Archive for September, 2008

Sep
25

ICF Helps with Business Development

Posted by: Janet | Comments (0)

There is a fairly new development in the International Coach Federation (ICF) where there is finally recognition of the need to support coaches more in the development of their coaching businesses.  One evidence of this understanding is the formation of a Special Interest Group (SIG) for business development.  The group formed in July and has a monthly call on the first Wednesday of each month at 4:00pm eastern time.  All calls are open to all members of the ICF. 

This month’s featured speaker is Laura Howard West, PCC who is calling her presentation “Creating Your Business Attraction Success Plan”.  The subject matter will combine using the principles of the law of attraction with the tools of smart business practice.  This I want to hear!  My hope is that there is more than a passing nod to the business practice part – we’ll see.

In order to register for the call and get the phone number and pin, you will need to go to the ICF website.  Click the Current Members section, then click Find a Special Interest Group, finally click the Business Development group.  If you are not an ICF member, there is a public site where links are being posted to recordings of past calls.  Click here to hear Robert Middleton, Elinor Stutz or the very first SIG call explaining the purposes of the group.  The Robert Middleton call was especially filled with good, basic information.

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Sep
24

Informal Marketing at Presentations

Posted by: Janet | Comments (0)

Whenever you have the  opportunity to be a presenter to a group of people, you can use the event as a business development tool.  You can very informally help your audience know what you do and what your business is about. 

The first and most obvious way to do that is with some marketing materials about your business.  Have fliers that describe your work and place them in each seat before the presentation; if folks leave them behind, just gather them up to reuse them.  Make sure to have plenty of business cards with you and even write about your free offer and where to get it on the back.  Always make sure that all your contact information is on every page of every handout that you give related to the presentation.

If you are introduced at the event by someone else, find out if you can write the introduction.  Make sure to include info about your coaching business in the written material or if you tell about yourself.  At some point during the presentation, make sure to talk about coaching.  People love anecdotes and if you can tell a few clients stories – carefully made confidential – then you will get people interested in your work. 

Consider having an evaluation form for your presentation to get feedback on what other information  people would have liked to hear, what helped them most and other pertinent questions.  You can ask on this form whether people are interested in further information, would like an initial coaching session or would like to be placed on your mailing list.  Sometimes I even use this form to have a little drawing for a door prize and only the people who evaluate the session get into the drawing. This can directly bring you clients and indirectly helps you know what the problems and needs are in your niche.

Finally, if you are trying to grow your business, every presentation that is over 90 minutes in length should include a coaching demonstration.  There is no better way to get people to want to work with you than to see you in action.  No matter what your subject matter, the audience members are struggling with it or they wouldn’t be in attendance.  There will almost always be an eager volunteer.  This situation lends itself to a 10-15 minute demo with a few minutes of processing with the group.  Many coaches are anxious about demonstrating in front of a group, but you will be more critical of your skills than the audience will be.  It is too valuable a marketing and learning tool to be avoided because of your nervousness. 

Go ahead and find yourself some presentations to do.  Make careful plans on how you will maximize your exposure from that event.  Make each event be a tool for developing your business another step. 

 

 

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Sep
22

100 Days of Business Development

Posted by: Janet | Comments (0)

Today is an important day on the calendar because there are just 100 days left in the year.  Did you hear about the widely publicized 100 day countdown to the Beijing Olympics?  Same idea, but with a coaching twist.  Many coaches talk about this as a great day to target a new project and get it started.  The 100 day interval is manageable, track-able and long enough to see some substantial results.  I am issuing you a coaching challenge in honor of the 100 days remaining of 2008.  Do one business development task each day for each of the 100 days left in the year.  Just one.  By the end of the year, you will have made important progress in developing your coaching business.

Now, I realize this can be a tough challenge.  For many coaches, discouragement comes when an action doesn’t bring quick rewards.  You try something earnestly, putting lots of effort into it and realize after a few weeks that it doesn’t seem to have made a difference.  So you move on to try another new thing that you heard works really well.  If this is your pattern for the next 100  days, you will be no further ahead at the start of 2009 than you are now. 

What I would like you to do for the first week of the challenge is to make your business development tasks about planning.  Make sure your business vision and mission are solid, tweak your niche definition if necessary, review your business plan for 2008 and your marketing plan.  Only then should you decide what you will be doing over the course of the remaining days.  Instead of thinking about the new clients you want to get in the next 100 days, I strongly suggest you look at how to lay the foundation now for a business boom in 2009.  What do you need to put in place to make that happen?  Do you need new products?  Your first product?  A great free product?  How will you take people on your list and continue to meet their needs?  How will you know what their needs are? 

You can make the changes in your coaching business over the next 100 days that will make 2009 your best year yet.  Let’s get to work and keep plugging at it every day.  Please leave a comment here if you decide to take the challenge – we all will be cheering you on! 

 

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There was a recent call on business development for coaches by Candia Dye and Patrick Williams of the Institute for Life Coach Training.  I wrote about this previously (here and here) but wanted to provide you with the link to the recording of the call.  Please go here to listen in.

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Sep
14

The Gift of Coaching

Posted by: Janet | Comments (0)

There was a major announcement in the world of coaching this week.  On the anniversary of the September 11th attack and in relation to Barack Obama’s and John McCain’s joint initiative called Service Nation, there was an announcement for a new program, still under development, called the Gift of Coaching.  Developed by the Harnish Foundation and others actively involved in serving others, the purpose of the Gift of Coaching is to ”unite coaches, to ask them to look beyond their coaching affiliations and come together to celebrate the gifts that we bring to others through pro-bono coaching. ”

The Gift of Coaching will be a clearinghouse to connect coaches who offer their services of pro-bono work to clients who might otherwise not be able to access coaching.  In addition, The Gift of Coaching will be a forum to “show the world the magnitude of the gifts that coaches are giving”.   To both of these ends, I strongly encourage you to register with the Gift of Coaching whether you already are providing pro-bono coaching or would like to do so in the future.     

Please visit http://www.gift-of-coaching.com/ to read more and to register.  Although there is not a lot of information now on the site, there is a link to a long video which explains more.  Please pass the word along to the coaches in your network about this new initiative.  I challenge all my fellow entrepreneurs – even those just starting to develop your coaching business – to include pro-bono work in your business plan and to do it through the Gift of Coaching.  Help us make a difference and show people the difference coaching makes.  

Categories : Entrepreneur
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