Ep 140 – What’s Missing From Your Coaching Niche?

This episode is a refresher about what components are needed for a strategic coaching niche — one that will bring you clients who are inspired to invest and engage fully.

Look, I know this whole niche thing is aggravating. And that’s because it’s complex and it takes a few mindset shifts to approach this decision intelligently.

Simplifying this complex thing is my super power. I help coaches strategically develop a smart and profitable coaching niche and build their entire business foundation around that.

That’s my niche because I’ve seen too many coaches throw up a coaching business, website and all, without thinking it all the way through. And then the business only works well enough to keep you struggling but not to earn well.

Partially creating a niche is like building a new house without a foundation.

Think about it. If the foundation is good, the house is solid and secure. It will last. If the foundation is non-existent or poor, the house is not long for this world. It’s flimsy.

You may know that flimsy feeling in your coaching business but not know what to do about it.

That flimsy feeling is like this … you don’t know exactly what to do every day to attract clients that pay you well.

Your Coaching Niche Idea is Not Quite Enough

When you finished coach training you may have had the seed of a good idea in mind for your niche. But you might have stopped short of fortifying it with the essential parts.

You might have felt romantic about your idea and become attached to the vagueness of it then just put up your website and started posting.

That vagueness is keeping you from earning well.

Most coaches who hire me have a good idea that’s not fully formed. They tried to make it work and it was only somewhat successful.

They are dancing on the edge of success.

I can see in that seed something valuable. And I can clearly see that it’s missing the parts that would take this good idea into the concrete world so it sustains them.

Most Coaches Only Choose a Track

Some people say that a coaching niche is the area you focus on, for example:

  • Health and Wellness
  • Relationship
  • Career
  • Business or entrepreneurship
  • Executive or Corporate Leadership
  • Spirituality

See, to me, these are not quite niches. They are coaching tracks — a seed of an idea. You might have taken coach training in one of these areas and that training WILL be very valuable to you and your clients.

However, alone that is not a strategic niche.

A coaching track is a direction but not a destination.

If you’ve only gone so far as to choose a coaching track it won’t likely bring you a good income for 2 reasons:

  1. Because it’s selling coaching and people don’t often know they want coaching so the coach then has the hard job of having to convince people they want coaching.
  2. And also because a track is missing the specific and compelling things that would attract clients who are inspired to invest well.

Few people buy coaching for the sake of being coached. If you haven’t heard it yet, episode 7 was about this called Why Coaching is a Hard Sell.

But specific groups of people will invest in intelligent support to overcome their specific urgent problems so they can reach their most desired specific goals. A whole lot more specificity is needed.

Specialize in a Deeper Way for a Better Coaching Niche

To make one of those tracks I mentioned work, you need to further specialize:

  • Specialize in a specific narrow audience.
  • Specialize in a specific outcome they struggle to achieve.

And don’t just leave it there. Do research. Find out exactly what their most acute challenges are on the way to that specific goal. Use their language to describe it.

When your website, your weekly content and daily posting all speak directly to those things then you’ll inspire that audience to invest highly in your support. As you stay congruent, you leverage all your efforts and your income grows exponentially.

For example, a wellness coach might focus on weight loss, or a relationship coach might focus on dating.

It’s smart because it speaks to a specific PROBLEM people have in that track. If you’ve specialized on a certain problem, take an additional step and target a unique audience.

Let’s say you are a relationship coach and you’ve decided to specialize in dating. So far so good. Now go deeper … focus in more narrowly.

For example, focus on helping single parents with dating. That’s a strategic niche! Do you see how with that degree of narrowing you can hone in on the very unique set of challenges and goals this audience has?

They have to consider their kids in every aspect of dating and also as the relationship grows.

So don’t call yourself a relationship coach and coach about all relationships. Don’t call yourself a dating coach and coach about all dating. Instead develop a Signature Program designed just for a specific audience with specific challenges as it relates to dating. Be specific!

Getting Attention is Job #1 for Coaches

We live in a too busy and highly distracted world. So your message will only snap people to attention IF it’s highly relevant and to be relevant it has to be specific.

If you haven’t chosen a track yet, don’t worry about it. You can actually skip over that part.

Instead target an audience that’s easy for you to find and connect with, find out what they want so much they’d be willing to invest significantly in your help to get it.

Coaches serve people. That’s why your coaching niche should begin with the unique audience you serve and their real problems. You’ll be amazed how it can change your day to day as well as setting you up for long term success and incredible opportunities.

Ep 129 – The Single Most Important Thing About Your Coaching Lead Magnet

This is the final episode in the series about lead magnets. Coaches have told me they are getting a lot of value from this series, so listen to the whole thing.

I’ve been promising you a downloadable assessment to test your own free offer. Well it’s finally time for you to grab How to Make Your Free Offer Irresistible.

In this short episode I’ll reveal what inspires your audience on your coaching website to opt in for your lead magnet.

So … the single most important thing about your lead magnet is the title.

Of course, your freebie should be valuable, but the title you give it may make or break your leads list development because it’s likely to be the deciding factor whether someone will bother to opt-in and read it.

