Season 106 Episode 3542
The Key to Building a Profitable Coaching Business: Standing Out in a Diluted Market - Yuri Elkaim
In this conversation, Yuri Elkaim discusses his transition from being a health expert to helping coaches and health practitioners scale their businesses. He emphasizes the importance of clarity in coaching and the need to specialize in order to stand out in a crowded market. Yuri also challenges the misconception that fame and a large following are necessary for success. He shares his perspective on the role of paid advertising in building a business and the importance of investing in oneself. Finally, he highlights the power of coaching and mentorship in overcoming mindset issues and achieving success. In this conversation, Joel Evan and Yuri Elkaim discuss the power of coaching, the importance of community, and the trends for coaches in 2024. They also dive into the structure of the Healthpreneur program and the value of expertise and community in coaching. Takeaways ✅ Specializing and clarifying your niche is crucial for standing out in a crowded market. ✅ Fame and a large following are not necessary for success; expertise and the ability to solve a specific problem are more important. ✅ Paid advertising can be a faster way to generate business results, but it requires knowledge and skill to be effective. ✅ Investing in yourself, whether through coaching or mentorship, is essential for personal and professional growth. ✅ Overcoming money mindset issues is crucial for building a successful business. Coaching helps individuals challenge their limiting beliefs and tap into their full potential. ✅ Surrounding yourself with like-minded people in a community of healthpreneurs is crucial for success. ✅ The Healthpreneur program focuses on attracting leads, converting clients, and delivering results. ✅ In 2024, coaches should focus on developing their expertise, building community, and making long-term decisions. a mega 04:15 Transition to Helping Coaches and Health Practitioners 07:26 The Importance of Clarity in Coaching 10:13 The Problem with Being a Generalist 19:24 The Misconception of Fame and Success 25:04 The Role of Paid Advertising in Building a Business 30:28 The Importance of Investing in Yourself 35:42 Overcoming Money Mindset Issues 39:01 The Power of Coaching and Mentorship 41:46 The Power of Coaching and Challenging Limiting Beliefs 43:19 The Importance of Community and Surrounding Yourself with Like-Minded People 44:00 The Healthpreneur Program and its Structure 48:53 Trends for Coaches in 2024: AI and the Importance of Expertise and Community 52:07 The Value of Community and Connection in Coaching 52:54 Where to Connect with Yuri Elkaim