6 things experienced professionals need to give up, to start their own online coaching business

Have you ever thought of starting an online coaching business, but each time you keep coming up with an excuse to push it forward? Wake up and smell the coffee. Excuses – This is why you don’t have your own online coaching business today!

Sure, starting any new business or project may generate a feeling of apprehension. But if you keep coming up with excuses not to start and be free from the vulnerabilities of your 9-5 job, you won’t be able to live the life you have always dreamed about.

As an experienced professional, here are 6 excuses you should give up, to start your online coaching business.

#1.Not enough time

I have often heard senior managers say, “If you work where I work, by the time you struggle home, it’s late; just to take a bite of food, and catch a little TV. I don’t have enough time left to do all that”!
True, between all the things you ‘should’ be doing and the professional demands on your time; it does appear there is hardly any time left in the day. The thing is, there is a way out: try a better use of your time. For example, as you commute daily, you listen to the newspaper reviews on the radio, and you catch some “Aficamagic TV time” after the close of work!  Instead, if you would listen to relevant CDs in your car, you will be well ahead on your dream to start online coaching in a few months – without any particular sense of stress or strain! 

#2. The competition is too much

I read a line that says everything is competitive. Real estate is competitive, being a farmer is competitive, being a writer is competitive, and being in paid employment is competitive! So, waiting around for a business to be non-competitive will be like waiting for eternity.
 The thing is to create an online course that provides the learning experiences that your audience seeks.  And this will bring you more business and referrals. Another thing is, the online market actually has room for many winners – and your competition and yourself can actually be successful.

#3. Don’t understand techy stuff

Another excuse is that you have to be techy to start an online coaching business. It’s no wonder many entrepreneurs and professional firms still use the traditional public email addresses like yahoo, Gmail, outlook, as their business email addresses. You are probably using the same…
When I was planning to start my online coaching business, people spread these same myths around, “You have to be techy to own online business”, “The online business is for young people”!
Not true! I have since launched a thriving online coaching business, complete with an online school, MH B-School! And when I mentioned this to a friend, he was not quite sure he heard me right: “did you say you now own an online school?”
The truth is, basic techy skills are now easy to learn, and designs are now more user-friendly than ever. 

#4.Not good at selling 

You don’t have to be an expert at sales to successfully sell online. Stories abound of people who were poor at sales but turned out to be successful online business owners. To be sure, many online sales techniques are readily available, to help you sell online.

#5.The economy is weak

With growing business foreclosure rates, unemployment, and the low consumer demand that is going on at the moment, another excuse we tend to hear these days is that the economy is bad.
“This is not the time to invest”. “What if lose everything?” “This is the time to seat down look until the recession subsides”.
Sure, the economy does have an effect on the local market, but things are different in the online market. Operating across national boundaries, there is an infinite amount of customers and clients you can reach, in the online coaching market. The key to making sure your online business does well in the economy is to think more about quality, about identifying your ideal clients, their needs and pain points, and choosing a business idea that addresses those needs.

 #6.Waiting for things to be perfect

Nothing will ever be perfect, no matter how much you try. Instead, lots of business opportunities will be lost if you wait for everything to be right before you start. So, you don’t have to wait for things to be perfect before you start; you can start now, and keep improving to become big.

The thing is that you will have to give up some of these excuses in order to start your first online business. And I challenge you to do that! 

Can you think of other excuses that are keeping people from launching their own business? I like to hear from you.

For additional resources, request for “THE EXPERIENCED PROFESSIONAL ONLINE COACHING CHECKLIST” from the side bar of this page

Regards
Mike

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