49. BEST PRACTICE COACHING - Jack’s Digital Business Collection - Digital Business Ideas - Digital Entrepreneurship - Digital Entrepreneurial Ideas - Jack Lookman Limited - Rita Nnamani - Jack Lookman - Olayinka Carew - Entrepreneurial Ideas
Individuals and organisations in today's professional world are continuously looking for direction on how to implement tried-and-true approaches and best practices. Best Practice Coaching is a big digital business opportunity for widows, Digital Entrepreneurs, and young entrepreneurs who want to use their expertise, experiences, and research abilities to generate a steady income while making a meaningful contribution.
This specialised coaching approach focusses on assisting customers in implementing recognised standards of excellence in their sector, bridging the gap between academic understanding and practical implementation. Coaches can reach clients all around the world by providing this service digitally, while also keeping flexible work arrangements to fit personal situations.
49.1. Benefits of the Business
1. Expertise monetisation: Turn your professional expertise into revenue.
2. Flexibility: Work from anywhere, on your own schedule.
3. Low starting costs: Begin with modest technological investments.
4. Recurring revenue: Create continuous client relationships through subscription models.
5. Scalability: Expand from individual coaching to group programs and digital offerings.
6. Impact-driven: Help clients make measurable gains.
7. Professional Network Development: Connect with leaders in your profession.
8. Various service offerings: Provide different degrees of help depending on the client's needs.
49.2. Budget Considerations
- Basic budget (start-up phase)
• Computer and internet setup (₦150,000-300,000/$300-600 if required)
• Professional video conferencing subscription (₦15,000-30,000/$30-60 yearly)
• Website construction and hosting (₦50,000-150,000/$100-300).
• Digital marketing foundations (₦25,000-75,000/$50-150).
- Professional Development Resources (₦25,000-100,000/$50-200).
Total Basic Budget: ₦265,000-655,000 ($530-1,310)
2. Enhanced Budget (Growth Phase).
• Advanced coaching platform costs ₦100,000-250,000/$200-500 per year.
• Equipment for content development costs between ₦100,000 and ₦300,000 ($200 to $600).
• Increased marketing campaigns (₦150,000-500,000/$300-1,000).
• Monthly assistance for team members costs between ₦200,000 and ₦600,000 ($400 to $1,200).
- Professional certification programs range from ₦150,000 to ₦500,000 (about $300 to $1,000).
Total Enhanced Budget: ₦700,000-2,150,000 ($1,400-4,300).
Profit Sharing Formula App - Blog
49.3. Business Potential
• The global coaching market exceeds $15 billion per year and continues to grow, with specialised tutoring in great demand.
• Organisations are increasingly seeking external expertise to execute best practices.
• Remote work developments have increased the market for digital coaching.
• Professionals actively invest in performance enhancement.
• Industry upheavals provide a constant need for revised methodologies.
- Best practice implementation has a direct correlation with business outcomes.
49.4. How It Works
• Expertise Identification: Define your specialised ‘best practice knowledge areas.’
• Methodology Development: Create a coaching structure and implementation strategy.
• Service Packaging: Create tiered products, from basic to extensive.
• Client assessment: Evaluate current practices and implementation gaps.
• Customised Roadmap: Develop individualised best practice implementation plans.
• Implementation support: Provide continuing guidance via digital means.
- Progress Tracking: Monitor and evaluate improvements against standards.
49.5. Impact
• Improving professional standards throughout organisations.
• Helping businesses achieve better results using proven approaches
• Reducing costly trial-and-error approaches.
• Empowering professionals to attain industry-recognised excellence.
• Creating information transfer from seasoned practitioners to newcomers
- Creating communities of practice around quality standards.
49.6. Key Industry Players and Digital Platforms
- Platforms:
• Zoom, Google Meet, and Microsoft Teams (session delivery)
• Calendly, Acuity, and SimplyBook (scheduling)
• Teachable, Udemy, Kajabi, and Thinkific (course delivery)
- Slack, Circle, Discord (community-building).
