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345: Entrepreneurial Independence: Truth or Fiction? Meg Rentschler, MSW, PCC
4th July 2023 • STaR Coach Show • Meg Rentschler
00:00:00 00:37:14

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Here in the US, we just celebrated Independence Day and the democracy, freedom, and independence that are wrapped up in the July 4th Holiday. In keeping with that theme, I wanted to focus today’s show on the independence and freedom we can find in our businesses. Every entrepreneur dreams of a life of freedom in running their business, but, very often, that’s not the case as the business ends up taking over every aspect of life.

Coaches become coaches for many different reasons and at many different phases of life; many times, someone becomes a coach after a lengthy, unsatisfying career in another field. So I ask, is YOUR business freedom-producing in your life? Let’s explore the most common pain points for coaches, and I’m including references to several past episodes where you can find more detailed ideas and solutions (See Resources). Join me to learn strategies to lessen your pain points and grow in independence, freedom, and joy in your entrepreneurial journey.

Show Highlights:

  • 5 common pain points for coaches and strategies to address them:
  • Clients: How do I find clients and fill my calendar? 
  • Get clear about who you serve and what results they can expect.
  • Cultivate relationships and share your message.
  • Cash flow: How can I deal with the ebb and flow of finances?
  • Create a consistent, balanced flow to attract the right clients.
  • Carefully evaluate your offerings. 
  • Plan ahead and budget for big annual expenses and quarterly taxes.
  • Isolation: How can I connect with others and not feel isolated?
  • Move toward collaboration, brainstorming, and masterminding.
  • Get a coach and surround yourself with a support system.
  • Overwhelm: How can I fight the desire to do it all myself?
  • Invest in yourself and your business by hiring others.
  • Devote your time to your genius work and money-making activities.
  • Time: How can I protect my time?
  • Set boundaries and structure around your time.
  • Be clear and unapologetic about your calendar and availability.
  • Use time blocks on your calendar. 

Resources:

Pain Point 1: Finding Clients

Episode 336

Episode 288

Episode 270

Episode 98

Pain Point 2: Cash Flow

Episode 248

Episode 201

Episode 171

Episode 183

Pain Point 3: Isolation

Episode 292

Episode 307

Pain Point 4: Overwhelm

Episode 185

Episode 197

Pain Point 5: Time

Episode 258

Episode 275

Episode 269

Grab one of the last mentor spots for 2023 now! www.STaRcoachshow.com/mentor/  

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Explore past episodes and other resources at www.STaRcoachshow.com.  



Mentioned in this episode:

Mentor Program

If you're working toward your ACC or PCC credential, or if it's time to recertify your ACC mentor, coaching isn't just a requirement on a checklist. It's one of the most transformative investments you can make in yourself and your coaching. I've taught or mentored over 2000 coaches, and I hear the same thing again and again. I came because I had to, and I am so glad that I did. Coaches tell me they walk away with renewed energy, deeper confidence and a community of peers who genuinely support each other. Here's what you need to know right now. Mentor coaching must span a minimum of three months, so the time to start is not when your credential is just about to expire. And if you complete your hours in 2026, you get ahead of the upcoming ICF changes, which means peace of mind along with skill development. My fall cohort is already filling up. Every group is capped at ten. It's small, personal, and powerful. If you've been waiting for the right time, this is it. So head over to Star Coach Show. That’s https://starcoachshow.com/mentor/ to grab your spot or to learn more. I'd love to work with you. Now, let's get into today's show.

Join Mentoring Program!

If you’re a coach who wants to grow—not just check a box—this is for you. I’m enrolling coaches now for my Spring Mentoring Program. Some are here for credentialing hours. Others are here because they want to become the coach their clients rave about. Inside the program, we work on your actual coaching. You’ll hear yourself differently. Learn from other coaches. Develop more presence. And ask questions that create real transformation. If you’re ready to deepen your skills and your impact, I’d love to support you. Learn more at starcoachshow.com/mentor I’d love to work with you.

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