If you are sharing posts on social media or having lots of conversations, but not gaining a ton of new clients or feel like you’re spinning your wheels a bit, this episode is for you!

If you are getting the question “What certifications do you have?” often, then this episode is for you too! Building trust in financial coaching is key.

In episode 24, we explored the things you need and don’t need to launch your financial coaching business. One of the things I said you don’t need is a certification or letters after your name and how all too often, if you get asked this question, what it means is that a person is LOOKING for a reason to trust you because you haven’t given them enough other reasons.

They’re thinking, “I’d like to hire her” yet they’re still hesitating, there’s something missing and chances are, they don’t know what that is which is why they ask about your credentials.

But I promise, the more you focus on trust-building in your marketing, the less you will hear that question.

The Know-Like-Trust Factor

Let’s start with a foundational business concept you’ve probably already heard – it’s the Know-Like-Trust (KLT) factor. The KLT is a marketing concept based on the idea that people are more likely to purchase from a brand they have a relationship with. Because of this relationship, people are familiar with you; they’ve formed a connection with you. They have an affection for you. Most importantly, they believe in your integrity. All of these things, when firmly in place, translate to the person feeling ready, even excited, to do business with you.

In other words, we’re really focusing on the TRUST element of this. How do we help people to trust us? How do we earn peoples’ trust? Well, Coach, that’s the Trust Triad.

Unpacking the Trust Triad

The Trust Triad is built on the foundational marketing principle of the Know-Like-Trust factor, which posits that individuals are more likely to engage with and purchase from someone they feel a connection with. This connection is fostered through familiarity, affection, and, most crucially, trust in the person’s expertise and integrity. The Trust Triad narrows down this concept, focusing intensely on trust as the primary driver of engagement and action.

The Three Pillars of Trust

Trust in the Coach:

At the heart of the Trust Triad is the belief in the coach as a skilled and knowledgeable guide capable of leading clients to their desired outcomes. Building this trust starts with authenticity. Coaches should strive to be genuine in their interactions, sharing personal anecdotes, including missteps and triumphs, to illustrate their relatability and approachability. Incorporating real-life photos and stories into your social media and website can make you more personable, encouraging potential clients to see you as a trusted confidant.

Trust in the Process:

Convincing prospects that your coaching program or methodology is the right path for them is another critical aspect of the Trust Triad. This involves transparently sharing the structure of your coaching, the benefits it offers, and the successes past clients have achieved. Naming your programs, outlining the steps involved, and showcasing tangible results are all strategies that can bolster trust in your process. Additionally, demystifying what coaching looks like and feels like helps potential clients visualize themselves in the journey, making the decision to engage less daunting.

Trust in Themselves:

The most challenging yet rewarding aspect of the Trust Triad is inspiring clients to believe in their capacity for change and success. This pillar is about nurturing a sense of self-efficacy in your audience, reassuring them that transformation is within their grasp. Sharing motivational content, success stories, and providing platforms for self-reflection can gradually build this self-trust. Engaging your audience with content that encourages them to reflect on their own abilities and past successes can be a powerful tool in fostering this belief.

Implementing the Trust Triad in Your Coaching Practice

So how do you begin to foster a Trust Triad within your coaching practice? Going back to the three aspects of the Trust Triad, here are some places to start:

  • Crafting Authentic Content: Whether through blog posts, social media updates, or newsletters, ensure that your content reflects your true self. Authenticity breeds trust.
  • Showcasing Real Success: Regularly share client testimonials and success stories across your platforms. Visible proof of success not only validates your coaching approach but also shows potential clients what’s possible.
  • Facilitating Self-Discovery: Use your platforms to encourage your audience to engage in self-reflection and recognize their strengths. Polls, quizzes, and interactive content can be effective tools.
  • Consistency is Key: Whether it’s a weekly live session, a regular blog post, or a monthly newsletter, maintaining a consistent presence reassures your audience of your dedication and reliability.
  • Engagement: Actively engage with your audience. Respond to comments, participate in discussions, and create spaces for open dialogue. This not only builds community but also deepens trust.

The Path Forward with the Trust Triad

Embracing the Trust Triad in your financial coaching practice is a commitment to fostering genuine relationships based on mutual trust and respect. By concentrating on building trust in you as a coach, in the coaching process, and in your clients’ own capabilities, you create an environment that is ready for transformation and growth. As you integrate these principles into your marketing and client interactions, watch as your financial coaching practice flourishes, marked by deeper connections, more engaged clients, and transformative coaching outcomes.