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David Wood PCC
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How are 10 ordinary coaches earning $30,000 to $1.4 million per year?



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Executive Coaching

The new most popular career path in America is life, business and executive coaching there. There is a big appetite for coaching especially in the executive form. With more people using executive coaching and coaching in general to get their goals, it is becoming ever more important to have competent development, leadership and mentoring programs for executive and life coaching.

Coaching and in particular executive coaching  is the top career choice today. So for you coaches out there, here are a few ways to improve your executive coaching business. If you are like the average executive coach, you are getting only one client every 2-3.

Executive and Life Coaching is a tough field. Less than 8% of all executive coaches last more than 6 months coaching. If an executive coaching expert does survive longer than 6 months, it is likely that executive coach will make more $20K per year. The secret to executive coaching is in seeing why other executive coaches are failing.  
Here are some executive coaching key points.

  1. Figure out how many coaching clients you will need to make $100,000 per year.
  2. Know  what marketing activities are needed to improve your executive coaching business.
  3. Know what each marketing activity will do for your coaching business.

These are some marketing activities used by executive coaches along with typical expectations:

  • Seminars. Many in the executive coaching world advocate seminars. Generally for every 500 postcards you will receive 30  calls or signups and 10-15 people attending. Which could translate into 2-4 new executive or life coaching clients.
  • Writing articles for magazines, newspapers, or e-zines. Every person who finds your article will have been looking for it and they may be looking for some form of coaching or maybe even an executive coach.
  • Speeches. Speeches to large groups or organizations can be very effective. You will receive 1 executive coaching client for every 40 people.

The secret to making all of these executive coaching marketing strategies work is found in making everything about the clients pain, wants, goals, needs, or problem and not about your product or service.

If you want to find out more information on executive and life coaching marketing strategies click here:http://ezinearticles.com/?cat=Self-Improvement:Coaching

 

Executive Coaching


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