Episode Transcript
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Today, we're diving into one of my all
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time favorite topics. Service
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providers and coaches are often
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put into the same bucket. Only
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these two different titles couldn't
0:12
be more different. What
0:14
a done for you service provider needs
0:17
in terms of branding and marketing
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are so very different from what a coach
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needs in terms of branding and marketing.
0:24
And often these two are lumped together,
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so service providers are using tactics
0:29
that are not suited for their
0:31
business. We're going to
0:33
jump into this topic today, talk
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about it in all different ways, shapes
0:38
and forms, and really start
0:40
to separate why these two are so
0:42
different. By the end of
0:44
the episode, you'll understand
0:46
that when you start seeing these tactics
0:48
that are really focused around coaches
0:51
so that you can separate yourself out
0:53
from that and realize that that's probably
0:56
not the best advice for you. How
1:35
did you learn to be a business owner? When
1:37
I started my business, I had absolutely
1:40
no idea what went into running
1:42
a small service-based business. I
1:44
went to school to study software engineering
1:47
with the intention of someday becoming
1:49
a project manager for a software company.
1:52
While I didn't really know exactly what
1:55
path I wanted my career to take. I
1:57
knew I wanted it to involve working in
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software or web design. I'm
2:01
really good with computers. So I felt like it was the
2:04
logical path. I'd taken a few
2:06
business courses, but they were all focused
2:08
around management. For example, how
2:10
to be a good manager, how to handle a team,
2:13
how to handle projects, project schedules,
2:16
and all sorts of other topics. Based
2:18
on the goal of working in a corporate space. After
2:21
I graduated with my master's in software
2:23
engineering, I ended up getting a great
2:25
job with a large corporation. I
2:28
was fascinated by the products
2:30
and services the company offered. And
2:32
I was a really happy there at
2:35
the end of my four years with that company.
2:37
However, it was pretty clear that if I wanted
2:40
to move ahead in a management role, I
2:42
needed some outside experience. So
2:45
I left that position for one at
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a much smaller company. It
2:49
was a very busy time in my life. As
2:51
I had started a family, while all of this
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was going on, I found out
2:55
the hard way that if you don't have strong
2:57
sales and marketing and a small business, that
3:00
small business simply cannot survive.
3:03
So I was laid off and the company
3:05
ended up going under shortly after. It
3:07
was a really unfortunate since it was so great
3:10
company and the software, they were developing,
3:12
had the potential to change. So,
3:17
I didn't know what to do next. I
3:19
knew that I needed flexibility and
3:21
even after a month or so of job searching,
3:24
I hadn't found anything that made
3:26
me super passionate and going
3:28
back to corporate didn't
3:30
hold the same appeal that it used
3:32
to. So
3:35
what did I decide? I decided
3:38
I was going to start my own business.
3:40
I had always loved web design and
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I had that background since it's
3:45
what I had originally planned on doing
3:47
with my life. I
3:49
have always been designing websites
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for friends and family with small businesses.
3:54
Reviewing websites was a passion
3:56
of mine, so I thought I can do
3:59
this so much better than all
4:01
these other people out there who were doing it.
4:03
If they can do it, why can't I?
4:06
I started my own business with little
4:08
to no idea of what I was doing. I
4:11
knew I'd figured out that I had no money in
4:13
the bank had been laid off unexpectedly
4:16
and I had a small child at home.
4:18
And let me tell you they are real
4:20
money pits. My first
4:22
thought was how hard could it be?
4:25
Well, anyone that's just jumped
4:27
off the deep end knows that starting your own
4:29
business is extremely challenging
4:32
and it's extremely difficult.
4:35
So what did I do? I hired
4:37
coaches. I hired a business coach,
4:39
a sales coach, a messaging coach.
4:42
Heck I even hired two sales
4:44
coaches. For many
4:46
of these coaches I've read all of their content,
4:48
watched every video and enrolled in every
4:50
course. I even hired people for
4:52
a team because I needed more
4:54
time to learn from these coaches.
4:58
I picked up bits and pieces along
5:00
the way and was eventually able
5:02
to gain a full understanding of what my next
5:04
steps were. Finally,
5:06
I joined a program about six months ago
5:09
that ended up seriously changing my business
5:11
and it stopped the endless cycle.
5:13
I had found myself in with hiring
5:15
all these different people. The
5:18
thing about all the courses I bought, the
5:20
books I purchased, the coaches I hired is
5:22
that when I initially found them, they were
5:24
geared towards coaches, service providers
5:27
and consultants. This tends
5:29
to be a group that gets lumped in together.
5:32
What I've learned indirectly through
5:34
this new program is that I'm
5:36
primarily a service provider and I provide
5:39
a done for you service to each of my
5:41
clients. I am not
5:43
a coach. When I began
5:45
hiring coaches, I was hiring coaches who
5:47
primarily worked with other coaches since
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they're the ones who were promoting themselves
5:52
the loudest on social media. They
5:55
said they worked with service providers and
5:57
consultants as well. But what
5:59
they were teaching was mainly geared
6:01
towards coaches. In
6:03
fact, I myself have lumped those people
6:06
together in the past. However,
6:08
when it comes to being a done for you service provider
6:10
who provides a certain level of service
6:14
versus a coach, these are two
6:16
completely different business models.
6:19
So let's break that down a bit. A
6:22
coach will typically spend a lot of
6:24
time creating resources, such
6:26
as extra videos, workbooks,
6:28
worksheets, checklists, all sorts
6:30
of other content. These
6:33
things usually take a long time to create.
