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Ep 169: Coaching Business Cashflow: How I Stopped Starting from Zero Every Month
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A very common challenge when running a health or life coaching business is creating a sustainable cashflow and establishing recurring income. When you don’t have this in place, it can make running your business especially stressful. It’s not enjoyable starting every month at zero and being stuck in a ‘feast or famine’ cycle.
A couple of years ago my business was in this place, I’d often start a month with zero or very little income. As someone who really values financial safety, this was extremely hard to manage so I spent several months working on establishing a solid cashflow and it has changed everything in my business. Here’s how I did it.
Tune in to learn:
- Why your business model is fundamentally important for cashflow and recurring income
- My group program / membership hybrid offer that shifted my cashflow
- The consistent and effective marketing strategy that helps me attract clients every month
- How I use a cashflow spreadsheet to manage my business finances
- The huge money mindset shifts that helped me create over 12 months of cashflow
Check out the blog post that accompanies this episode.
Laura’s links:
Other links mentioned in this episode:
- Profitable Business Model Training
- Powerful Pricing Workshop
- Wholehearted Business - Laura’s Group Program / Membership Hybrid
- Laura’s 1:1 Mentoring
If you're a health, life or spiritual coach who wants to grow and scale your business in a holistic, sustainable and enjoyable way then I'd LOVE to help you…
✨Book a one off Clarity Call: Just need a quick pick my brains type session or support to create a plan of action you implement on your own? Then a clarity call is for you.
💖 Wholehearted Business: my 12 month group programme to help you create an aligned marketing and client attraction strategy - perfect for coaches in the first two years of their businesses who need a high touch level of support and a clear pathway to success.
🌸 1:1 Coaching and Mentoring: a 3-4 or 6-8 month 1:1 programme for coaches who are ready to level up their life and business. Think scaling and creating your first group programme or course, creating multiple offers and setting up sustainable strategies to work less and earn more.
Chapters
1. Cashflow (00:00:00)
2. Reviewed my Business Model (00:01:20)
3. Changed my Group Program from Evergreen to Launch (00:04:13)
4. Created a Consistent and Effective Marketing Strategy (00:05:20)
5. Managing my Money and Pricing (00:07:58)
6. Did the Money Mindset Work (00:10:00)
7. Next steps (00:14:56)
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