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The Prosperous Coach

The Prosperous Coach

Increase Income and Impact for You and Your Clients
by Steve Chandler 2013 284 pages
4.33
2k+ ratings
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Key Takeaways

1. Coaching is about creating transformative experiences, not selling concepts

Coaching is so good, so powerful. Coaching has to be good.

Transformative experiences. Effective coaching goes beyond simply selling ideas or concepts. It's about creating profound, life-changing experiences for clients. This requires coaches to focus on delivering real value and results, rather than just marketing their services.

Proving coaching's worth. Unlike therapy, which can continue for years without clear outcomes, coaching must demonstrate tangible benefits. Clients renew their contracts because they see positive changes in their lives, reach their goals, and experience personal transformation. This necessity for results drives coaches to continuously improve their skills and effectiveness.

Creating believers. When coaches consistently deliver powerful experiences, they turn clients into advocates. These satisfied clients become walking testimonials, naturally referring others and helping to grow the coach's practice organically. This word-of-mouth marketing is far more effective than any promotional strategy.

2. Build your practice through powerful conversations, not marketing gimmicks

No high-performing client was ever created outside of a conversation. And no high-paying client was ever created outside of a powerful conversation.

Focus on conversations. Instead of relying on traditional marketing tactics, successful coaches build their practices through meaningful, impactful conversations. These interactions allow coaches to demonstrate their value directly and create genuine connections with potential clients.

Quality over quantity. Rather than trying to reach as many people as possible through mass marketing, coaches should focus on having deep, transformative conversations with fewer individuals. This approach leads to higher-quality clients who are more likely to commit and achieve significant results.

Authentic connections. By prioritizing genuine interactions, coaches can:

  • Build trust and rapport more effectively
  • Understand potential clients' needs and desires on a deeper level
  • Showcase their coaching skills in real-time
  • Create a memorable experience that sets them apart from other coaches

3. Master the art of creating clients through deep connections and bold proposals

Clients are created.

Proactive client creation. Successful coaches don't passively wait for clients to come to them. Instead, they actively create opportunities to connect with potential clients and demonstrate their value. This requires a shift in mindset from "attracting" clients to intentionally creating them through purposeful actions and conversations.

The client creation process:

  1. Connect: Build relationships and networks without immediate expectations
  2. Invite: Offer powerful coaching experiences to those who might benefit
  3. Create: Deliver transformative coaching sessions that showcase your value
  4. Propose: Make bold, clear proposals that align with the client's needs and goals

Overcoming fear. Many coaches struggle with making proposals or discussing fees. Practice saying your rates out loud until they roll off your tongue naturally. Remember that you're not selling coaching; you're offering an opportunity for transformation and achievement of the client's dreams.

4. Fearless coaching requires vulnerability, authenticity, and a willingness to challenge

Show up fully expressed; show the real you. Hide nothing; hold nothing back.

Embrace vulnerability. Fearless coaching means being willing to show up as your authentic self, flaws and all. This vulnerability creates a safe space for clients to open up and explore their own challenges and aspirations.

Challenge with compassion. Effective coaches must be willing to challenge their clients' limiting beliefs and behaviors. This doesn't mean being harsh or confrontational, but rather asking thought-provoking questions and offering alternative perspectives that push clients out of their comfort zones.

Key elements of fearless coaching:

  • Being bold and saying what needs to be said
  • Searching for the client's "glimpse of genius"
  • Going deeper than other coaches would dare
  • Being comfortable with silence and allowing space for reflection
  • Using intuition and addressing uncomfortable truths
  • Setting clear intentions and seeking permission to explore sensitive areas

5. Develop a prosperity mindset by focusing on service and value creation

Your clients are paying you to help them achieve their dreams. So help them dream big and stay with them along the course.

Shift your focus. Instead of worrying about making money, concentrate on creating value for your clients. When you consistently deliver transformative experiences and help clients achieve their goals, financial success naturally follows.

Understand true value. Clients aren't paying for your time or even your coaching skills. They're investing in the realization of their dreams and aspirations. By helping clients connect with their deepest desires and providing a clear path to achieve them, you create immense value that justifies high fees.

