Use the Wheel of Life for Your Coaching Business

Remember the Wheel of Life? You might have used this classic coaching tool with your clients, but have you ever thought of creating one for your business? Most entrepreneurs struggle to keep all the balls in the air at once. The Wheel of Life can help.

To set up the sections of your wheel, name the aspects of your business that deserve consistent attention. Be honest with yourself. Don’t leave an activity off your wheel because you find it scary or unpleasant. Your wheel should cover at least these eight aspects (though your language may vary):

Wheel of Life for Your Coaching Business

 

Building Awareness

To build brand awareness, get “out there” frequently through various channels – networking, social networking, speaking, connect calls – wherever your target audience gathers. Create a buzz, and an assurance that you’re here to stay.

Connecting

Connect one-to-one or one-to-many with individuals in your target audience, and with spheres of influence. Get to know and understand them, create trust while you grow your list.

Promoting

Be a bold and transparent promoter of your programs, by delivering a valuable taste of the transformation you provide your target audience in lively experiences. Hint: deliver something they know they really want!

Enrolling

Set up enrolling conversations and moments during your events that funnel ideal clients into your programs.

Serving Clients

Deliver value and foster your clients’ transformation. Stay present to your clients and what they really want. Keep relationships with past clients warm too.

Implementation

Deliberately reach out for new knowledge and skills when needed, and then fully apply what you’ve learned as soon as possible.

Innovation

This is the R&D section. Create new concepts and new content, such as blogs, products and programs. Design new experiences and programs for your target audience. Give yourself a target launch date and get your product to market quickly rather than perfectly.

Infrastructure

Create and maintain easy systems, savvy teams, and powerful partners, as the bones that support your whole enterprise and you.

How Round Is Your Wheel?

Take a moment right now and give each of these eight areas consideration. On a scale of 1-10, how much energy are you giving each aspect? What desperately needs attention and what can ride for a while on the energy you’ve already given it?

Most of us put most of our time into two or three areas because we favor our strengths, or what’s easiest right now. But if the rest of the wheel is always neglected, it will slow you down like a car with a flat tire, whether you have an established business or you’re just getting started.

The idea isn’t to give your max to every section of the wheel until you drop from exhaustion. The idea is to occasionally take a step back and see what’s getting all the juice, then make adjustments. Develop some powerful habits into a regimen that feels balanced to you for now. Then review every month or so to see if those habits are giving you the return you want.

Keeping the Wheel Balanced

Time blocking is a great way to intentionally give energy to more sections of the wheel. For example, my ideal biz week consists of 6 hours on Monday, Tuesday and Wednesday and 4 hours on Thursday. I like to take Thursday afternoon and Fridays away from my office. If I focus my schedule and energy in that 22 hours, I can get massive stuff done and make a big impact that translates to increased revenue and great relationships.

My average week is spent this way:

  • 6 hours of client support activities
  • 6 hours in connecting and brand building activities
  • 4 hours in promoting and enrolling activities
  • 2 hours in infrastructure – maintaining systems and team building
  • 4 hours in learning, implementation and developing new offers

Any given week flexes a bit. For example, after a new program launches, client service expands. When I discover a new tool like Google+, learning expands for a few weeks as I incorporate new habits. Or, if I purchase a new system like Infusionsoft, infrastructure and team management takes more time that month. When I’m in a launch period, I work more hours. But aiming to consistently impact all sections of the wheel keeps it round and moving my business forward s-m-o-o-t-h-l-y.

By the way, I purposely didn’t include self care,  spirituality or family, because that’s a different wheel for me. I incorporate it all into my daily habits and allow it to influence what I create in my business.

What regimen works best for you and keeps you balancing a healthy biz? Share any other sections your wheel would have in the comments below.

  • Thanks Rhonda for sharing this wheel of life for the coaching business. That’s a very wholistic way of making our coaching business world go “round”. I will share this with my colleagues.

  • Regina

    Thanks Ronda, this is very helpful. I am working on my own wheel now. It supports me to clarify what my sections are and how I want to balance them.

    • Love it, Regina! Care to share what specific titles you’ve given to the sections of your wheel?

      • Regina Schlager

        Hi Rhonda, I love to share the sections I have come up with. I made it one of my high payoff actions today to work on the wheel. Now I feel that I have made a huge step forward. I also created an excel sheet with these business aspects and what is included in each of it, and I am working on the time I allocate to each element of the sections.

        My section titles are:
        –    Attracting new prospects (one of the items in here is my website, which is one of my priorities this month)
        –    Relationship building
        –    Complimentary sessions (from invitations to enrolling)
        –    Foundation & Strategy
        –    Infrastructure & Support structures
        –    Learning (including implementation)
        –    Innovation
        –    Serving Clients

        It is good to combine this with planning my priorities until September, which is one of my important tasks for tomorrow.

        Thanks again, I have definitely built momentum.

        • Woohoo! Congrats on your High Payoff Action (HPA). Keep that up every day and you’ll be amazed how fast you progress and your business grows.

          Love these sections for your Biz Wheel too.

          Momentum is how we roll!

  • Serena

    Hi Rhonda, just wondering how does one let clients know that the coach is going out of business?  Thanks!

    • Hi Serena. Send out an email to past clients, tell current clients by phone, and then just shut down your website and let any peers / promotional partners know you’re moving on in easiest way for you.

      Many Blessings on whatever’s next for you!

  • Rhonda, great idea and well explained. By reading your article I realized that I have to specify my target group and the benefit they get from me. Thanks!

    • It’s a huge transformation for your business and income when you focus in — specializing on a target group and becoming their “champion”. Your business matures and the rewards are significant — allies coming out of the woodwork to help promote you, more referrals, commanding higher fees. And you become known for your specialty so people want to interview you, have you speak to their groups etc.