Clients prepared to pay a premium for your coaching isn't just looking for another coach.
Speaker AThey're looking for this specific thing.
Speaker ASo we'll show you what made us invest more than €70,000 in a coach in less than 24 hours and how you can reverse engineer it.
Speaker ASo today's episode is about how to become irresistible when we are looking at charging a premium to clients who actually want to create some extraordinary results for themselves in their lives.
Speaker BYeah.
Speaker AAnd I think this topic is very, very interesting.
Speaker AI would like to start with the obvious problem.
Speaker AThe obvious problem is that most coaches are charging too low of a prices.
Speaker AWhat do you say?
Speaker AOffers like their price is too low.
Speaker AAnd the reason why people get stuck, there are many.
Speaker AThe one race that is never going to work, that I see coaches run again and again, especially now it's December.
Speaker AIt's lowering prices with the.
Speaker ABecause of the belief that if I lower my price, people will buy more and I'll make more clients, I'll get more clients.
Speaker AAnd while that could be true, you need to reduce your price with above 76% in order for that to become the truth and you're not going to make more money.
Speaker ASo a part of this is possible to break down and be very factual, but another part of it is to understand that it's also psychological for us as coaches, like individuals, the more your client pays, the bigger breakthroughs that clients is going to get.
Speaker AYeah.
Speaker AAnd if we can just understand that that's where it comes from because the more they pay, the more invested they.
Speaker AYeah.
Speaker BWe also going to take a look at positioning because I also believe equally as many coaches haven't a belief about who they want to attract, there's a lot of thinking about who's the perfect avatar, who's a perfect client.
Speaker BI want and this perfect.
Speaker BWhere should they be at, what should they be willing to do, how should they be working?
Speaker BThere's a lot of checkpoints to who's my perfect avatar.
Speaker BBut are you positioning, attracting that perfect avatar or not?
Speaker AYeah.
Speaker BThe perfect avatar who would be willing to pay your coaching because that's about your positioning and how you as the coach become irresistible to that premium client of yours.
Speaker AYeah.
Speaker AWhat do you think about that?
Speaker AWhat's the biggest problem with positioning?
Speaker ACan you give an example?
Speaker BYeah.
Speaker AThat you normal.
Speaker BYeah.
Speaker BSo I think you are unclear about what you do, how you do it.
Speaker BYou show up looking not confident in what you do and that also means that you don't dare to come with a bold promise if you don't dare to Come with a bold promise.
Speaker BYou're not gonna attract the people who want that.
Speaker BThe certainty in that thing.
Speaker AYeah.
Speaker AIf we take something practical, would you say that it's appearance?
Speaker AIs it language?
Speaker AIs it all of the above?
Speaker BAbsolutely.
Speaker BAll of them.
Speaker BIt's your appearance.
Speaker BHow you show up.
Speaker BIf you do media content, do you show up with confidence or are you like an excuse of begging, kind of coming from a begging place?
Speaker BAre you.
Speaker BYour language, how do you speak?
Speaker BAre you speaking to people that you're nurturing and taking care of them, or are you speaking from a place of.
Speaker BYou expect people to want to do this?
Speaker BSo you're straight?
Speaker BNo fluff, no.
Speaker BNo bs, Just straight onto the things you believe in.
Speaker BAre you holding back, saying your conviction?
Speaker BAre you holding back from sharing them?
Speaker BBecause maybe scared of being judged?
Speaker BScared of what?
Speaker BMaybe I'm not clear enough or scared of I'll push away someone.
Speaker BI would say it's even about your pricing.
Speaker BIf you want quality people and you're too low ticket, they will not trust your pricing.
Speaker BSo it can be a lot of different things that goes together.
Speaker BWhat's your legions?
Speaker BWhat's your cover picture?
Speaker BDo you show up as someone to be trusted with a higher authority or not?
Speaker BMy experience is there's a lot of mismatch between that and that's what we want to clear out in this episode.