Look, unless you have trained in marketing you’re probably not that good at titling — whether it’s your free download or a blog or a podcast episode.

Titling is an art and it takes practice to wordsmith in a way that motivates people to take action. It took me years to learn this.

The biggest secret about titling is to RAISE CURIOSITY. Not what you thought, right?

Take the title of this episode — The Single Most Important Thing About Your Coaching Lead Magnet. It inspired you to action. You decided to listen to this episode.

Notice that I didn’t give away what that single most important thing is in the title. That’s the big mistake most coaches make in titling.

I could have titled this episode: How to Title Your Lead Magnet. Not a horrible title but it is super dull.

Now, you do need to give some idea what your lead magnet is about in the title but you can be somewhat cagey about it. I encourage my VIP clients to take their unique benefit statement and slightly alter it into a title for their freebie.

Why? Because their Benefit Statement describes the big problem they help their clients overcome and/or the ultimate outcome their audience wants.

For example, my Benefit Statement is:

Helping coaches earn more and market less by choosing a highly profitable niche they’ll love.

Choosing a profitable niche is a BIG problem for all new coaches. And, all coaches want to earn more and market less.

So my own freebie title mirrors my benefit statement:

5 Secrets to Choose a Highly Profitable Coaching Niche You’ll Love

See how that works?

3 More Things Your Coaching Lead Magnet Title Needs

So you want to start by raising curiosity. There are four other things that are helpful:

  1. Numbers in titles have been proven to increase interest.
  2. Name or imply your target audience in the title. The phrase “Coaching Niche” makes it clear I’m talking to coaches.
  3. Name the basic topic without making it dull.

If you’re following my guidance in this podcast series for creating your lead magnet you’ll first design your Signature Program, then create a free offer that pre-qualifies and pre-sells your audience to buy that program by having the freebie organize around your VIP offer.

I know, this is bit complex.  But there’s method to this madness. See I’ve learned that congruence and relevance are what help you attract clients.

So take a look at your lead magnet title now. Does it raise curiosity? Does it mirror your benefit statement and Signature Program? Don’t forget to grab your copy of How to Make Your Free Offer Irresistible so you can assess how your lead magnet stacks up and a client winner.

Ep 99 – What Coaching Clients Want Versus What You Think They Need

This episode is short and part of the series called Smart & Profitable Coaching Niches. If you’re new to this podcast and struggling to determine a strategic coaching niche, this series is for you. Check out all the episodes in this series at prosperouscoach.com/niche.

There’s something I hear nearly all new coaches say … they say “there’s a real need for that niche” or “that audience really needs help with this”. If I’m their business coach I encourage them to think differently.

Shift from Tracking Needs to Tracking Wants

In the world of attraction, wants are more compelling than needs with few exceptions. So instead of thinking about a person’s or a group’s needs, think instead about their wants – the desire that compel them to action.

All people have needs. And as newly trained coaches we have a heightened sense of this.

But not all people are seekers — people who do invest in their own personal or professional growth. Seekers are people with urgent WANTS. They want something and they are willing to pay well for help to achieve it.

Coaches are seekers. But that’s just an example to help you realize what a seeker is about. I don’t recommend new coaches target other coaches as clients. It’s a much over marketed to audience.

You want an audience that helps you stand out in the crowd of coaches and other people trying to attract attention.

So choosing a niche starts with choosing a viable audience — one that’s full of seekers, is narrow enough to help you stand out and has a BIG problem they WANT to solve.

It may seem like semantics or that I’m splitting hairs but bear with me …

A seeker tends to be social in the sense that they care about people and want to effect positive change in the lives of others. A seeker likes to grow and develop from the inside out. They place a high value on personal evolution – becoming better is some way such as more intelligent, more successful, more aware, more intuitive, more authentic … happier.

Seekers tend to look outside themselves for teachers, helpers, support systems and guides to what they WANT. That’s you. You could be their support system on the way to what they most want.

So if you think – “Aha, there’s a need. I could fill that need!” You may be leading yourself astray. Because needs often run in the background and don’t drive a person to seek.

It’s the big desires that drive a person to seek and invest.

I’m not sure who said this but you may have heard it and it applies:

Sell them what they want and give them what they need.


Your marketing – which includes all of your messaging, your content, your website, your  emails, your social posts – will go further to attract attention if they hit squarely on what a group WANTS rather than what they need.

That doesn’t mean that needs don’t play into the decision to hire you. But first and consistently focus on the big wants – the ultimate desires.

The Next Episode is: How 5 Coaches Leveraged Their Coaching Niche into a Smart Podcast

Ep 70 – Attract Motivated Coaching Clients Who Will Invest

This episode is part of my Coaching Business Checkup series. This series is getting deep and that’s because sometimes you find yourself working hard but not getting traction. And, this series addresses what’s usually missing.

Today we’re digging into something that’s rarely talked about by marketing experts.

In fact it’s something that’s only recently dawned on me, even though I’ve been acting on it for a long time intuitively.

The topic is about why you only want to attract people who do have the motivation and the financial ability to hire you.

