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CoachStart
Manual
A Step-by-Step Guide to
Setting Up Your Professional
Life or Business Coaching Practice
By David Wood, PCC
IMPORTANT DISCLAIMER
Basically, you are responsible for your own actions. Ill give you the
best advice I can on the coaching-specific aspects of setting up your
coaching business. However, what you do with that is your
responsibility.
By reading this manual you agree to not hold me liable for any loss or
cost incurred by you (or any person related to or associated with you,
including but not limited to your customers) as a result of reading
and/or applying the material in this manual. You shall indemnify me in
the event of any such claim, including but not limited to any claims
made against me by any person related to or associated with you,
including but not limited to your customers. Nothing in this manual
shall be considered to be legal, financial, or actuarial advice.
Coaching clients may expose you to certain risks. If you are not
formally certified as a coach, and not currently undergoing formal
training, your risks may increase. Setting up a business also exposes
you to certain risks.
It is your responsibility to seek legal, business, accounting, and other
professional advice for your business. In addition, I recommend you
obtain professional advice as to whether professional indemnity and/or
any other insurances are appropriate for your situation, and legal
advice concerning any legal exposure you may have. You are setting
up your coaching business at your own risk.
I also recommend you obtain specific business advice from a qualified
business consultant or accountant before making significant
commitments to your business (e.g., significant expenses, or quitting
your job).
I do not warrant that you will achieve any specific income level from
using this Manual. While the techniques work, your results will vary
from mine, depending on how you apply the techniques and the amount
of effort you put in. You may make no money, or even make a loss, or
make ten times what I make.
This Disclaimer is not intended to be a comprehensive summary of the
risks involved in setting up and running a coaching business.
CONTENTS
IMPORTANT DISCLAIMER................................................................ 3
CONTENTS ........................................................................................ 4
INTRODUCTION ............................................................................... 6
Section 1: Industry Background ......................................................... 7
1.0 TEN REASONS TO BECOME A COACH ......................................... 7
1.1 WHAT IS COACHING? ................................................................ 9
1.2 THE COACHING MARKET.......................................................... 12
1.3 TYPES OF COACHING SAMPLE NICHES................................. 13
1.4 WHO ARE BECOMING COACHES?............................................. 14
1.5 WHO ARE BECOMING CLIENTS? .............................................. 15
Section 2: Strategy............................................................................ 16
2.0 PRACTICAL GUIDE TO GETTING STARTED .............................. 16
2.1 NOTE FOR PROFESSIONALS ADDING COACHING TO YOUR
SERVICES ....................................................................................... 18
2.2 NOTE FOR CORPORATE COACHES............................................ 19
2.3 TRAINING AND CERTIFICATION ............................................. 21
2.4 HOW BIG WILL YOU PLAY? ..................................................... 23
2.5 CHOOSING A MENTOR COACH ................................................. 24
2.6 GOLDEN RULE: COACH 50 PEOPLE .......................................... 26
Section 3: Getting Ready .................................................................. 28
3.0 CONFIDENCE: WHAT I HAVE TO OFFER................................... 28
3.1 WHAT I DO, AND WHO I COACH .............................................. 30
3.2 MY BIO OR RESUME ................................................................. 34
3.3 YOUR COACHING SERVICE THE DETAILS............................. 36
3.4 WELCOME PACK AND AGREEMENTS ........................................ 41
3.5 SOME COACHING PRINCIPLES ................................................ 47
Section 4: Getting Paying Clients ..................................................... 49
INTRODUCTION
Welcome to the CoachStart Manual! Here you will learn the techniques
that will take you from 'Never Coached' to 'Have Coached Fifty People' in
an accelerated time frame. These are the very same techniques I used to
develop a coaching business grossing six figures from coaching two days a
week. They are also the same techniques, which were incorporated into the
business-building course for a major coach training school.
You may already be training with a training school, working with a mentor
coach, or simply ready to apply your accumulated skills and life experience
to help people and to get paid for it. Most likely its a combination of the
three.