6:35
So coaches will typically put in an
6:37
extreme amount of effort at the
6:40
beginning of their coaching career. They'll
6:43
update these elements as their skills improved
6:45
and as the needs of their ideal clients change,
6:48
but this is a massive effort
6:51
and it enables them to reuse
6:53
a lot of what they've already created. With
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this approach, they're not making a
6:58
custom course for each individual
7:00
client that comes through their program. What
7:02
they're doing instead is creating one course
7:05
and introducing multiple people to
7:07
that program. As a coach,
7:09
it won't matter if you have 10, 20,
7:11
or even 200 clients, they're typically
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going to receive the same resources
7:15
you've created. Assuming you sell
7:17
your program in the right way. These
7:21
coaching resources serve the same niche
7:23
who have the same set of problems. And
7:25
coaches are basically reusing a bunch of content
7:28
that took a long time to create. Because
7:31
a coach is meeting with a client also
7:33
for a limited amount of time, and
7:35
they're spending the rest of their time, redistributing
7:38
resources and working on their business,
7:40
they're able to take on a higher
7:43
number of clients. I'm
7:45
not discounting the time that it took
7:47
to develop those resources and
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the content, but in doing so,
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a coach is able to take on many more
7:54
clients, and they're not as limited to
7:56
time as a service provider would be.
7:59
When it comes to a done for you service,
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it is a whole different ballgame.
8:05
I cannot provide the same brand
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and website to multiple people. Each
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brand has a different way to differentiate
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itself from other brands, and unique
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messaging. It need specific
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colors along with a unique logo. Each
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website needs to have a different layout,
8:21
copy and messaging. And
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each one of these components is created
8:26
custom for each business. It's
8:29
the same for other service providers. For
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example, if you're a bookkeeper, you're going
8:33
to have a bunch of records that you'll have to clean up.
8:36
Each business owner is going to have different
8:38
expenses and bank accounts. So
8:40
your approach in providing this service
8:42
is going to be in that context.
8:46
With my business, it typically takes
8:48
me about a month to develop a complete
8:50
brand for a client. This
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includes all the messaging, copy, logo,
8:55
colors, website, et cetera. I know
8:57
other brand strategists that will provide the same
8:59
amount of services, but they're going to do
9:01
it over a course of say six months. I'm
9:05
personally able to meet this time commitment
9:07
since I only work with one client at
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a time, whereas a lot of other brand strategists
9:11
will work with more people at a time. It
9:14
really depends on the business model
9:16
for the service provider, but even
9:18
with six clients at a time over say a six
9:20
month period, it is still
9:22
far less than what
9:24
a coach can typically provide. Looking
9:29
at the difference between these numbers
9:31
and the amount of clients that a service
9:34
provider can take on versus a coach,
9:36
it's clear that these are two very
9:39
different animals when it comes to
9:41
the goal of branding and marketing a coaching
9:43
business versus a service based business.
9:46
So when it comes to the goals, marketing
9:48
for coaches very different. The coach's
9:50
goal is to get their message out to the masses
9:53
in order to sell to as many people as
9:55
possible, because they can take
9:57
on that higher number of clients.
10:00
This is necessary because
10:03
in the coaching world, you need a lot
10:05
of clients in order to make the money
10:07
that you could otherwise make as a service
10:09
provider. A service
10:11
provider on the other hand works with less
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people, but they
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can typically charge more because
10:18
they're giving people their time back.
10:21
And what is that time worth to them?
10:23
The goals of their marketing becomes
10:25
less about getting in front of a lot
10:27
of people, but more about getting
10:30
in front of a small group of the right people.
10:33
We're going to explore this a lot more
10:35
in future episodes, but
10:37
for brief example, It
10:40
is not unheard of to
10:42
pay tens of thousands of dollars
10:45
to a service provider without
10:47
blinking. However,
10:51
it's not as easy when it comes to coaches
10:53
to raise their prices, to that point, they need
10:55
to be extremely established
10:57
to charge the same amount. Coaches
11:00
and done for you service providers are very, very
11:02
different. The marketing and messaging is very
11:05
different. I wish I had
11:07
known that I wanted to be a done for you service
11:09
provider, and I wish I hadn't
11:11
worked with coaches who primarily
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worked with other coaches or with
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service providers who want to eventually
11:18
become a coach because that's a thing too.
11:21
The coaches I hired were great, but
11:23
because the goals of these two niches
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are so different, I was applying
11:28
the wrong advice and going down the wrong path
11:30
for awhile. I got to where
11:32
I needed to go eventually,
11:35
but the point of hiring someone is to take
11:37
a shortcut, not the longer way around.
11:40
Coaches and service providers are not the
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same. I know I've said that a lot during
11:44
this episode, but it is so important
11:46
to understand that when
11:48
it comes to hiring
11:51
other people for your business. These
11:54
two different models need very different
11:56
things in their businesses. And I wish I'd
11:58
known that at the start so that I could
12:00
have hired appropriately for my own business.
12:02
And that's what I want for you. Thanks
12:08
for listening to today's episode. If
12:10
you want to learn more about the differences between
12:12
the done for you versus coaching business
12:14
model, check out the small business boss
12:16
podcast episode. I have linked in the show
12:18
notes. I've also linked to the no
12:20
BS agency program that I talked about
12:23
In the next episode, we'll be really
12:26
digging into the differences between coaching
12:28
strategists and consultants. So
12:31
you'll know exactly what to call yourself and
12:33
even better who you should hire for your
12:35
business based on where you're currently at. If
12:37
you're struggling to define your own role,
12:40
check out the show notes for a quiz that
12:42
will help you gain clarity for your own business.
12:45
And don't forget to hit that follow button to be
12:47
notified when new episodes.
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