Abundance mindset:

  • View coaching as a service that changes lives, not just a way to make money
  • Recognize that there are always people who need and want great coaching
  • Focus on creating extraordinary results for clients rather than competing with other coaches
  • Understand that your unique perspective and approach are valuable assets

6. Invest in your own growth and coaching to enhance your credibility and skills

Get a coach. Because you can't take a client any deeper than you have gone yourself.

Lead by example. Investing in your own coaching demonstrates your belief in the power of the process. It shows potential clients that you value personal growth and are committed to continual improvement.

Deepen your skills. Working with a coach helps you:

  • Identify and overcome your own limiting beliefs
  • Develop new perspectives and coaching techniques
  • Experience the client side of the coaching relationship
  • Stay accountable to your own goals and aspirations

Enhance credibility. When you can speak from personal experience about the benefits of coaching, it becomes much easier to enroll clients. Your firsthand knowledge of the transformation process makes your proposals more authentic and compelling.

7. Success in coaching comes from consistent action, not perfection

Failing is not a problem you will face. Failing is how you get there.

Embrace imperfection. Many coaches get stuck trying to create the perfect website, marketing strategy, or coaching program. Instead, focus on taking consistent action and learning from your experiences.

Learn through practice. The only way to become a great coach is to coach as much as possible. Seek out opportunities to practice your skills, even if it means offering free or low-cost sessions initially. Each interaction will help you refine your approach and build confidence.

Key actions for success:

  • Set clear, measurable goals for client creation and coaching activities
  • Track your progress and celebrate small wins along the way
  • View "failures" as valuable learning experiences
  • Stay committed to your vision, even when faced with setbacks
  • Continuously refine your skills and approach based on feedback and results

8. Create a unique coaching style that aligns with your strengths and passions

Be YOU. Because there is no coach like you in the world. And that is priceless.

Leverage your uniqueness. Instead of trying to emulate other successful coaches, focus on developing your own authentic style. Your unique combination of experiences, skills, and personality is what will set you apart in the coaching marketplace.

Align with your passions. Choose a coaching niche or approach that genuinely excites you. When you're passionate about your work, it shows in your interactions with clients and makes your coaching more impactful.

Developing your coaching identity:

  • Reflect on your personal strengths and how they can enhance your coaching
  • Identify the types of clients and challenges that most inspire you
  • Experiment with different coaching techniques to find what feels most natural
  • Seek feedback from clients and peers to refine your unique approach
  • Continuously invest in personal growth and skill development in areas that align with your vision

Last updated:

FAQ

What's "The Prosperous Coach" about?

  • Focus on Client Creation: "The Prosperous Coach" by Steve Chandler and Rich Litvin is about building a successful coaching practice by focusing on creating clients rather than traditional marketing methods.
  • Relationship-Based Approach: The book emphasizes the importance of building deep, meaningful relationships with potential clients, one at a time, rather than relying on internet marketing or email lists.
  • Practical Guidance: It provides practical advice and strategies for coaches to increase their income and impact by serving clients powerfully and authentically.

Why should I read "The Prosperous Coach"?

  • Unique Perspective: The book offers a contrarian approach to building a coaching business, focusing on personal connections rather than mass marketing.
  • Proven Strategies: It includes proven methods and disciplines that have helped many coaches build prosperous practices.
  • Inspiration and Motivation: The book is filled with motivational stories and insights that can inspire coaches to take bold actions and achieve their goals.

What are the key takeaways of "The Prosperous Coach"?

  • Clients Are Created: Clients are created through impactful conversations, not attracted through marketing gimmicks.
  • Fearless Coaching: Be bold and fearless in your coaching, challenging clients to see what they cannot see themselves.
  • Deep Relationships: Building deep, authentic relationships is more effective than traditional sales tactics in the coaching industry.

How does "The Prosperous Coach" suggest creating clients?

  • Connect, Invite, Create, Propose: The book outlines a four-step process: Connect with people, Invite them to a conversation, Create a powerful coaching experience, and Propose a coaching relationship.
  • Focus on Service: Emphasize serving potential clients rather than selling to them, which naturally leads to client creation.
  • Long Conversations: Spend significant time in initial conversations to deeply understand and serve potential clients.