What you need now are the coaching business tools that will allow you to
turn your training, experience or natural coaching ability into a fulfilling,
money-making business for you. Ill answer your most pressing questions
and give you the practical skills you need complete with a range of
exercises, specifically designed to help you grow your business.
Here are just a few of the critical areas well cover:
The fastest way to get started.
The real story about accreditation.
How to build your confidence and experience gradually and
consistently.
The benefits of focusing on your specific niche.
How to get your initial clients.
How to structure your very first coaching session.
How to set your fee in the major coaching countries, and how to
negotiate a reasonable fee.
How to collect powerful testimonials to boost your credibility and
confidence right from the start.
How to write a compelling 'bio' or resume.
How to craft the details of your coaching service and policies.
How to get clients via the internet, alliances, and public speaking!
So, are you ready to build a successful coaching business? Lets get
started!
http://www.CoachStart.com
http://www.BecomeaCoach.com
The evenings are spent with family and friends or on your personal
development and care. You are a great role model of balance, fun and caring
for your clients.
One Reason Not To
If you dont enjoy seeing and being part of someones growing, then dont
become a coach. If you dont get a kick out of being part of someone
learning something new, bursting through a barrier, having FAR more than
they ever thought they could have then this is not the career for you.
Having said that, I dont believe there is a human being on the planet who
couldnt learn to enjoy that!
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* Results of working with a coach: 67% of clients saw an increase in selfawareness as a primary result of the coaching process, with 62% setting
better goals, a more balanced life received by 60%, and lower stress levels
in 57% of the clients. 52% of the clients used the opportunity as a means
of self-discovery, and 52% to build self-confidence. 43% wanted to improve
the quality of their life, 39% to improve communication skills, 35% to
complete specific projects. 33% used a coach to improve their health and/or
fitness level, 33% to improve aspects of their personal or professional
relationships, and 31% use a coach to have more fun in life.
What Coaching Isnt
The most obvious point to remember is that coaching is not therapy,
counseling, or psychology. In addition, coaching should not be confused
with consulting or mentoring there are subtle differences between each of
these interventions. Whilst the coaching process may have originated in the
field of psychology and intervention often follows some psychological models,
the actual coaching process should not be mistaken for a therapeutic
intervention. Some of the differences include:
Mentoring:
The passing on of knowledge, experiences, and skills usually by
someone within the company who is older and wiser. Usually more
specifically career-oriented information. A mentor has normally
achieved the goal themselves, while a coach may not have any
experience in the given coaching area.
Consulting:
Often using your own skills to improve a given situation, as opposed
to developing the clients skills to a level that can cope effectively with
the situation.
Therapy and counseling:
Tends to focus on feelings related to past events and processing such
feelings. Coaching is oriented towards goal setting and encouraging
the client to actively move forward. Tony Grant from Sydney
University has said: Therapy is like helping someone with a broken
leg to walk again. Coaching is helping them to run the four minute
mile.
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To show you the relative interest in the career of coaching by country, here
is a breakdown of student location from a leading coach training school. Note
this is a US based school a UK based school would show a much different
distribution.
Country
USA
UK
Japan
Canada
Australia
Students
2150
236
227
143
84
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They include:
Executives
Managers
CEOs
Housewives
Professionals
Creative people
Entrepreneurs
Small Business Owners
Below are some solid statistics from a past ICF client survey. While the data
is several years old, the general characteristics are still relevant today,
although we might expect a trend towards more lower-income and nonprofessional clients embracing coaching:
65 of the respondents were male (31%), and 145 were female (69%).
Average age was 45 years, with respondents being within the age
range of 24-67 years of age.
Most were employed as professionals.
Education gained: 82% had gained degrees, with one third gaining a
Masters degree or higher.
Now that weve had an overall look at the coaching industry, lets look at
how to jump in and get started!
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Section 2: Strategy
2.0 PRACTICAL GUIDE TO GETTING STARTED
So, you're considering a career as a life, business or corporate coach, but
are wondering, What's the best way to enter the field? Do I need to do a
training course? Do I need to get accredited? Where will I get clients? And
do I have what it takes?
