Industries — Executive Coaching Practices
5 marketing mistakes executive coaching practices owners make
The five mistakes below cost executive coaching practice owners more money than any competitor does, and the first one is treating a measurement problem as a demand problem.
8 min read · Reviewed by both partners
None of these are exotic. They are the five that show up again and again when we read the numbers of a executive coaching practice that has been spending without moving.
They are listed in order of what they cost, not in order of how obvious they are. The expensive ones are rarely the obvious ones.
There is no license to be a coach, and that is exactly where the risk sits.
Step by step
Buying attention before fixing the model
The instinct when growth stalls is more traffic. If nothing about the title is protected, so credibility has to be manufactured from evidence the buyer can check then added traffic amplifies a leak and the invoice arrives either way. Diagnose first; it is the cheapest step in the sequence.
Not knowing which source produced the revenue
Most executive coaching practice operators can state last quarter’s spend and not last quarter’s source mix. Without that, every budget decision after it is a guess wearing a decimal point.
Ignoring the vertical’s own rulebook
Psychology is a licensed profession regulated state by state, and practicing it — diagnosing or treating mental health conditions — without a license is unlawful, while coaching is unregulated and open to anyone. Generic playbooks discover this after the money is spent.
Underfunding the thing that already works
Almost every executive coaching practice has one channel quietly outperforming the rest — often a specific-buyer positioning — a level. It is usually the one nobody has bothered to systematize, because it never asked for budget.
Killing programs at month four
Compounding channels look like failures right up until they do not. Programs get cancelled one quarter before payback more often than they get cancelled for being genuinely broken.
Common mistakes
Confusing activity with progress
A busy quarter of posting, posting, and posting produces a report full of numbers and a bank balance that has not moved. Ask what each activity was supposed to change.
Hiring for execution before strategy
A freelancer executing an undiagnosed plan produces well-made wrong work. For a executive coaching practice the sequencing matters more than the staffing.
Frequently Asked Questions
5 marketing mistakes executive coaching practices owners make?
None of these are exotic. They are the five that show up again and again when we read the numbers of a executive coaching practice that has been spending without moving.
Where does this fit in the Growth Scaling Method, and what should a business owner do next?
It sits under Executive Coaching Practices in the Growth Scaling Method. The next step for an owner is the $1,500 Assessment, which reads your own numbers against everything described above.
What is the investment?
The one-time Foundation runs $4,500. Whether a monthly program follows, and at what level above the $5,000 floor, is a decision the Plan of Action makes with the numbers in hand.
Who delivers the work?
Both founding partners, every time — strategy from David Mitroff, Ph.D., systems and measurement from Steven Lockhart.
References
- www.federalreserve.gov — primary source
- www.uspto.gov — primary source
- www.sba.gov — primary source
Find out which of these is costing you
Two hours and your real numbers name the constraint. The rest of the list stops mattering once you know.
Growth-Scaling is a marketing and business-scaling firm. It is not a licensed practitioner in any client vertical and does not provide medical, legal, financial, or contracting services; all industry content on this site is marketing and growth guidance for owners in those fields. Figures describing past engagements refer to specific businesses under specific conditions and are not a prediction of any future result. No outcome is promised.
Written by Steven Lockhart, reviewed by David Mitroff, Ph.D. Figures and regulatory details reflect the cited public sources; requirements vary by state and situation. Growth-Scaling is a marketing and business-scaling firm, not a licensed practitioner in any client vertical.