What is the "Fearless Coaching" approach in "The Prosperous Coach"?

  • Be Bold: Fearless coaching involves saying what needs to be said without holding back, even if it’s uncomfortable.
  • Deep Exploration: Go deeper than other coaches by exploring clients' deepest dreams and fears.
  • Client-Centric: Focus entirely on the client’s world, challenging their perspectives and supporting their growth.

What are the "Eighteen Fearless Disciplines" mentioned in "The Prosperous Coach"?

  • Practical Activities: These are practical activities that coaches should practice to grow their coaching practice.
  • Focus on Conversations: Emphasize the importance of having meaningful conversations rather than relying on emails or cold calls.
  • Certainty and Leadership: Speak with certainty and lead the enrollment conversation, ensuring it ends in a context of possibility.

How does "The Prosperous Coach" redefine the concept of selling?

  • Sell the Experience: Instead of selling coaching as a concept, provide a powerful experience that makes the decision to continue coaching easy for the client.
  • No Cold Calling: Use inner circle connections and avoid cold calling, which is ineffective in coaching.
  • Value of Conversations: Prioritize conversations over other forms of communication to build trust and understanding.

What are some of the best quotes from "The Prosperous Coach" and what do they mean?

  • "Show your clients what they cannot see." This quote emphasizes the coach's role in helping clients gain new insights and perspectives.
  • "Needy is creepy." It highlights the importance of not appearing desperate when enrolling clients, as it can be off-putting.
  • "Every time you coach you change the world." This underscores the transformative power of coaching and its impact on both the client and the world.

How does "The Prosperous Coach" address the issue of pricing and fees?

  • Value-Based Fees: The book suggests focusing on the value and transformation coaching provides rather than charging by the hour.
  • Client's Dreams: Clients are paying for their dreams and the possibility of achieving them, not just for the coach’s time.
  • Proposals Over Prices: Emphasize making proposals that align with the client’s goals and the value they will receive.

What is the significance of "Deep Inner Work" in "The Prosperous Coach"?

  • Self-Awareness: Coaches must do their own deep inner work to understand their blind spots and grow personally.
  • Modeling Growth: By investing in their own development, coaches model the power of coaching to their clients.
  • Going Deeper: Coaches can only take clients as deep as they have gone themselves, making personal growth essential.

How does "The Prosperous Coach" suggest handling rejection or "no" from potential clients?

  • Embrace "No": View "no" as a natural part of the process and an opportunity to learn and grow.
  • The NO Game: Play the NO game by seeing how many "no's" you can collect, which shifts the focus from fear of rejection to taking action.
  • Persistence: Understand that "yes" lives in the land of "no," and persistence is key to success.

What role does authenticity play in "The Prosperous Coach"?

  • Be Yourself: Authenticity is crucial; there is no one like you, and that uniqueness is valuable.
  • Build Trust: Being genuine helps build trust with clients, making them more likely to engage in a coaching relationship.
  • Long-Term Success: Authenticity leads to long-term success as it fosters deeper connections and more meaningful coaching experiences.

Review Summary

4.33 out of 5
Average of 2k+ ratings from Goodreads and Amazon.

The Prosperous Coach receives mostly positive reviews, praised for its insights on building a coaching practice through powerful conversations and client relationships. Readers appreciate its focus on serving clients deeply rather than traditional marketing tactics. Some find it repetitive or overly optimistic about income potential. The book emphasizes fearless coaching, creating value, and maintaining a service mindset. Many coaches consider it a valuable resource for growing their business, though a few criticize its approach as unrealistic for beginners.

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About the Author

Steve Chandler is a bestselling author and personal growth expert known for his unconventional approach. He has written over 30 books, including "100 Ways to Motivate Yourself" and "Time Warrior." Chandler helps individuals transform their lives and businesses through his writing, coaching, and speaking engagements. He founded the Wealth Warrior Movement, which offers members regular prosperity-building messages, webinars, books, and audio content. Chandler's work focuses on motivation, personal development, and creating wealth. His unorthodox methods and practical advice have garnered him a reputation as America's notoriously unorthodox personal growth guru.

Other books by Steve Chandler

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