Jenn Stevens

Jenn Stevens | Spiritual Life & Business Coach

Multiple Income Stream Ideas For Life Coaches + Spiritual Entrepreneurs

When you first think about becoming a life coach, you probably think about setting up coaching calls and working one-one-one with clients.

Of course, working with people one-on-one is one of the best ways to facilitate change for your clients and offer your services.

But one-on-one coaching is actually only one path to making money!

While I’m definitely a fan of learning how to market authentically so you can book out your coaching practice, I’m also a fan of creating multiple revenue streams.

It’s just smart business and money sense!

It’s often said that the average millionaire has seven sources of income.

That means that the richest people in the world do not rely on just one avenue to make money.

They go out and create multiple streams. That way if something happens in one area, they’ve still got other areas to back them up.

In most millionaire’s worlds, that probably means real estate plus investments et cetera.

But even if you’re not a millionaire mogul just yet, you can still apply this same principle to your own small coaching business.

This is one of the reasons why I’m so passionate about passive income!

(And if you’re interested in creating passive income revenue for your spiritual or coaching business, then be sure to check out my Pin Magic program right over here!)

One of the things I’m really great at as a spiritual business coach is helping people find more (bigger! better!) ways to serve their community and make money for themselves.

So if you need a little help thinking outside the box with how you can create multiple streams of income for your spiritual or life coachi

Create Your Life Coaching Business From Scratch: 4 Steps To Get Started Today

Thinking about starting your life coaching business?

Well congratulations! It’s such a smart idea, especially right now, when more people than ever are discovering the power of working for themselves.

Fortunately, it’s one of the best ways to start making money right now in the online world. (And yes, all from the comfort of your sofa!)

One of the reasons is because it’s simple to get started: all you really need is you and a platform like Zoom that allows you to speak to your clients.

Plus there’s a low barrier to entry. While there are tons of schools out there offering coaching certification, it’s important to note that coaching is still an unregulated industry.

That means you don’t need to have a certificate to become a coach.

That’s absolutely amazing news for the beginning entrepreneur! You don’t have to spend thousands of dollars on certification and you can dive in right now, if you’re feeling ready.

So why not give it a shot? If you’re dreaming about it, take it as a sign that this needs to happen for you! Your dreams are meant for you. All you have to do is take the first step.

With that in mind, I created this simple get started guide to help you launch your life coaching business and start making money ASAP.


Create Your Life Coaching Business From Scratch: 4 Steps To Get Started Today


Create Your Life Coaching Business Step #1:

Find Your Focus


Not sure about what you can coach on? Just think about your own talents and skills.

There’s truly a coaching niche for almost everything: post-baby weight loss coach, divorce coach, career transition coach, public speaking coach.

So think about it: what do you love to do? What do people ask you for help with? What have you gotten paid to do in the past?

Answering all of those questions should give you some great ideas on what you can do as a coach.

Once you’ve nailed your idea, take a look around online to see if there are other people out there doing what you want to do. If there are, that’s great news! That means it’s a viable business idea and that there are people who are willing to pay for this service.

So please don’t get intimidated if you see there are others like you. You don’t have to be the only heart chakra coach in the world to be successful! It’s actually the opposite: the more creative your niche is, the harder you’ll have to work to educate people on what you do. So while you don’t want to be too broad (aka “life coach”) you also probably don’t want to have to go through


Create Your Life Coaching Business Step #2:

Find Your First Clients


The only way to go from “I want to be a coach” to “Heck yes! I am a coach” is to find your first few clients.

But they’re not going to come knocking down your door just yet! It’s up to you to go out and find those first precious clients.

So now that you’ve decided on what to help people with, think about it: do you already already know anyone who could use your help? Then go ahead and reach out to them. Tell them what you do and how you can help them.

I’d recommend taking on a few clients for free at first or charging them a lower-than-normal price. The important thing is just to get started! That way you can build up your confidence as a coach and get some experience and testimonials all at the same time.

If you can’t think of anyone in person that you can help, think about joining some Facebook groups or DMing a few people on Instagram. (Remember to lead with service first–and never spam people!) Facebook groups in particular are a great way to find people who are already out there looking for someone just like you to help them out.

But honestly, you just need to start telling people what you do and offering to help them. You can find potential clients almost anywhere, including in the morning coffee queue at Starbucks. So keep your eyes open!


Create Your Life Coaching Business Step #3:

Build Your Online Presence


Your business is already on its way to becoming your full-time gig! Now it’s just a matter of expansion: or putting yourself out into the world! However, don’t assume that means you need a fancy website, kickass branding, the whole bit. One of the advantages of a coaching business is that you can start very small, just through Instagram or Facebook (or wherever).

But it is important to start putting yourself out there. Consistency creates trust. Plus social media is still the best (free!) way to find your ideal clients.

My best advice is to pick one or two platforms to focus your attention on. I learned this one the hard way! In the beginning, I tried to do allllll the things (blogging, YouTube, podcast) but it was easy to get overwhelmed and burnt out. And it’s not that effective in the end either.

It’s a much better use of your time to get really good at one or two platforms and then use those platforms to leverage your social in other areas.