Before I go further …

How are you holding up? I know you’re scared about how Corona Virus might hurt your coaching business dreams.

I want you to know something … during 20 years in my own coaching business, the economy has crashed big time twice and other disasters have derailed the normal flow of business.

Yes, there is an adjustment period. But in each circumstance, I was surprised how in tough times, people are often MORE committed to their personal and professional growth. There’s the sense that time is precious and shouldn’t be wasted. So, where before people were stuck in their ruts and not moving, sometimes a shake up like this can wake people up and inspire action.

That’s good news for coaches. Especially because we can easily work remotely with clients.

As much as you can, accept the reality of what’s happening, take responsibility for your own part in reducing the spread, and keep your focus on what matters most to you.

If building a coaching business is important to you, stay with it, despite your worries.

  • If you haven’t launched yet and have extra time, leverage that towards time consuming tasks.
  • If you’ve already launched and things are slow, innovate. Try new things but don’t start over. Stick with your target audience and niche but pivot in small ways.
  • And consider not doing it all alone. I’m here for you. A Strategy Session where you get my full focus on what’s holding back for 90 minutes is just a click away.

Now, let’s roll with today’s episode.

The Churn

In the first 10 years or so of my coaching business the name of the game was numbers. Everyone advocated developing a big list – we’re talking tens of thousands of subscribers who would see your emails, read your blogs or experience your other content.

The idea was to drive tons of traffic to your website and have a set of low cost to mid cost offers that would attract lots of buyers responding through scarcity.

This is called the CHURN.

There are many people marketing this way.

But, as you know, I encourage coaches to consider a simple coaching business model where they offer a one-to-one high ticket Signature Program.

That way, you can keep your marketing simple, your overhead low and profits high. You can market less and have a manageable little empire.

I realized that business model isn’t for everyone. But it’s a great way to start your coaching business. And I’ve come back to it, after doing lots of intense marketing and offering so many types of programs – an exhausting way to do business.

So, listen on if you want to keep it simple and earn well doing less.

And that makes it easy to attract only the most ideal clients for you.

The 4 Top Criteria of An Ideal Coaching Client

I’ve heard many experienced coaches say what I feel myself, which is we want clients who:

  1. Are 100% committed to their own growth.
  2. Willing and ready to invest resources – time and money – into their own transformation.
  3. Are coachable, self reflective, and know their own mind.
  4. Want a thinking partner and guide to get there faster.

Now, you may think that describes most prospects, but actually, it does not. In fact, only a small percentage of prospects will jump in with both feet.

You want to attract more of those people and less of the other type.

The reason why a lot of people opt for a short term, low cost self-study online program is that they aren’t 100% IN. They have a foot out of the game. There can be some excellent reasons for that by the way.

But my point here is that you want to spend your time with people who meet those 4 top criteria.

Think about it. Wouldn’t it be grand if the people you talk to in your Discovery Sessions were already excited, ready, willing and able financially to hire you?

With each year, I have more Discovery Sessions with the people who fit those 4 criteria because I have installed strategic and authentic language and mechanisms to encourage them and to also gently discourage those that aren’t there yet or never will be.

3 Ways to Encourage Readiness

  1. BE REAL – Convey your unique style in everything you do. Be consistent. In other words, be unapologetically you, vulnerabilities and all. Over time, your tribe will emerge because they appreciate you as you are.
  2. GIVE A PERSONAL TOUCH
  3. ENGAGE THEM EMOTIONALLY

These last two are connected. This is something a lot of people in this automated world skip in their conversion processes on their website and other places. If everything is click and done then lots of people will jump in who don’t really want anything but your free stuff.

Have you ever found yourself doing too many Discovery Sessions with people who don’t have the means and motivation to hire you?

You don’t need to waste your time that way.

There’s a perfect moment in the conversion process to give prospects your personal touch where you customize a response and show you’re a real person and you understand them. It’s worth the little effort up front because you’re enrolling them into a VIP high ticket Signature Program.

By the way, in case you’re just starting to listen to Prosperous Coach Podcast, I’m referring specifically to the Simplest Coaching Business Model. This includes creating a high ticket Signature Program to help your target audience overcome a BIG problem on the way to a BIG goal.

So, instead of having a button on your website inviting a Discovery Session – which is too much too soon (it’s like inviting someone to meet your parents on a first date) – instead invite prospects to that session through your free offer.

Don’t just give them access to your calendar in your freebie. Instead, send them to your Work with page on your website to fill out an application that pre-qualifies and pre-sells them. That application needs to be strategically written.

Do you see the value of this high touch moment? You want them to invest their time before the Discovery Session to warrant your time. It’s reciprocal.

That’s how you’ll know that they are serious about working with you. If they aren’t motivated to fill out the application they aren’t likely to invest in your VIP program.

That small investment helps them put both feet in and raises their commitment to the Discovery Session. They know up front what the purpose of that session is – to assess fit. It’s simple and it takes a bit of finesse to pull off this personal touch but it’s worth it because you’ll spend a lot less time with people who are never going to invest in working with you.

