#163 - Know what to charge for online coaching (Trainer's Lab)

Inside The Mind with Misbah Haque

S1E3 from Trainer's Lab podcast.
Show Notes:
(00:00): Charging your coaching services
(08:38): Charge what you’re worth
(15:46): Basis for charging your clients
(22:34): Know your value
(27:22): How much should you charge for your coaching services?
(29:50): Effectivity of free coaching
(36:16): Creating content to promote your business
(40:23): Finding ideal clients
(44:11): How to make a unique offer
Quotes:
“I think knowing the market and understanding what you're worth, and then not being afraid to ask those are all normal, normal things.”- Blake
“I think the local market is so rich in terms of not just money wise, but they are so rich in terms of opportunity.” - Blake
“I think we're in this new phase where this hybrid model is going to be it.”- Blake
“You can be humble and, like, have humility, when you're doing it come from an honest place.”- Misbah
“The market is really important before you set your prices.”- Blake
“The lower end doesn't offer nutrition, it just gives you programming.”-Blake
“Everybody's a little different.”- Blake
“Creating content is too much work to be promoting something you don't really believe in.”- Blake
“I think it's good to be able to figure out what someone wants.”- Misbah
“The other way to use content is to nurture existing people.”- Misbah
About Trainer's Lab

Dissecting the elements of accelerated remote coaching careers.
Hosted by Misbah Haque and Blake Scheidt.
Misbah Haque is a media producer and trainer from Philly. His top-rated podcast, Inside the Mind with Misbah Haque propelled a 10+ year international fitness career training SWAT team, Cirque de Soleil performers, MLB players, and Fortune 500 executives. After years of helping other athletes and coaches launch successful shows, Misbah started Pod Mahal in 2020 to help underdogs build their own table with podcasting.
Blake Scheidt is a trainer turned coach out of Lakeland, Florida. He specializes in remote coaching for body composition, strength training, and nutrition. Blake has thousands of hours on the floor maintaining a roster of clients both on and off site. Creating more flexibility with time and location for his family was the driver for taking his clients online.
Tools I like:

101 Consultation Questions for Coaches: https://trainerslabpod.com/101-consultation-questions-for-coaches/
Podcast hosting: https://www.buzzsprout.com/?referrer_id=1877735
Podcast editing software: https://www.descript.com/?lmref=WaLovg
Remote recording software: https://riverside.fm/?utm_campaign=campaign_1&utm_medium=affiliate&utm_source=rewardful&via=misbah
Email marketing software: https://convertkit.com/?lmref=EunAZw
Best podcast equipment for beginners under $200: https://mizhq.com/podcast-equipment-for-beginners/
5 Best headphones for podcasting (under $100): https://mizhq.com/best-headphones-for-podcasting/

Disclosure: I only recommend products I would use myself. And all opinions expressed here are my own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission.