Episode #782: Patrick Shaw of RapidFunnel: Leveraging Technology to Create Recurring Revenue in your Coaching Business

by Marc Mawhinney | Sep 12, 2022 | Podcasts

Imagine handing your clients a perfect digital tool kit and a “yellow brick road” process to follow, within a personalized platform, filled with your coaching and training content. Today’s guest is Patrick Shaw of RapidFunnel, and they’ve done just that by offering brand new ideas that solve old, universal problems in the coaching and training world!

Patrick is a life-long entrepreneur who has successfully built multiple companies and large sales teams. Energetic and inventive, he has a love of philosophy, particularly stoicism and is passionate about our ability as humans to improve our lives by improving our state of mind. In this episode, he reveals more on how RapidFunnel is changing the game in the coaching world, while providing insights on how you can leverage technology and systems in your own coaching business to create recurring revenue and avoid the “time for money” trap!

If you like what Patrick shares today, we’ll be doing a live training on Thursday, September 20^th, 2022, at 2 pm, and you can register now at https://www.naturalborncoaches.com/rapidfunnel. See you there!

What We Cover in This Episode:

The tremendous opportunity that exists for coaches with personal brands today
Tips for creating a subscription model and why Patrick is such a fan of this strategy for coaches
What expansion revenue is and how it works
Big changes he sees coming the industry
Why trading your time for money as a coach is so dangerous

QUOTES:

“The beautiful part about creating a really strong brand is that you can be the one that brings them in the door, but if you can find a way within your business model to create so much overwhelming value that’s beyond you, then you get the best of both worlds.”

“How can you as a coach create this subscription model? What could you do to create so much overwhelming value through a moderately price subscription?”

“Because of social media and our connectivity globally, coaches have an opportunity to niche down.”

“There is an opportunity for coaches today leveraging the right kind of technology, to provide your clients with everything from email campaigns, surveys, technology, and capture pages, all personalized and branded to the individual person in the field with very little work on the coach’s part.”

“It’s easy to get caught in a trap where you’re trading time for money.”

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