Knowing how much it costs to start an online coaching business is easily one of the most important things you should map out before you get too deep. Whether you are a brand new coach and just getting the ball rolling (or if you are a seasoned coach and looking to sharpen your pencil to cut unnecessary costs), the ‘money stuff’ doesn’t have to be too complicated.
Inside this episode, Lucas will breakdown the monthly expenses that go into a profitable online coaching business in every stage of growth. So before you hit play, make sure you have something to write on so you can apply this episode into your coaching biz operations.
Here are a few of the takeaways you’ll get from this episode:
- Discover how much it costs to start an online coaching business (from scratch) so you can see the earning potential you can create without needing a ton of money to get started!
- Learn how you can simplify your monthly expenses and cut unnecessary subscriptions and costs so you can maximize your profit margins month after month!
- Master how to manage your monthly finances so you can stop being scared to look at your monthly sales and bank account!
Enjoy The Podcast!
Lucas Rubix
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What if you knew the exact steps you had to do to generate your first $10,000 as an online coach in your first year, month, week, or day?? Each of these milestones feels damn good to hit, and it doesn’t matter where you’re starting from because if you are committed to taking action, this NEW Masterclass will show you how. JOIN THE MASTERCLASS HERE!
EPISODE BREAKDOWN: HOW MUCH DOES IT COST TO START, BUILD, AND GROW YOUR ONLINE COACHING BUSINESS?
0:05 A quick intro into today’s episode
1:50 What expenses do you need to run your coaching business?
3:50 Should you incorporate?
5:01 Domain names, hosting, and software basics
7:11 Email autoresponder options that grow with you
9:11 Expenses that will come in the next phase of growth
12:08 When is the right time to delegate and build a team?
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Wanna hear something crazy? Did you know that when you join the Coaches University, we will work with you until you join us inside the $10K Club?? Yep, that means I’m literally guaranteeing you will make $10,000 in sales as an online coach (in any niche) when you join us inside the Coaches University and commit to building the online coaching business of your dreams. LEARN MORE ABOUT THE UNIVERSITY HERE!
Thanks For Listening!
You’ll want to stick around each week when we drop two value-packed episodes that will teach you everything you need to build a wildly successful money-making impact-creating freedom-filled online coaching business! Plus, you’ve got a chance to win $500 each month when you subscribe and leave a review (full details HERE)!
Winners will be announced at the beginning of each month inside the free community. Join the Online Coaching Community and join over 6,500 committed coaches to build their perfect, passionate, and profitable online coaching business, one client at a time!
Check Out What Other Coaches Are Saying About The Show!
Lucas Rubix is the intense-looking bearded dude (don’t worry… he’s actually harmless) behind the Coaches Corner, a corner of the internet completely committed to helping passionate coaches like YOU build, launch and grow a passion-fuelled, freedom-filled, money-making online coaching businesses (as long as you’re not afraid of some work).
Having built multiple coaching businesses (both offline and online) in a wide variety of niches, his primary focus these days (when he’s not interviewing top coaches, influencers, and celebrities on the Coaches Corner Podcast) is helping coaches create a business that predictably generates leads, attracts new clients and, most importantly, creates true freedom (for both COACH and CLIENT)
Visit www.LucasRubix.com and get full access into the Online Coaching Business Crash Course, listen to a few episodes of the Coaches corner podcast while you’re at it and feel free to connect with him on Instagram @LucasRubix
And if you’re a passionate coach who’s looking for a helping hand in building, launching and growing your coaching business (and attracting all the perfect clients you’ve ever imagined) learn about the three ways you can work together HERE and see how Lucas can help you build the coaching business of your dreams!
PS — Other recommended podcasts to help move your online coaching business forward are HOW TO FIND YOUR NICHE AS A COACH (WHILE STAYING ALIGNED AND INSPIRED)!, 5 CONTENT CREATION MISTAKES MOST COACHES ARE MAKING (AND HOW TO IMMEDIATELY FIX THEM), HOW TO PRIORITIZE AND SCHEDULE YOUR WEEK TO HELP YOU BUILD YOUR ONLINE COACHING BUSINESS