networking


Successful Coaches – Observations From An Outsider

What are the traits of successful coaches? In today’s guest post Andrew Ferdinando, who runs Hubworking, shares his thoughts.

Successful Coaches – Observations From An Outsider

By Andrew Ferdinando

Having never experienced coaching, the coaching industry was new to me when I set up my business Hubworking (www.hubworking.com) in 2006. Based in 3 locations in London we operate 3 centres where we hire out meeting rooms to business people on an hourly basis.

When launching my first centre I considered that we may get some bookings from coaches but I admit to being surprised when over time coaches became our biggest source of business.

Having now worked with the coaching world for 5 years as a service provider, I have observed hundreds of different coaches, many of whom are considered to be at the top of their profession.

As a complete outsider, I have noticed many common traits which they all exhibit and which have clearly led to their success. Below are my thoughts on what makes a successful coach, simply based on these observations:

Niche yourself:

Whatever form of coaching, the more successful of my clients seem to have cut out a niche in their particular field. In some cases they are even specialists within an already narrow field. A good example would be the area of presentation coaching where I have seen several highly regarded voice coaches who work with their clients on how to project their voices and “perform” in front of an audience. Each coach offers something unique to the next and advertises themselves as such so that the client appreciates they are hiring an absolute specialist.

Marketing:

My clients all have a good understanding of how to market themselves. For the micro business, which coaches tend to be, this involves networking, writing industry specific articles, creating a good website, blogging regularly and using social networking tools such as Twitter and Facebook to grow their brand virally and indeed stay in touch with their clients and future clients.

Consistent customer acquisition/customer retention

It’s clear that the high level coaches have a strong mix of regular clients and new clients which I guess is down to strong marketing and a top class service.

Product range (1 to 1’s and workshops)

The majority of rooms that my clients book with me are 1 to 1 coaching rooms. However, there is a trend that they will also book a larger room for workshops around once per quarter. It’s obvious to me that they have a core coaching product which sits alongside a public training course which they will run on an irregular basis.

Customer mix:

Speaking to my clients they seem to have a good mix of customers including small businesses, government bodies, charities and corporates.

My name is my brand

At Hubworking I work very hard to build the brand of my business. In some respects, I avoid being seen as the person behind the business. For a company like mine, this is important because for us it is the systems, quality of service and locations which my brand needs to represent. With coaches it is the complete opposite. As a specialist coach it is all about building up a brand around your name and what you represent so that your name becomes synonymous with what you do. A good example is one of my clients Alan Stevens who is known to many as “Alan Stevens – Media Coach”.

Strong network of associates

It’s amazing how small the world of coaching is. Over the years I have seen many referrals from my existing coaching clients. It is a close knit industry and this becomes very helpful when a big piece of work comes in that requires more than 1 coach. The ability to call upon top level, trusted associates is gold and something I have seen on many occasions.

If you ever need to hire at coaching room in London, please do get in touch – an****@********ng.net

About the Author/Further Resources

Andrew Ferdinando runs Hubworking, a chain of 3 business centres in central London which hires out low cost, flexible meeting space to small businesses and specifically the coaching community.

For more info, visit www.hubworking.com or contact Andrew directly at an****@********ng.net or 07985 914034.


Networking For Coaches 5

Coaches, do you have much success networking? In this weeks guest post Angus MacLennan shares some tips to improve your networking skills.

Networking For Coaches

by Angus MacLennan

Over the last few years I have found networking to be a great way to get new coaching clients. During this time I have met a number of coaches while out networking. Some coaches were great at networking and I learnt a lot from them. Unfortunately, some were not as good and found networking was not working for them.

It is important to realise that Coaching is a business and must be approached like a business. Networking is a great client development tool for any business if it is done properly. I suggest my clients focus on a few key points that help them get the most from networking. They are:

  • Your Niche: Have a clearly defined niche. Without a clear niche you cannot have a clear message. When you are out networking you need to have a clear message.
  • Your Message: A common mistake is to dilute the message with too many offerings. When you go out networking you must have a clear message. Make it easy for people to understand exactly what you do.

