Photo by Charles Forerunner on Unsplash

Member-only story

3 Lessons I’ve Learned About Building a Business From Scratch and How To Not Go Broke Investing

Krystal Ward

--

I’ve been building my health coaching practice since 2020 and have invested tens of thousands of dollars into various business programs and 1:1 coaches.

Since becoming a coach, I haven’t been without my own coach. At the beginning of my journey I got into $30,000 of of debt, which I’m still pulling myself out of, because I threw money at (almost) anyone who claimed they could help me. There were numerous months I saw multiple coaches each week, sometimes 4, while at the same time taking courses that also offered group coaching. I’ve learned quite a bit about what works for me and what doesn’t, and I’m hoping some of my lessons can help you too.

Lesson 1: Invest with Discernment. As an early business owner, I was hungry to succeed, so I’ve had to learn to monitor my emotions before I invest. Every year was deemed the year “I’d make it!” Anytime I resonated with a coach or program, I paid for it with my credit card immediately. I gave my power away to each coach or course that I thought would make me successful. The truth is that only I can make myself successful, resources only help.

People are good at selling themselves, and I was an easy sale, so I’ve had to learn discernment. If I resonate with a program, I sleep on it for days or…

--

--

No responses yet