Professional Documents
Culture Documents
“Discover Our Two-Pronged Approach
For Scaling Our Coaching Company To
Over Half A Million Per Month…”
If you’re a coach, consultant, or course
creator... and you’re ready to scale to 6, even
multiple 6 figures monthly ...
... read every single word of this report.
Inside, you’ll find the exact path we’ve taken
to scale our own coaching company from
zero to $500,000+/month in the past 12
months.
In a moment, we’ll dive into the exact
systems, processes, & methodologies that
have allowed us to scale at such a rapid rate.
But first, let’s rewind a sec:
In January of 2019, we decided to launch our first coaching company.
Leading up to that moment, we had grown a Facebook group from zero to
18,000+ people & it was one of the most active & engaged groups in our niche.
Because of that, we had folks reaching out to us almost daily asking for help
growing & driving engagement in their own groups.
So we had this little lightbulb moment & thought to ourselves “let’s start teaching
this” and that’s how our first coaching business was born.
Many of you reading this now have had a similar “aha moment” causing you to
start your own coaching biz.
You have an expertise. People ask you for help. You help. Your methodology
works for them too. So you think to yourself, “Maybe I can turn this into ‘my
thing’?”
And your coaching company is born. What a beautiful thing.
For us though, our first year in biz was a struggle.
We didn’t know how to price our programs, structure our business model,
acquire clients, etc.
We were good at “coaching”, but we weren’t very good yet at the “coaching
business”.
So we spent 2019 fumbling around, trying to figure things out …
… and with a whole lot more heart than talent, we managed to get up to ~$20k
per month in revenue & squeaked out $200k for our first year in business.
And boy, was it messy.
We launched a slew of offers.
High ticket coaching. Low ticket continuity. Medium ticket courses.
You name it, we did it.
Some of it worked a little, some not at all.
We launched a myriad of different funnels & marketing campaigns:
Webinar Funnels. Facebook™ Ads. Cheat sheets. VSLs. Organic outreach. Etc.
With a barrage of marketing, we had moderate, yet unsustainable success.
By December of that year, we were beat.
Even though we were revving ~$20k/month, we were working 60 hr+ weeks, &
we were exhausted.
Client fulfillment took up so much of our time that we’d sabotage new client
acquisition …
... Because in a weird way more clients meant more work, which meant more
pain.
Not that we were truly in control over acquiring new clients anyhow.
Some months we’d get a rush of new clients, others no new clients at all.
Our coaching business became a rollercoaster of revenue & emotion.
So at the end of 2019, we came to a crossroads:
“Do we want to go all in this coaching business or do we want to hang up our hat
& do something else?”
Because we absolutely love coaching, we chose to double down.
And with $30k in our ops account, we joined a $24k mastermind.
Terrified. But excited.
With a few small insights from folks in the mastermind, we began to figure
things out.
The very next month, in January of 2020, w e hit $70k in a single month, 3x more
than what we had done in December.
A few months later, we had our first $100k month.
In July, we pulled in $300,000 in a single month.
By December of 2020, just 12 months after nearly calling it quits, we were
generating $500k+/month in revenue.
We generated $213k in 2019.
And $3 million+ in 2020.
Here’s what growth like that looks like:
“How?”
That’s the question we’re getting a lot of now.
And this report is our answer.
// A WORD OF WARNING...
Some of what you’ll be reading next is “advanced”.
Meaning, if you’re new to your coaching business, some of what you’ll find in this
document may, at times, feel out of reach.
And that’s okay. At the end of this document, we’ll discuss what it looks like to
simply hire us to help you implement what you’ll be discovering here today.
For those of you a bit more experienced, y ou’re absolutely going to love what
you’re about to read.
As we’re about to shine a light on the true inner workings of a m
ulti-million
dollar coaching company & h ow you can build one for yourself.
Again, the math above is based on just 30 new clients/month. We’re currently
enrolling 40-60/month consistently, so the numbers can grow beyond what’s
shown above.
As you can see in the chart, though, the higher the price, the greater your
spending power is to acquire new clients ...
Meaning: i f your program is $1,000, your advertising budget to acquire a client is
just $250 ( to maintain a 4x return).
On a $10,000 program, your advertising budget is $2,500.
(We’ll tell you this … it’s much easier to acquire a $10k client for $2.5k than a
$1,000 client for $250).
At a higher price point, you also need less clients to hit the same revenue
numbers.
If your goal is $100,000/month, that’s 1 00 clients per month at $1,000 each.
