The Importance of Professional Insurance for Coaches

In this episode, hosts Angie and John discuss the various aspects and importance of having professional insurance for individuals working as coaches.

Both hosts share their journeys and perspectives on insurance, highlighting why Angie chose to invest in it and why John did at one point but eventually saw it as less relevant for his coaching style.

They explore the contingencies that insurance protects against, emphasizing incidental lawsuits, the unforeseen outcomes of coaching sessions, and the broader implications of not having insurance, such as potential personal financial risks from litigations.

Additionally, they touch on the aspect of income protection insurance for self-employed coaches.

The dialogue concludes with an encouragement for listeners to research and make an informed decision regarding professional insurance for peace of mind and legal protection.

00:00 Opening Banter: The Insurance Inquiry Begins

00:17 The Importance of Professional Insurance for Coaches

01:31 Personal Experiences with Insurance: Angie's Perspective

02:12 John's Journey: From NLP Coaching to Questioning Insurance Needs

05:56 The Shift in Coaching Style and Insurance Needs

09:48 Exploring the Legal Side of Coaching and Insurance

19:22 The Unexpected Litigation Stories and Final Thoughts

22:36 Closing Remarks and Encouragement to Research Insurance Options

Mastering Follow-Up in Your Coaching Business

In this episode, John & Angie discuss the importance of follow-up in business, particularly within the coaching industry. They address common pitfalls such as poor or lack of follow-up, which many coaches suffer from due to fears and doubts, including imposter syndrome and the discomfort of sales conversations.

Explore the root causes of these challenges, such as overthinking and fear of rejection, and how these fears can hinder business growth. Our hosts share their own struggles with follow-up and sales, emphasizing the shift in mindset required to overcome these issues. They suggest viewing sales not as a dreaded task but as providing opportunities and solutions to clients.

John and Angie delve into practical solutions like adopting a business identity, utilizing Customer Relationship Management (CRM) tools for effective follow-up strategies, and the significance of consistent client outreach programs. They stress the importance of aligning one's identity with being a business owner, setting clear business goals, and the pivotal role of self-discipline in ensuring success.

Both hosts advocate for understanding one's worth and charging accordingly, treating the coaching practice as a legitimate business rather than a hobby. The conversation concludes with a call to action for coaches to implement systems and processes for follow-up, ensuring they don't miss out on potential business opportunities due to inadequate client communication.

00:00 Opening Banter: The Fortune's Location

01:06 The Importance of Follow-Up in Business

02:04 Overcoming Imposter Syndrome and Fear of Sales

05:36 The Journey to Charging What You're Worth

07:09 Embracing a Business Mindset and Identity Shift

17:33 The Power of CRM Systems for Effective Follow-Up

21:42 Choosing the Right CRM and Making It Work for You

25:34 Conclusion: The Game Changer for Coaches

Navigating Client Fit in Coaching

This episode features a candid conversation between John and Angie on the challenges and realities of determining client fit in the coaching industry. They both emphasize the importance of a discovery call to assess compatibility, trust, and client coachability.

They discuss the early days of coaching, where the temptation is to accept every client, but they highlight the lessons learned from not vetting clients thoroughly.

The conversation covers the dynamics of the coach-client relationship, including managing expectations, dealing with uncoachable clients, and the importance of mutual respect and honesty.

Both stress the need for coaches to be clear about expectations and open to feedback for a successful coaching endeavour. They conclude by advocating for regular check-ins with clients to ensure satisfaction and progress, underscoring the evolution of a coach's approach over time.

00:00 Opening Banter: The Right Fit for Coaching

00:20 The Journey of a New Coach: Learning to Say No

04:10 The Importance of Coach-Client Compatibility

05:24 Criteria for Determining a Good Fit

10:06 Navigating Difficult Coaching Relationships

15:43 Setting Expectations and Being a Resource

23:35 The Art of Authentic Feedback and Continuous Improvement