Navigating the Shifts in the Coaching Industry: Strategies for Stability and Growth

SUMMARY

In this episode, Angie and John discuss the unsettling trend of declining work availability in larger coaching firms, leading to unease among coaches. They examine the contributing factors such as market saturation, economic shifts, and internal developments within organisations. The hosts provide insightful strategies for coaches to maintain stability, including diversifying income streams, increasing rates, and establishing a unique coaching niche. They emphasise the importance of proactive planning, self-assessment, and the potential benefits of having independent clients alongside those from larger firms. This episode is a must-listen for coaches preparing to navigate the evolving landscape of the coaching industry.

CHAPTERS

00:00 Introduction and Current Market Concerns

00:45 Challenges Faced by Coaches in Big Firms

02:03 Market Competition and Internal Shifts

03:43 Personal Experiences and Lessons Learned

06:34 Strategies for Future Planning

10:31 Self-Examination and Business Decisions

15:45 Proactive Steps and Valuing Your Worth

32:22 Conclusion and Call to Action

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