Speaker BRight.
Speaker AIf we're starting at a foundational level, you should fit yourself into the world of the person you want to sell to.
Speaker AMeaning if you want to sell coaching for stockbrokers, you might want to show up in a suit.
Speaker ABut if you want to sell coaching to nurses in school or in the university studying to become a nurse, well, then you might not want to show up in a suit and you might want to show up in something else in order for them to be able to see you as one of their own or one that they look up to.
Speaker AThat's the foundational level.
Speaker ABut then we can also look that it's okay to create your own image, but then you need to back that image up.
Speaker BYeah.
Speaker ATo make sure that people are respecting you and seeing you as an authority, then you need to come across with a lot of experience and show that you actually are the expert in making this change happen.
Speaker AAnd I absolutely see the same mismatch.
Speaker AI see that as a huge problem.
Speaker AI see many people struggling with claiming that space.
Speaker AThis is who I am and I am the best person to do this.
Speaker BYeah.
Speaker BIf it's a lot of experience to get to the point where you Believe in it.
Speaker BBut there's also daring to be bold and daring to own something you haven't done yet.
Speaker BBecause I think a lot of people are holding themselves back.
Speaker BBecause I can't promise that when we speak about promises, people trying to keep their promise vague in order for not to say something they can't deliver on.
Speaker AOr to be held accountable by their clients.
Speaker AYou said that I was going to change uncertainty.
Speaker BRight.
Speaker AAll coaching indicates work.
Speaker AAll coaching indicates extraordinary work, I would say as well for the client.
Speaker AMeaning because anything of greatness that is achieved is achieved with equal effort of what it takes to get there.
Speaker BYeah.
Speaker AAnd we don't want to make it sound like a magic trick.
Speaker ACome here and we'll magically fix this.
Speaker ABecause that's not serious.
Speaker AAs long as we're not doing that, then it indicates that we're doing real work.
Speaker BYeah.
Speaker AWe help businesses, we help coaches specifically to build coaching businesses.
Speaker AAnd we've never, never, ever in any of our cases have we emphasized that it's easy.
Speaker AWe've also not made it harder than it is because honestly, building a business isn't super hard.
Speaker AIt's only as hard as we make it.
Speaker AAnd unfortunately, people have a tendency to make it hard to build complexity.
Speaker ABecause when we build complexity, then it resembles our emotional approach to the same thing.
Speaker ABecause if we struggling with something simple, then our brain is going to misfire and we're going to feel like I suck.
Speaker AIt's a part of the journey.
Speaker ABut when you're sending at the first kind of like introduction to your world, starting working with you, you need to get them excited about something they really want.
Speaker AWhich means that you need to be bold enough to state that this is what we're going to achieve.
Speaker BYeah.
Speaker AAnd what is it that they're going to achieve?
Speaker AWell, based on what you know about them, it's not super hard.
Speaker BYeah.
Speaker ASo some of it is emotional, some of it is just based on insecurities, and some of it is based on practical steps.
Speaker AWell, I don't know exactly what steps can look like, which means that I don't have the full journey painted bright with colors and outlined and shadows and blah, blah, blah.
Speaker AWhich means that I don't dare to say that because I don't know every step of the way.
Speaker AAnd I just want to remind you that that's not how we progress in life.
Speaker AThere is no one that prepares for a road trip by calculating when the likelihood of the lights are being green at every traffic stop before they start driving.
Speaker AWhat we do in life is that we start driving, we do a road trip, and then when we come to a red light, we handle it.
Speaker AAnd since you have the capability, since you're congruent, you need to trust in your capacity to be the person that stands next to the person that is doing the journey.
Speaker AAnd you need to commit to be there until the journey is completed.
Speaker AAnd if you can commit to the long term journey, if you can commit long term with like, I'm here to create a real difference for people, then, then you're all set and go.
Speaker AAnd that is one of the first core positionings that you need to take.
