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What’s The Difference Between an Offer and Program?

A quick reference guide for coaches and consultants looking to scale their business online. 

by April Beach

 

Are you a coach, consultant, or subject matter expert? This guide is for you. Today, we're simplifying two big terms that entrepreneurs can sometime confuse: 'offers' and 'products'. When you understand the difference, it’s like having a secret key to unlock your success. So, let's dive in. 

 

To watch the full training on YouTube, click HERE.

 

Offer vs Product: What's the Difference?

First things first, let's clear up some confusion. An 'offer' is what you're willing to provide, while a 'product' is the actual good or service. It sounds simple, but many people mix these up. Keep these definitions in your back pocket - they're going to be super important!

 

Offer = Your offer is what you’re willing to do and the parameters around your relationship serving your clients. Your offer is what makes people buy.

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Growth vs Scale: What’s The Difference and Why Is It Important

Today, we're going to talk about a topic that often confuses many entrepreneurs: the difference between growing and scaling your coaching business. While these two terms may seem similar, they actually have distinct differences in their approach and outcomes. So, let's dive in and explore the nuances between growing and scaling your coaching business.

At first you may think that growing and scaling are the same thing - after all, they both involve making your business bigger, right? Well, not exactly. While both growing and scaling involve expanding your coaching business, they differ in their focus and methods.

When it comes to growing your coaching business, the main objective is to increase its size - be it in terms of revenue, customer base, or market share. Growing your business often requires investing in more time, people, resources, and infrastructure to accommodate the increased demand. For instance, you might hire more employees, invest in more advertising and...

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The Ultimate Guide To Design Your Perfect Coaching Business

The term business model refers to your plan for making a profit by the types products and services you sell

Aka: Your  business model is the way you serve your clients and make money

Examples of common business models for experts, coaches and consultants are coaching 1-1, coaching group, online courses, membership communities, masterminds, retreats, live virtual events, and more. 

Your business model can be different for each product in your offer suite, or you can create an offer roadmap that flows people to different levels within one offer and model.

Picking the right business model is fundamental in allowing you to live the life you want to live.  In oder to pick the right business model for you and your business, April suggests asking yourself these questions and answer them as if it was 5 years from now.

  1. How many hours per week do I like to work (5 years from now)?
  2. How do I really love to serve my clients?
  3. Do I have others working for me, or a...
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How To Disqualify Clients To Grow Your Business

It may sound counterintuitive, but disqualifying clients is an important part of business growth. And although this may sound scary if you’re still working to become profitable, but this concept comes from the idea that concentrating your sales and marketing on only the most qualified leads is more suitable for business growth.

"When you have a great working relationship with your clients, then it's gonna be much more successful for both of you and therefore for the financial success of both your clients and your company."  April Beach.

When you disqualify clients, you make more money, because the qualified clients you do accept have: 

  1. better results with your programs
  2. a deeper commitment to their own success

6 questions to ask yourself when vetting a prospective client to determine who really wins with your coaching?  

  1. How committed do they need to be? 
  2. What time allotment do they need to have? 
  3. What attitude do they need to show up...
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3 Types Of Content Companies Line Up To License

If you’re an established business with a course or program and you want to scale - you may be considering licensing your material.  You may already know the benefits of licensing your content and aware of the benefits of increased credibility, not to mention the financial benefits but you may still be wondering how 'content' is broken down and what exactly you can license.
 
Here we're sharing the 3 main types of content that companies pay for; Actual content, Assets and Completes. 
 
Let's break it down;
 
Content
 This is the content that people need to feed every distribution channel and include blogs, articles, emails, newsletters, images and videos. 
 
Assets 
This is the assets that people need in order to offer their services or run their businesses and include worksheets, blueprints, templates and forms.
 
Completes
Complete packages are complete systems that people need in order to offer a program, offer or...
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How To License Your Course Content or Program

If you’re an established business with a course or program and you want to scale - you may want to consider licensing your material.  
 
Licensing is when your content, course or program is used by other businesses for them to grow and make money.
 
April Beach says Licensing enables what I call exponential scalability’.
 
Want to know more benefits?
 
Aside from scalability and the financial benefits of scaling, licensing your content also demonstrates leadership in your niche and increases credibility which could lead to other opportunities.
 
But would it work for your business?  There are 3 main models of licensing that a business can opt to do;
 
  • Straight as is with your ™ - Clearly presented with your name and logo with no doubt as to whose content it is.
  • Co branded - Licensing with partnership meaning the content is yours but the licensee also adds their brand to the content being used.
  • Editable or white...
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How To Lead In Your Niche By Creating Your Scalable Signature Program or Offer

 

 

If you’re ready to make traction in your niche and be a business that stands out, it may be time to create a signature Program of Offer.  If you’ve been in business, any length of time, you’ve probably heard the term but may not know the full meaning, although you probably have an idea.  

 

“A signature program or offer is a unique service, that you create from your experience, method, framework, or expertise, that delivers predictable-transformational-measurable results”  - April Beach 

 

There are two kinds of signature offers; A Foundational Signature Offer and an Influential Signature Offer.  Let’s break it down.

 

A foundational signature offer, this is for those who have never created a signature offer or program before. You may be new in your niche. And the creation of your foundational signature offer gets you on the map, either in a certain area of expertise online or in a geographical...

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How to License Your Online Course, Program, or Content to Increase Profit and Revenue

By April Beach 

Licensing your online courses, programs, and content is one of the best ways to exponentially increase profit and revenue in your online business.

But you may be wondering what licensing actually is.

Licensing is creating content for other companies to use so that they can grow faster, make more money, or provide better services and training for their people.

The Benefits of Licensing Your online Course, Program, or Content

  1. Licensing can help to establish you as a leader in your industry/niche/area of expertise.
  2. Licensing increases your credibility with your own audience - when your audience knows that other companies are buying your content they are assured of your ability to get them results.
  3. Licensing enables exponential scalability - you are now able to reach more people more easily as your name and expertise spread in new circles.
  4. Licensing enables an easy transition into new target markets without starting from scratch - you have the backing of existing...
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How To Plan Your Next Team Retreat to Grow Your Online Business

Have you been thinking about planning your own team retreat for your online business but are wondering how to not only make it fun but also beneficial to your business?

Here are my top three tips for planning your next team retreat.

I'm a big advocate of creating opportunities for my global team to come together; the ideas that we produce, the energy we create, and, frankly, the love, respect, and admiration we show for each other are just amazing!

So here are the steps that I think can help you to make the time that you've invested in spending together even more productive and frankly so much more fun than you ever imagined.

 

Set a primary objective.

These are working retreats and so as a leader, it's important to set the primary aims and objectives;

  • Where are we going?
  • What are we focusing on?
  • What are the goals of this particular short period of time together?


If you schedule for a five-day retreat, those five days are going to fly by in what feels like five hours so...

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Getting Over the Fear of Hiring Team Members

In podcast episode number 231, April chatted with Theresa Loe, founder of streamlinedandscaled.com and a leadership and business coach for overworked entrepreneurs. She helps business owners streamline their operations and build self-managed teams so they can finally get their time back and scale with ease.

Theresa chatted with April and offered advice to help you get over the issues that may be stopping you from scaling and growing your business to the next level; how to get over your fear of hiring people.

So first of all, let's talk about why this is even a fear. What is the deal? What is the matter with us?

I have struggled with management over the years. It's not my strength. I have had to work very hard to learn, to become a better leader and manager and delegator.

As entrepreneurs we have all these ideas in our head and we think it's so much easier or it's so much faster if we just do it ourselves, but I'm going to tell you that, and I learned this the hard...

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Xo, April