Why Financial Coaching for Coaches
Have you as a coach been able to realize your dreams? Have enough money to live an abundant lifestyle? Plan after retirement? I know many coaches who do not.
As Coaches, we are changing and influencing lives of others. We are making a difference and taking our clients to their desired goals and results.
In fact, we are doing a wonderful job of improving others’ lives and direction of their lives.
However, where are we?
Have we taken care of ourselves?
In my opinion, being a coach myself, I have seen many of my friends and colleagues who are exceptional coaches are not able to manage their own finances well.
They do not have a sense of financial direction, a financial mindset and so they are in their own businesses but literally have bought themselves a job. The way they explain is that they do not have a boss to report to and feel independent and are content. This far from true as they do have a boss, the person in the mirror is their boss and not a good one either, in terms of handling their finances. Even a few of my good friends who charge a good sum of money for executive coaching but are not able to manage their own finances well.
Being in the Financial Industry for over 30 years and doing business with hundreds of different businesses has given me a unique aspect for Financial Coaching for coaches.
I have been a CFO in the Non-Profit industry dealing with millions of dollars from the local and federal government. Creating and managing budgets, managing finance departments, taking organizations, which were on the verge of financial collapse to operating at a high level and making a difference in their clients’ lives, has given me that unique perspective.
Being an entrepreneur, having internationally run businesses, having experience with retail, wholesale and online businesses I am uniquely qualified to be the financial coach for the coaches.
Financial coaching can save you time and money by helping you avoid dangers and take you on the road to financial freedom.
I help empower you to implement important changes and processes to improve your financial fitness. I also help clients develop a plan to achieve your goals and live the life of your dreams. Based on this I created a financial coaching program for the coaches.
Many times, you need a different perspective to see things.
A few of the items we discuss in Financial Coaching are:
- How to successfully go through a financial crisis
- Building a working business budget
- Elimination of debt
- What are your goals and how to attain them
- Focus on improving long-term financial behavior
- Facilitates clients to set and achieve financial goals largely on their own
- Forming good financial habits
- Testing your business model
- Knowledge, skills, and behaviors that will help build wealth
- Facilitate decision-making
- Provide tools, resources, and referrals
If you know you need Financial Coaching email me at firstname.lastname@example.org or call me at 516-263-7783 (Cell) or 703-310-7750 (Office).
Raj Kapur, MBA