Whereas that’s only 10 clients per month at $10,000 each.
(Which plays an important role in fulfillment, which we’ll discuss in a moment).
Now, of course, that doesn’t mean you can infinitely increase your rates & you’ll
infinitely increase your revenue.
There’s a sweet spot for every offer & every market.
We increased the price of our program from $997 to ~$8k & saw almost no drop
in conversions along the way.
When we tested $10k, conversions went down more than we were comfortable
with, so we adjusted the price back down to $8k & that’s our sweet spot.
(Not that $10k can’t work. Again, every offer & market has a sweet spot).
Here’s why this is so important:
Most coaches *think* their problem is lead gen.
“If I just had more leads”, they say to themselves, “ then I’d be able to scale client
acquisition”.
But their problem isn’t leads.
Generating leads is easy.
We generate a few hundred of them each day.
(^^^ The leads we’ve generated today & yesterday)
The hard part is ...
Being able to generate leads *profitably*.
If your program is $1,000.
And your available budget to acquire clients is $250.
You need to get really cheap leads & convert really well to be profitable.
So of course lead gen is difficult.
Our program is $8,000.
So our available budget for acquiring new clients is $2,000.
Which means ...
While most coaches are competing for the “cheapest leads” ...
... we consistently pay *more per lead* than most of our competitors.
And we do so w ith a smile on our face.
Because the economics of our business still work out in our favor.
Most coaches want $3-$5 leads.
While we consistently pay $ 15+/lead ... yet we’re still wildly profitable.
Because we’ve priced our programs effectively.
“He who can pay the most to generate a lead ... wins.”
It’s easy to get more leads.
When you can afford to p ay a
lot for them (and still remain profitable).
We can talk in a moment about the perfect, most scalable price for your program
...
... but first, let’s discuss ...
// SCALING FULFILLMENT
Then we’ll dive deep into daily client acquisition.
If you want to scale to 6, even multiple 6 figures per month, you must be able to:
1: Deliver an epic experience to your clients.
2: Help your clients win like crazy.
3: While simultaneously removing yourself from fulfillment as much as possible.
For example, today, we generate 40-60 clients per month.
And we spend just two hours per w eek on fulfillment.
We’re doing half a million per month, our clients win like crazy, yet we spend just
a fraction of our time on fulfillment.
How is that possible?
Well, depending on the coaching model you’re in, you have two main levers you
can pull...
1: Adjusting your model.
2: Hiring on help.
(Or a combination of both)
Over the past few years, we’ve tested the big 3 models for coaching our clients.
1-on-1 coaching.
Group coaching.
Course, with no coaching.
Each of them have their pros & cons.
In 1-on-1, you have a program that’s easy to sell & clients get great results, but it’s
difficult to scale (because more clients means more time spent fulfilling).
In a course, you can infinitely scale because fulfillment requires very little effort,
but it’s more difficult to sell than 1-on-1 or even group coaching & c lients rarely
win.
What we’ve come up with that allows us to have the best of each world is ...
“Our Hybrid Coaching Model”
Where the core of the program is built on top of a core curriculum (like a course).
We then host weekly g roup training classes with our clients answering their
questions around the curriculum they’re consuming.
And we integrate a few 1-on-1 calls with our clients throughout their experience
for accountability & to give direct feedback on their work.
Compared to pure 1-on-1 coaching, it’s much more scalable.
And compared to a pure course, our clients win at a much higher rate.
This is what allows us to bring on high volumes of clients each month, while
maintaining an excellent client success rate.
The second lever you can pull when it comes to scaling fulfillment ...
... is hiring on help.
Listen ...
We were “solopreneurs” for years.
So the idea of hiring on help was scary at first.
We truly thought we could do everything on our own.
And we could. For a while. We got up to about $20k/month all on our own.
After that, though, if we wanted to continue to scale, we needed help.
So here’s how we did it:
We hired on past clients to h elp us coach our current clients.
They had been through our program, achieved great results, & when we asked
them if they’d be willing to help, they were excited about the opportunity to help
more of our clients succeed.
So we trained them up & today, all of our 1-on-1 calls & the majority of our live
group classes are hosted by p ast clients.
What’s interesting about that is ...
For a long time, our ego got in the way.
We felt like, “our clients need personal attention directly from us to win”.
But what we found was ...
... Some of our top clients were even better at teaching certain aspects of our
curriculum than we were.
This helps free up our time (so that we can focus on other aspects of our
business) ...
... while simultaneously helping our clients win.
Our clients didn’t *need* us as much as we thought they did.