2. Supporting Organisations:
• Industry alliances and standardisation bodies
• Professional certification organisations
• Business development agencies
• Digital Entrepreneurship Networks
- Coaching Federations and Alliances
49.7. Marketing Strategies
• Thought Leadership: Demonstrating knowledge through workshops and webinars. Providing value while demonstrating capabilities.
• Strategic Networking: Developing industrial ties.
• Case Studies: Highlighting client success stories.
• Partnership Marketing: Collaboration with complementary services.
• Content marketing involves creating helpful materials that demonstrate competence.
• Referral Programs: Incentivising client recommendations.
- Speaking Engagements: Establishing Authority in Your Field.
Jack’s Basic Affiliate Marketing Course
49.8. Monetisation Models
• One-on-one coaching: Premium personalised support
• Group Coaching Programs: Scalable delivery for numerous clients
• Implementation Packages: Complete best practice setup
• Retainer Relationships: Monthly consulting services
• Digital Courses: Self-paced learning alternatives
• Membership communities offer a continuous support approach with monthly subscriptions
- Audit and evaluation services: Evaluation of present processes.
Profit Sharing Formula App - Blog
49.9. Potential Income
• Beginning phase (0-6 months): ₦150,000-300,000/$300-600 Monthly: 3-5 coaching clients and 1-2 implementation projects.
• Growth Phase (6-18 Months): ₦300,000-1,000,000/$600-2,000 monthly for 5-10 coaching clients and digital product sales.
- Established Phase (18+ Months): ₦ 1,000,000-3,000,000/$2,000-6,000+ per month.
Various revenue streams, including group programs, internet products, and premium coaching.
Profit Sharing Formula App - Youtube
49.10. Requirements
1. Required Skills:
• Deep expertise in a given professional domain.
• Strong communication skills.
• Process documentation skills
• Implementation methodology
• Problem-solving attitude.
• Project Management Capabilities
- Client Relationship Management
- Interpersonal skills
2. Tools:
• Reliable computer and internet connections.
• Videoconferencing software
• Digital document collaboration tools
• Project management platforms
• Screen recording and presentation tools.
- Client Relationship Management System
Business Collaboration With Jack Lookman
49.11. Research And Development
• Continuous monitoring of industry standards.
• Documenting implementation strategies.
• Developing proprietary frameworks.
• Developing assessment tools and benchmarks.
• Tracking client outcomes and results.
• Create case studies and success stories.
- Researching and developing best practices.
49.12. Scaling Strategies
• Developing productised coaching bundles.
• Create digital courses and resources.
• Training and certifying additional coaches.
• Specialising in certain businesses or functions.
• Developing membership communities.
• Creating Implementation Toolkits
• Creating strategic partnerships.
- Providing train-the-trainer programs
- Translating content to different languages
Jack’s Undergraduate Empowerment
49.13. Progress Milestones
• First five paying clients.
• Consistent monthly revenue
• Positive testimonials and case studies.
• Repeat sales and referrals
• Proprietary methodology development
• Multiple revenue streams.
• Industry recognition
- Content engagement and follow-up.
Jack’s Life Lessons For Teenagers - Blog
49.14. SWOT Analysis
Strengths:
• Low starting costs.
• Location independence.
- Uses existing expertise
- Allows for flexible working arrangements.
• Direct client impact
- Multiple revenue models.
Weaknesses:
• Initial credibility building
• Need specialised expertise.
• Potentially extended sales cycles.
• Need for constant learning.
• Variable revenue in the early phases.
- Dependence on Technology Platforms.
Opportunities:
• Growing desire for expert guidance.
• Digital delivery expansion
• Development of proprietary frameworks
• Specialising in developing fields.
- Strategic partnerships.
Threats:
• Market saturation in prominent niches.
• Economic swings effect client budgets.
• Rapidly shifting industry norms.
• Platform Dependency Risks
• Commoditisation of fundamental coaching services.
- Time management challenges.
Jack’s Life Lessons For Teenagers
49.15. Target Audience
• Small to medium-sized businesses that are implementing standards.
• Professionals pursuing career progression
• Teams moving to new approaches.
• Organisations seeking accreditation or recognition.
• Industries facing regulatory changes
• Start-ups that are developing operational foundations.