Most coaches agree on the best way to begin a coaching career: Work with
someone who already is a coach! Simple, eh?
In other words, do a month or two with a coach. Someone who has already
built the type of business or career you want to have and who can then help
you do the same only faster and more efficiently.
Here are the key steps:
1. Interview 2-3 coaches to find out more about the career and lifestyle
you would be getting into. They can tell you the good and the bad;
how easy or difficult it is; and ... how they got started.
2. Hire a coach and experience coaching for yourself. But don't get
coached on Becoming a Coach. Not just yet. Get coached on
something else you want to achieve or something you want to alter in
your life. This will give you the best feel for whether or not this is the
career for you. AND, it's actually the best training you can get.
Training from a live course, teleclass, book, or online environment is
great. But there's no substitute for the experience of personally being
coached, and seeing how an experienced coach moves you forward.
3. Once you've decided to go ahead, consider professional coach
training. This will give you resources, insights, tools, and support. It
will also help you to build your coach network other coaches you
can call on for help and advice. You should pick a school which has
happy, successful coaches. Do you require face-to-face training, want
the flexibility of teleclass (phone conference calls) training, the
multidimensional impact of online learning, or a combination of these?
And shop around prices vary. For a list of training schools and the
specials weve negotiated, visit: http://www.becomeacoach.com
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4. Work with a coach to build your practice. Some people skip Step 3
and jump straight to working with a coach to enter the industry.
People in this category are usually those with existing transferable
skills (e.g. counselling, or a lot of personal development training). Or,
they are people short on cash, who want to generate some revenue
from coaching before they invest in a proper training course. A coach
can help you avoid common mistakes, and build your practice faster,
with less effort than you would on your own. What business systems
do you need in place? Where will you find clients? How will you keep
your clients? And how do you keep your chin up if you lose three in
one day!?
Some new coaches like to combine Steps 3 and 4 by finding a training
program which supplies them with a coach.
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Your Approach
Everybody loves a pilot project, so here is one approach:
Start with your network and get on the phone to HR people & senior
managers whom you know. If you dont know any, call your network and
get referrals for these people.
Give them your rough pitch and see if you can get to a meeting to discuss it
further. A great offer is to do three staff members for three months as a
pilot project. If they get great results, you get paid, and a corporate
testimonial. And you start rolling coaching out to other key staff. If they
dont get great results, then no fee is necessary, and thanks for your time!
Or, if they dont want to bring in other people at this stage, invite them to
trial coaching for themselves. They can do an Exploratory Session to set
some goals and then decide if they want to trial three months of coaching.
Similar deal to the above.
I wont go further into corporate coaching at this stage and please bear in
mind its not a focus for me personally. But I wanted to include a section
here to assist you if thats your cup of tea! The rest of this Manual will use
setting up a life coaching or business coaching business as an example.
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It can be very empowering to hire a mentor coach and set a goal of bringing
in enough coaching income to cover the cost of your own coach by a
particular date.
Remember, you don't need a mentor coach. No one NEEDS a coach. It's
just a slower, less fun and often more expensive road without one.
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What You Do
We asked the question: What do you do? and If you did specialize in a
target group, what might that be? Here we look at the issue in much more
depth.
Its important to get clear on what it is youre out to make happen for
people. Youll start with the intellectual stuff: er I help people set and
achieve goals, which inspire. Balderdash! You want to get right down to
it, in clear English that everyone can understand.
Here are some examples:
I help people do whatever it is they need to do so they have zero regrets at
the age of 80.
I ask people What do you want? and What are you doing about it?
I help people get off the fence, and start living their life.
I help people get clear on whats really important to them, and then keep
them in action!
I insist people live the life they were born for.
I have my clients stop waiting.
I work with women who are not ecstatic in their relationship, to help them
get exactly what they want and deserve from the relationship.
Does that help? You want to get clear on WHY you are a coach and what
you want for people.
