Ep. 91 - From Burned Coach to Business Builder: Linda Gross's Payment Solution
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Welcome to the show.
I met Linda Gross through our mutual connections in our FaceBook groups. This woman knows the pain of getting stung by non-paying clients - and she's built a brilliant solution around it.
Key Points:
- Linda got burned by a client who ghosted her after services were delivered. Even won in small claims court but couldn't collect - that's when she knew there had to be a better way
- Statistically, clients stop paying on month four because they've "drunk your beer and eaten your hamburgers" - got what they came for from your 90-day program
- She matches coaches with legitimate third-party lenders (not the dodgy ones everyone's heard of) offering A and B paper credit with 0% financing options
- Only works with intermediate to advanced coaches ($5K-$20K programs) who've quit their day jobs - no motivation coaching needed at that level
- Her 90-day business program focuses on parallel income streams and plugging money leaks that sink coaching businesses
The Reality Check:
Most coaches are brilliant at their craft but clueless about business fundamentals. They'll work 80-100 hours a week but spend valuable time as £10/hour debt collectors instead of £1000/hour coaches.
Linda's Model:
She only gets paid when the loan closes - complete win-win-win for coach, client, and her. If someone's credit is horrible, she gives them homework to fix it rather than letting coaches discover this painful truth on month four.
Main Takeaway:
You don't have to risk your own money or become a debt collector. There are professional financing solutions that let you focus on being the best coach you can be instead of chasing payments.
Why are you doing a £10/hour job when you're a £1000/hour coach?
Connect with Linda:
linkedin.com/in/linda-gross-business-coach-mentor-421aab32
Connect with Steve:
https://linktr.ee/sawrightcoach
92 episodes