4. Seed Money & Smart Investments: Avoiding Costly Mistakes in Your Coaching Business
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4. Seed Money & Smart Investments: Avoiding Costly Mistakes in Your Coaching Business
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About this listen
In this episode of The Simple Coaching Practice, Cassie Parks and Jen Madden dive deep into a crucial topic for new and seasoned coaches alike—seed money. Following up on their last discussion about the top 10 things to do before starting a coaching business, they explore what it means to invest wisely in your business from the start.
What You'll Learn:
The importance of deciding on your seed money investment upfront
The biggest financial mistakes new coaches make (so you can avoid them!)
How to take full ownership of your business decisions instead of outsourcing them to expensive coaches
Why spending money on tools like Kajabi, ads, and websites before securing clients might not be the best strategy
How to determine if your seed money is an investment or a loan to yourself
Whether you're just starting or looking to reset your business finances, this episode will help you make confident, empowered decisions about where to invest your money.
Connect with Us at SimpleCoachingBusiness.com