96% of coaches fail.
Speaker ALet's talk about why that is.
Speaker BSo today we're going to talk about the 10 rules of becoming successful.
Speaker BWe actually put them all together into our ten commandments that we work with and work by.
Speaker BBut I also think they're really interesting to take a look at because I think some people would actually feel overwhelmed, some will feel confused.
Speaker BI also think some people will actually be an eye opener that they're probably not following all ten Commandments and this is why they are currently struggling in their business.
Speaker AYeah.
Speaker AAnd like, so we've created this with the experience of working with more than 800 coaches intensively and help them to really launch their businesses while observing the marketplace, making sure that we understand so what's going on out there.
Speaker ABecause obviously the statistics for someone who works with coaches or for someone who works with businesses, we change that statistic because there are also stuff that the 4% do that makes them successful.
Speaker ASo the Ten Commandments, if we can make sure to follow these.
Speaker BYeah.
Speaker AThen we, we become one of the 4% rather than one of the 96.
Speaker ACorrect.
Speaker AThat's, that's where we're coming from.
Speaker ANice.
Speaker BAnd so I think we're addressing the coaches who really want to have a scaling business.
Speaker BThat would mean that the people who want to probably not just be able to pay their bills and have one, two clients here and there, but those people who actually want to have a business that can support a lifestyle with freedom and opportunities.
Speaker AYeah.
Speaker AAnd to start with, just being in one of the 4%, if we're talking about the lowest tier of those 4% is being able to take a sav salary and not have a job on the side, you know, being able to provide for yourself.
Speaker AAnd then when we can do that, we talk about.
Speaker AOkay, so what lifestyle do I want to create?
Speaker AAbsolutely.
Speaker BGreat.
Speaker BLet's take the first one.
Speaker BI have the list here.
Speaker BSo I'll go through them and let's have a chat.
Speaker BSo the first one, thou shalt get paid.
Speaker BYou should charge for coaching.
Speaker BAnd it's really weird that we need to say that, but we met a lot of people who are struggling to be charged and who are setting up payment plans that are ridiculously long and with ridiculously low payments.
Speaker AYeah.
Speaker ABut it's also the foundation, like when we are speaking to our, our coaches and when we are, when we are helping them out, if we don't have the focus on the right things, we're definitely going to focus on the wrong things.
Speaker AAnd like one of the things that we have in common as coaches is that we like helping people and we get so conditioned in helping people so we kind of forget the business foundation of it and thou shalt get paid.
Speaker AJust bringing the focus to.
Speaker AWe need to make sure that we're both charging and we're charging fairly and we're doing it continuously or consistently so that we make money every month.
Speaker ABecause if we're not making money every month then we're going to struggle.
Speaker BAnd I also believe it's a lot about like we get into the point of oh, I need that client and I need that client to an extent that I'm willing to suffer myself.
Speaker AYeah.
Speaker AYeah.
Speaker ASo I'm going to sell this ultra ultra sheep or I'm going to do a payment plan over 4 million months and then we're going to live to the end of universe's existence.
Speaker BYeah.
Speaker BSo let's go to number two.
Speaker BThou shalt plan and structure for success.
Speaker ASo first we need to go to the foundations of, of planning or structure.
Speaker ASo structure is the difference between hard and easy.
Speaker BYeah.
Speaker AAnd we need to acknowledge that everything is a structure for something.
Speaker ALike many people who are not doing anything to create a structure, they subconsciously create a structure for anxiety.
Speaker AYou know, we, we allow our house to fall apart and, and all of a sudden we live within our own shit and, and we get anx that identity with, with like I'm an anxious person or I'm depressed or I'm blah blah, blah.
Speaker AEverything is a structure for something.
Speaker ASo we need to create a structure for well being.
Speaker AWe need to create a structure for our work.
Speaker AWe need to make sure that we have an office station.
