The goal of, executive coaching, is the goal of good management: making the most of an organization’s human resources.” – Harvard Business Review Organizations that embrace the culture that their employees and leaders are their most valuable resources, invest in the development of these resources.
There are four commonly used tools for improving human performance:
Coaching,
Consulting,
Training, and
Therapy; and there are important differences between them.
Just as it is important to know when to hire a consultant; it is equally important to know the when and why for using a, Life coach.
Why hire a Life coach?
You would like to improve Personal transformation
To develop the future leaders in your organization
Lead change to create high performing, results driven organizations
Help managers learn how to be coaches to their employees
When to Hire a Executive Coach for Executive Coaching
You want to fine-tuning your vision for your business;
You want to empower and motivate your staff;
You want to improve the communication and listening skills of your managers and help them become more confident
You want your leaders and managers to gain competence in the soft skills domain.
Benefits of Executive Coaching
Executives identified fifteen significant benefits of, executive coaching, as a leadership development tool. They are:
Continuous one-on-one attention that facilitates growth
Expanded thinking through dialogue and powerful questioning from a coach.
Self-awareness – including bringing light to blind spots.
Personal accountability for development – A coach can hold you accountable for work you promised to do between sessions.
Just-in-time learning.
Sustained interpersonal skills development.
Consistent, long-term development that gets embedded and becomes part of your routine.
Identify executive strengths and development needs
Leverage existing strengths and improve performance
Create an Executive Strategy with an Action Plan and accountability to help executives stay on track
Adopt and/or reinforce executive leadership competencies crucial to the organization’s culture.
Positive and sustainable behavior changes
Develop leadership skills and practices; learn coaching skills they can implement.
Enhanced career planning and development with an action-oriented plan
Create greater work/life balance.
The Executive Coaching Process
Executives claimed expanded thinking through dialogue and powerful questioning from a coach. Dialogue, fueled through powerful questions, is at the heart of the, executive coaching, process. In coaching conversations, executives, think out loud, become more reflective and gain access to their own tacit knowledge and unexplored ideas.The coach’s role is to act as a sounding board, confidant, partner, challenger and catalyst for change.
Self-awareness, including the blind spots – Case Study
Jack has excellent technical skills and has fast-tracked to a senior executive position. He was certain he was a good leader — that is, until his coach asked him questions about his team’s excitement and engagement levels. It became clear to the coach that Jack’s team was frustrated.
Jack was furious and “insulted” and he vowed never to work with his coach again. Subsequently, Jack pondered his strong reaction. He realized his coach had hit a nerve. “That’s why I reacted like that, because it was true,” he says.
Jack is still working with his coach and continues to learn and develop. He appreciates his coach’s role in helping him gain self-awareness, which means understanding his strengths as well as his blind spots. “I don’t have these kinds of discussions with anybody else,” he says. “I am on such a straight path that I can’t see what’s going on.
That’s where, executive coaching, really helps me.” Jack now expects his coach to hit a nerve from time to time. He sums it up this way: “The value to me is not for a coach to be really nice to me. I don’t need another friend. The value to me is having somebody to help me see what I can’t see.”
Executive Coaching, acts as a mirror for Jack, providing him with honest feedback and revealing gaps so he can see himself more clearly, as well as help him to identify goals and promoting sustained action.
Personal Accountability for development
Some, executives, use sports metaphors to describe, executive coaching. Anne, a high Achiever, thinks of, executive coaching, as a springboard for reaching her personal best at work. “Olympic medalists have coaches,” she says.
“I want to be an Olympic medalist in, business.” Anne regards her coach as her “personal trainer.” The common denominator in, executive coaching, and personal training is accountability. You can learn proper techniques in a few training sessions at the gym, but it is easy to lose your way, by cutting corners, using improper techniques or missing workouts.
Ongoing personal training creates momentum and accountability for development. The same is true for, executive coaching. As Anne says, “Coaching provides an objective outside person to help you do assessments, set developmental plans and hold you accountable.”
Anne has invested heavily in her career, through education and hard work. She views coaching as another form of investment. She and her coach established developmental targets on day one. Now they have weekly meetings, either in person or on the telephone, to discuss her progress toward her targets and identify obstacles that are impeding her progress.
Through, executive coaching, Anne holds herself accountable for her continued success. Her bottom line: “Coaching gets me from where I am today to where I want to be”
The professional coaching model starts with a personalized plan.
Life coaching is Just-in-time learning
Executive coaching, facilitates what is called “just-in-time learning,” which is all about learning on the spot. Clients can practice and role play. Jack told his coach that he wanted to “take a stand” in his next meeting, and that he wanted to come across as confident, self-assured and assertive.
Coaching provided Jack with a dress rehearsal. He used the session to develop a strategy for the meeting. He knew that thinking on his feet in front of a group of people was not one of his strengths, so he and his coach brainstormed potential questions. Jack prepared his answers and did some role playing. The next day Jack was outstanding. He called it “a powerful experience.” The coaching session had facilitated just-in-time learning.
