5. Business Coaches Are Stealing Your Advisory Clients

If you have been in business for more than the last 5 minutes you will know what a business coach is. The coaching industry has done a great job of marketing itself, and ensuring that all business owners believe that they need a coach. When, in fact, what business owners need (in most instances) is an expert advisor with a financial background – YOU. Business coaches are stealing your clients. Key Takeaways:Business Coaches vs. Business Advisors: Amanda emphasizes the significant difference between business coaches and business advisors, highlighting that many business owners are not aware of what a business advisor does and instead opt for business coaches.Opportunity for Financial Professionals: There's a huge opportunity for accountants and financial professionals to step into the role of business advisors, as they possess deep financial knowledge that most business coaches lack.Shifting Mindset: Amanda stresses the importance of shifting the mindset from being just an accountant or financial professional to embracing the role of a business coach, leveraging their expertise in finance.The Competitive Advantage: Financial professionals have a strategic advantage due to their in-depth understanding of finance, which is often lacking in traditional business coaches.Customized Advice and Risk Management: Accountants and financial pros can provide tailored advice, manage risks effectively, and ensure businesses are both profitable and compliant.Redefining Business Coaching: By embracing the role of a business coach, financial professionals can redefine what it means to be a business coach, offering a more comprehensive and financially-informed service.Embracing the Change: It’s time for financial professionals to step up, embrace their education, experience, and unique essence, and take the market by storm as business coaches.Want more? Join THE FREEDOM TRIBEHere's all the FREE BONUSES you'll receive when you join our exciting community on Skool; The Freedom Tribe Global Community Of Peers: CPAs, accountants, fractional CFOs, bookkeepers and finance professionals from all over the world sharing ideas, best practice and innovations with each other. Digital copy of Amanda's NEW BOOK, the Business Advisor Playbook: 300+ pages that will transform your approach and share the strategies you need to create, sell and deliver business advisory services. Digital copy of 500:200 Model™ Guide: My tried-and-tested formula for taking home at least 200K with business advisory revenue of 500K. 12 Days Of Business Advisory video series: that walks you through creating the perfect advisory offer. Hand Picked And Categorised episodes of the Business Advisor Podcast to accelerate your journey from a compliance-led to an advisory-led practice. PLUS: There are a few other surprise bonuses that can be UNLOCKED once you are inside the community: Get Clients Course and 5 Day LinkedIn Challenge. Super excited to see you there, and looking forward to helping you achieve all that you want in life. -Speak to you in the next episode...