Consistency & Courage: Pricing Strategies for New Coaches with Marc Mawhinney

Send us a textPricing strategies for new coaches. Have you ever thought to yourself, "I'm new coach, I can't charge that much."Even worse. Maybe someone advised you not to charge me. As a result you're afraid and holding yourself back from charging more.Between bad advice, not knowing how to do it and feeling a lack of confidence it's no wonder you feel confused about where to set your prices in your new coaching business. That's one reason why I've asked seasoned coach for coaches Marc Mawhinney to join me on the show.In this engaging episode of Live With The Pricing Lady, Marc, a lifelong entrepreneur and expert in coaching shares with us his pricing journey. We dig into the intricacies of pricing as a fundamental aspect of building a sustainably profitable business. He shares his journey as a coach, reflecting on his initial pricing challenges and the lessons he learned about valuing his services correctly. We discuss the significance of setting boundaries, understanding the value you deliver and the common pricing struggles faced by new coaches. Marc emphasizes the critical role of consistency, confidence, and courage when approaching pricing.Whether you're a new coach or reevaluating your current pricing model, this episode offers invaluable insights to help you confidently charge for the value you deliver. Don't miss these essential pricing strategies for new coaches and the wisdom shared in this episode. Listen now! What to Listen out for:03:42 Journey into Coaching and Business Beginnings05:23 The Challenges of Pricing in Coaching12:41 The Importance of Setting Boundaries15:38 Strategies for Pricing and Client Management22:42 Valuing Experience and Growth in Coaching24:21 Key Takeaways and Final ThoughtsEpisode Links:Reach out and talk to Marc.Website:  https://www.naturalborncoaches.com/ LinkedIn: https://www.linkedin.com/in/marcmawhinney/Don't go yet. If you're enjoying the show please rate and review. It helps us spread the word to more people and ultimately get more small businesses on the path to sustainable profitability and business success. Thanks for Listening.What’s Next?Let’s TalkLooking for pricing support or interested in a partnership? Start here.Connect on LinkedInConnect with me on LinkedIn for practical pricing insights, new episodes, and behind-the-scenes updates.Why Pricing Feels So HardCurious why pricing feels so difficult? Explore the decisions behind confident pricing. Mentioned in this episode:The Pricing Lady is a proud member of the SwissCast NetworkDiscover more great podcasts for English-speaking SwitzerlandSwissCast Network