In the Next Episode: Are You a Highly Sensitive Coach?

Ep 64 – How to Strategically Choose Your Coaching Niche

In my last episode I listed off 10 Ways To Be More Strategic In Your Coaching Business as an overview to my next 10 episodes.

In this episode I’m focusing on the FIRST way to be strategic in your coaching business. In other words, strategizing this step is what you do before you do anything else — website, offers, social media marketing.

What is this #1 way to be more strategic? Choose a viable coaching niche, of course.

This episode and the other 9 to follow are all part of my Coaching Business Checkup series. I will have a free downloadable Coaching Business Checkup for you at the end of this series, so stay tuned!

One Decision That Rules Them All

MBAs and business experts agree that if you niche your business in a strategic way from the get go you’ll dramatically increase your ability to succeed and sustain success.

And that’s truer than ever in this information age where there are more entrepreneurs and companies flooding the Internet with marketing messages every day.

You can’t attract clients if you can’t attract attention.

And attracting attention is mostly about standing out in some way. Standing out in your niche – what you do for whom is the easiest way to stand out.

If you want your message to get through to people who could become your clients, then you want to speak to a very specific group of people about what they care about most.

Strange isn’t it?

The more specific and focused your message is on a unique target audience and the big acute problem they face, the easier it is to engage people and build relationships of trust. And then enroll them.

You know, coaching niches are my super power.

I decided to strategically focus on this big problem for coaches 17 years ago because all around me I saw that coaches were utterly confused, frustrated, and in many cases, paralyzed by the niche decision. For many it’s what had them give up for good on their business.

So for coaches the agonizing question — WHAT IS MY NICHE? — is the most acute big problem they have. And it’s related to attracting enough clients who will invest. That’s the other acute problem coaches face.

And I know that once that niche piece is settled it opens up ease in all the steps that follow – messaging, offers, marketing – it all becomes a more graceful and intuitive process once you know your niche.

It was a smart strategy then for me to focus in on coaches — my target audience — and on the topic that’s most painful for them. I could pull in my background knowledge in marketing and my experience writing coach training curriculum and training new coaches. It’s a good fit.

I wanted to tell you how I came to my niche to illustrate the strategy behind it. It’s not rocket science but it was a thoughtful process. And that’s what strategy is.

Many coaches miss this crucial step of choosing a smart niche. It’s partly because of a misunderstanding of what makes for a successful coaching niche. And partly, it’s fear.

Can you relate to that?

  • Maybe you fear that you don’t know enough to specialize.
  • Or, you might fear narrowing to one group and excluding others. (Although exclusion isn’t really necessary because targeting an audience is about ease in marketing not exclusion or limitation of who you can have as a client.)
  • Or you might simply fear making a decision and committing to it.

All of these are understandable fears.

But here’s the thing that I remind myself of when I’m fearful. Fear rises up when you’re at an important threshold. It’s how you respond to fear and still move forward on your dream that builds courage and confidence. Moving forward decisively is the way out of fear.

What is a Coaching Niche?

A coaching niche is the intersection between a viable target audience + their biggest problem/desire + what you bring to the table to help them get there.

Let’s break this down.

  1. There’s a specific group of people who are seekers. (They do invest in their growth.)
  2. They have a big acute problem that is in the way of something they really want.
  3. You can help them solve it and reach their goals with your toolbox of talents & skills

And so, once you’ve chosen that niche, you conduct a bit of market research and then create messaging and offers that fit their top challenges and goals bringing your supportive skills and tools to the table.

Now, let me illustrate how choosing a niche can be strategic using examples of niches my recent clients have chosen with my help.

Here are two that are directly related to specific subject matter expertise or recent professional background that the coaches could leverage in their niche:

One coach helps parents empower their teen daughters to develop confidence, integrity and resilience. She has a Masters in Clinical Social Work plus experience working with teens professionally, and 3 teens of her own. Her niche is a great fit.

Another coach helps executive assistants break through the limitations of their role and advance to the next level. She has 8 years of experience as an EA and a string of promotions that rewarded her ingenuity and excellence in her roles. Her niche is a great fit.

Another coach with over 20 years experience in nursing and health care is focusing on helping nurses heal burnout and work differently.

Leveraging your recent experience or expertise is the most powerful way to niche.

But not all coaches have subject matter expertise. Instead it may be that your current life circumstances could become an ideal niche. For example:

One of my clients stumbled unexpectedly into being a father and a husband. It happens. In the thick of that he realized it’s a common and difficult experience for young men. So he’s targeting that group to help them find grounding and maturity in the upheaval. A heartful niche based on a personal context.

Another coach decided to work with women re-entering the workforce after a long gap raising children. She knows first hand the challenges that come with finding flexible, meaningful work after a big career gap. And as a bonus we realized her Ph.D. in Industrial Organizational Psychology related to employee recruitment and selection processes was a bonus point of relevance and skill related to this audience. A super helpful niche!

A client who recently turned 49 felt called to remake her life from the inside out and create an intentional journey moving toward 50. So she’s targeting women at 50 to break free and rewrite the rules of their lives. This is a personally motivated niche.