I had a shift while I was preparing for a radio interview. I was worried that I
or the coaching profession would be challenged as having no value or
credibility some new-age mumbo jumbo. Suddenly, it became clear to me
why coaching was valuable for me. People get caught up in their
patterns; we are trained to focus on, and complain about, what is not
working. Society is not set up for regular time out to ask ourselves: Am I
going for what I really want? And am I going about it the smartest way
possible? Coaching provides a structure to take regular time-out of our
busy lives to take the 30,000 foot snapshot to increase the chances that
were heading where well be happiest, and that were taking the easiest and
most fun path.
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So coaching became less intellectual and more real for me when I got in
touch with why I feel it is really important. This helped me relax and have
fun during the interview.
Tapping into your passion, by getting to the truth of what you do, will have
you soaring high in your new profession.
Who You Coach
Theres nothing wrong with coaching, or attempting to coach everyone. OK
spouses, lovers, and family are generally accepted no-coach zones, but
dont let the fact that its challenging daunt you. If your client is truly
willing to be coachable, and you will suspend your opinions, judgments and
agendas, it doesnt matter who you are. One of my amazing UK clients,
Sarah, coached both her mother and her father, and they both paid her!
Her father is progressing in leaps and bounds and his colleagues keep
remarking on the difference in him.
To make a difference to your confidence, however, it helps if you gain some
clarity around types of people you would like to make a difference to. For
example, I found that I love helping women realize that its OK to want more
in a relationship and helping them to get it.
So whom would you like to help? Someone wanting to switch careers?
People wanting to begin treating their bodies well? Or children dealing with
puberty? 30-35 year old women looking for a partner? Bachelors over 50
wanting to organize their life?
If you focused on a particular client type, what are three possibilities? Who
would you really like to contribute to or do you feel a connection with?
(Small business owners? Women? Kids? Artists? Butchers? 50-60 years
old?)
If you concentrated on three coaching areas, what would they be? What are
three things you might like to help these groups with? (Switch careers? Get
over divorce? Clean their cupboards?)
i
_________________
ii _________________
iii _________________
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You dont need to choose; its OK to spend the next couple of years seeing
which groups youre attracted to. But again, getting an idea in the early
stages of whom you would like to contribute to, will assist your motivation
and confidence. Factor this into your one-liner about what you do, make it
express what youre passionate about, and start coaching these groups!
Exercise
Complete the Target Market worksheet in the Appendix.
Note: Its up to you how broadly or narrowly you define your niche.
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If your background and training are a close fit with coaching, you can
mention how it was a natural progression. If they are completely at odds
with coaching (is there such a field?) you can mention why youve made
such a switch.
Before you begin the exercises, you might like to refer to my bio in the
Appendix to get some ideas.
Exercise
List the Top Ten Reasons someone should hire you. What are your
strengths?
List everything you can think of that you have done in your life
including training, experiences, insights, etc. Cross out anything that
doesnt add to your credibility or express who you are. (Suggestion:
check with a fellow coach on this to make sure you are not throwing
out valuable information that you are blind to.)
Write a half page Bio. Then go through and cut it down to two to three
paragraphs that really describe you well.
Search the internet and print off three bios that sound attractive to
you (yet dont rely on hard facts you cannot replicate; e.g., a
Doctorate in Psychology). Use these to inspire ideas and rework your
bio.
Have a friend who is good with words or marketing, edit it to give you
a Bio that sounds great! A great sounding Bio can make an amazing
difference to your confidence.
Run your Bio past three friends or colleagues who you would like to
coach and that represent your target market. Use their feedback and
suggestions to further improve it.
Put your Bio on your web site, and in a handy electronic file where
you can easily find it (to insert in an e-mail, or to forward to a
prospective client or audience).
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and more importantly paid for up front! (Or at least the first month should
be.)
Now lets see an example of how this coaching structure might look.
My Practice
Here is an example of a coaching structure using my practice as an
example. Ive actually expanded it to include the most common questions I
find clients have in their head when considering hiring me.
HOW MY COACHING WORKS (THE PRACTICALITIES)
What are the Logistics?