Speaker AWe need to make sure that we have updated our technology so that we can do what we do with, with ease and not have a problem, not need to wait on our computer to start for 15 minutes before we can get to work.
Speaker AWe need to build a structure.
Speaker AAnd when we have the structure that helps us to do our work and to execute then thing we need to plan.
Speaker AAnd we have episodes in this podcast when we're talking about planning your year, planning your weeks, making sure that we're effectively having a plan and a goal of what is it that I'm going to do right now in order to take my next couple of steps in my coaching business.
Speaker AAnd when we're doing that, we need to realize that if I don't know what will move my business forward the most this week or preferably even today, then we don't have the structure that helps us to get success.
Speaker BIf we don't have a clear plan for our marketing.
Speaker BWe probably just like throwing spaghetti on the wall, hoping that we'll get some.
Speaker BCL is like just taking charge of the business.
Speaker BAnd if we're not taking charge of the business, well, no one else will do it.
Speaker BWe won't have the business.
Speaker BAt least we won't have the business that will give us what we want.
Speaker BLet's go to the next one.
Speaker BThou shalt create faster results.
Speaker BI think that's interesting because I believe this would divide the audience a little bit because there'll be a lot of people who get immediately get stuck into the limiting belief of yeah, but you shouldn't be pushing yourself or pressuring anything through.
Speaker BYou need to have the work life balance as well as we have the other group of people saying, yeah, of course, of course you should get.
Speaker BI want fast results.
Speaker BAnd so I think this one divides a little bit.
Speaker BWhat does it actually mean?
Speaker BIt means that if you want to become successful, you should not be okay with things taking a long time.
Speaker BYou should not be okay with not moving the needle, like just accepting where we are at.
Speaker BIt's not a success mindset.
Speaker BI would say it's okay.
Speaker BOf course, I'm not here to judge anyone by doing it, but maybe I should just acknowledge, what is it I really want?
Speaker BDo I want to become successful or do I want to play really safe?
Speaker BDo I want to feel secure and safe and all of that?
Speaker BBecause it's not about burning out.
Speaker BLike, wanting results fast is not equal.
Speaker BI want to burn out.
Speaker BIt means that you have a hunger drive that wants to move the business forward and not having it like going at a standstill or to slow steps.
Speaker BBecause if you're not looking to drive your business forward, you're never going to get momentum.
Speaker BIt just like working too slow, the machinery.
Speaker BSo you never get to that momentum where everything will shift for you.
Speaker AYeah.
Speaker AAnd that boils down to it's not about pushing it.
Speaker AOr I usually say, we're not here to force basketballs through garden hoses.
Speaker AAnd to me, that's a good analogy because no one sits in there like, okay, I'm going to push myself and I hope I don't burn out.
Speaker AIt's rather going to be that they're going to sit with a problem or a behavioral trait that is consistent that they need to acknowledge.
Speaker ASo what that means is that if we are perfectionist, then we need to be aware of that.
Speaker AI'm putting too much time into every detail and I need to take a step back because if something is going to burn you out, it's that.
Speaker ABecause it doesn't need to be perfect.
Speaker AWe're looking for 85% and that takes 15% of the time to create.
Speaker AIf you're going for 100% of the time, we're literally going to work six times longer in order to achieve that.
Speaker ASo perfectionism dangerous.
Speaker BYeah.
Speaker AAnother thing is shiny objects.
Speaker AWe're consistently changing strategy, running for something else.
Speaker AThou shalt get fast results.
Speaker AAnd I just need to acknowledge thou shalt like, let's play with it.
Speaker AIt's nothing religious or anything else that.
Speaker ABut it's just like putting some emphasis to like, this is a commandment, this is something important and we need to follow it.
Speaker AThou shalt get fast results is all about making sure that we are focusing on the right things.
Speaker AAnd it comes with plan and structure and it comes with making sure that we grow into a that works effectively so that we can have that work life balance.