It’s rare that targeting a specific age makes for a good niche but after market research it was clear that 50 is a point in time for women that’s rife with so many physical & emotional challenges and creative yearnings. And we were able to create a transformational program for women at 50.

So you can see there are different ways to approach choosing a niche. The main thing is to think it through strategically.

Remember, don’t just sell coaching to a general audience. Instead, create a program with milestones to help a specific audience overcome specific acute challenges on the way to an ultimate goal.

That’s how you’ll become known quickly and attract a steady stream of clients who pay well.

Coaching Niches That Lack Strategy

Topical niches can be powerful if they are closely linked to a tangible outcome that a specific group has. For example, I’ve known coaches who focus on helping business owners create systems or coaches who focus expertise in something like the Enneagram to help corporate leaders master leadership in a personalized way.

But some topics bomb as a coaching niche:

  • Stress
  • Limiting Beliefs
  • Overwhelm

I’m guessing those topical niches bombed primarily because these challenges are usually chronic problems. They are challenges that people are used to living with and so they aren’t inspiring people to actively seek and invest in solutions.

All coaches can help any existing clients with things like stress, limiting beliefs and overwhelm. But in marketing messages and on websites these topics tend not to inspire enrollment except for a short engagement at a low price.

It’s missing a specific target audience and their ultimate outcome as an anchor point. But even if you did attach one of these chronic problems to a target audience and their goal, it may not feel acute enough to the audience to inspire investment.

Similarly, big overarching goals or life skills can bomb for the same reasons above:

  • Self Care
  • Work/Life Balance
  • Law of Attraction

If you search for topics like these on the Internet you’ll find millions of articles on them. Great support for free but not likely to result in paid engagements with long-term clients. And if clients are short term for low fees, it means you have to work with a lot more people. And that means more marketing and enrolling moments for less income and profit.

Strategizing a smart niche for a viable audience isn’t a needle in a haystack kind of equation. It’s more like the beginning of a jigsaw puzzle where you try to find the opening move that quickly builds momentum.

If you’re stuck and struggling with your coaching niche, let me help you over this wall.

Let’s have a Strategy Session. It will focus you in and give you direction for everything else you create in your coaching business. It will help you stand out the crowd and build your brand & reputation.

I’ll send you some exercises to start then we’ll spend 90 minutes brainstorming on the call. I’d love to work with you. Sign up!

In the Next Episode: Are You Solving A Big Enough Problem In Your Coaching Niche?

Ep 9 – 12 Ways a Smart Coaching Niche Empowers You

This episode is part of my Smart & Profitable Niche Series. Hey, I know I’ve been talking a lot of coaching niches in my podcast so far.

And I know that topic might make you groan … because it’s so hard to figure out on your own.

But let me clue you in to my strategy in focusing on this topic for a while.

  • 93% of coaches struggle with choosing a smart & profitable niche. It’s a big issue.

Do you have to choose a coaching niche? No.

Some say let your niche find you.

You can just float around, stay a generalist, coach all sorts of people about all sorts of topics.

I think that’s a good way to go if you haven’t consciously chosen to become an entrepreneur. You’re just trying this coaching skill set on. You don’t expect to earn much. You just love the process.

But if you want to leave your current job and make coaching your job … if you’re serious about being your own boss and being the director of your career why not give yourself all the advantages and take the time to niche your coaching business in a smart and profitable way?

It’s a strategic approach, and an internal shift as well, away from thinking like practitioner to becoming an entrepreneur. Treating your business as a living entity that grows and changes with you over time.

I’m about to illustrate the advantages that come with focusing your business on a unique audience and niche. And notice how one advantage leads to another.

One smart decision makes everything easier and empowers you for long term success and exciting turning points in your business and life that you can’t even imagine yet.

First a quick suggestion … if you are agonizing over your coaching niche fill out an application for FREE On Air Coaching.

The way On Air Coaching works is you and I have a private business coaching session that’s recorded and later that session is aired as an episode in this podcast series.

On Air Coaching is perfect for you if you are a trained coach who hasn’t yet landed your own profitable coaching niche.

It’s okay if you haven’t done anything yet to build your business.

It’s equally okay if you’ve tried one or more niches and, for whatever reason, it’s not working for you.

In our session I’ll ask you questions to uncover possibilities. We’ll identify a fantastic target audience for you, and brainstorm what they most want and how to apply your gifts and skills to help them get it.

Knowing your audience and niche will give you a profound sense of direction and focus for you coaching business.

So apply for On Air Coaching on my website at prosperouscoach.com/8.

I’d love to work with you.

Now let’s roll out this cascade of benefits you experience when you do choose a smart and profitable niche and focus your attention on one target audience:

#1 You Have a Solid Direction and Focus

I remember when I started coaching without a niche how aimless and lost I felt. Every day was a head scratch. My brain searching around for purchase. What should I do?

First, I went to friends and family to convince them to hire me — the low hanging fruit. But those clients didn’t stay long. And I didn’t have the heart to charge them much.

