Coaching FAQ

Here are some common questions about coaching.

I’m considering hiring a business coach. Where do I start?

The process begins with a Complimentary Consultation via telephone. This is where we determine if coach and client are a good fit.

You may want to do research about coaching before our call. Here are a few resources:

• How to Find a Business Coach
• My Guide to Coaching
• The Coaching Relationship

How does business coaching work?

I coach my clients via telephone twice monthly. Clients have a recurring appointment the first and third week of the month. The second week of the month I am often giving presentations. The last week of the month is free for clients to complete big goals.

What are the packages and payment terms?

Please see Coaching Fees for pricing.
Clients pay via credit card. My assistant bills my clients automatically on the first of every month for that month’s sessions. I accept American Express, Visa, and MasterCard.

Who might need a Business Coach?

People from all walks of life find business coaching useful. I work with a variety of professionals in financial services. Many of my clients need help to take their business or career to the next level. My clients often need a supportive coach and strategic partner.

I also work with very successful financial services executives who want to become better leaders. Whether it’s motivating their staff, thinking strategically, or introducing a new product/service line, my clients love working with me to accomplish their goals.

What’s the difference between coaching and consulting?

A consultant is usually an expert in a specific industry, will give you answers to all your questions, and may even implement strategies and programs for you.
A coach will ask probing questions to bring out your unique abilities, help you create a vision and plan for the future, and will stay with you while you implement changes.

A coach holds you accountable for what you say you’ll do, gives you a push to do more than you would do on your own, and helps you overcome limiting beliefs that are holding you back from success.

Is it important to hire a certified coach?

Yes, it’s very important! Ensure your coach is either certified by the International Coach Federation (ICF) or is working towards certification. There are many people calling themselves a coach today who have had no formal training.
Many have taken to adding the word “coach” to their title hoping to ride the coaching bandwagon. Make sure your potential coach has received coach-specific training from an ICF-accredited coach training school. The ICF is an independent organization that certifies coaches.

What’s the difference between coaching and therapy?

A therapist focuses on the past and delves into issues that require specialized training. A coach also has specialized training that helps clients focus on the future and move beyond feeling “stuck.” A coach is your accountability partner in success and can help you discover your passion, values, and strengths.

How long do clients typically work with a coach?

coaching achievement

Many successful entrepreneurs and financial professionals are finding that business coaching is the key to excellent performance, learning, achievement, and enjoyment. Therefore, they choose to work with a coach on a continuing basis.
I ask my clients to make a commitment to coach for a minimum of six months. Any new behaviors and marketing strategies put into practice today may take from three to six months to show results.
While coaching can be very effective for short-term change, my clients stay with coaching an average of 12 to 18 months, some longer. The learning that takes place creates results that continue for one to three years. Business Coaching is not meant to be a "quick fix" or a short-term relationship.

How can I be sure my confidential information is safe with you?

I do not talk about my clients. As a member of the International Coach Federation (ICF), I maintain strict confidentiality for all your business and personal information.

Who does the work? Client or coach?

This is your business and your career. The responsibility for success rests with you. I will guide you, provide resources, encourage action, and be your accountability partner. You do the work.

What are the benefits of coaching?

• You will avoid many of the mistakes business owners make.
• You will accomplish more than you would on your own.
• You will achieve your goals more quickly.
• You will have a collaboration partner that doesn’t share in your profits.
• You’ll learn strategies to draw business directly to you.
What would it be worth to you if you knew that using my services could help you significantly increase your revenue in one year? What is the lifetime value of one new client?

What results can I expect working with you?

The results are dependant on you. See the Testimonials page for more information.

Is Prosperity Coaching LLC a franchise?

Prosperity Coaching is not a franchise. I created my company in 2004. All my programs are based on my own knowledge, expertise, and experience.

Who are your ideal clients?

I enjoy working with financial advisors, financial planners, financial career professionals, private bankers, and financial services leaders. I especially enjoy working with women in financial services who want more out of their career.

Do you ever let a client go?

There have been a few limited situations where I have had to discontinue the coaching relationship. I always discuss expectations with the client and allow time to make changes and remedy the problems.
Some of the reasons I have stopped coaching a client include:
• Repeatedly not calling in at the scheduled time or missing the session without prior notice.
• Repeatedly not being prepared for the appointment.
• A pattern of rescheduling appointments without 24 hours notice.
• A lack of respect for my time.
• Not taking responsibility for their actions.
• Lack of progress, repeatedly not doing homework.
• Repeated negative attitude or blaming others.
• A need for counseling rather than coaching.

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