How Executive Coaching Helps the Organization:
Reduce turnover and retain top performing staff
Enhanced individual and organizational performance
Improved organizational strength
Perception of management as being committed to employees and their growth and success
Improved employee morale, more committed employees, thus greater productivity
Retention of high potential talent and talent magnet
Better client relationships
Positive work environment, thus greater productivity
Executives, learn coaching techniques which they can implement with their teams for improved relationships and productivity, as well as enhanced employee development.
Enhanced organizational performance
Positively affect organizational culture
Succession planning and development of key, executives
Reputation of investing in executives through development
Enhanced reputation within industry
Ability to recruit key talent
Positioned for continued growth and success
“Executive Coaching, is unlocking a person’s potential to maximize their own performance.”
“It is helping them to learn rather than teaching them. Clients say coaching brings out their best by helping them focus, break down tasks and clarify their values.” – Fortune Magazine
How to become an entrepreneur. So, you are now an, entrepreneur, and working for yourself! You are the Boss, the President and CEO! What do you do next?
Entrepreneurship – What makes one throw in the employment towel? Why do, Entrepreneurs, give up the guaranteed paycheck every two weeks? Work 14 hour days, and sometimes not even pay themselves. Why? I think it is because we are passionate about what we do. When you are passionate about what you do, you would it for free!
“Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.” –Steve Jobs, Co-Founder, Chairman and CEO, Apple was one of the best, entrepreneur leaders.
The first step in learning, how to become an entrepreneur, is the decision to be made is figuring out what Business structure works best for you.
How to become an entrepreneur: Setting up your company structure
Is Incorporation or Sole Proprietorship the right structure? Are you “Minding your own business”? This is a term made popular by Robert Kawasaki in the book “Rich Dad, Poor Dad” and refers to the concept having regular employment while operating your own business on the side.
Robert suggests that you have this dual employment status until your business on the side generates revenues equals your current pay check. This relieves the stress of supporting yourself and your family with revenues from a new business. Your Accountant can recommend the best structure for your company or you can refer to my self help start up guide “Minding your own business”
As a new, entrepreneur, you need to know your federal Tax responsibilities. In addition to knowing about federal taxes, you need to make some basic business decisions.
What is the Form or Structure of your new Business?
The most common forms of business are the sole proprietors, Corporations, Partnerships, LLC, and S Corporations. When beginning a business, you must decide which form of business to use. Legal and tax considerations enter into this decision.
Sole Proprietorship: A sole proprietorship is an unincorporated business that is owned by one individual. It is the simplest form of business organization to start and maintain. The business has no existence apart from you, the owner. Its liabilities are your personal liabilities. You undertake the risks of the business for all assets owned, whether or not used in the business. You include the income and expenses of the business on your personal tax return.
Corporations: In forming a corporation, prospective shareholders exchange money, property, or both, for the corporation’s capital stock. A corporation generally takes the same deductions as a sole proprietorship to figure its taxable income. A corporation can also take special deductions. For federal income tax purposes, a C corporation is recognized as a separate taxpaying entity. A corporation conducts business, realizes net income or loss, pays taxes and distributes profits to shareholders. The profit of a corporation is taxed to the corporation when earned.
Limited liability Company: A limited liability company (LLC) is an entity formed under state law by filing articles of organization as an LLC. The members of an LLC are not personally liable for its debts. An LLC may be classified for federal income tax purposes as either a partnership, a corporation, or an entity disregarded as an entity separate from its owner by applying the rules in regulations.
S corporations: An eligible domestic corporation can avoid double taxation (once to the corporation and again to the shareholders) by electing to be treated as an S corporation. Generally, an S corporation is exempt from federal income tax other than tax on certain capital gains and passive income. On their tax returns, the S corporation’s shareholders include their share of the corporation’s separately stated items of income, deduction, loss, and credit, and their share of non separately stated income or loss.
Employer Identification Number (EIN) is used to identify the tax accounts of employers, certain sole proprietors, corporations, partnerships, estates, trusts, and other entities.
How to become an Entrepreneur: Specialized knowledge
Who are your customers?
How do you market to this select base?
What are my skills? What skills do I need to complete my team?
What is my vision? What is my plan to get there?
Who are your customers?
With the current state of the economy, having a well-defined target market is more important than ever. No one can afford to target everyone. Small businesses, can effectively compete with large companies by targeting a niche market. Many businesses say they target “anyone interested in my services.”
Some may say they target small business owners, homeowners, or stay-at-home moms. All of these targets are too general. Targeting a specific market does not mean that you have to exclude people that do not fit your criteria from buying from you. Rather, target marketing allows you to focus your marketing dollars and brand message on a specific market that is more likely to buy from you than other markets.
This is a much more affordable, efficient, and effective way to reach potential clients and generate business. For example, if you are a Florist, your customers could be anyone with a birthday or anniversary but you could decide to target the wedding market and put your marketing dollars towards that Target market. With a clearly defined target audience, it is much easier to determine where and how to market your company.
How to be an entrepreneur: Define your target market:
Look at Your Current Customer Base
Who are your current customers, and why do they buy from you? Look for common characteristics and interests. Which ones bring in the most business? It is very likely that other people like them could also benefit from your product/service.
Check Out Your Competition
Who are your competitors targeting? Who are their current customers? Understand why they are targeting this demographic and then try to become innovative and offer something different. You may also find a niche market that they are overlooking.
Choose Specific Demographics to Target
Figure out not only who has a need for your product or service, but also who is most likely to buy it. Think about the following factors:
Age
Location
Gender
Income level
Education level
Marital or family status
Occupation
Ethnic background
Consider the Psychographics of Your Target Customer
Psychographics are personal characteristics of a person including:
Personality
Attitudes
Values
Interests/hobbies
Lifestyles
Behavior
Determine how your product or service will fit into your target’s lifestyle.
How and when will they use your product or service?
What features are most appealing to them?
What media do they turn to for information?
Do they read the trade journals, search online, or attend particular events to choose suppliers?
How to be an entrepreneur: Understand How Your Customers Think.
Will my target really benefit from my product/service?
Will they see a need for it?
Do I understand what drives my target audience to make decisions?
Can they afford my product/service?
Can I reach them with my message?
Are they easily accessible?
You may be asking, “How do I find out all this information?”
Try searching online for research others have done on your target.
Search for magazine articles and blogs that talk about your target market.
Search for blogs and forums where people in your target market communicate their opinions.
Look for survey results, or consider conducting a survey of your own.
Develop your entrepreneur mindset: What are your skills?
In the early days of, entrepreneurship, it’s natural to try to do as much as possible yourself. It’s the most cost-effective, comfortable, sensible way to do things in the beginning. But as your enterprise grows, you’ll find yourself stretched thinner and thinner.
Eventually, you’ll find you just can’t continue to oversee operations and sales and accounting and fulfillment and marketing–and hope to continue to grow your business. When you reach this point, it’s time to think about bringing other high-level managers or team members on board to help you out.
You need to build a senior team that’s able to manage all the critical areas of your business to take it to the next level. Building your team demands matching jobs to people’s strengths. That means giving people responsibilities according to skill level, not based on how close a friend they are, or how closely related they are to you, or whether you just like their sunny personality.
Become Conscious of your strengths and the areas you lack the necessary skills. Eg. Are you creative? Can you design your marketing or branding materials? Are you skilled in sales? If not you need a sales team. When it comes time to hiring an executive team, you’ll need to find people to fill the following roles:
Chief Executive Officer (CEO). The fact of the matter is, the CEO is the boss of everyone and is responsible for everything. They determine the company’s strategy. They hire and build the senior team. They make the final call on how resources get divvied up, and they’re the one whose face appears on the press releases!. The CEO’s skills must include strategic thinking, the ability to rise above the daily details and decide where the industry and business are headed. They must then be able to decide the company’s best route for navigating the future market conditions. They have to be able to make good bets.
Some of the best are Steve Job; Apple; Bill Gates, Microsoft; Jack Welsh, GE.
How to be an entrepreneur: Your management team
The CEO’s key skill, however, is in hiring and firing. The right management team can cover a CEO’s shortcomings. A CEO may be able to set strategy, predict the future and control the budget, but if they don’t hire the right team, they have to master it all themselves.
Chief Operating Officer (COO). A COO handles a company’s complex operational details. Think about UPS moving three billion packages in the two weeks before Christmas: or think of a Florist delivering hundreds of flowers on Valentine day. The day after is too late! The company’s COO insures the business can deliver day after day. He figures out just what needs to be measured so he can tell if things are going well. Then his team creates the systems to track the measurements and takes action when the company isn’t delivering. As an, Entrepreneur, you are probably the President, CEO and COO. If you just take orders and do no planning and measuring then you will remain an Entrepreneur.
Your vision should be to grow up and become an Enterprise!
President. A president oversees staff functions–human resources, finance and strategy–while the COO oversees daily operations. the president can also be a synonym for COO, especially in smaller companies.
Chief Financial Officer (CFO). Plain and simple, your CFO handles the money. They create budgets and financing strategies. They figure out if it’s better for your business to lease or buy. Then they build the control systems that monitor your company’s financial health. The CFO is the “bad guy” who won’t let you buy that really cool videoconferencing equipment and makes you pay down a commercial loan instead. While you mope about it in your office, the CFO will be busy figuring out which customers, business lines and products are profitable, so next year you can afford the really cool videoconferencing equipment.
Your marketing team
Chief Marketing Officer (CMO). Recently, companies have been bringing in a marketing expert at the C-level rather than as just a vice president. The reason is simple: Many current business battles are battles of marketing, so corporate strategy often hinges on a marketing strategy. The CMO owns the marketing strategy–and that often includes the sales strategy–and oversees its implementation. The CMO will know (or learn) your industry inside out and helps you position your product, differentiate it from your competitors’ products, enlist distributors, and make sure customers learn to crave your product. Think of Apple and the new IPhone 6!
All business Live or Die with marketing. I heard a story once about a new magazine start-up Company that hired a sales person to go door to door and sell subscriptions to the magazine as their marketing plan. The magazine was a very good magazine but the business failed because the sales person (their only form of marketing) did not sell a single subscription in 6 months! I am marketing to you the reader of this Blog right now! Marketing can take many forms; but it is the blood of a business. Without it, your business dies.
Chief Technology Officer (CTO). A CTO should keep up with technology trends, integrate those trends into the company’s strategy, and make sure the company keeps current when it’s necessary. You need a CTO if technology impacts your business or industry strategically.
The benefits of entrepreneurship
Entrepreneurship, is about going for the things that are much bigger than what you could do alone. Your job isn’t to reach the goal; it’s to build a team that will reach the goal. If you really want to reach your goals, you’ll need to bring on others to help, and creating a good executive team means knowing what you need them to do, finding good candidates, and giving them what they need to do their jobs. If you choose well, they’ll be successful and make you successful as well.
Vision – The Universal Energy behind your dreams
“Some believe there is nothing one man or one woman can do against the enormous array of the world’s ills — against misery, against ignorance, or injustice and violence. Yet many of the world’s great movements, of thought and action, have flowed from the work of a single man.
A young monk began the Protestant reformation, a young general extended an empire from Macedonia to the borders of the earth, and a young woman reclaimed the territory of France. It was a young Italian explorer who discovered the New World, and 32 year old Thomas Jefferson who proclaimed that all men are created equal. ‘Give me a place to stand,’ said Archimedes, ‘and I will move the world.’ These men moved the world, and so can we all.”— Robert F. Kennedy
Pat Riley’s vision was to win a Championship for Miami. So he put together his team with his star players; Lebron James, Dwayne Wade and Chris Bosh. Then he needed supporting players, each with supporting skills. He also needed the right coaches! Vision, The right team and execution won him not One but Two Championships!!
I made lot of mistakes in my first year and then with, business coaching, I started to understand how to build an, online coaching business, a scalable business, and a sustainable business. My, online business, took off to seven figures.
My guest today is Sigrun, business coach and mentor. Online businesses, are booming, the pandemic has forced everyone online; so even if you didn’t have an, online business, before 2020, hopefully you have one now, because having an, online business, is the global trend.
I understand that 20% of the people who went online because of the, pandemic, will stay online because they just find shopping online more accommodating and useful.
Sigrun, is going to give us some information on how to be successful in your, online business.
Listen to the full interview here
Introduction to building a scalable online business
Sigrun Bio
Sigrun, started her, online business, and quickly built a multiple seven figure, online coaching business, with membership, coaching programs and masterminds. She has helped women from all over the world start and build their, online business, to six and seven figures.
In 2020 she founded a real estate company around two properties and started her first fund. Her next brick project is an International conference in Iceland called the, self-made summit.
Myrna – is your coaching specifically for women or everybody?
Sigrun – I would say it’s specifically for women, even though I have a few male clients. I don’t turn men away; but my mission is to accelerate gender equality. I’m doing that through, female entrepreneurship.
Myrna – Very interesting story, it says that you started your, online coaching business, because you lost your job twice in two years and then you became sick for seven months which made you become an, entrepreneur.
A lot of people during this, pandemic, are suffering a similar fate, because they lost their jobs or they were sick with, COVID-19, or something like that. What happened to you in 2014 is happening to a lot of people right now.
Can you share your story and hopefully inspire someone who has lost their job.
Sponsored AD
Think you need to spend all your time and energy chasing clients to succeed as a creative entrepreneur? Wrong! I’ll show you how to turn the tables and get clients attracted to YOUR BRAND.
If you’re like me, you want to earn as much as possible for as little work as possible. Economists call this maximizing your opportunity cost. I call this being smart and efficient.
How is this even possible?
I’ve created a proven process specifically for creative entrepreneurs so you can succeed. The personal coaching element allows you access to my wealth of knowledge without the price tag of many other coaches.
I take creative entrepreneurs just like you and I’ll teach you how to develop a brand that sets you apart in the market within the next three months using a simple, repeatable process that just plain works.
In the program, I’ll be teaching you everything from my 25+ year career of building better brands and squeezed it into a fast path program to help you go from zero to success in as little as 90 days. If you do the work, you will see results!
Sigrun – I got sick in 2010, so that’s over 10 years ago. I had been a CEO for a number of years and then I moved from Iceland to Switzerland. I got a job in a small company where I didn’t have to do many meetings, I just sat on my desk for nine hours a day. I developed something called RSI which is repetitive strain injury.