I also noticed how hard it was to get them to focus. They brought weak agendas. There wasn’t a clear enough goal or a big enough why. It was as if my lack of focus didn’t inspire them to commit to serious process or changes.

I came away with some fluffy testimonials about the value of my coaching but little sense of true impact.

After exhausting people I knew, I palpably experienced that uncomfortable sensation of having to beat the bushes to flush out potential clients.

My marketing was pitiful but I worked so hard trying to interest people in coaching.

Having a solid niche replaced that aimless, listless feeling with certainty and focus.

#2 Your Message Stands Out and Grabs Attention

It’s not easy to get attention these days. Humans are more distracted than ever.

We flop around social media and websites in a trance. The only thing that breaks that trance is relevance.

Have you noticed how much of the same message is out there and how quickly you skip over it?

But when someone hits a hot button for you, you snap to attention.

How do we as coaches hit the hot button in our messaging?

It’s not going to be by talking about coaching. Because only coaches and wanna-be coaches pay attention to those messages.

What is personally relevant to you is not personally relevant to everyone.

Our brains in a constant state of overwhelm only hone in on specific words, specific problems, specific desires that are urgent to us.

When you focus your business around a smart niche with a unique target audience suddenly you’re able to speak with relevance about what those people care about.

Relevance is how your message gets noticed, liked, shared.

#3 You Know What to Do Each Day

Because you’ve focused your attention on a unique target audience and found out their urgent challenges and desires, the spotlight comes off of you onto them.

And suddenly, marketing is no longer the big scary.

You know what to do.

And if you need help learning what to do, the money you spend on training applies now, because you are 100% clear about your audience and niche.

Suddenly, you have the understanding about where to go to find these people and the courage to speak in a way that attracts them.

You know what they want. You understand their problems. You know more about why they invest in their transformation.

And you’re no longer throwing out random messaging and offers like spaghetti and hoping it will stick.

#4 Your Marketing Efforts Are Leveraged (So You Can Market Less)

Over time your consistent messaging and strategic approach gains power and momentum.

Attention becomes interest and interest becomes engagement.

#5 You Become Known and Trusted By a Community of Engaged People

Trust turns engagement into investment … in your programs.

#6 You Get More Client Referrals

Because you’ve geared your offers to fit your audience’s challenges and goals, your coaching produces more than just warm fuzzy feelings.

Your clients are getting tangible results. The kind of results you can put into a testimonial on your website.

They will refer other people in the tribe to you. Not just a casual referral but a specific testimonial about how your program helped them.

#7 Prospects Seek You Out Already Pre-sold on Hiring You

You’re known, liked and trusted. You’re on the inside of your target audience now.

They Google and find you.

And when they arrive on your website they’ll go directly to your Work With page wanting to hire you.

#8 You Know How to Enroll Without Being Salesy

Enrolling is easy now. There’s no convincing. There’s just a connective conversation that helps ideal prospects to “YES”!

#9 You Command Higher Fees

You’re a leader now. A sought after guide.

Before you tell them your fees they know it will be a significant investment in their growth and they’re ready to leap.

#10 It’s Easier to Create Irresistible Products & Programs

With your experience coaching one target audience who have a set of unique challenges and goals, you grow expertise quickly.

And it’s easy to turn that expertise into workshops, masterminds, retreats and online products.

Write the book. Launch the podcast. Grow!

#11 Big Opportunities Find You

The natural result of your commitment and focus on one smart niche and narrow audience is invitations

Invitation to speak. Nominations to lead a larger group.

It’s surprise time. Your Magic is fully awakened and alive.

I’ve had clients who because they stood out in the crowd were provided platforms to get their word out in a massive way or offered jobs in coaching firms or brought internally into an organization to coach the organization.

Those opportunities don’t show up if you’re a tiny voice in a sea of voices all saying the same basic thing.

#12 You Build a Legacy Business

Coaches have been sponsored, televised and awarded all because they had the courage to niche, specialize and become an advocate for one narrow audience.

Coaches contribute to their families and their communities in major ways.

Some coaches build a business that employs dozens or hundreds. A business that can be sold for a windfall.

It all starts with a smart & profitable niche.

Mentioned in This Episode

My next episode is W/hy Do Some Coaching Niches Fail?

Ep 8 – 3 Crucial Parts of a Smart Coaching Niche

With today’s episode we’re heading into a new series — Smart and Profitable Coaching Niches.

I know you might be groaning about this topic because the whole niche thing feels so hard.

But this is my super power ya’ll.

Helping coaches design a smart and profitable coaching niche is the first thing I help my clients do.

Because … building a coaching business without a smart niche is like building a new house without a foundation.

Think about it. If the foundation is good, the house is solid and secure. It won’t fall down.

If the foundation is crap, the house feels flimsy.

If you’ve been feeling like your business is a bit flimsy and you don’t know exactly what to do every day to attract clients that pay you well … it’s worth your time to get this centerpiece of your business right.

And I’m sorry to say that a majority of coaches that I meet have glossed over their niche or haven’t decided Instead they put up a website selling a certain type of coaching or all types of coaching and it doesn’t work.

