourself, all you need to do is email me at cliff@cliffravenscraft.com and mention this podcast episode. I'll invite you to join two sessions for free, with no strings attached.

    Take me up on this opportunity to learn from my 30 years of sales, coaching and business experience. I'd love to share what I know to help you build a highly profitable coaching practice. I look forward to possibly welcoming you as my guest.

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    1 hr and 21 mins
  • 043 - The Mark Mason Sessions - Session 06
    Jun 20 2024

    This is session 06 of The Mark Mason Sessions.

    In this month's conversation, Mark came away with the following insights:

    • Mark recognized his pattern of committing to more tasks than he can realistically complete each day up to this point, leading to unmet expectations and frustration. Journaling has helped uncover this pattern.
    • Mark gains additional emotional intelligence by asking himself what unrealized value may be causing a particular emotion when he feels a way he don't want to. I shared a question that I like to use: "What would I have to believe to feel this way?"
    • Mark's future outlook is rated as an 8 out of 10. The gap between 8 and 10 is due to a lack of confidence, stemming from his past track record and concerns about achieving your goals by the desired date. However, he understands that past experiences do not control his future. He could adjust his goal's timeline to bridge the gap to ten, but a more aggressive timeline motivates him. Therefore, he is content with an 8 out of 10 rating in this area.
    • Mark is excited about building a side hustle that provides margin for enjoyable activities without pressure or responsibility.
    • Focusing solely on one or two coaching clients in Mark's area of expertise by the end of the year will help him achieve this with a high level of confidence.
    • Budgeting and financial planning is important for Mark's values of financial security and stress reduction, though it requires difficult choices he's been avoiding.
    • Breaking large projects like financial planning into achievable blocks of time will help you make progress on priorities he's been putting off.
    • Transformational Language: The language you use influences your reality. Therefore, affirming your ability to change is essential, rather than dwelling on past patterns as a declaration of your identity.

    NEXT LEVEL COACHING PROGRAM

    If you found today's conversation insightful and are looking to take your coaching business to the next level, I have an offering I think could really help you.

    I facilitate a weekly group coaching program called the Next Level Coaching Program. For 90 minutes each week, I share proven frameworks and strategies to help coaches attract ideal clients and create transformation in the lives of their clients.

    One of my clients who has built and sold eight-figure businesses says he gets tremendous value from each session.

    If you'd like to experience this for yourself, all you need to do is email me at cliff@cliffravenscraft.com and mention this podcast episode. I'll invite you to join two sessions for free, with no strings attached.

    Take me up on this opportunity to learn from my 30 years of sales, coaching and business experience. I'd love to share what I know to help you build a highly profitable coaching practice. I look forward to possibly welcoming you as my guest.

    Show more Show less
    1 hr and 22 mins
  • 042 - Let’s Put An End To The Myth of The Overnight Success
    Jun 8 2024

    I’ve been observing an alarming trend. Many people are prematurely quitting their day jobs, having fallen for the myth of overnight success. In this episode, I will discuss the myth of overnight success and its negative impact on the wellbeing of those who believe in it. I will introduce three questions to consider before quitting your day job and four essential business foundations to establish beforehand. Additionally, I will provide three suggestions for those who may have prematurely left their day jobs.

    Next Level Mastermind

    As a self-employed business owner, applying for the Next Level Mastermind could be the transformative decision that propels your business and personal growth to unprecedented heights. This mastermind group is designed specifically for driven entrepreneurs like you who seek not only to excel in their business ventures but also to live a life marked by fulfillment, peace, and continuous learning.

    By joining, you will connect with like-minded professionals in a supportive, collaborative environment that challenges you to surpass your current boundaries. Whether it's overcoming obstacles, strategizing for growth, or simply finding your path to personal satisfaction, the Next Level Mastermind provides the community, resources, and expert guidance necessary to make each step forward impactful.

    Don't miss this chance to elevate your business and yourself. Apply today at NextLevelMastermind.info.

    Outline for this episode

    Central Theme(s)

    • Let’s put an end to the Myth of The Overnight Success.
    • Let’s stop the trend of people quitting their day jobs prematurely.

    Three Questions To Ask Before You Quit Day Job

    1. Do I have a track record of meeting the needs of a community of people?
    2. Are people telling other people about the important work that I am doing in the world?
    3. Are people coming to me and asking me for help with an offer to pay for that help?

    Four Key Foundations For A Thriving Business

    1. Financial Stability
      • A Proven and sustainable business model.

        (Validated Products/Services)

      • Significant Savings (Min 9-12 months runway)

    2. Revenue Consistency
      • A regular and sufficient income from the business.
      • An understanding of the true timeline for building a profitable business.
    3. Mindset Development
      • An ability to manage emotions, unmet expectations and significant risk.
    4. Skill Development
      • A commitment to developing necessary entrepreneurial skills.

        (Time Management, Pricing, Sales, Marketing, Software, etc.)

    Three Recommendations For Those Who Have Quit The Day Job Prematurely

    1. Review The Financial Health of the Business
      • Evaluate current financial situation. Discover and document any potential financial gaps.
      • Identify alternative income sources if necessary.
    2. Strengthen Business Foundations
      • Focus on building a consistent client base.
      • Refine products/services to meet market demand.
        • Your Product/Service should MEET DEMAND, not try to create it.
    3. Mindset and Continued Learning
      • Invest in your growth in the area of mindset and emotional state management.
      • Consistently expand your professional skill development. (Especially in the areas of sales and marketing)

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    1 hr and 8 mins

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