Coaching, Speaking, Writing, or Diagnosing can leave you poor

I have been privileged to work with a variety of “experts” over the last few years – helping them leverage their knowledge into real businesses.  But here’s a common theme:  Authors want to write books, speakers want to speak and coaches want to coach.  However, if you select one and only one, you will likely be frustrated with the results.  I have met countless doctors, pastors, coaches and authors who are frustrated because while extremely knowledgeable in their expertise, they can’t put food on the table, take a vacation or set aside funds for old age.

If you are a great author but know nothing about speaking, coaching, doing seminars, consulting and selling your own product, then you will have a limited message and will bypass millions of dollars that are available to you.  If you are an awesome coach but you’ve never captured your particular expertise in teleseminars, workshops, ebooks, and instructional manuals, you will wear yourself out trying to get just one more client this week.  If you speak with passion and move your audiences to action, but have never taken the time to learn online marketing, you will be destined to a life in airports and hotels and miss the daily life with your family.  If you are the world’s best pediatrician but increase your income only by herding 30 more babies into your office this week, you will die of exhaustion and miss the lives of your own children.

Only by creating multiple streams of income will you be able to have a stress-free, balanced and profitable business.

Here’s the model I use to maximize my one area of knowledge – helping find purpose in their work.

In our May 19-20th Coaching with Excellence event we’ll cover 48 ways to fill your funnel and put you in the top 3% of coaching income.

 

Related posts:

  • Joel

    Another great nugget of wisdom from Dan.

    I was speaking with a gentleman earlier today and one of the things he was adamant about is that he didn’t want to “create another job” for himself. That’s a pretty powerful statement and yett, that is what many entrepreneurs accidentally do; they create a J-O-B.

    By leveraging multiple area of revenue generation, (as Dan outlines with his famous venn diagram) you can harness the power of many streams.

    I’ve lost count of how many CWE events my wife and I have been to. I do know this, the inspiration and fresh ideas we walk away with is so worth the trip. And Dan, Joanne and Ashley are as real and down-to-earth as you can get.

    We’ll be back down there this summer.

  • http://www.reflectivebiblestudy.com Cam

    Hi Dan,

    Thanks for sharing your venn diagram. I have often heard you refer to it, and was always curious what yours looked like.

    Thanks for the inspiration that you give all of us to follow our dreams.

    ~Cam

  • http://www.facebook.com/people/Michael-De-Rosa/1227764327 Michael De Rosa

    Dan,  I just listened to your 48 days podcast that was released on 7.21.2011 and am interested in knowing when/if the ’48 ways to fill your funnel’ will be made available to the 48 days community.

    Thanks

    Michael
    http://www.passion-4-life.org

Switch to our mobile site

Close
Remind Me Later
Remove Ad Permanently