After I got this injury under control, I started to ask myself. Do I really want to go back to work nine to six, nine to seven, you know work nine or ten hours at the desk?
I could be working from home and that’s when I started to taste the freedom and flexibility of potentially an, online business. Many people will just not have a business idea, and I struggled with that piece. I spent several months trying to figure what my, online business, should be.
I ignored the obvious choice which was a, business coach, because I had been a CEO for 10 years with a master’s degrees including an MBA from a business school and still the idea of being a, business coach, was somehow too horrible.
Don’t think too much about your online business idea, just do it.
Overthinking and not moving forward is the most dangerous place you can be.
Myrna – A lot of people do that, people always think that they can only start something when the time is or they have the funds etc.
But it’s a fear of failure that prevents them from moving forward.
It’s better to take the first step even if it might be wrong step. It’s better to take some step than no step.
Sigrun – Finally after 18 months of being inside my head and overthinking, I started my, online coaching business, January 2014.
Sponsored AD
Would you like to Stop wearing a watch and start wearing a timepiece? Then Sergio Luciano watches are for you. Find out why most luxury men’s watch searches start and end with Sergio Luciano Watches. Perfect timepieces that make a perfect statement. At Sergio Luciano their watch specialists have worked hard to become the greatest reliable marketplace for luxury men’s watches online. You’ll love the look; you’ll love the price. Now is the time to love their design.
Head over to Sergio-luciano.com and Use coupon code coachMyrna to get 15% off your order.
Hire a Business Coach to Help you with your Online Business
The next challenge came when I thought I could figure this out on my own. I had decided to be a, business coach, but I didn’t know how to coach myself.
Myrna – The problem with that scenario is a lot of times most, entrepreneurs, do it all in the beginning, because they don’t have the money to hire a, business coach.
Sigrun – How we get past that financial situation in the beginning is there are lots of programs that cost nothing and still give you enough steps to move forward. As you grow your own funds, you can invest in more expensive programs.
My lowest price, coaching program, is $3000 and I know that it’s possibly out of reach for some people, but at the same time I offer a lot of free content.
Sponsored Ad
Have you ever been at the Right Place Wrong Time? Clamant resolution understands the stress of having your budget hit by unexpected costs at the parking meter. You mistakenly parked in an unauthorized area while rushing to meet with a potential client or for a doctor’s appointment. Parking citations are a nuisance and the last thing you need is a setback while trying to get ahead. Scrounging up money to pay parking tickets should not be one of the things you do, instead of attempting to pay with money that you don’t have or accumulating late fees; we offer interest based repayment plans. With Clamant resolution you can secure the payment of your ticket while guaranteeing a feasible payback option. More importantly you avoid the risks of having your vehicle registration canceled or your license suspended. Contact Clamant resolution and get your parking ticket paid. Visit us on the web at https://clamantresolution.com
Podbean
Look for Free Programs to Help you With Your Online Business
I have a podcast where I offer, business coaching. I also have free trainings every three months or so that people can join. So you can get to a certain point with free stuff.
After nine months of thinking I could do it on my own in 2014, I pulled out my credit card and invested $5000 in a, business coach.
It was like what I call a rocket up my butt.
My, online business, took off. After nine months of what I call throwing spaghetti at the wall, the puzzle started to work out for me.
I made lot of mistakes in my first year and then with, business coaching, I started to understand how to build an, online coaching business, a scalable business, and a sustainable business.
I will advertise your 30 sec video on Preach The Word Network TV. PTWWN TV airs locally in Atlanta on Comcast channel 16.5 and worldwide on their website. The channel also includes Apple TV, Roku, Smart Televisions, Mobile Phones and other devices for a worldwide audience of over 100 million homes and a local audience in Atlanta of 1.8 million homes.
The Transform Your Mind TV Talk show airs Sundays at 6:00 pm EST
Your video will also be showcased on blog.myhelps.us with links to your website.
This video promotion will increase your market share and take your brand to the next level. Cable rates on TV shows are $5 to $100 per 1000 views, so these rates are a steal!
I went into business with the aim of making it, scalable, sustainable and profitable. I had run multiple businesses before and one thing that I didn’t like was when revenue was tied to the number of employees.
That’s the beauty of an, online business, of offering courses and, scalable, programs, memberships and masterminds, that is not so people dependent.
Sponsored Ad
TwillightWing offers spells for various purposes from finding your Soul Mate, acquiring more Money, Healing, Lucid Dreaming and Astral Travel, and my most popular, Opening Your Third Eye, to name a few. I have over 17 spells ready for your desire!
For more information and to find the spell for you click the link below
It was about mid-second year that I started my first, group coaching, program and immediately sold out. I had two groups of six people. I started with six people, because I saw some other coaches do it.
