Hey friend,

Thinking about diving into the world of coaching and entrepreneurship? Let’s break it down with some pros and cons.

Pros:

1. Freedom Galore: Enjoy the flexibility to set your schedule and work from anywhere. Pajamas, anyone?2. Impactful Work: Make a real difference in people’s lives by helping them grow and succeed.3. Creative Expression: Craft your unique coaching approach and bring your creative ideas to life.4. Limitless Earning Potential: Your hard work can lead to financial freedom and unlimited earning potential.5. Autonomy: You call the shots – it’s your business, your way.6. Continuous Learning: Embrace a journey of constant self-improvement and learning.


Cons:

1. Initial Workload: Building a coaching business reflection takes time and effort, especially at the beginning.
2. Uncertain Income: Income might be inconsistent initially, requiring careful financial planning as you grow your business skills.
3. Wearing Many Hats: You’re not just a coach; you’re also a marketer, accountant, sales advisor, and admin.
4. Client Acquisition: Attracting clients can be a challenge, especially in a competitive market.
5. Isolation: The solo entrepreneur life can get lonely; finding a community you feel connected to becomes crucial.
6. High Expectations: Clients might have high expectations, leading to pressure and stress if you don’t have guidance, support, or a fully developed program.


As long as you know the pros and cons, the final question is… Do you WANT to? Cause it can be really fun if you’re excited about it!!

Have a question about what it’s like to run your own coaching business? Check out my Sustain Your Passion podcast for a thorough exploration of what it takes to get started!