Deep Voice Man
5mo ago
I give folks free publicity.
Starting your coaching career can be daunting but a simple sentence can ensure success.
In Dan Henry's "Digital Millionaire Secrets," he writes: "If I could summarize how to create a $1M education business in just one word, it would be 'clarity.'" When he diagnoses a brand's chief concern, 99% of the time it is the clarity being murky.
When people buy coaching, they're really buying transformation. That is what you are selling. The hope is that you will help them close the gap from where are to the destination they desperately long for. The messaging about this must be crystal clear, not muddy. That is the only way folks will care.
The questions of what your business does and how to position it must be answered by filling the blanks in a few simple phrases.
The coaches who enjoy the fastest and most success select a specific person to help and a specific problem to solve. Your offering will have a 100x higher chance of success.
Doing this not only makes your marketing more effective, but simplifies it too. Knowing who you serve and the exact problem you solve, it's far easier to find out where they hang out, what they're into, how they talk, their hopes, dreams, and fears, etc. This allows you to get in front of them with an enticing grand slam offer that is hard to say no to.
You are able to swiftly elicit trust from prospects who immediately raise their hands and pay high prices because they feel you better understand them and their unique pain points will be addressed more than going with a generic counterpart designed for the broad, general population. No matter the product or service, customers pay more when it is tailored and customized.
I can't stress this enough. When an individual feels you're communicating directly to them, reading their mind, it touches their heart and soul because you truly get them at a deep, molecular level. The impact is powerful. That potent connection will not be forged with a boring, vague pitch designed for the masses.
In fact, the narrower your niche, the less you spend on marketing. Many coaches who get this right don't do any marketing at all.
First, the bad news: The harsh, bleak reality is there are a lot of life coaches available because it is an unregulated industry. Anyone can wake up tomorrow and call themselves a coach. With all this saturation, no one will ever take you seriously. Most life coaches struggle financially and quit.
Now, the good news: By specializing, you get to stand out from the herd, be taken more seriously, and charge more. In fact, don't call yourself a life coach. Give yourself a title that expresses your specificity. I call myself an approach coach. You'll find out why later. General life coaching is a hard sale, but specific solutions and transformations are an easier sale.
Consumers place more value on brands that do one thing only, nothing else. For them, you become the obvious choice. Not only can you charge higher fees, but concentrating on one type of person enables you to productize and scale your offering. The tinier your niche, the more money you earn. Niche and grow rich. Specificity = value.
Billionaire Entrepreneur Peter Thiel said, "When you're starting a company, you're starting small, so you want to get a large share of your market quickly." "The most successful companies make the core progression—to first dominate a specific niche and then scale to adjacent markets."
The path to being big is through being small. The most successful companies you've ever heard of like Amazon, PayPal, Meta, etc. first dominated a specific niche before expanding to adjacent markets. Let that be a lesson, your brand can pivot or expand in the future, but to gain initial traction, give one niche your undivided attention.
Attempt to find an uncontested, underserved market aka blue ocean that the big, established players are overlooking. This is a game you can win, even with fewer resources like money, fans, experience, brand name, time, staff, etc.
In business, the biggest competitive advantage is have no competition. Granted, it isn't easy to find this kind of opportunity, but when you do, go all in. Your bank account will thank you.
When your messaging to this group is sharp, consumers will choose your slingshot of precision over the brand name of Goliath because your messaging is hitting the bullseye where they want it too. Your clear, punchy messaging in the prospects' own language does all the heavy lifting.
If it weren't for niching down, there is no way an ambitious upstart can get a foothold in the industry. As you gain resources, you can expand if you wish.
Solve the dilemmas of saturation and being small (new) with separation. Being the decisive winner in a small market is the easiest business to start, grow, and the most profitable to run, while avoiding commoditization or demolition by whales.
The most successful real estate agents and investors focus on one neighborhood or zip code they know well. Sending 10,000 mailers to 1000 homes over time is more effective than sending them out to 10,000 different homeowners one time.
How does a laser get its power? Never spread yourself out too thin. You won't make money. Period. You would be a fool not to understand and apply this concept.