Then I tried eight people and then ten people and twelve people and it took me a year to finally then offer a group of 18 people. My first 18 people group stayed with me for two more rounds. Every, group coaching, program ran about 10 to 12 months.
Then I started to ask myself if 18 people was the limit? I can run maybe five groups at the same time, but that is a limit again. How can I scale from there?
So in 2018, after doing 18 people, coaching groups, for a while and getting to the limit of how many groups I can run, I decided I was going to have a more, scalable, program. I get other coaches to come in with me and coach separate groups. This was a huge step for me.
Myrna – Tony Robbins is making millions doing that. He trains coaches to do his, coaching program.
Sigrun – Absolutely, now I have six coaches plus myself in this, coaching program, with 500 members, so totally doable to scale to that size.
How to start on online business
I can literally take an absolute beginner on a 10-week journey and they will:
Build an email list.
They will create their first or next, online course, that is four weeks.
They will sell another, coaching program, that they also come up with in the program.
So, after 10 weeks they have an email list with excited buyers, they have created an, online course, that is four weeks and they start the process of creating a second program that is longer than four weeks.
Stage one: one-on-one coaching. I do believe people benefit from doing, one-on-one coaching, you start the seven stages with stage zero which is sometimes confusing. Stage zero you’re not making any money, that’s the research stage. That’s where you can for instance, create a course that is for free.
Stage two- Offer your first online course for free. A free four-week, online course, so you create something with your clients and then you know that people will like it, and then you can more easily sell it. So, in the research stage, you’re not earning money, but you are talking to your ideal client, you’re figuring out what you like, what they like.
Stage three – you start with, group programs. In stage three you have your four-week, online course. I highly suggest that people have a four-week, online course, as the first, online course, they create. You circle to the free 4-week, online course, you gave away for free in stage one. Now you can add testimonials and charge.
Stage four – once you have created a small, online course, this gives you the confidence to create your signature, online course. A signature, online course, is typically 8, 10 or 12 weeks. This is where you can start to really scale your, online business. The year I created my signature, online course, was the year that my revenues increased from $340,000 to $1,000,000.
Stage five – You want to finish your ascension model. Your ascension model is literally the journey you want to take your client on. It’s 27 times more expensive to always get new clients, so you need to create a pathway for your clients to move up when they finish one, online course.
Stage six – Then there’s another problem I needed to tackle. Now I’ve created my, online course, how do I sell it? How do I launch my, online business?
Stage seven – Then I have a final program at the top where I take clients to a million dollars in revenue. I only work with 10 or 12 women at this level.
Your Ascension Model
I have an, online course, called Momentum. This is where they stay with me for 12 months. They learn how to launch their, online business, again and again.
Learn how to get new clients.
Learn how to do Facebook ads.
Hopefully reached $200,000 in revenue
Sponsored AD
Luxy Lu is a female rapper promoting her song called Evil eye. This song is a literal cry out for women who are going through and overcoming domestic violence and dealing with narcissistic abuse.
It is important to know the numbers. If you have 100 people interested in your, online business, typically only three will buy.
In an, online business, we don’t talk to everyone, we do a webinar or we do a podcast. We do different things, this is the marketing attraction model.
If you can envision a pyramid. At the bottom is the entry level program. In my case it’s a $3000 program, but for a lot of businesses this could be something like a four week, online course, for $197 or $297.
That’s the first taste of working with you and if people like it, they’ll move to the next stage. In my case I have kickstart, online course. Then they just keep moving up the pyramid.
Conclusion Online Coaching Business
Tell us about your, self-made conference, coming up for a thousand, female entrepreneurs.
The, self-made summit, was supposed to happen in 2020 we all know what happened, now it’s been moved to 2022. It is for, female entrepreneurs, so all the speakers are seven figure women who have built an, online business, in different industries.
These women built million dollar businesses and now they want to share their journey and their steps for others who want to follow or just be inspired to take action.
I’m all about action and implementation, so it will not just be inspiration, people will walk away with real action steps that they can take in their, online business.
I have one young speaker, Haley Thomas, she has worked with Michelle Obama. She is a super inspiring young black woman who has built a non-profit helping children eat healthier.
How they our readers connect with you and buy tickets to the, self-made summit?
today on possibility of a successful, online business.
I want to invite you guys to join my Facebook group called Life coach where you’ll be inspired daily by dozens of coaches that we have on the platform including myself so thanks again. Please subscribe to the podcast and leave us a review.
Mindfulness Meditation, is not just for Buddhists and monks. Meditation, unlocks the power you have within to take your business to the top.
When you, meditate, you strengthen your intuition, spirituality, awareness, and most importantly, your own sense of self. As many successful entrepreneurs know, reduced stress is the foundation to creating the business and lifestyle you want. If you are not removing your limiting beliefs and constantly working on your vision, you are limiting your own growth and the growth of your company. You are the lid!
