Financial Coach Academy Blog - Ideas and Advice for Financial Coaches

Financial Coaches Unite 21-day New Year Challenge

We are so excited for our 21-day Business-Boosting Challenge to kick off on January 15th!! It's just 21-days long --->You can do ANYTHING for 21 days!! :) We are on a mission to empower financial coaches like you to up-level your business, achieve greater results with your clients and overall, grow as an entrepreneur and as a person! Chances are, you excel with a little bit of friendly competition and positive peer pressure - well this challenge is perfect for you then! Every day there are a number of activities to complete in order to earn points. Most of these [...]

By financialcoachacademy|2020-01-03T17:12:04+00:00January 3rd, 2020|

Cold vs. Warm vs. Qualified: Know Your Leads, Know Your Growth

How to Get More Financial Coaching Clients Through Your Sales Funnel Owning your own business, especially if you’re just starting, will have you thinking a lot about leads. Where do your best leads come from? How can you get more? How can you move them quickly through your sales funnel? These are questions many an entrepreneur has pondered in the middle of the night. We qualify leads in one of three ways; cold, warm and qualified. How we classify each and how we gear our marketing and messaging toward them is different. Here’s how and why. Nurturing Cold Leads Cold [...]

By financialcoachacademy|2019-12-10T18:30:09+00:00December 10th, 2019|

$68k in debt to full time financial coach; Kelsa interviews Kacy Smith.

Kelsa talks with Kacy Smith about her journey from $68k in debt to being a full time financial coach! Most financial coaches follow a similar journey. They start with transforming their own personal finances and realize that they would love to help others feel the same freedom they felt by paying off debt, getting on a budget and having savings in place. Part time to full time challenges The first challenge for most people is the transition to making it a legitimate part time business while maintaining their regular 9-5 job and family life. The biggest challenge is usually that [...]

By financialcoachacademy|2019-11-08T21:19:11+00:00November 8th, 2019|

The Many Faces of a Financial Coach – Kacy Smith

The purpose of The Many Faces of a Financial Coach blog series is to inspire up-and-coming and veteran coaches alike. Our mission is to show the beautiful uniqueness to coaches overall while telling their story, describing their niche and allowing them to offer tips & advice to other coaches. Profiles of coaches are not necessarily participants or graduates of the Financial Coach Academy training program (although some are). It's purely for inspirational purposes only. Name Kacy Smith Website http://straightcents.com When did you start your Financial Coaching business? August 18, 2018 Tell us about your journey to becoming a financial coach. [...]

By financialcoachacademy|2019-11-08T17:23:47+00:00November 7th, 2019|

Using Youtube to build your financial coaching practice – Interview with Brittany Waters

Build your brand with Youtube to create massive reach! Financial coach and Youtube rockstar Brittany Waters is based in Toronto, Canada and is a graduate of the Financial Coach Academy. She is tackling financial stress for millennial women and rocking it. Not only is she pursuing normal marketing avenues such as networking events and social media, she also has created an amazing Youtube Channel. In the following video, Kelsa talks to Brittany about Youtube: It's pros and cons What people are searching for How to get started Idea generation Channel creation Scheduling Formatting How to reach your ideal client What [...]

By financialcoachacademy|2019-10-30T22:29:56+00:00October 30th, 2019|

Gamify your prospecting- an interview with Bill Luhrs

Most financial coaches agree that prospecting new clients is something they hate! And because prospecting is not fun we typically avoid it like the plague! But, in reality, we are probably missing out on being able to actually help people as well as leaving money on the table! Your business Bill Luhrs, a financial coach that focuses on retirement and self managed investing and also a Financial Coach Academy graduate, has taken the old, boring and tedious action of prospecting for clients and modernized it by making it a game! Watch this video of Bill being interviewed by Kelsa and [...]

By financialcoachacademy|2019-11-16T16:46:34+00:00October 29th, 2019|

Tough Client Conversations: When Your Coaching Style Isn’t Working

Here’s the scenario: You get an email from your client. It’s not a good email. In it, they say they’re not sure if your coaching style is working for them. They still want to have a conversation, so the door is not closed, but it’s not as open as you may have thought. What do you do? Beg them to stay? Call it quits? Close up shop and do something else with your life entirely? (Definitely, no to that last one. You got this.) First, let me say this: This kind of email isn’t uncommon. If you've been in business [...]

By financialcoachacademy|2019-09-24T17:22:08+00:00September 24th, 2019|

How Many Financial Coaching Clients is Too Many? Here Are Three Considerations

It's a hard balance to figure out: How many financial coaching clients can you take on before you feel overworked and spread too thin? There's no magic number that works for everyone. At the height of my coaching, I was doing 40+ hours of just coaching sessions in a week (so 40 1-hour sessions probably), but I do not recommend that. I was pretty burnt out, and my business at that time was not scaled properly. Chalk it up to growing pains. But looking back now, I can say there are ways to help you figure out how many clients [...]

By financialcoachacademy|2019-08-31T20:22:22+00:00August 31st, 2019|

From One Experienced Financial Coach to Another: You Got Skills

It's not often this girl gets surprised during a client meeting, so I have to share something that happened last week. I've worked with this client (I'll call her Jenny) for probably 7 or 8 years. It’s been a long time. Jenny is amazing - she’s driven, coachable, honest, self-aware, giving, caring, you name it. Jenny is the best. We have met every two weeks, if not more, for the better part of the last decade, so as you can imagine, I know Jenny pretty well and she knows me. Our journey together has been gratifying for both of us. [...]

By financialcoachacademy|2019-07-24T15:06:49+00:00July 24th, 2019|

Tough Client Conversations: When Your Client is Ghosting You

Your client paid for their sessions, up front and in full. YAY! That’s great. But now, all you hear are crickets. You’ve tried reaching out several times to move them forward in your coaching process, but they are unreachable. You are being ghosted. Or maybe every time they respond, it is only to reschedule for some date a few months away. That’s not so great. If this description fits one of your clients, here are a few things to keep in mind and ways to move the process forward. Lead with Compassion and Concern in Your Outreach You never know [...]

By financialcoachacademy|2019-07-06T18:14:30+00:00July 6th, 2019|

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Financial Coaches Unite

Financial Coaches Unite

A supportive Facebook community for aspiring and trained financial coaches!