Most coaches are multi-skilled and happy to work across many fields. The problem is that this becomes confusing when you try to explain what you do. Most people will not get a clear understanding of what you do if you tell them you are a Life Coach, Business Coach, Hypotherapist and NLP specialist.

Even if you do use all of your many skills when helping clients I suggest you pick a niche and message and stick to it. Networking works best when you have a clear message that people understand quickly and easily, so don’t confuse them with your list of skills.

  • Business Cards: Make sure you only have one card that carries a clear message about you and your niche. I have met too many coaches who hand out multiple cards for multiple “Businesses” at networking meetings and it can harm your credibility.
  • Be Professional And Organised: Make sure you come across as a business person. Coaching may be your passion but if you are out networking then you are talking to people who are there to make connections and do business. They want to talk to other professionals who are serious about doing business. Making friends with them may come later but if you want other networkers to refer you on then they must have confidence in you as a business person.
  • Talk To People: Be friendly and open and make an effort to talk to people. As a Coach you are skilled at this part but a common mistake I have observed is that Coaches get talking to one person and get stuck. If you can, identify the people you want to speak to before you arrive and then target them. If you cannot do that then make sure you break rapport if necessary and move on. Talk to as many of the right people as you can. You don’t want to be seen to monopolise one person’s networking time so moving on will be good for both of you.
  • Follow Up: Always follow up with people who express an interest in you or your services. Make sure you develop a professional and focussed system for following up and it will become a habit. It could be a letter, email or a call but make sure you connect with everyone who expresses an interest.
  • Your USP: Have a Unique Selling Point clearly defined and put into a short simple message. This will come out of a combination of your niche and your strengths. What do you offer that is unique? With Six Billion people in the world the chances are your unique selling point is not that unique but make it something unique to you, your area or your particular offering. Don’t re-invent the wheel but have something interesting that will make people take notice and remember you.
  • Have A Sales Ramp And A Sales Process: You are in business and if you want to do business then you need to have a Sales Process to take your clients through. Link it to a Sales Ramp that allows you to sell different products to different people, to up-sell when possible and catch people who are not ready for your top product. Multiple points of sale are a great way to form relationships that you can build on.
  • Elevator Pitch: Create a 20 second pitch that answers the question: What do you do? Too many coaches I have met cannot answer that question in less than a minute or two. Create a short answer focussing on your niche and then practice it until it sounds natural.
  • Your 60 Seconds: Have a 60 second speech and practise it until it sounds natural. It should include the following:
    • Name, Company and Location (if relevant)
    • What you do – your niche
    • Why should they come to you – your USP
    • Who you want to meet – be specific about the referrals you want
    • Make an offer or have an anecdote – something to ensure they remember you
    • Close with Name and Company
  • Stay After The Meeting: Hang around and talk to people after the meeting. The primary purpose of networking meetings is to build relationships. Focus on building relationships by asking the right questions and listening to the answers. Remember that people love to talk about themselves so ask more than you tell. It is the relationships you build in the meetings and in the 1-2-1s that get you the referrals. People will only refer you if they like you, trust you and believe you have a worthwhile service.
  • Debrief: Always debrief yourself after the event – what worked and what you can improve on. Networking is a learning experience so make sure you learn from your successes and mistakes. Pay attention to the networkers who stand out and model some of their behaviours and phrases.

I have worked with a number of coaches who came to me to help them get better results from networking. The points above have enabled them to focus on what they should be doing. Start with the basics, practice and the results will follow. Networking is an important tool for getting clients so get out there and network.

Have a great day.

Angus

About the Author/Further Resources

HeadShotAngus MacLennan works with motivated Entrepreneurs and Small Business Owners. He has had his articles published in the UK, USA and Australia and has worked with clients across three continents.

His mission and passion is to deliver amazing value to his clients and help them develop their businesses – allowing them to have the work/life balance they really want.

Check out his blog and learn more at: www.coachingentrepreneurs.co.uk

Twitter: http://twitter.com/angusmaclennan
LinkedIn: http://uk.linkedin.com/in/angusmaclennan

He loves what he does so get in touch and book a free session.