- Individuals taking on new leadership positions
Jack Lookman’s Empowerment and Inspiration - Youtube
49.16. Training And Development
• Industry accreditation for specific methodologies
• Coaching skills development
• Digital Communication Techniques
• Methods for documenting processes
• Assessment and evaluation tools
• Business Development Strategies
- Online teaching methods
- Upskilling in the areas of expertise
Being Organised - Empowering And Inspiring Generations
49.17. In conclusion
Best Practice Coaching enables widows, Digital Entrepreneurs, and young entrepreneurs to produce meaningful work that generates long-term income while contributing to professional standards. By leveraging your existing expertise and experiences through digital delivery, you can create a flexible business that adapts to your capabilities and customer needs.
Basic Affiliate Marketing Course
Useful Links:
Jaaloo Puzzles
Jack Lookman’s Social Media
Jack’s Curated Business Ideas - Over 120 Curated Business Ideas
Jack’s Mentoring 101
Juwon Ogungbe
Profit Sharing Formula App
Jack Lookman’s Social Media
Curated Business Ideas - Blog
Curated Business Ideas - Videos
Book A Chat With Jack Lookman
Business Collaboration With Jack Lookman
Jack Lookman’s Courses
Jack Lookman Limited
Jack Lookman’s Paperbacks
Jack Lookman’s eBooks
Youtube channel
Jack Lookman’s Empowerment and Inspiration
Thank you very much for your time. I hope that you got some value.
Jack Lookman’s Social Media
What do we do at Jack Lookman Limited
- Content Creation
- Mentoring And Coaching
- Affiliate Marketing
- Business Collaboration
- App Development Collaborations
- Blogging
- Multiple Author
- Ebooks
- Social media
If our content resonates with you, you may consider contacting us via “Book A Chat With Jack Lookman” at jacksempowerment.com
Could you impact tomorrow’s future?
If interested in being mentored, please check Jack’s Mentoring 101 at jacksempowerment.com
If interested in collaborating, please visit Business Collaboration With Jack Lookman at jacksempowerment.com
We have a range of courses at jacksempowerment.com
To access over 120 videos on Jack’s Curated Business Ideas please visit jacksempowerment.com
For a full list of our paperbacks, please visit jacklookmanlimited.com
For our ebooks, please visit selar.com
To access our novel arithmetic and logic app, please visit jaaloopuzzles.com and jaaloo.com
If you got value, please feel free to share our content.
Could you make a donation to sustain the great work we do?
You could find our list of books, websites and Social media platforms at jacklookmanlimited.com
Rita Nnamani - Thank you for your input
Great International Money Transfer
Thank you very much for your time.
This is Olayinka Carew aka Jack Lookman signing off.
Ire o (I wish you blessings)
Ire kabiti (I wish you loads of blessings).
Could this inspire kindness and compassion?
Youtube channel: Jack Lookman
Youtube channel: Curated Business Ideas
jacksempowerment.com
- Courses by Jack Lookman Limited
- Becoming Organised
- Mindset
- Jack’s Curated Business Ideas
- Jack’s Mentoring 101 (18+ only)
- Business Collaboration With Jack Lookman (18+ only)
- Book A Chat With Jack Lookman
- Etc.
Will you remember the less fortunate?
jacklookmanlimited.com
- Jack Lookman Limited Websites
- Jack Lookman On Social media
- Jack Lookman Paperbacks
- Jack Lookman’s eBooks
- Etc.
https://www.jacksempowerment.com
https://www.jacklookmanlimited.com
https://www.lifelessonsforteenagers.com/
https://www.curatedbusinessideas.com
https://www.jaaloo.com
https://www.jaaloopuzzles.com
https://www.yorubaproject.com
https://www.empowermentandinspiration.com
We do Affiliate Marketing and make commissions for every sale, at no additional cost to you.
Could you make a difference?
The change that we aim is generational.
Kindly like, share, subscribe, follow and repost this content if it’s beneficial.
At Jack Lookman Limited: Our mission is to Empower and Inspire Generations by leveraging the Internet.
Please like, share, follow, subscribe, repost and comment.
No comments:
Post a Comment