Speaker AAnd sometimes in order to obtain balance, we need to be out of balance.
Speaker ASo we need to grow with figuring out how do I become a person that can.
Speaker ACan do this.
Speaker BYeah.
Speaker AAnd five second share, five years ago or 10 years ago is probably more accurate.
Speaker AI wasn't anywhere close to as efficient as I am today because I was a perfectionist, because I was kind of running around looking for shiny objects and shortcuts.
Speaker ASo it's not that, okay, I'm doomed to fail.
Speaker AIt's.
Speaker AYou're not, but you're doomed to not succeed until you grow.
Speaker BYeah.
Speaker ASo fast results isn't about working harder.
Speaker AIt's about working smarter, doing the right things, becoming efficient.
Speaker BAs an owner, I love, I love that you take that in because, like, the more time we put in, the more time we have to procrastinate, the more time we have to have the perfectionist being in the way.
Speaker BWe need to work against that.
Speaker BThou shalt make an impact.
Speaker AI bet all coaches that I haven't met yet loves this as much as all coaches who have met already.
Speaker AThou shalt make an impact.
Speaker AWe need to realize that we are taking it upon ourselves to make an impact within the niche or within the marketplace where we have decided and it comes with a responsibility.
Speaker ASo we need to remind ourselves that, hey, I am here to create an impact.
Speaker AI'm actually here to do something big.
Speaker AI'm here on a mission.
Speaker AI'm not here just because I didn't have anything else to do today.
Speaker AAnd reminding ourselves that we're here to make an impact and making an impact is Working for that impact and allowing our mission to be fueled and our purpose through that be fueled as well so that we can have passion in what we are doing.
Speaker BYeah.
Speaker AAnd sometimes that's going to be very, very clear and easy.
Speaker AAnd sometimes we need to remind ourselves and get ourselves back to that point.
Speaker BI think it's interesting because impact.
Speaker BWhat does that actually mean?
Speaker BBecause it's both an horizontal, like how many different people I will make an impact to, but it's also like the.
Speaker ADepth of it and extend to like.
Speaker BHow much, how much impact will I make to that individual?
Speaker ATo every single person.
Speaker BYeah.
Speaker BAnd that's an interesting one because I.
Speaker BI believe like a big part of becoming successful is having a drive looking for impacting more people on a deeper level.
Speaker BMy ambition should not be like, help two people.
Speaker AI'm getting inspired by this because just as I don't want to help two people create major impact, I don't want to give a hug to 4 million people either.
Speaker BNo.
Speaker AI want to make a huge impact to everyone who comes across.
Speaker AAnd that is a creation.
Speaker BYeah.
Speaker ASo that is what we need to create.
Speaker ASuper good.
Speaker AIf we would graph this out, like I'm going to do that for our next bootcamp to graph out impact horizontally and the depth of the impact that we can create.
Speaker BYeah.
Speaker ASuper inspired.
Speaker BI think.
Speaker BYeah.
Speaker BWe can have a complete episode just about that.
Speaker BThou shall use strategies that work for your level.
Speaker AYeah.
Speaker AVery important.
Speaker AYeah, very important.
Speaker AWe just came out of a three day event with our clients.
Speaker ASo we were about 65 people who spent the weekend together working on our business, making sure that we're doing the right things, connecting to our mission and all of that and making sure that we serve people.
Speaker AWhen it comes to one of the observations that we have made that is part of why our clients are successful is because what we teach is what works on their level.
Speaker ABecause the stuff that we do today, we run ads, we have a team, we have people like reaching out to building our brand together with us.
Speaker AThat is something that we are capable of because we're like 15 years into the coaching journey, but five years in this business specifically.
Speaker AAnd if we were to teach that to our clients, it would kill them in a week.
Speaker BYeah.
Speaker ASo we need to make sure that we are doing what's working with the level of.
Speaker AOf income that I'm getting with the level of experience that I have.
Speaker BYeah.
