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  • Actual for You - Are You Revealing Your Lack of Ethics and Ultimately Lack of Business Results as a Business Coach?

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    that assumes that we either prey on our own if we work with coaches, or, instead we prey on our other clients, and the latter must be OK. And does that mean that coaches just prey on the weak?"

    The coach who started the conversation staggered backward, stammered a bit and said, "Well no. I do help my clients." At this mom

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    Assign Tasks to KidsDo not underestimate the potential of your kids. Kids can handle some task that you do not have time to do: filing, recording messages, paper shredding documents, etc. My 15 year old daughter is responsible for inputting information from business cards that I collect from meetings, into my contact management system, proof reading documents, filing, typing and other small administrative task. She loves it an
    Every Monday night a group of 7 committed individuals who are considered to be business coaches, executive coaches and business consultants meet via teleconferencing to mastermind. During these 90 minute masterminding sessions, weekly successes and missed opportunities are shared. We learn so much from each other. For reinventing the wheel is truly a waste of time.

    The mental energy and output from this masterminding process is incredible, but the email threads that are shared provided even greater opportunity for reflection and learning. One of the coaches revealed a conversation that he had with another business coach who belonged to a local chapter of a national coaching association.

    During their conversation, the other coach made the statement that "executive or business coaches who coach other business or executive coaches were preying on their own by taking advantage of all the problems currently existing within the business coaching industry."

    Everyone within this mastermind group has head similar statements before, but my enlightened colleague took this opportunity to truly reveal the ethics of this coach. So he replied, "Gee, you make that sound like a piranha preying on their young." The other coach responded, "Well isn't it?"

    My colleague continued with "I guess that assumes that we either prey on our own if we work with coaches, or, instead we prey on our other clients, and the latter must be OK. And does that mean that coaches just prey on the weak?"

    The coach who started the conversation staggered backward, stammered a bit and said, "Well no. I do help my clients." At this mome

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    g the wheel is truly a waste of time.

    The mental energy and output from this masterminding process is incredible, but the email threads that are shared provided even greater opportunity for reflection and learning. One of the coaches revealed a conversation that he had with another business coach who belonged to a local chapter of a national coaching association.

    During their conversation, the other coach made the statement that "executive or business coaches who coach other business or executive coaches were preying on their own by taking advantage of all the problems currently existing within the business coaching industry."

    Everyone within this mastermind group has head similar statements before, but my enlightened colleague took this opportunity to truly reveal the ethics of this coach. So he replied, "Gee, you make that sound like a piranha preying on their young." The other coach responded, "Well isn't it?"

    My colleague continued with "I guess that assumes that we either prey on our own if we work with coaches, or, instead we prey on our other clients, and the latter must be OK. And does that mean that coaches just prey on the weak?"

    The coach who started the conversation staggered backward, stammered a bit and said, "Well no. I do help my clients." At this mom

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    hapter of a national coaching association.

    During their conversation, the other coach made the statement that "executive or business coaches who coach other business or executive coaches were preying on their own by taking advantage of all the problems currently existing within the business coaching industry."

    Everyone within this mastermind group has head similar statements before, but my enlightened colleague took this opportunity to truly reveal the ethics of this coach. So he replied, "Gee, you make that sound like a piranha preying on their young." The other coach responded, "Well isn't it?"

    My colleague continued with "I guess that assumes that we either prey on our own if we work with coaches, or, instead we prey on our other clients, and the latter must be OK. And does that mean that coaches just prey on the weak?"

    The coach who started the conversation staggered backward, stammered a bit and said, "Well no. I do help my clients." At this mom

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    Effect Of Bad Debts So far, we have covered the major factors involved in setting your fee structure. We have set a realistic number of billable hours, calculated the effect of expenses and taken into account the cost of a benefit package. This has brought us to an hourly rate of $77. By charging $77 per hour, you will have an income of $46,000 per year, plus benefits. What happens when you have a client that does not
    ne within this mastermind group has head similar statements before, but my enlightened colleague took this opportunity to truly reveal the ethics of this coach. So he replied, "Gee, you make that sound like a piranha preying on their young." The other coach responded, "Well isn't it?"

    My colleague continued with "I guess that assumes that we either prey on our own if we work with coaches, or, instead we prey on our other clients, and the latter must be OK. And does that mean that coaches just prey on the weak?"

    The coach who started the conversation staggered backward, stammered a bit and said, "Well no. I do help my clients." At this mom

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    Job growth--or lack of it--and the levels of unemployment continue to confuse obtuse government analysts and the Wall Street crowd.Why? They are ignoring the dramatic effect of rapidly-increasing self-employment.Recently, the weekly number of unemployed declined, but the number of newly-created jobs was very small. How could that happen when there were not enough new jobs created that week?Simple. More and m
    that assumes that we either prey on our own if we work with coaches, or, instead we prey on our other clients, and the latter must be OK. And does that mean that coaches just prey on the weak?"

    The coach who started the conversation staggered backward, stammered a bit and said, "Well no. I do help my clients." At this moment, my coaching friend then asked the other coach, "Does that mean that you are implying that I don’t help mine?" Her response was, "Of course not. Who are your clients?"

    Before my friend answered this question, he responded with a question, "You said that you help your clients. Tell me, what kind of measurable differences do you provide to your clients." Again, she heed and hawed a bit, and answered, "Well…….ummm……most of them get better." He quickly followed with "How much better?"

    The coach responded with "I have so many different clients that I really have no idea."

    Then my friend quietly concluded with “Well, let’s see I prey on a few small business clients who typically double their business in 3-4 weeks…..but of course I also have a few of my young that I prey on…coaches I mean. Would you say that preying on someone might have a different perspective depending on whether you are helping them to secure measurable results or not?"

    The other coach was stunned and walked away because she had no answer.

    Given that research revealed less than 5% of all coaches make over $100,000 a year, my colleague’s niche market of helping other coaches is valid. What also makes this coach different as well as the other 6 coaches in this mastermind group is that everyone can share ac

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