Speaker AYou need to be in it for the long haul, not just I'm going to try it out.
Speaker AThere is no try, no.
Speaker BSo a great question to ask yourself about positioning is if I come into your profile, would I first of all understand exactly what you do?
Speaker BSo when I come into your landing page, your social media, first of all, would I understand what you do?
Speaker BWould I be inspired and would have been drawn to you?
Speaker BIf I'm your perfect avatar, is it a good energy?
Speaker ADo you feel like there is stuff?
Speaker BWould I align with what you do, who you are, what you look like?
Speaker BWould I feel like this is where what I can trust or would I feel like I'm not sure?
Speaker BSo how would I align with that?
Speaker BThat's the second thing.
Speaker BAnd then would I want to know more about what you do?
Speaker AYeah.
Speaker BThe promise you have, because you need to have a bold statement, a bold promise.
Speaker BWould that something I really want?
Speaker BDo you understand who I am, what I want?
Speaker BAre you bold enough to tell me this is what you do?
Speaker BThe cost of playing it safe or not daring to take space?
Speaker BI think it might be a very European thing also, or maybe even a Scandinavian thing to.
Speaker BI don't want to over promise anything.
Speaker AAnd I want to say that it's not about over promising.
Speaker BYeah.
Speaker ABecause we do not want to make it sound better than it is, but what we tend to do is trying to tone it down and make it sound worse than it is.
Speaker AAnd that's one of the first rules that I learned when starting my marketing journey.
Speaker ADon't make it better than it is, but for the love of God, don't make it worse than it is either.
Speaker BYeah.
Speaker BWhat does having a high authority, what does that look like if we're coming from the space of being.
Speaker BLooking premium, that sense of you being a premium coach.
Speaker ASo first of all, I would say that your commitment still needs to shine through.
Speaker AYou're really committed.
Speaker AThis is what I do.
Speaker AThis Is who I am owning up to all parts of it.
Speaker BHow do you look like that?
Speaker BWhat does that mean?
Speaker ABut so what does commitment look like?
Speaker AYeah, well, show up with certainty.
Speaker AAbsolutely.
Speaker AWe need to show that this is what I do, this is who I am.
Speaker AAnd yeah, certainty needs to shine through all of that.
Speaker AAnd how do you build certainty?
Speaker AWell, you build certainty with acquiring, first of all, committing.
Speaker AHow do we become confident in what it is that we're doing?
Speaker AWell, we committed to make sure that all the things I know I'm going to use to make this happen and all the things I don't know, I'm going to learn to make sure that I get this thing happen.
Speaker BMost of our investments they've been about 25, 26, 28, 30K.
Speaker BBut I think the biggest investment we've done in our business is 70k for a one year program.
Speaker AYeah.
Speaker BWhat would you say was the things that made us make a decision within 24 hours?
Speaker BI would say to throw out giveaway.
Speaker B70 years.
Speaker B70,000 years.
Speaker BWhat was the things that made us spent that much money into one person.
Speaker AAt the time we couldn't outsource what it was that we were doing.
Speaker AWe didn't have a system to give it away.
Speaker ASo we needed a sales academy that could be us.
Speaker BSo we had a huge pain and this person came in and could explain first of all our pain, but also answer to how that pain would disappear.
Speaker AIf we did this thing, which is in this case was let's build this out.
Speaker ALet me help you build your sales academy out.
Speaker BBecause it's a lot of money.
Speaker B70,000 is a lot of money.
Speaker BSo what made us trust this person?
Speaker ASo I would say that one of the parts was that we got recommended this person which was a huge factor in our decision making.
Speaker ASomeone else had worked with him and they loved what he'd done.
Speaker ABut then also him owning up to this is what I do, this is who I am and this is what I charge.
Speaker AYeah, A high premium is usually a good thing.
Speaker AIt's not always a good thing, but serious people selling premium products.
Speaker AI want premium.
Speaker AI want my clients to experience the best.
