We’ve all heard the wisdom of Michael Gerber as he brings home the point: The only reason to build your business is to sell it. But, is there more than one way to ‘sell’ it and reap the rewards of passive income?
Especially in the coaching profession, there is a lot of talk about the industry being in its ‘infancy.’ So why are some coaches quietly but confidently, without fanfare, doing one or more of the following, again and again, increasing their wealth as they do so?
I’m talking about not just straight selling, but a concept I call ‘Outheriting’ as well as Licensing, Creating Associates & Investing. With respect to Gerber, there is more than one way to skin a cat – exit your business at the right time, that is!
If you haven’t yet thought about your exit strategy, you are not alone. But by being willing to do so now, you will:
(1) give new purpose to your daily ‘work,’ making the work less a present-burden and more a future-investment
(2) make the day to day work lighter as a result
(3) make it easier to prioritize the many, many things that seem to cling to your to do list
(4) let you see your life in a bigger perspective, a good thing because too many business owners have their noses so far into their businesses they can’t even reach the top of their heads to scratch an itch!
Any service business will benefit from having a ‘I know how I will exit my business’ mentality and that’s what this May series of the Advanced Coaching Group will focus on.
There will be 3 calls in total; 60 minutes each on the following dates:
Three Tuesdays, May 1, 8, 15 from 100 to 200 PM Eastern.
All calls are led by Andrea Lee: Call #1 is a content-based call; Calls #2 and #3 are laser coaching, role play, demo and case study based, and center upon integration and implementation.
Fee: $150 for all three calls.
[MSOCI members receive one month's membership credit, valued at $27, redeemable after your purchase.]
Some people ask ‘I am mired in the details Andrea and I can’t get out! How do I stop slaving away??’ There are lots of ways to answer, and one of them is ‘Start thinking about an exit strategy. It’s a sure fire way to surprise yourself into looking up and out of your email inbox.’
To Register for the Advanced Coaching Group Theme for April, Click Here:
This month’s Advanced Coaching Group is part of a 7-month series of advanced topics. To register for (or browse) all of the 7 Advanced TeleClass Themes, and consider purchasing at a bundled discount, Click Here.
Note: Register for one or more of the Advanced Coaching Group Themes by September 29, 2006 and receive access to our bonus call entitled “How Do You Get So Much Done, Andrea? | The ‘One-Thing’ Rule and the ‘Two-Second’ Rule with Thanks to Thomas Leonard” (A first-time-ever offering.)
The bonus call is an ‘up close and personal’ call also with implementable tactics taking place on Thursday, October 12, from 100 to 200 PM Eastern. All calls, bonus included, will be recorded for your convenient (re)listening should you prefer.