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In this conversation, Emma Storey-Gordon and Jules discuss the often-taboo topic of money in the coaching industry. They explore the importance of financial success for coaches, the mindset shifts required to view oneself as a business owner rather than just self-employed, and the impact of community and surrounding oneself with successful individuals. They also touch on generational attitudes towards money, the importance of intentional spending, and the need to overcome limiting beliefs to achieve financial freedom.
Takeaways
Most people want to be rich but hesitate to admit it.
Caring about money doesn't make you a worse coach.
Money can alleviate stress and solve problems.
Self-employment offers more control than traditional jobs.
Surrounding yourself with successful people is crucial.
Generational mindsets can limit financial views.
Intentional spending aligns with personal values.
Treat your coaching as a serious business.
Overcoming limiting beliefs is essential for growth.
You are capable of achieving financial success.
Titles
The Money Talk: Why Coaches Should Embrace Earnings
Breaking the Silence: Money in Coaching
Sound bites
"I want to be rich."
"You should care about profits."
"Money can solve a lot of problems."
Chapters
00:00 Chewing the Fat: The Importance of Money in Coaching
02:56 Breaking the Money Taboo: Why We Should Talk About Earnings
05:37 The Security of Self-Employment vs. Traditional Employment
08:43 Mindset Shifts: From Self-Employed to Business Owner
11:21 Surrounding Yourself with Success: The Power of Community
14:16 Generational Mindsets: How Upbringing Affects Financial Views
17:07 Intentional Spending: Aligning Expenses with Values
19:57 Taking Action: Building a Business Beyond Average
22:30 Overcoming Limiting Beliefs: The Path to Financial Freedom