Speaker AI want my business to do the best, I want it to grow.
Speaker ASo in order for that to happen, I need to invest in the best.
Speaker AAnd at that point, he was the best option that we had.
Speaker ASo we chose to move forward with it.
Speaker BYeah.
Speaker BSo people would trust other people rather than you to start up with in building that certainty, in spending a lot of money.
Speaker BSo how can you utilize that when you do content well, case studies, use client videos of people explaining why this is so good.
Speaker ASo use testimonials, do interviews with your clients, like have them tell their stories.
Speaker BAnd have a system for referrals so people would refer you.
Speaker BThe second thing you mentioned here is that this person came in with so much conviction that it wasn't blinking, saying it's 70,000.
Speaker BHe wasn't blinking.
Speaker BThere was a lot of conviction.
Speaker BSo it's not like any excuse.
Speaker BAnd I think this is a very important thing to be aware of what's happening when you sell premium.
Speaker BIf you come in and say your price and say hey, is that okay?
Speaker BDo you have that?
Speaker BAnd like is that possible?
Speaker BYou start feeling you are uncertain about is your pricing good enough or is it worth the pricing?
Speaker BSo this person was super clear, it was not trying to convince, not trying to sell it in as why this is important, but leaning back and saying this is how much it is, this is what I'll be doing and this is what you'll get with full of conviction and certainty in his offer.
Speaker BSo that's one thing that's very important.
Speaker BHave certainty in your offer.
Speaker BIf you don't trust your offer is good enough, there's something you need to go back to and fix.
Speaker BThen you need to have build out your offer so it becomes better.
Speaker BBut you also need to work on yourself, as you said, work on yourself, your certainty.
Speaker BBecause if you don't believe your offer and you kind of try to hide the price when you're seeing it, then it's going to be hard to position yourself in the premium space.
Speaker AYeah.
Speaker BIs there anything else that you would say about what made us choose this person to spend this money for us?
Speaker AIt was a non negotiable to develop this area and he was the best option available.
Speaker ALike I said, we are investing in the best stuff.
Speaker AIt wasn't really a question.
Speaker BNo.
Speaker BSo it was a bold promise because there was a clear promise which meant us when you spend 70,000, you also need to know there's a clear promise, of course.
Speaker ASo clarity about the offer, certainty, all of that, super good.
Speaker ABut also knowing the outcome, this is what we'll have.
Speaker BYeah.
Speaker BSo there's a clear promise, this is what you'll have in three months, this is what you'll have in six months, this is what you'll have.
Speaker BThis is what we will have in 12 months.
Speaker BAnd what we were going to get, the promise was clear, aligned with what we wanted to have.
Speaker BTaking that to you who are listening here, having a bold and clear promise Dare to trust that I'll get you here and then figure out how that would look like if you're not confident in it when you say it.
Speaker BBut you need to figure it out.
Speaker BBut you need to believe yourself that you'll get to this.
Speaker BAnd there need to be a clear promise.
Speaker BIf you can't own a clear promise, then you need to go back again and work with the certainty.
Speaker AYeah.
Speaker AAnd maybe you shouldn't charge €70,000 for any of your services yet, but it's.
Speaker BThe same if you're selling for 4K.
Speaker AYeah, it's not that.
Speaker ABut what I wanted to say was that.
Speaker ABut it can also be that you're going to speak to a lot of people on your journey in your coaching business and your flagship, your main program might be a 4K program.
Speaker AHere's a game changer that can help you to just own up to what could you do beyond that program.
Speaker ALet's say that someone wants more.
Speaker ALet's say that you have a 4k offer, 3k offer, flagship program, it's three, four months.
Speaker AThen what I would recommend you to do, anytime you meet someone that is good, fit, but a little bit more qualified, which means they already know a little bit more, they aren't beginners or they aren't really at that level where most of your people come into this process, then add one on ones to it and ask yourself, if you were to work with this person for half a year together with this program asset foundation, so they'll go through the program, but they'll also get one on ones with you, what would that price need to be in order for the outcome that this person wanted to be reasonable investment, then you can take yourself out of the equation for a second and then you can figure out, so what should this payment be?