If you haven’t listened to my last episode called — Why is Coaching a Hard Sell?check it out here.

It explains why selling a certain type of coaching is hard — too hard to enjoy and earn well. It’s a great primer for everything I’m going to talk about from here on.

Most coaches only consider what they want to coach about. And it leaves out the most essential thing — who you serve and what they want so much they’d be willing to invest money to get it.

Over the next several episodes I’ll reveal my process for helping coaches choose their niche.

First, a quick announcement …

I’m now accepting applications for free On Air Coaching.

The way On Air Coaching works is you and I have a private business coaching session that’s recorded and later that session is aired as an episode in this podcast series.

On Air Coaching is perfect for you if you are a trained coach who hasn’t yet landed your own profitable coaching niche.

It’s okay if you haven’t done anything yet to build your business.

It’s equally okay if you’ve tried one or more niches and, for whatever reason, it’s not working for you.

In our session I’ll ask you questions to uncover possibilities. We’ll identify a fantastic target audience for you, and brainstorm what they most want and how to apply your gifts and skills to help them get it.

Knowing you audience and niche will give you a profound sense of direction and focus for you coaching business.

I’d love to work with you.

Okay let’s dig into this niche thing!

Most Coaches Only Choose a Track

First, let’s define it because in my nearly 2 decades of studying coaching niches there are some big gaps between what some call a coaching niche and what I’d call a coaching niche.

Some people say that a coaching niche is the area you focus on, for example:

  • Health and Wellness
  • Relationship
  • Career
  • Business and entrepreneurship
  • Executive and Corporate Leadership
  • Spirituality

See, to me, these are not quite niches.

I would call these coaching tracks instead. You might have taken coach training in one of these areas and don’t worry because it will be very valuable to you and your clients.

You might have set up your website, messaging and offers to sell that certain type of coaching. That usually doesn’t work well as I covered in the last episode.

Few people buy coaching for the sake of being coached. But they will invest in help to overcome specific urgent problems and to reach their goals.

To be able to speak about specific goals and challenges focus your efforts on a specifc audience.

Choosing a Specialty is a Smart Step

Now some coaches take a wise step towards a smart niche and name a specialty.

For example, a wellness coach might focus on weight loss, or a relationship coach might focus on dating.

That’s smart because it speaks to a specific PROBLEM people have. I’ll come back to these examples in a minute.

If you’ve specialized on a certain problem, take an additional step and target a unique audience.

The 3 Essentials

1. A single narrow target audience.

2. That target audience’s urgent problems and desires.

3. Your savvy solution for that audience which incorporates your skills, talents — everything in your toolbox.

Let’s take these one at a time.

A target audience, also called a target market or a tribe by Seth Godin, is a unique group of people defined by a common set of specific interests, challenges and goals.

I’m reading his latest book called This is Marketing. He says:

“Find a corner of the market that can’t wait for your attention. Go to their extremes. Find a position on the map where you and you alone are their perfect answer.”

– Seth Godin, This is Marketing

For example, what if you are a relationship coach, specializing in dating and you then decide to focus on single parents as your target audience …

Wouldn’t you agree that single parents have a set of unique challenges and goals when it comes to dating?

They have to consider their kids in every aspect of dating and also as the relationship grows.

Pre-Selling a Coach Client Without Selling At All

So suddenly, instead of selling relationship coaching, you become a dating specialist for single parents. You messages and offers are specific using language single parents relate to. And it makes building your coaching business easier in so many ways.

The single parent feel special because they feel heard and understood by you.

When you speak their language in your blogs, podcasts or videos, they trust you and you are effectively pre-qualifying and pre-selling them on your programs.

Another example … let’s say you are a wellness coach specilizing in weight loss and you target corporate executives.

Execs are overworked, overstressed individuals who need help to enhance their performance, feel more confident and present so they can get short listed for a promotion or garner favor with shareholders.

Do you see how in both examples targeting one specific audience would help you as the coach to stand out and attract attention fast?

Getting Attention is Job #1

And it’s not easy. We live in a too busy and highly distracted world. So your message will only snap people to attention if it’s highly relevant and to be relevant it has to be specific.

If you haven’t chosen a track yet, don’t worry about it. You can actually skip over that part.

Instead target an audience that’s easy for you to find and connect with, find out what they want so much they’d be willing to invest in your help to get it.

Coaches serve people. That’s why your coaching niche should be designed starting with the unique audience you serve and their real problems.

Next week I’m going to give you a clear picture of the advantages to choosing a smart and profitable niche.

You’ll be amazed how it can change your day to day as well as setting you up for long term success and and incredible opportunities. 

     

Mentioned in This Episode

This is Marketing by Seth Godin

The next episode is 12 Ways a Smart Coaching Niche Empowers You

Ep 7 – Why is Coaching a Hard Sell?

This episode might blow your mind. But I hope it OPENS your mind.

You’ve probably suspected the truth of this already. It’s been nagging at you but you haven’t known what to do about it.

Coaching is a hard sell.