The base coaching is three 25-minute phone sessions
per month. On the fourth week we rest! Phone charges are
included in your coaching fee, regardless of where you
live in the world. This is supplemented by e-mail coaching
at no extra charge, and 'power coaching' calls in the
interim when needed. You take on as much homework/homeplay
as you choose, and most of the learning/growth/action
happens between the calls.
Note that phone coaching allows me to effectively coach
clients anywhere in the world {Note: my system actually
inserts their country but thats a longer story}.
How Long Would We Work Together?
We'll usually start with a 3-6 month period. And,
I ask my clients to simply stay with me as long as they love
the coaching, and are getting much MORE value than the money
they're paying. This could range from three to twelve months,
or even a couple of years.
What Does Coaching Provide?
This is different for each client. Most often I
hear words like: accountability, direction, inspiration,
focus, sounding board, validation, challenge, support. But
the bottom line is, we're normally after a specific result
that makes a difference in your life.
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Europe
The investment for three months of coaching is 750
(which saves 255 over the monthly rate). The investment
for six months of coaching is 1,350 (saves 660 over the
monthly rate). Or you may choose to pay monthly at the
standard rate of 335 per month.
Canada
The investment for three months of coaching is C$1,800
(which saves C$600 over the monthly rate). The investment
for six months of coaching is C$3,210 (saves C$1,590 over
the monthly rate). Or you may choose to pay monthly at the
standard rate of C$800 per month.
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Friends:
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Rescheduling Sessions
Please make your coaching a priority, after all, we are working on the things
YOU have said are most important. Sessions dont carry over to the
following week, and are not cancellable. If you give me prior notice, I will
offer you another time slot within my standard coaching hours in the same
week if available. However, if you miss a session, you will be charged for
the session.
Billing
Billing is by credit card every four weeks in advance (not Amex or Diners
sorry). I will accept checks for clients who pay three months in advance.
If you are serious about putting a coaching structure in your life, you may
elect to pay for 3 months coaching in advance (25% discount) or 6 months
of coaching in advance (33% discount).
Please note I offer reduced fee rates after we have been working together
for 3-6 months. Some people find that after three to six months they have
the momentum they wanted, and two sessions per month (30% discount),
or even one a month (60% discount) supported by e-mail, is fine. After
six months, ask me about Just in Time Coaching too, where we dont
schedule sessions, but you call when the time is right.
Termination of Agreement, and Non-Refundability
You may terminate the agreement at the end of any billing cycle. Coaching
goes for as long as you're getting great value for your money. If you're not,
we change something, or we stop!
Please note your coaching investment represents a commitment to coaching
and to your goals. As such, your monthly payment is non-refundable. This
is particularly true where the refund request is based on priorities changing
or a lack of available time for your goals.
If you have paid several months in advance for your coaching, you may
terminate the coaching at the end of any four-week cycle. In this event you
will receive a refund for the unused whole months. However, please note
you will be charged the standard monthly rate for the months used, as your
discounted rate is no longer applicable.
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In addition, you agree that I have the right to terminate the relationship at
any time if on more than one occasion you fail to be on time for your
coaching sessions, fail to complete your promised actions/fieldwork, or are
late in payment. (Im not an ogre about it this clause is just for clients
who continually slide, and where continuing in coaching could be draining for
at least one of us!)
Liability
Responsibility
I work on the basis that you are fully responsible for your own life and
decisions. I will offer suggestions, options, and coaching, based on my own
life and professional experience, and I will work with you to identify solutions
to your problems, but any decision about a course of action is yours, and
you accept full responsibility for such decisions. You should carefully
evaluate the consequences of various options, and decide accordingly. I
make no representation, or warranty to you that any of the coaching
methods, Sessions, or activities will work for your particular circumstances
and in no way guarantee any results.