Introduction to Mindfulness Meditation
As a leader or an Entrepreneur there is no better way to overcome obstacles, rise to the top or be creative with out first quieting the noise in your head. When you become still you tap into your creative power by connecting to your source. During, mindfulness meditation, you experience that peace that surpasses all understanding that the bible talks about. When you forget about all the things you have to do and just focus on the life inside you by witnessing your breathing, you move closer to becoming conscious and understand your purpose. Being quiet and still allows you to listen to instructions from the higher power who guides you. It is said that it is easier to guide a horse in the direction it is running in; so when you fall into line with what God wants you to do for his Kingdom then your business and your life become less of a struggle.
The reasons we practice, mindfulness meditation, are as varied as the many ways there are to, meditate. In the West, most people are drawn to, mindfulness meditation, to quiet the internal chatter of the brain and to reduce stress. Mindfulness meditation, is indeed a very effective stress reducer, but its benefits—sometimes mysteriously hidden—are far more bountiful. The actual act of, mindfulness meditation, can be as simple as sitting quietly and focusing on your breath while repeating silently a, mantra, a word or phrase. for example the, om mantra, or the Gayatri mantra. There are countless traditions and no singular “correct” way to practice, mindfulness meditation.
Find a practice that you like and stick with it for a while. Notice how you feel as you go about your days. If you find that you have more patience, feel grounded and better able to respond to stressful situations, and are more in touch with your intuition or “gut feelings,” you are enjoying the many benefits of, mindfulness meditation.
I practice, mindfulness meditation, by finding a quiet place in the morning as I drink my coffee. I listen to a, guided mindfulness meditation, tape on topics such as “activating consciousness“, visionary me meditation, “the law of attraction” etc. as I listen I clear my mind by mentally repeating a centering thought and witnessing my breathing. At the end of my meditation I am relaxed, totally open and creative. I usually write some deep insights after my meditation sessions and I get answers from God and the Universe to questions I ask. This is the perfect way to become a visionary and an innovate leader.
Mindfulness Meditation, is good for our Physical Bodies
Scientists gathering data on, mindfulness meditation, have found that a consistent practice of, mantra meditation, not only boosts the mind, but it also bolsters the body. Studies shows that, meditation, can help reverse heart disease, reduce pain, and support the immune system, better enabling it to fight disease.
The mind-body connection between stress and disease is abundantly apparent as science is finding that, mindfulness meditation, can lower production of the stress hormone cortisol. This means, mediators, are better able to adapt to stress in their lives.
2: Mindfulness Meditation, is good for Our Relationships
Paradoxically, while, meditation, helps us tune in and turn inward to our true essence, it also helps us detach from our own egos to connect with others in more meaningful ways. Couples counselors have found when they assign their clients, mindfulness meditation, the couples become less angry, more self-reflective, and more loving. When we become aware of—and honor—our interconnection with other beings, we are able to recast our perspectives, see our worries in a different light, and embrace gratitude, which is the heart’s memory.
The bible teaches that we can’t change others only ourselves and when we, meditate, we tune into who we really are. Our ancestral legacy is a brain that is primed to focus on negative experiences and has a tendency to get stuck in conditioned patterns of thinking, returning again and again to thoughts of anxiety, depression, and limitation. So in our relationships we tend to focus on what we do not have instead of what we do have. As you meditate on a regular basis, you develop what is known as “witnessing awareness”—the ability to calmly and objectively observe a situation, notice when you are being triggered, and consciously choose how you want to respond. The ability to be present and aware is extremely valuable in every relationship.
When you, meditate, you strengthen your intuition, awareness, and most importantly, your own sense of self. Yogis and doctors both agree, mindfulness meditation, even just a few minutes of deep breathing—relaxes the brain, reduces anxiety, and decreases depression. We say we can’t afford the time to, meditate, but the truth is we can’t afford not to. When we tell ourselves we don’t have time to exercise, or meditate, then we will make time for sickness and depression. During most of our waking lives, our minds are engaged in a continuous internal dialogue in which the meaning and emotional associations of one thought triggers the next.
We hear a snippet of music and suddenly we’re thinking about the first time we heard that song with an old boyfriend or girlfriend and how that relationship ended. If we’re still holding emotional pain over that ending, those feelings may bubble up and then our mind may veer into criticism, self-pity, or worries about the future. Mindfulness Meditation, is one of the best tools we have to counter the brain’s negativity bias, release accumulated stress, foster positive experiences and intentions, and enjoy the peace of present moment awareness. A large body of research has established that having a regular meditation practice produces tangible benefits for mental and physical health, including:
Decreased blood pressure and hypertension
Lowered cholesterol levels
Reduced production of “stress hormones,” including cortisol and adrenaline
More efficient oxygen use by the body
Increased production of the anti-aging hormone DHEA
4: Mindfulness Meditation, Reduces Stress and Burnout
What role is more stressful than the role of a Leader? None, as a Leader you are responsible for the lives of your employees, families, and your commitment to your community? Chronic, unmanaged stress can make you sick and accelerate aging. As many scientific studies have found, prolonged stress can contribute to:
high blood pressure,
heart disease,
stomach ulcers,
autoimmune diseases,
anxiety,
cancer,
insomnia,
chronic fatigue,
obesity,
depression,
and accelerated aging.