Speaker ABecause most coaches help people like.
Speaker AYeah, you run ads and you run ads to book a call page or if not a book a call page, it's it's vsl, it's a video where they can pitch something or it's an event that is automated or anything like that.
Speaker AAnd the problem for a new coach is that's never going to work.
Speaker BYeah.
Speaker BSo what is important is that most business coaches teach what they're currently doing, which means that they should be teaching people who are about on the same stage or level that they are.
Speaker BMaybe one level less.
Speaker BBut the problem is that if you have startup coaches copying someone who's way ahead, no way inhaled, it will work for them.
Speaker BAnd also the other way, if you have a coach teaching on a too low level for where you're at, you have no progress at all.
Speaker ASo important.
Speaker BSo we need to recognize it.
Speaker BIt's not bad, it's not good.
Speaker BIt's just the level I'm at and do the things that is how we get to the next level.
Speaker BIt means like looking at what's the level I'm at, how much do I know about my audience, how big is my team?
Speaker BIs it a one person show or is it like a full team?
Speaker BWhat is the hands I have, what is the resources, how much money do I have on my bank account, what resources do I have available and what is my skill set?
Speaker BWhat do I actually know?
Speaker BWhat can I actually do with the skill sets that is in, in my complete organization?
Speaker BSo all of that is like setting you to a level you're at.
Speaker BAnd in order for you to get to the next level you need to have the, the next level strategies that will get you to that level.
Speaker BBut you can't do strategies that is like 10 levels above.
Speaker BYou can't do strategies below because you'd be stuck.
Speaker BYeah.
Speaker AAnd I would also like to say that you're one of the best people that I know to, to kind of break that out and figure out.
Speaker ASo what are we going to do on a strategic level to make sure that the stuff, the action items and the tactics that you're doing is going to work for super, super good.
Speaker BReally great.
Speaker BAnd thank you.
Speaker BThou shall understand your numbers.
Speaker AYeah, yeah.
Speaker ASo important and also always forgotten because again coaches like helping people.
Speaker AAnd the biggest limiting belief that I hear is that I don't know numbers.
Speaker AI don't understand numbers.
Speaker AEvery time someone says numbers I get confused.
Speaker AAnd what we need to understand is that numbers is the language of business.
Speaker AAnd Keith Cunningham said this to me in an event like long ago.
Speaker ALike if you, if you don't realize that number is the language of business, you're not going to be able to speak business.
Speaker AAnd you're not going to be able to read your business because knowing your numbers is like all the data, everything that you can learn is from the numbers that you're producing.
Speaker ASo let's say a hundred people raises their hand and says, kind of like, hey, Sanny, I'm interested in what you're doing.
Speaker AAnd then you're building relationships with these a hundred people.
Speaker AYou're.
Speaker AYou're getting close to them, and on the other side, you get five clients.
Speaker AIt didn't just magically happen.
Speaker BNo, it's not.
Speaker BI got five clients.
Speaker ANo, exactly.
Speaker AThere are so many things that have happened.
Speaker BYeah.
Speaker ASo how did they show interest?
Speaker AHow many did show interest?
Speaker AWhat were the next step?
Speaker AAnd when I gave my first offer of maybe a free training or maybe of something that.
Speaker AThat could have them and give them an insight of what it is that we're doing or what you're doing.
Speaker AAnd then we would need to figure out how many did we send that to?
Speaker AAnd then the next step would be what were their response rates?
Speaker AAnd then how many booked a call?
Speaker ABecause out of a hundred people, maybe just seven booked a call, and then you got five Cl.
Speaker AThen we need to understand, okay, so the people who booked a call but they didn't buy, we need to be able to read through that as well.
Speaker ASo we're talking about KPIs, and that's on the marketing part of it.
Speaker ABut then there is on the business part of it.
Speaker AWe need to be able to understand that first comes sales.
Speaker AWe need to focus on sales.
