The "Fire the Boss Forever" Plan (Part 2 of 5): Double Your Income With The Power of Group Coaching
Oct 29, 2024Remember last week when we talked about breaking free from the time for money trap?
You learned how to price based on value instead of hours, while preserving the benefits of a "productized" fulfillment model.
Maybe you've already started having different conversations with prospects, seeing their eyes light up when you discuss transformation instead of time.
But here's the thing—even with premium, value-based pricing, you're still limited by the number of clients you can serve. You're still trading your personal attention for money, just at a higher rate.
What if you could take that same transformation you deliver one-on-one and multiply it across multiple clients simultaneously? Not by working more hours, but by leveraging the power of group dynamics to actually deliver BETTER results than you can one-on-one?
Over the next five weeks, we're exploring my "Fire the Boss Forever Plan"—five proven strategies that will transform your consulting business from a glorified job into a wealth-building machine that makes going back to the J.O.B. unthinkable.
Here's where we're headed:
Week 1: Stop Trading Time for Money ✓
Week 2: Scale Through Group Coaching Programs (Today)
Week 3: Create Leverage with Digital Tools
Week 4: Optimize Your Calendar for Profit
Week 5: Build a Predictable Client Pipeline
Today, we're diving into the strategy that took my business from good to explosive: group coaching programs. This isn't just about serving more clients—it's about creating transformational experiences that make your one-on-one work look basic in comparison.
Here's why:
● Peer learning accelerates results
● Group accountability drives action
● Shared experiences build confidence
● Collective wisdom enhances solutions
● Community support ensures implementation
The Group Coaching Success Formula
Let's break down exactly how to structure your program for maximum impact and income.
1. Understanding Group Scale
The truth? With the right support system, your group size has virtually no ceiling. Here's why:
Support Systems That Scale:
◆︎ Private community platforms for 24/7 peer support
◆︎ Implementation teams or success partners
◆︎ Office hours via Voxer/Slack
◆︎ Resource library and templates
◆︎ Teaching assistants or community managers
◆︎ Recorded sessions for replay
◆︎ Written Q&A forums
The Real Numbers:
The truth is, you can start with a group of one if you like.
But if you've got a handful of private clients, start your group by "grandfathering" them into your new group, then add more people to scale.
Here's a guideline for good group dynamics:
◆︎ Starting point: 8-15 clients (helps build confidence)
◆︎ Sweet spot: 20-50 clients (creates amazing group dynamics)
◆︎ Scale potential: 100+ clients (with proper support systems)
Key Insight: Larger groups often create MORE value through:
⚬ Diverse perspectives and experiences
⚬ More robust peer learning
⚬ Enhanced networking opportunities
⚬ Broader knowledge sharing
⚬ Increased implementation examples
⚬ Stronger community support
2. Program Formats That Drive Results
The beauty of group programs? They're incredibly flexible. Here are three proven formats that work:
A. Structured Curriculum
◆︎ Weekly teaching modules
◆︎ Implementation assignments
◆︎ Progress tracking
◆︎ Group coaching calls
B. "Ask Me Anything" (AMA) Format
Example AMA Topics:
◆︎ Strategy review sessions
◆︎ Implementation troubleshooting
◆︎ Resource optimization
◆︎ Growth acceleration planning
◆︎ Crisis management solutions
Pro Tip: AMAs often generate better engagement and faster results because clients get exactly what they need, when they need it.
C. Hybrid Approach
◆︎ Alternating between teaching and AMA sessions
◆︎ Special topic deep-dives based on group needs
◆︎ Expert guest sessions
◆︎ Implementation workshops
3. Managing Large Groups Effectively
Communication Strategies:
◆︎ Use themed days for different types of support
◆︎ Create clear channels for different needs
◆︎ Establish response time expectations
◆︎ Develop FAQ resources
Engagement Tactics:
◆︎ Breakout rooms for smaller group interaction
◆︎ Rotating hot seat opportunities
◆︎ Peer expert identification
◆︎ Success spotlights
Support Structure:
◆︎ Primary facilitator (you)
◆︎ Community manager
◆︎ Implementation specialists
◆︎ Tech support
◆︎ Success coordinators
Pricing Your Group Program
Remember last week's value-based pricing principles? They apply here too, just differently.
Generally though, here's what you can expect for group coaching:
⚬ For startup to $1M in revenue, expect $500 to $1,000 per month per person.
⚬ For $1M to $10M, expect $1,000 to $3,000 per month per person.
⚬ For $10M to $50M, expect $3,000 to $5,000+ per month per person.
Your First Group Program Launch
Here's your step-by-step implementation plan:
Day 1: Program Design
▸ Choose your format (Structured, AMA, or Hybrid)
▸ Map core transformation
▸ Design scalable support systems
▸ Create success metrics
Day 2: Structure Setup
▸ Choose your platform
▸ Set up community space
▸ Create support team guidelines
▸ Design tracking tools
Day 3: Content Framework
▸ Outline first four weeks
▸ Create welcome materials
▸ Design action guides
▸ Build resource library
Day 4: Launch Preparation
▸ Write program description
▸ Create application process
▸ Set up payment system
▸ Design welcome sequence
Day 5: Client Attraction
▸ List potential clients
▸ Draft invitation emails
▸ Schedule preview session
▸ Open applications
Watch this video: "Your Turn-Key Coaching Business".
Common Objections and How to Handle Them
"Will I get enough attention in a group?"
→ "You'll receive both personal guidance and the collective wisdom of peers facing similar challenges."
"Isn't group work less valuable than one-on-one?"
→ "Groups actually create faster transformations through peer learning and shared experiences."
"What if I fall behind?"
→ "Our multi-layered support system ensures you stay on track and implement successfully."
"How will you manage such a large group?"
→ "Our multi-layered support system ensures every member gets the attention they need, plus the added benefit of diverse perspectives and experiences from the group."
The Secret Benefit
Here's what most consultants don't realize about group programs: They're the perfect pipeline for premium one-on-one private clients. The clients who get amazing results in your group program become your best candidates for high-ticket individual consulting.
Coming Next Week
In Part 3 of the Fire the Boss Forever Plan, we'll explore how to "Create Leverage with Digital Tools"—turning your expertise into assets that work for you 24/7.
You'll learn how to build systems that:
✅ Attract perfect-fit clients automatically
✅ Deliver results while you sleep
✅ Create passive income streams
✅ Multiply your impact globally
Your Next Step
Don't wait to start. Right now, list 20 past or current clients who could benefit from working together in a group setting. Then use this email template to gauge their interest:
---
"Hi [Name],
I'm creating something special for clients like you who want to [achieve specific transformation]. It's a premium group program that combines my proven methodology with peer learning and enhanced support.
Would you be open to learning more? I'm sharing details with a select group next week.
Best,
[Your Name]"
---
To your scaled success,
Dale
P.S.: When you're ready, here are two ways I can help you...
Business Advisors Needed:
If you have capacity and are open to taking on more clients and scaling, get more details here...
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