So choose your platforms and commit to showing up: do your daily Instagram post, daily Facebook lives, daily Facebook group posts. Anything you choose to do (and ultimately learn how to do well) will eventually get you in front of the right people and ultimately grow your business.

And PS–don’t get caught up on your social media follower numbers! There are a ton of successful coaches out there with 1000 followers or less who still make six figures a year. The most important thing is whether you’re booking clients not how many people say your Instagram story about your new puppy.



So tell me: are you pumped up and ready to start your coaching business? What step are you going to take first?



Starting a new life coaching business is not as hard as you might think! Just try not to get overwhelmed in the beginning and stop chasing shiny objects. As long as you focus on showing up to serve your clients in the best way possible, you’re basically gauranteed to be successful!



Jenn Stevens Coaching


Need a little help launching your business? Check out my new one-to-one coaching program that’s designed to take you from zero to $10k months! Stop just dreaming about success. Let’s create it–together!



PS Looking for more? You might also want to check out this post about 8 digital products you can make in a weekend or this one about why being a life coach will make you broke.



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Create Your Life Coaching Business From Scratch: 4 Steps To Get Started Today

Why Being A “Life Coach” Will Make You Broke: 3 Problems & How To Fix Them!

When I first heard about life coaching, I was like saaaaaay what? Helping people become their best selves? Hello, sign me up right now, right freakin’ now!

And since you’re reading this, I imagine you had the same experience! Maybe you’ve started your life coaching practice already. You’ve taken some classes and you’re excited to get going.

But I’m also going to guess that it’s not going as well as you’d hoped.

You KNOW you have the skills.

You KNOW you can help people!

So why isn’t anyone signing up?

Let me tell you friends! I have so been there.

And the good news is: it’s not all YOUR fault.

As always, my aim here on this site is to help you avoid the (MANY!) mistakes I made when starting my spiritual business. And this is definitely one of them!

 

Why Being A Life Coach Will Make You Broke! 3 Problems & How To Fix Them

 

Reason Being A Life Coach Will Make You Broke #1:

People Only Buy Solutions

 

You can show people your certificates and talk about yourself all day long. So while I kind of hate to break it to you but here’s the truth: no one cares.

Yup that’s right! It’s harsh but true. No one really cares about who you studied with, what modality you use, who your other clients were.

But they do care about what you can do for them.

This is really just a misunderstanding on our part. We talk about our credits and assume that other people will just understand what that means for them!

But it doesn’t work like that! You have to actually tell people how you can help them, in the most specific way possible.

You need to know what their problem is. And then you simply need to have a solution to that problem.

So in order to stop your business from tanking before you’ve even begun (yikes!), you have to stop telling them your audience about what doesn’t matter to them and start being extremely clear about what you can help them fix.

 

Reason Being A Life Coach Will Make You Broke #2:

The Title Isn’t Enough

 

Those of us in the coaching world often forget that we exist largely in our own little bubble. When you talk about life coaching to other life coaches or to people who are really into personal development, they obviously know what that means.

However, to anyone outside of our little world, the term “life coach” is still kind of vague and misunderstood.

I’ve met people who think that I just tell other people what to do all day! Which is pretty hilarious honestly. (And, just in case you don’t know, completely untrue!)

But it’s not up to the world to figure out what we do! It’s up to us to tell them.

That means part of our marketing needs to be about education. Yes, of course you’re a life coach (or a transformation coach, manifestation coach, happiness coach etc.)

But what do you really do? How can you explain that in the most simple way possible?

In other words, don’t just slap the words life coach on your Instagram and just post pictures of your smoothies. That’s not enough for anyone to get it–much less for them to make the leap to come and actually want to work with from you!

Tell them what you. Then do it again. And again. And keep doing whatever you have to to make sure your message is unmistakable!

 

Reason Being A Life Coach Will Make You Broke #3:

They Need To See The Transformation

 

Even when you have a specific problem that you can help people with, you have to weave a little more magic to make things more irresistible.

For example: say you’re a confidence coach. You help people go from anxiety to feeling confident and powerful!

That’s a great start. But what does that process actually look like? How can you illustrate it to your potential clients?

This where the art of storytelling comes in extremely handy.

Think about your “before” and your “after” and then paint your audience a picture of both.

What would someone’s life be like when they feel crippled by self-doubt?

What would they experience to finally move beyond that?

Tell them a story about it and they will automatically understand the true magic of who you are and what you do. Stories are the best way to show off your potential and to help them see where you fit into their world.

If you’re feeling stuck about this, think about your own transformation or the journey of someone you’ve already worked with.

Also, don’t assume people will just “get it” from skimming your bio! If this process is the magic you want to base your business on, you need to put that at the forefront of what you write as often as possible.

 

 

Don’t you dare think that your lack of clients is because you can’t make it as a spiritual entrepreneur! Once you tweak these few basic points on your website and in your social media marketing, you’ll be amazed at just how easy it is to book yourself out with clients who really want to work with you.

 

Jenn Stevens Coaching

 

PS Looking for more? You might also want to check out this post about 3 reasons why you don’t have coaching clients or this one about passive income product ideas for coaches.

 

 

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Why Being A "Life Coach" Will Make You Broke: 3 Problems & How To Fix Them!