Business Case for Investment
Coaching aims to expand your personal capacity.
It’s about identifying your sweet spot and developing
a structure that supports you in utilizing your greatest strengths
both on and off the job.
The 80/20 rule says that 80% of your results come from 20%
of your activity. Coaching seeks to identify those high leveraged
activities and supports you in delegating the rest.
An investment in yourself!
The big question is what is the lost opportunity cost, between
where you operate now and your very best? If you play a pretty
big game and have leverage through your business and other
people, a small up tick in your personal capacity will pay
the monthly coaching fee several times over.
For example, let’s say your income potential is $250,000/yr
in your current business. If you currently operate at 75% of
your potential, your lost opportunity cost is $62,500/year.
Given the average coaching fee of $600/month or $7,200 a year,
you would have an opportunity to recapture $55,300. Let’s
say the coaching helped you move from 75% to 85% of capacity.
That 10% improvement represents $25,000 in income or a 243%
return on investment. As you can see, your return on investment
is driven largely by your potential.
So the big question to
answer is: are you worth investing in?
Moreover, much of the benefits of coaching show up in non-monetary
ways:
Our clients’ report experiencing more harmony and flow
in their lives as they begin to align their most important
roles/goals with their purpose.
|
