Building a viable coaching practice takes time, sometimes months or years before your practice is self-sustaining. Here are some ways to supplement your income in lean times, generate money quickly when you need it, and make productive use of the extra time.
1. Take a temporary job or part-time job that still allows you time to coach clients and build your practice.
It generates income, but also extends your reach. You'll meet new people who might need your coaching services Everyone's curious about temps! You'll also get a taste of different offices which will make you a better coach in the long run.
2. Have sources of passive revenue -- tapes, ebooks, Internet courses.
Run a special. If they buy in the next two weeks, they get half price. Give a Bonus -- buy one, get one free.
3. Make a push for referrals. Offer a bonus for referrals.
We so often forget to ask our current clients to recommend us to their friends! You should always be working
Susan Dunn is a personal and professional development coach. mailto:sdunn@susandunn.cc for FREE ezine. Visit her on the web at www.susandunn.cc