Agreement Not to Hold Liable, and Indemnity
You acknowledge that the Coaching Sessions may be personally,
emotionally, and physically challenging and that there may be occasions on
which you will feel such challenges including, but not limited to
frustration, annoyance, and stress. You agree to cancel any Session in the
event that you are not well enough to continue. You will not hold me liable
for any loss or cost incurred by you (or any person related to or associated
with you, including but not limited to your customers) in the event of
mental, physical, financial, emotional stress, or distress (or other ailment or
condition) caused either directly or indirectly in relation to the Coaching
Sessions. You shall indemnify me in the event of any such claim, including
but not limited to any claims made against me by any person related to or
associated with you, including but not limited to your customers. Anything
said by me verbally or in writing shall not be constituted to be advice of
any kind, including, but not limited, to medical, psychological, legal, financial,
counseling, business, or actuarial advice.
You warrant that you do not have a history of mental illness. Further, you
warrant that you are not currently undergoing therapy of any kind, or that if
you are; you have obtained the express permission of your therapist to
engage in this coaching arrangement. If you cannot make these warrants,
you have an obligation to inform me of any such history, or any past therapy
sessions, so we can discuss if coaching is appropriate for your
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AGREEMENT SECTION
I understand, and agree to the above terms and conditions.
Your Name: ____________________
Date: ______________________
(Please return this agreement by e-mail before your first coaching session)
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Action
It is true that people receive value from growing awareness, or insights
about their life. I am sure there are coaches who help their clients gain
clarity during the session, and then leave it to the client to decide what, if
anything they will do before the next session.
However, a generally accepted principle of coaching is ACTION. Without
action, results do not occur and many of your clients will be seeking
results. Also, action provides the opportunity for new insights its not until
you go and ask three girls for a date that you can learn more about your
fear, including how to get past it.
It has been said: If the client is not left in action, coaching did not occur.
A strong statement, but I tend to lean in this direction.
***
If you would like further information about how to coach, then I recommend
you view our coach training libraries at:
http://www.CoachingClips.com
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Note: Almost everyone you know should be on this list! Include friends,
colleagues, family, etc.
Then prioritize into three groups:
GROUP A) people who might be really interested,
GROUP B) people probably interested, and
GROUP C) well they made the list, but I'm not sure it would be
worth calling them.
Don't worry about what to do with these people for now; we'll cover that in
the next chapter.
Exercise
List the people you know who might really be able to use coaching right
now. i.e. the people YOU feel might really be able to use some help, or who
you feel you would like to contribute to.
Next to each one, write the issue, and how you think you could help.
For example:
Name
Lynn
Issue
Getting over divorce
Brad
Jill
John
Overwhelmed and
stressed
Wendy
Lonely
Glen
Completely
disorganized
Mary
Constantly pleasing
people
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Richard
Feels overweight
Monica
Wants a record
contract
Greg
Resigned and
apathetic
Wants more money
Bruce
Jane
Betty
Working 14 hours a
day in her own
business
In the next Section Ill explain exactly how you can approach these people in
a way that feels authentic and comfortable for you, and so that they see it
as an opportunity.
Note: For further information on how this process works, you might like to
refer to the ICF Conference Speech I delivered on Getting the First Fifty
Clients, available at:
www.FirstFiftyClients.com
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2) Cold Invitation
This is where you call someone you dont know and offer them coaching.
We wont be covering these. Who wants to do that? Especially when youve
got your very own network of people where you already have a relationship,
and many of whom want to support you getting your practice off the ground.
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3) Warm Invitation
A Warm Invitation is one where its not a Cold Invitation because you know
the person. But its also not a Hot Invitation, because youre not face-toface with them while they bring up the subject by asking you how coaching
is going, or what you do for a living is.
So its a Warm Invitation you know them, or at least know of them
through a contact, and you are calling them.
Heres a sample script you might use:
"Hi Jack, how are you? I'm calling about coaching. I'm setting up my
coaching practice and I'm looking for high energy [INSERT YOUR OWN
DESCRIPTOR] people to do some trial coaching sessions with.
[PAUSE/LISTEN].
But first, if you have a couple of minutes, I'd like to check and see if
us doing a session together even makes sense, because I don't want
to waste your time with this.