Now, you might not be quite ready to bring on a “client success team” & that’s
okay.
In a moment, we can touch on what the right timing for that looks like.
But before we do ...
... let’s talk about the second piece of the puzzle that’s allowed us to scale so
rapidly.
3: O
f the 100 people per day who join, 50 of them raise their hands, & say “yes” to
having a conversation with our team, right as they join our group.
Imagine having an extra 15, 25, even 50 people per day request to have a
conversation with you about how you can help?
4: N
ow, of course, the majority of the people who join our group don’t even know
who we are yet.
They’ve agreed to have a convo with us, but that doesn’t necessarily mean
they’ve agreed to purchase our coaching program.
What we did early on was ...
We’d reach out to folks & attempt to get them booked for a call with our team as
fast as possible.
Because in the old model of client acquisition, you had just one shot to get the
conversion, so it made sense to sell as hard as possible as fast as possible.
With our group, though, people are in our world. Even if they don’t buy today, it
doesn’t mean they aren’t going to buy ever.
So we have very little fear or scarcity around getting leads booked for calls right
away.
What we do with our new group members today is ...
Talk to them.
We ask them questions.
We find out what problems they’re facing.
(And here’s where the magic comes in ...)
We then match people’s problems to specific posts inside of our Facebook
group.
We’re in the “business coaching niche”, so for us that sounds like ...
“Oh, you’re struggling with lead generation? Here, let me tag you in a video we
have in our group on lead generation.”
“Oh, you’re struggling with increasing your prices? Here, let me tag you in a post
walking you through the ways in which we’ve increased our price”.
We use the group as a way to build h yper awareness in our prospects eyes for
how we can help them.
Our goal with each new group member is that w e don’t even have to initiate the
sales sequence.
Our goal is that our process is so good, & provide so much value up front, that
they reach back out & ask, “ how can I work closer with you guys?”
Which happens. Every day.
Because of the way our process works, we spend very little time creating n ew
content.
We don’t have to.
We only drop one, maybe two new posts per week inside our group.
But we’re consistently leveraging PAST posts that we’ve already written by
tagging new members in them, who would find them helpful.
So we use our group to incubate new leads, build a bond with them, & warm
them up for a call & eventual purchase.
On average, our sales team converts nearly 5 0% of the people they talk to into
sales.
Looking at our sales team KPI’s now …
Over the past 30 days, each call our team has taken has resulted in $3,200 in
revenue generated for our coaching company.
Imagine making $3,200 on average every time you pick up the phone.
The reason why we convert at such a high rate is …
… people are already warm before the call even begins.
How would you like to begin hitting numbers like that? Even on a smaller scale to
begin with?
We’ll talk about what it would like to hire us to help you with that in a moment …
… but first, there’s one more aspect of scaling client acquisition we haven’t yet
chatted about …
// Hiring Help
We were able to get up to around $70,000/month doing all of the sales calls on
our own.
Jan & Feb of 2020, as pictured below, was all us, doing every call:
At that point, though, we hit our cap. We couldn’t physically take on any more
calls, w
hile also running the rest of the business.
So in March of 2020, we decided to hire on help:
You’ll notice that we took a slight step back in revenue, as we brought on help &
built out systems & processes around them.
But look what happened the very next month:
Here’s April:
^^^ Our first 6 figure month & we didn’t take a single call ourselves. Our team
facilitated… Every. Single. One.
We continued to Scale in May, June, & July (with us off the phones) …
Today, we’re doing $500,000+ monthly & we spend *zero* time e ach month on
client acquisition.
We haven’t taken a single call ourselves in over 9 months.
This is the type of freedom coaching business you can build for yourself.
Altogether …
1: We spend less than 2 hrs per week on fulfillment (even though we generate
40-60 clients per month).
2: We spend 0 hrs per week on client acquisition (even though we generate
40-60 clients per month).
This is how it’s possible to grow the type of business we have ...
… while living a great life at the same time.
That being said …
… at this point, we’d love to invite you to work directly with us …
… so that we can help you i mplement everything you’ve just read.
// CLOSING THOUGHTS
We hope you received a ton of value out of this report. When we put this
together, we didn’t want to create just another “fake freebie”.
We truly wanted to provide value & walk you through the exact steps we’ve taken
to scale our coaching company.
Whether you choose to hire us to help or not, we hope you take the principles
we’ve laid out in the report & implement.
See you around the internet,
- Landon & Stapes
P.S. H
ere’s your link one more time to book your free game plan call today.