You don’t want to have to sell at all, but you definitely don’t want to do a hard sell on people!

And, I hear you thinking …

“What the fork, Rhonda!

I’m a coach and you’re telling me

it’s not a good idea to sell coaching?

What else am I supposed to do?”

Bear with me, because there is an important mindset shift wanting to happen here.

Yes, it is a super valuable skill. It absolutely does help people transform. And we — you and I — are completely sold on the idea of it.

But most people are not.

The Origin Story Explains the Disconnect

To help you understand the disconnect between what we know and what our prospects don’t know, I’ll share what I call my origin story.

See if you recognize your own origin story in any of this.

I remember when the idea of coaching sparked in my mind and started burning like wildfire.

I was a Marketing Director of a small corporation. From the outside, it seemed like a perfect job. Great salary, good benefits, weekends off. My boss was the President and an engaging leader. I had authority and a lot of freedom.

Still, each day I came home from work feeling soul-less.

I felt sick on Sundays and dreaded the coming week. When I got home from conferences, I’d cry in the airport parking lot. I was so spent.

I decided I had to break free and deep down I knew that just getting another job wasn’t going to do it for me.

I summoned the courage to go to my boss and I told her I’d be gone in 6 months. In the meantime, I’d like to shift from employee to consultant, train my replacement and work from home 4 days a week.

To my surprise, she agreed to everything I asked. I think she valued me but knew somehow that I was a short termer.

Then, I had more bandwidth to consider what my next steps were.

During coffee with friends I asked what they thought my strengths were and we brainstormed entrepreneurial possibilities.

One friend said: “You’d be a good coach, Rhonda.”

A tingle zipped up my spine and in days I was immersed into a year long training program.

My life flipped over in the most exciting way.

Selling Coaching Comes Off Salesy

I became coaching’s best advocate. I became obsessed.

So you can imagine how confused I was when I talked to people about it their eyes would glaze over and they’d slip away from the conversation.

In a not very subtle way I was trying to convert them. To convince them that coaching was wonderful and that they wanted it.

In reality the only people who really wanted to hear about it were people who were thinking of becoming one themselves.

I’d argue that it is an even harder sell now because there is exponentially more marketing for services out there than there ever was.

And people don’t pay attention unless messaging hits every hot spot for them.

I wrote about topics like limiting beliefs and how to find confidence. There are sooo many articles out there on those topics so it wasn’t surprising those topics didn’t get read. I gave talks on similar topics at Chamber meetings and in libraries.

What happened?

Crickets.

Much later, when a few clients did enroll, they stayed no more than 3 months with me even though they said they loved working with me.

Obviously, I wasn’t earning well.

My problem was, that …

I Mistook What Coaching Is

It’s a skillset, not a solution.

But mostly it’s associated in most people’s minds with services for the elite or for corporate executives.

It sounds expensive but not in the same way as a pair of Jimmy Choo shoes or a two week beach vacation without the kids. People can easily justify those types of indulgences.

Hiring a coach doesn’t hit the desire button.

But people will also spend money on solutions to urgent problems. So this is the opportunity to …

Get Creative with Your Coaching Niche

Let’s say you’re a wellness coach. If you specialized in working with engaged couples you could offer these programs:

20 Weeks to Get Fit for Your Wedding

then later…

100 Days to Build Stamina for Parenting

and later…

120 Days to Lose the Baby Weight

Or, if you’re a career coach, you could specialize in working with women re-entering the work force:

4 Months to Land Your New Job

and

90 Days to Onboard With Confidence

Notice how each offer…

  • is geared to an urgent problem for a specific audience
  • doesn’t mention coaching at all

Once you have paying clients you’ll draw from your skills and tools to help them achieve their goals.

They’ll hire you because your messages and offers hit the mark.

This approach really works when:

  • you narrow your audience
  • the problem you’re speaking about is urgent for them, and
  • the outcome is specific with both emotional and tangible benefits

That’s also how you’ll be able to get and keep the attention of your audience long enough in this distraction-heavy marketplace to build a relationship and inspire them to invest in your programs.

Are you beginning to see how this could work for you much better than trying to sell coaching?

Now I know that hearing this could be a bit of a shock.

And it’s possible you might prove me wrong about this. If you’ve found it easy to be financially successful selling the type of coaching you learned to do, I want to hear your story and so do my listeners.

If, on the other hand, you’ve been stuck with a few happy but low paying clients, this mindset and approach shift could open all the doors and windows for you.

With this kind of focus for your business …

  • you know what to do day to day
  • you know how to find your audience
  • you know how to inspire them to open blogs and click links
  • you build trust and a fan base
  • you’ll know how to help your clients re-up for the next step with you
  • and you’ll build expertise quickly which can be leveraged into books, online training, masterminds and more

Want Help Making This Shift?

Grab a Strategy Session with me. It’s perfect for choosing your audience and nailing down your coaching niche. Or, if you’re already done a good job at that, we could brainstorm irresistible offers.

Let’s get your business on the right track so you can feel proud of it and earn well!

The next episode is 3 Crucial Parts of a Smart Coaching Niche