[PAUSE/LISTEN]
OK, great. So let's find out if there's something worth working on.
What's one thing you'd like to alter in your life? (Or: What's the
biggest pain in your life? What's one thing you'd love more of, if you
could only have more of one thing?) [INSERT YOUR OWN QUESTION
EXPERIMENT WITH THIS]
[PAUSE/LISTEN. QUICKLY FIND WHAT THEY WANT/THEIR 'BUTTON'.
DONT GET INTO IT YOURE NOT TRYING TO SOLVE ANYTHING
RIGHT NOW]
OK, so if we could find some strategies to help you do that, would that
be worth spending half an hour on? Great, I won't be charging for
this. If we find a great goal that coaching could make a big impact on,
we can look at setting up a coaching structure for you. If not, then I
appreciate your time in helping me with my training and development.
Do you prefer Wednesday or Thursday? Face to face or phone?"
(Thanks to Deanna Sorensen and Alanne Whitaker for their help in
developing this script).
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Exercise
Practice this with three friends from the lists you made in Section 4:1
Where to Find Clients, to see how it feels for you.
Exercise
Use the Warm Invitation (or your version of it) to begin going through your
lists of people. Polish off Group A within the first week or two, and then
Group B within two weeks after that. Aim for a yes ratio of, say, 80%.
Tip: Its much easier to call ten people in an hour (to set up Exploratory
Sessions), than it is calling one person a day for ten days. Once you have
done the first couple and gotten into the flow, you can call anyone with
confidence. But if you do one a day, you may never get into this zone.
4) Hot Invitation
How many times are you at a party, meeting, in an elevator, etc., and
someone asks you what you do? This is an excellent opportunity to invite
someone to experience coaching with you. However, firstly you must give
them a REASON or INCENTIVE to do so. Secondly, you must extend an
INVITATION!
A HOT INVITATION is one extended when you are already talking to
someone, and coaching comes up (as opposed to a warm invite where you
call someone you know to discuss coaching). Youre on the spot heres an
opportunity to turn a conversation into a trial coaching session.
So the prospect has asked what you do, or what coaching is, Now what?
Most of these tips assume you're at some kind of party or networking
function, but they can work for anywhere:
1. Keep your answers short and let them drive it e.g., "I'm a coach".
They'll usually ask follow up questions.
2. Speak of what you do for people, not about what coaching is e.g., "I
move people forward"; "I work with professionals to grow their
business"; "I help women expand their community of friends"; "I do
A, B, and C for people"
3. They've asked 'How does it work?' Great. You might like to use
Agassi or Tiger Woods as an example. They have coaches. It's not
fixing their game; it's about being even better or having even more in
your life.
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4. Another answer to this question might be: "I look for what's missing.
Some people come to me for direction; some want accountability, so
that stuff gets done. Others can simply use support or a sounding
board. (Others are focus, inspiration, and challenge.)
5. Another great answer is: "If you could do anything, what's the
number one thing you would change in your life?"
6. Put it back on them after all, that's what coaching is.
7. Many people will say, "That's interesting." Don't let this pass. Ask
them "What about it do you find interesting?" and go from there.
8. Other great questions: "Have you ever considered working with a
coach?" "If you had your own coach, what would you get started on
first?"
The Invitation
Sometimes all it takes to set up the session is for you to invite them to have
one! (I know rocket science, right?). It might sound something like:
"What I usually do for people who are interested in coaching is to set
up a 20-30 minute chat to talk about their goals and give them an
experience of being coached. I don't mind if they become clients or
not; it helps me develop my skills, and it's one way I develop
referrals. No charge. Would you be interested in that?"
Full Hot Invitation Script
Suppose coaching comes up and the person says: Thats interesting.
Here is a series of questions that will often lead to a strong trial session:
Really? Have you ever considered working with a coach?
[PAUSE/LISTEN]
Whats one area you would focus on first, if you had your own coach?
[PAUSE/LISTEN]
Do you think coaching might make an impact in that area?
