Ep 24 - Team's & Coaching, Behind the Curtain

Summary In this conversation, the hosts discuss the complexities of coaching teams, the differences between 1099 and W-2 employment, and the financial implications for coaches. They share personal experiences regarding client relationships, marketing strategies, and the challenges faced when leaving a coaching team answering some of the questions many people have about when coaches split from a team. The discussion also touches on the future of the coaching industry and the importance of networking and support among coaches. Chapters 00:00 Introduction and Group Chat Dynamics 02:57 Weather Talk: Cold Snap Experiences 05:52 Understanding Coaching Teams and Relationships 09:01 Navigating 1099 Employment and Tax Responsibilities 11:59 The Financial Aspects of Coaching: Pay and Expenses 14:58 The Business of Coaching: Splits and Overhead Costs 20:05 The Hidden Costs of Coaching at Shows 23:07 Understanding Client Splits and Financial Realities 26:02 Transitioning from Team to Independent Coaching 30:09 Navigating Client Relationships and Retention 34:03 The Abrupt Nature of Leaving a Coaching Team 37:01 Health Insurance and Financial Planning for Coaches 40:00 Marketing Challenges in Coaching Teams 45:01 Unexpected Inquiries and Their Impact 48:07 Navigating Client Privacy and Photo Usage 51:02 The Challenges of Team Dynamics 55:01 Building a Coaching Career: Expectations vs. Reality 59:53 The Future of Online Coaching and Industry Evolution     Interested in working with one of us? Contact us here: Stephen Beaugrand - https://www.awkwardcrew.com/ Kayleigh Obert - https://www.cupcakemuscle.com/  Phil Pirtle - https://www.fitbodinstitute.com/