Speaker AAnd when we have sales going, we need to focus on revenue.
Speaker AWhen we have revenue going, we need to focus on cash collected.
Speaker AWhen we have cash collected, we need to focus on profit.
Speaker AWhen we have profit, we need to focus on wealth.
Speaker ASo how do we create that step by step?
Speaker AAnd what does it feel like in every level?
Speaker AAnd how can I break that out so that I always have, like, a perfect understanding of it?
Speaker AWe do have episodes in our podcast where we talk about breaking down numbers and stuff.
Speaker BSo I actually had a chat last week with a former client just to check in and say, hey, how's it going?
Speaker BOh, it's going so great.
Speaker BAmazing.
Speaker BSo what does that mean?
Speaker BLike, what's your next level?
Speaker BWell, I want to get to this level.
Speaker BGreat.
Speaker BSo I had a very clear, this is the level I want to get to.
Speaker BGreat.
Speaker BSo what's the problem right now to get that?
Speaker BWhat's your biggest concern?
Speaker BLike, where's your focus?
Speaker BWell, I think it's sales.
Speaker BOkay.
Speaker BGreat.
Speaker BSo if it's sales, for me, that means that you're getting the leads and it means that you are getting sales calls, but you're not converting.
Speaker BSo.
Speaker BGreat.
Speaker BSo how many sales calls did you book last week and what's your conversion rate?
Speaker BWell, I didn't.
Speaker BSo it wasn't about sales.
Speaker BIt was literally about something completely different.
Speaker BThen she said, well, I don't really know because I don't track my numbers.
Speaker BSee, the problem is if we do not track the right numbers, we are looking to fix our business in the wrong place.
Speaker BI mean, never fix the right thing.
Speaker BThou shalt scale.
Speaker BYeah, I think it's kind of connecting to some of the other ones.
Speaker BI know some people say no, but I'm not here for scaling, I'm not here for money.
Speaker BMaybe this is not the right audience for us then.
Speaker BBut I believe that if you want to become successful, you need to have a scale mindset, because what's about.
Speaker BIt's about growth.
Speaker BIt's about having a need to grow, having.
Speaker BReaching the next level.
Speaker BFor me, that's about curiosity.
Speaker BWhat is the next level like?
Speaker BLike what?
Speaker BScaling is improving, making more, making greater, making better.
Speaker AYeah.
Speaker AThou shalt make a bigger impact.
Speaker AIt's the same.
Speaker ASo thou shalt make a bigger impact.
Speaker ALet's say that that is this perspective and thou shalt scale.
Speaker AIt's this perspective.
Speaker AWe're just looking at it from two different perspectives.
Speaker AWhen we're looking at scaling now, the definition of scaling is, number one, that we're either getting the same result with less effort or that we're putting in the same effort, getting a bigger result.
Speaker BYes.
Speaker AAnd everything that isn't that is growth.
Speaker AAnd what it really boils down to is building simplicity, because we need simplicity in order for us to be able to control the narratives and the numbers and all of it.
Speaker ASo even if you want a business that is doing, let's say, 150, €200,000 a year, then you still need to scale.
Speaker AYou still need to make it profitable in a way so that it's.
Speaker AIt's simple.
Speaker ABecause otherwise you're going to spend your resources in an ineffective way.
Speaker AAnd if you don't want to burn out, then guess what?
Speaker AYou need to scale.
Speaker BLove that.
Speaker BHow should become 1% better than yesterday?
Speaker AOh, Jesus Christ.
Speaker AYeah, and that's like one of my favorites, 1% better than yesterday.
Speaker AIt's.
Speaker AIt's like, it's what our business academy says.
Speaker AOne percent better than yesterday.
Speaker AIt's all you need, because the compounding effect of.
Speaker AOf 1% better than yesterday is going to make you amazing.
Speaker AAnd it's also.
Speaker AIt's so shining a light on.
Speaker AYou don't need more, you always need to become 1% better.