Speaker AThe moment you take yourself out of the equation and you realize that this extraordinary result, if we do this based on my foundational program or my foundational philosophy of how I deliver and how I help people, and with the program on top of that, we are going to work towards extraordinary outcome.
Speaker AI would say it's very rarely that it's going to be valued by you objectively less than €10,000, because it needs to be specific.
Speaker ABut that means that you have the potential of the clients who are a little bit further ahead or the leads that you meet that are a little bit further ahead.
Speaker AYou could actually sell them the exact same program with an extended one on ones together with it.
Speaker AAnd.
Speaker AAnd based on the program being the foundation and you being the coach, you could work for six months with that person and charge them between 10 and €12,000.
Speaker AAnd what do you need in order to get to that point?
Speaker AWell, you need to commit to that.
Speaker AI'm going to be the person that's going to help this person succeed.
Speaker AAnd the moment you are committing to that, you can gather as much certainty as you need to.
Speaker AJust tell them I'm going to be here.
Speaker AIf we were to just squeeze out the most important values from this episode, what would you say are the most common key cornerstones in order to be a premium coach?
Speaker AWhat is the most important things to think of?
Speaker BIt is daring to be specific.
Speaker AYeah.
Speaker BIt is daring to have an opinion about your niche, your way of doing it, and how to make sure your clients get results.
Speaker AYeah.
Speaker AAnd how others are doing it and how others are trying to do it.
Speaker ALike build.
Speaker ABuild an opinion in regards to all the different ways and why your way is the best way.
Speaker BSo get clean out the fluff and get to the specifics.
Speaker BAnd then your language, your appearance, your language, your energy you speak with and what words you come with, how con the conviction you speak with, the confidence you speak from.
Speaker AYeah.
Speaker AAnd I also want to emphasize that that can look very differently depending on the personality.
Speaker AI mean, I can have a lot of certainty and you can have a lot of certainty, and we can speak about the same thing, but it can look very differently because we need to fit it to our personality.
Speaker ASo it's not about becoming louder or aggressive or it's not about creating yourself or making yourself into something you're not.
Speaker AIt's about leveraging the skill sets you have and what does it look like when you're dead certain.
Speaker AAnd then look through your personality and figure out what that looks like.
Speaker AAnd then give that.
Speaker BYeah.
Speaker BAnd then I would say something that's very important, that is often missed and we don't speak enough about have expectations to your audience or to your avatar.
Speaker BMeaning when you're dming, when you're in chats, make sure first of all, your language from your content also goes into the DMs.
Speaker BBut ask questions like come from a place of certainty when you ask questions, dare to ask questions, ask specific questions to understand the person you're talking to.
Speaker BThe more you dare to ask specific questions, the more certain that the other person will feel about, okay, you know what you're talking about and you're confident within what you do, meaning I will trust you even more.
Speaker BSo there's a lot in how you dare to communicate, how clear you dare to communicate that you're not vague in your communication in the dm, you can be polite but not vague.
Speaker AHow do you build that specificity?
Speaker AWell, look into what are the cornerstones of what is needed?
Speaker AWhat do you need to know in order to get an idea of what it's like for this person?
Speaker AAnd it's really that simple.
Speaker AAnd it doesn't matter what niche it is.
Speaker AYou can do this even if you're a life coach that is helping people to achieve dreams or whatever.
Speaker ABe specific with what specifics are important.
Speaker BSo clearer, bolder and more you.
Speaker AYeah.
Speaker AIf you've liked this episode, don't forget to like and subscribe to this channel for another episode.
Speaker BLike and subscribe.
Speaker BAnd we'll see you next week.
Speaker AYeah.
Speaker ASam.