When you’re just starting out as a financial coach, there’s a lot to consider. That’s why finding free financial coach training that is full of the best tips and resources around can feel like striking gold. It’s the difference between conducting hours of endless Google searches and diving into content that feels like it was custom-made for you. And if you’re a new coach, that probably feels better than wrapping up in your coziest blanket.
If you’re a coach who is at the start of your coaching journey, you have to decide who you want to coach. You need to figure out how to price your services. You want to find ways to become a coach that gets results and doesn’t shy away from sales conversations. You have to determine when you can take this “what if” idea and turn it into a lucrative side hustle or possibly even a new career. Oh, and you have to figure out how to launch and run your own business.
Feeling overwhelmed yet?
Like I said, it’s a lot. When I left corporate America to start financial coaching full time, I was flying solo and somewhat blind. It was an exciting and nerve wracking time. There weren’t many people who were financial coaching then, so it was a lot of trial and error, setbacks, and wins. You better believe I celebrated those wins whenever they happened, no matter how big or small.
I Love Helping Financial Coaches Who Are Just Starting Out
It’s no secret that I love financial coaches. Seriously, a lot of my favorite people are financial coaches. I think it takes a certain heart, mind, and drive to be a successful coach. For anyone wanting to pursue coaching, I want them to feel more supported and part of a community than I did when I first proudly (and somewhat nervously) proclaimed I was a financial coach.
That is why we have created what I believe are the best free training and resources for financial coaches since launching the Financial Coach Academy. We have videos, downloads, guides, and support galore to help you get answers to all those just starting out questions.
The best resources and free training for newer financial coaches
Watch My 7 Mistakes Training Video
In this free 20-minute training video, I cover the top seven things that held me back when I was just starting out as a financial coach. It’s a “hindsight is 20-20” kind of video. So if you’re a newer coach or thinking about becoming a coach, this video is a great resource. My seven mistakes include:
- Not paying attention to your client’s journey
- Caring more than your client does
- Thinking you can help everyone
- Comparisonitis
- Offering a course too soon
- Perfectionist planning
- Not realizing your own value or worth as a financial coach
You can sign up to watch my 7 financial coaching mistakes here. If I can stop even one person from doing any of these things, it will be worth it.
Join Our Facebook Group With Loads of Free Training and Resources
Our free Facebook community called Financial Coaches Unite is my favorite place on the internet. It’s full of thousands of coaches from all over the world who are posting and interacting daily and truly helping one another learn and grow as financial coaches. I and the other coaches who run the Academy post in there frequently, but even without us, this group is stellar. It’s a great place to ask questions and get different perspectives from dozens of coaches from all over the world in different stages of their business.
But the best part is the guides. In that group, we have a robust collection of free training videos, guides, and downloads that are all for the taking. The guides include our answers to the questions we are most commonly asked about starting and running a financial coaching business.
Join the group and check out the guides immediately for loads of free training and resources.
Subscribe to Our Financial Coaching YouTube Channel
We go live a lot in our Facebook group and often times those videos end up being really helpful to any financial coach who is looking for ways to start a business, get more coaching skills, have better conversations, and ultimately make money as a coach. We repurpose a lot of those videos and put them on our financial coaching YouTube Channel.
Read My 5 Best Tips for Getting Started As A Financial Coach
I wrote this blog post years ago, but the advice in it remains true. These five tips still apply to anyone looking to start a financial coaching business. So much so, that they are built into the core modules of what we teach in our signature financial coaching training course. They include:
- Figure out your Why
- Craft and tell your why story in a way that resonates with your ideal client
- Ditch your imposter syndrome (and stop hunting for fancy certifications)
- See your skills for the service they are and price accordingly
- Have conversations and get referrals
Read my five tips for how to start a financial coaching business here.
Order The Financial Coaching Playbook, Our Financial Coach Training Manual
I wrote the book on financial coaching. No, really. I did.
It’s not free, but this financial coach training manual is a steal at less than $40. But calling it’s a book doesn’t do it justice. It’s so much more than a book. The Playbook contains everything a coach who’s just starting out needs to take on clients and build their business.
I designed this book to be a workbook as well. In the spirit of Financial Coach Academy, I don’t want you to just learn. I want you to take action. Even if it’s messy action. Especially if it’s messy action. That’s why the book is full of prompts and places for you to write and journal out your thoughts and inspire you to do this thing called financial coaching.
It’s sold at all the places – Barnes & Noble, Amazon, Wal-Mart, Books-a-Million. You can read excerpts, reviews and see what the Financial Coaching Playbook is all about here.
A Piece of Free Advice: Take Messy Action
When I was just starting out as a coach, I didn’t always know what I was doing. But I was always experimenting and trying new things. I said yes when I wasn’t sure what the outcome would be. I said yes when I was scared. It was messy action to the maximum. I didn’t wait for things to be lined up perfectly before I did something.
I took calculated risks. I sometimes fell flat on my face. But I kept going because I love this business. I love the people it has brought into my life. I love the way I have been able to make a difference in the lives of people who felt lost, frustrated, and hopeless about their financial situation.
So if you are just starting out, please keep going. We need more financial coaches in the world. So keep on taking action even if it feels messy. Maybe even especially if it feels messy.
I have completed the Dave Ramsey Master Coaching course and I am looking at helping my fellow military members become financially savvy. Too many people waste 20 years of their biggest money making years living paycheck to paycheck with nothing to show for it. I have been trying to figure out if I want to start an IG page for this new business I want to create. Or should I go the Dave Ramsey Preferred Coach route and open my clientele options to more people? Thoughts?