Speaker A1% better at coaching, 1% better at selling, 1% better at marketing, doing content, reaching out, building relationships, being visible.
Speaker B1% better.
Speaker BThat's all it takes.
Speaker AYeah.
Speaker BMake it fun.
Speaker AI have never heard it from anyone else when I started, but it's what I've said since day one.
Speaker AI remember my first challenge that I did with my first people, my first clients that bought my coaching.
Speaker AIf you're going to build a business, you need to make it fun.
Speaker ABecause if it isn't fun, you are not going to do.
Speaker BExactly.
Speaker AAnd it's not going to become fun on its by itself.
Speaker AWe need to create that.
Speaker ASo we need to find different ways of playing with it.
Speaker AThat's why thou shalt.
Speaker AI mean, it's playing with it, it's.
Speaker BHaving fun with it and it's make it fun.
Speaker BSo it's about being cause instead of being effect.
Speaker BIt's not fun, it's boring.
Speaker BIt's up to you to decide and then make it fun.
Speaker AHow are you going through all the other stuff in the.
Speaker AIn your life that aren't fun?
Speaker ADoing the dishes, vacuuming.
Speaker AI mean, put some headphones on, dance a little bit like you sing something.
Speaker AYou have your different kind of gateways into making it fun.
Speaker AMake it fun.
Speaker BExactly.
Speaker BLast one.
Speaker BThou shalt give massive value in public still in private.
Speaker BAnd I know we could do this in a complete one podcast episode, but it's about not being spammy.
Speaker BIt's about not doing silly stuff.
Speaker BIt's about being able to attract people by value.
Speaker AYeah.
Speaker BAnd understand the selling process is not something that you go on in your content.
Speaker BIt's not something that goes on the top of funnel sales is a private thing between you and the person and the business.
Speaker BSo that becomes a very private individual journey that we're not doing in public in our content.
Speaker BBecause your content will be.
Speaker AYeah, people will.
Speaker APeople move away from you.
Speaker AIf everything is a pitch fest, no one wants to do that.
Speaker ANo one buys coaching for the sake of having a friend or someone to talk to.
Speaker ASomeone buys coaching for a reason.
Speaker AThey want to achieve something, they want to result.
Speaker ASo we need to come from that perspective.
Speaker AAnd in order for someone to buy anything from anyone ever is that we need to understand.
Speaker AUnderstand the principle that every sale that happens is based on a relationship.
Speaker ASo we need to build relationships.
Speaker AAnd if we're selling to people without a relationship, they're going to feel like, you have no idea who I am.
Speaker AEven if it's the perfect fit, even if I really want that.
Speaker APeople doesn't like being sold to.
Speaker APeople love buying.
Speaker BYeah.
Speaker ASo if we can be really great at building relationships, then we can sell as much as we want.
Speaker AAnd it's really, really important to really understand and realize that selling in private means that we need to build a private.
Speaker AIf we have a Facebook group that's somewhat private, we can a little more intimate, but not all flat out like, hey, buy my thing.
Speaker ABut we can talk about the subject on a deeper level.
Speaker ABut if we are in our public social media, then we're going to push our audience away.
Speaker ALet's wrap this up.
Speaker BLet's wrap it up.
Speaker BI think we good 10 rules that will make you successful.
Speaker BI'm curious.
Speaker BComment below.
Speaker BWhich one did you like or which one did you need to hear right now?
Speaker AAnd which one stands out to you and which one confuses you?
Speaker AWhich one would you like to know more about?
Speaker AThese 10 steps are the reason to why we have become successful the way we have and also our clients.
Speaker ASo yeah, let us know and follow.
Speaker BSubscribe on this to get the next episode and make sure you follow us on our Instagram.
Speaker BYou'll get the link down below.
Speaker AA new episode every Wednesday.
Speaker ATake care, coaches.
Speaker ABye.
Speaker BIt.