EP 127: Why Most Online Coaches Fail and What to Do Instead

Coaches hold the power to transform the world, bringing about positive change and making it a better place for all. However, the sad reality is that the majority of coaches struggle to succeed, often failing within their first year. In this episode, Nicole delves into the reasons behind the high failure rate among online coaches and offers alternative approaches for aspiring coaches.

While the allure of online coaching lies in the potential for financial gains, many fail to comprehend the amount of effort required to build a thriving online business. Success in coaching demands dedication, financial investment, consistency, and time. So listen in as Nicole breaks down the common pitfalls that many coaches encounter when venturing into the world of coaching, as well as the significance of cultivating an online community, forging genuine connections with clients and prospects, and more.

What You’ll Learn In Today’s Episode:

  • How coaches can positively impact the world. (1:00)
  • The importance of understanding the work that goes into building an online business. (2:30)
  • How to define your mission as a coach. (6:15)
  • The importance of building an online community. (8:00)
  • Why you must have a growth and continuous learning mindset. (10:20)

Ideas Worth Sharing:

  • “Regardless of what you help people with, you are helping them get to somewhere more positive.” – Nicole Spencer
  • “Risk and reward always go hand in hand.” – Nicole Spencer
  • “Genuine connections with clients and prospective clients is absolutely key.” – Nicole Spencer

Resources In Today’s Episode:

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