The proof is in the pudding. No matter what industry, specialists always earn more. Countless success stories abound of clarity earning coaches millions.
For many once-struggling coaches, executing this one tweak made all the difference. They went from the land of "No Money" to "Take My Money."
The riches are in the niches. Market deep, not wide. Be a big fish in a small pond. Get this right and you'll unlock the treasure chest of client acquisition and cash. You will be able to print cash.
It took me awhile to realize this as I wasted valuable time trying to be all things to all people to later find that no one was raising their hand. It just felt so counterintuitive,"Why would I want to shrink my opportunities?" I was suffering from a strong case of FOMO. However, I was missing out by being a generalist. When you chase two rabbits you end of with none. Learn from my mistake.
Before you begin guiding others, fill out this statement:
I help [specific group] achieve [specific result].
For reference, mine is: "I help shy recent grads easily ask women out asap."
Some recommend that the sentence be kept short, although mine is on the longer side because I wanted to add differentiators so I'm not commoditized. Emphasizing speed and ease enhances value as well.
To further make your products and services appealing, fill this one out too:
I help [specific group], achieve [specific result], without [impediment or sacrifice], by [(possibly new) method, process, etc.].
The extra words enable you handle objections upfront. For reference, mine is: "I help shy recent grads easily ask women out asap without anxiety or struggling with what say by learning game." Once I nailed it down, it made a big difference.
As you focus on one problem, you'll soon be helping clients in related areas too. As you develop strength in your chosen zone, you'll attract clients from other demographics or who have entirely different challenges.
Your exclusivity will paradoxically compel outsiders to climb over the fence. Everyone wants what they can't have. Anything that is freely available to all has lower value.
Solving a key issue, but for another demographic makes your offer feel more legitimate, reducing the perceived financial risk of purchasing it.
Investigate whether other established brands are enjoying success in your chosen area by selling books, courses, coaching, etc. This proves that people are paying money for this type of solution. Your competitors have already done your homework. Use AI for researching this too.
If you need help figuring out your customer avatar, explore your strengths, talents, skills, expertise, past accomplishments, etc. What problems are you good at solving that others find challenging? You don't have to learn or invent something new to get started. Remember, the 3 golden niches that I wrote about in previous books: health, wealth, and relationships.
Oftentimes, the most rewarding niche is the one that permits you to offer guidance to the younger version of yourself. Since you possess a deep understanding of their plight, your impact will be profound.
Now let's up the ante. Fill in the blanks of Russell Brunson's "Big Domino Statement" from his book, "Expert Secrets." Here goes:
If I can make [specific group] believe that [my or a certain method, idea, plan, etc.] is the only way to get [desired result], and the only way to do that is through [my product or service], then all objections become irrelevant, and they must invest.
That is quite a mouthful. Thankfully, this is only for you to know, not prospects. Many entrepreneurs get this wrong but when you get it right, you'll never struggle to create a webinar, paid ad, content, sales page, email, etc. The blueprint for your entire marketing strategy will be set.
Clients must first believe in a specific path, system, idea, or new opportunity will lead them to what they ultimately want before anything else, knocking down the initial domino. Afterwards, you get them to believe that your offering is the only way to achieve it, bringing down the bigger one.
Remember, always ask yourself, "What does my customer need to believe in order to buy?" Sometimes leads will already have some or all of these beliefs, so you can directly state your offer when marketing. But other times they won't, so your marketing will have to teach and inform them first.
For example, I must first teach young, introverted men that many women enjoy being approached by regular guys when it is done the right way. Since so many guys are too scared, view approaching as harassment, or don't know how to do this properly, they can have a competitive advantage by being fearless and/or skilled.
Then, and only then, do I offer my guidance to attain what I call "Nice Guy Game," the name of my 6-month coaching program. If I don't properly instill the right beliefs in prospects at the outset, they will not be interested in my offering.
Remember, as a coach, clarity is your #1 tool for success. What you sell may be great but if you don't articulate who exactly it's for, their specific ailment you cure, and what they need to believe, you're likely to fail.
I sincerely hope that I have hammered this point home into your mind, body, heart, and soul. It is truly shocking how many coaches get this wrong. Don't be one of them. Please.