During, mindfulness meditation, your body releases stress and reverses the effects of the flight-or-fight response—that ancient instinct we all have to either run from perceived danger or take it on in battle. Intended as a short-term protection mechanism, fight or flight causes our body to speed up our heart rate, increase our blood sugar, suppress our immune system, reduce insulin production, pump out stress hormones such as adrenaline and cortisol, and reduce the blood supply to our digestive organs. All of these reactions happen so that our body can focus on either running away as fast as it can—or staying to fight. Although few people reading this face daily threats to their bodily existence, many live in a prolonged state of fight or flight, generating stress in response to bad traffic, criticism from a spouse, or a disagreement.
Regular, meditation, dissipates accumulated stress and cultivates a state of restful alertness. There are many compelling studies showing the power of, mindfulness meditation, to relieve stress and promote inner calm. For example, a 2011 study published in the Evidence-Based Complementary and Alternative Medicine Journal found that full-time workers who spent a few hours each week practicing, mindfulness meditation, reported a significant decrease in job stress, anxiety, and depressed mood. The reason, meditation, is so popular among successful individuals is it helps release stress, lets go of excess thoughts and expand awareness. As you dive deeper into your, mindfulness meditation, practice you see people events and circumstances as they really are, not as they are perceived to be. It allows you to have an internal Locus of control. That means that you don’t react to external stimuli but are proactive with action plans and goals. It also means that as challenges arise in your business, you will not get overwhelmed; but face those challenges calmly and efficiently. As an Entrepreneur Leader, meditation allows you to turn your failures into successes.
5: Mindfulness Meditation, Enhances Your Concentration, Memory, and Ability to Learn
As researchers have found, mindfulness meditation, can help you tap into your brain’s deepest potential to focus, learn, and adapt. While scientists used to believe that beyond a certain age, the brain couldn’t change or grow, we now know that the brain has a quality known as plasticity, enabling it to grow new neurons and transform throughout our lives. Meditation is a powerful tool for awakening new neural connections and even transforming regions of the brain. A recent study led by Harvard University and Massachusetts General Hospital found that after only eight weeks of meditation, participants experienced beneficial growth in the brain areas associated with memory, learning, empathy, self-awareness, and stress regulation. In addition, the meditators reported decreased feelings of anxiety and greater feelings of calm. This study adds to the expanding body of research about the brain’s amazing plasticity and ability to change habitual stress patterns.
Many other studies provide evidence for the value of, mindfulness meditation, in improving the ability to stay focused in world filled with increasing distractions, and demands on our attention. For example, research conducted by the UCLA Mindful Awareness Center showed that teenagers and adults with ADHD who practiced various forms of, meditation for just eight weeks improved their ability to concentrate on tasks, even when attempts were made to distract them. In the world of the Entrepreneur Leader, the ability to focus when you are pulled in so many different directions is extremely important to your success.
6: Mindfulness Meditation, Improves Your Creativity and Problem-Solving Skills in your Business
We each have an estimated 60,000 to 80,000 thoughts a day—unfortunately, many of them are the same thoughts we had yesterday, last week, and last year. The mind tends to get stuck in repetitive thought loops that squeeze out the possibility for new ideas and inspiration. Mindfulness meditation, is a powerful practice for going beyond habitual, conditioned thought patterns into a state of expanded awareness. We connect to what is known as the field of infinite possibilities or pure potentiality, and we open to new insights, intuition, and ideas. And as we meditate and focus on our breathing, we stop this continuous cycle.
7: Mindfulness Meditation, Decreases Anxiety, and Insomnia
The emotional effects of sitting quietly and going within are profound. The deep state of rest produced by, mindfulness meditation, triggers the brain to release neurotransmitters, including dopamine, serotonin, oxytocin, and endorphins. Each of these naturally occurring brain chemicals has been linked to different aspects of happiness:
Dopamine plays a key role in the brain’s ability to experience pleasure, feel rewarded, and maintain focus. Serotonin has a calming effect. It eases tension and helps us feel less stressed and more relaxed and focused. Low levels of this neurotransmitter have been linked to migraines, anxiety, bipolar disorder, apathy, feelings of worthlessness, fatigue, and insomnia. Oxytocin (the same chemical whose levels rise during sexual arousal and breastfeeding), is a pleasure hormone. It creates feelings of calm, contentment, and security, while reducing fear and anxiety. Endorphins are most commonly known as the chemicals that create the exhilaration commonly labeled “the runner’s high.” These neurotransmitters play many roles related to well being, including decreasing feelings of pain and reducing the side effects of stress.
