Thinking like a Business Owner – the Mindset Shifts That Need to Happen When You Start a Coaching Business
October 26, 2022
#013 - In this episode, my guest David Lancefield talks about what it was like to quit his job as a Managing Partner at a big firm and start his own coaching business. We touched upon how having a business owner mindset helped him, why it’s important to have humility and the mindset shifts every coach needs to go through when starting a business. Give it a listen.
#013 – If you are currently employed and dream of becoming a full-time coach, you must listen to this episode. In it, you’ll learn about what it’s like to make the move to being a coaching business owner, what you need to be aware of and have in place beforehand, the mindset shifts that you need to go through and so much more.
David Lancefield quit his job in the middle of the 2020 pandemic and built a very successful coaching business that fits around his family commitments. In this episode he shares his journey to becoming a coach and his advice for coaches who want to do the same.
Together we talked about the following:
- What it means to have a business owner mindset and why it’s important
- How to cultivate a business owner mindset while still employed
- What you need to consider if you’re looking to quit your job and go full-time in your coaching business
- What to expect once you make the move
- How to deal with rejection and why having a degree of humility is important
- The importance of being compensated accordingly for the work that you do as a coach
David Lancefield is a catalyst, strategist and coach to senior executives, professionals and entrepreneurs, helping them achieve extraordinary outcomes.
He has worked with hundreds of senior leaders from companies such as the BBC, Microsoft, Royal Mail, Vodafone, Virgin Media, Channel 4, and The Guardian to name just a few.
David is also the host of the Lancefield on The Line podcast, he writes for Harvard Business Review and is a guest lecturer at the London Business School.
You can find out more about David and his work via the following links:
https://davidlancefield.com/
Did you know you can send me a video message directly?
I'd love to hear from you, so click this link and let me know what you think of the show, ask me a question, or make a suggestion.
Alternatively, you can get in touch via direct message or comments on the following platforms:
• My website, The Savvy Corner
• My YouTube channel, Alisa Barcan - The Savvy Corner
• My Medium profile and publication
• My LinkedIn profile
I look forward to hearing from you.
I'd love to hear from you, so click this link and let me know what you think of the show, ask me a question, or make a suggestion.
Alternatively, you can get in touch via direct message or comments on the following platforms:
• My website, The Savvy Corner
• My YouTube channel, Alisa Barcan - The Savvy Corner
• My Medium profile and publication
• My LinkedIn profile
I look forward to hearing from you.