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So you might suggest the client (even if it's a friend) would get more out of
the coaching if they pay even a nominal amount. For example: "I'm happy
to waive my fee for the first two months. However, I think you'll get a lot
more out of the coaching if you pay a nominal amount. You know how when
you pay for the gym up-front you've got a better chance of using it? So
what would you feel comfortable with as a token amount? OK - $50 - so
that will be $100 now for the next two months."
Golden Rule: Find what the client is comfortable paying
So how do we marry the first two principles? How do we take on as many
clients as possible, yet value our services, and get as much revenue as
possible?
Simple: Ask the client what they're happy to pay!
Consider the following role play I might do with a new coach playing the part
of a prospective client:
Scenario 1
Client: "How much do you charge?"
Coach: "I charge $300 per month."
Client: "Well OK - how do we get started?"
Scenario 2
Client: "How much do you charge?"
Coach: "I charge $300 per month."
Client: "Hmmmm....well I don't think I can afford that right now, but I
appreciate your time."
Coach: "Well let me ask you, IF price wasn't an issue for you, would you be
interested in working with me on this issue for 2-3 months?"
Client: "Hmmmm... yes - IF price wasn't an issue, I suppose I would."
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Coach: "OK - since I'm still building my practice, and I want to coach you,
I'm happy to make an investment in this. In fact, right now, the money isn't
that important to me. So tell me, what would you feel comfortable paying?"
Client: "Well I suppose $150 would be OK."
Coach: "Great, if you're willing to commit to working with me for 3 months
on this, I'm willing to take you on at 50% of my fee for that time. At the
end of that period, we can revisit it."
See how it works?
Setting Your Rack Rate
I ask my coaches: Imagine you have ten clients, who keep hiring you
month after month, are clearly getting value, and have referred you to a
couple of people. What would be a reasonable monthly fee to charge?
So whats your answer to that question? Think maybe three 45 minute
sessions a month, with one rest week. And dont undervalue it. Society is
used to paying a couple of thousand dollars for a holiday, but not paying a
couple of thousand dollars to vastly improve their life! So dont get drawn
into that trap. Envision the kinds of changes these clients can make with
your help, and try and put a value on that. And if youre still having
trouble charging, you might consider offering a money back guarantee, so
you are sure theyll win from the deal.
Ill give you my estimate of a reasonable rate to charge for a new coach.
This will change once youve coached fifty people, and it changes if you have
specific expertise in your area of coaching (e.g., if youre a management
consultant coaching executives). In Australia I suggest about $200 to $400
per month, depending on your existing network, any client base you have,
and your belief in your value. In the US I estimate about $150 to $250 per
month. And for the UK, Id guesstimate about 80 to 160. But youll get a
better idea by surfing the net and seeing what coaches are charging.
Please dont take these as Gospel. You can charge much more if you can
demonstrate the value to the client up front, or remove the risk (e.g.,
through a money-back guarantee). And of course you can always charge
less if they are a friend or you need to negotiate to get your initial clients
but were talking about your Rack Rate: the one you mention BEFORE you
negotiate. And, you can charge much more if you are working with clients
who are relatively wealthy and/or you are working on an issue they value.
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(For example, Ive noticed people seem to be willing to pay more to change
careers or start a business, than they are to work on their relationship.)
I suggest you charge at least monthly in advance, and consider three
monthly in advance too. After all it supports most clients to commit to
this process.
Timing
Dont get too hung up on the charging issue for your first twenty clients.
Dont worry if it doesnt come smoothly. The first skill to practice is inviting
people to do Exploratory Sessions and getting yeses to that invitation. The
second skill to practice is agreeing on a time commitment to their goals and
the coaching relationship: i.e., having the sign up for a coaching structure
for one to six months. The third skill to worry about is to comfortably
negotiate and charge your fee.
And you dont have to learn/practice these skills all at once! Take your time.
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4.4 TESTIMONIALS
Testimonials are easy to get.
And they serve a couple of purposes. Obviously, they help a prospective
client see that you have helped someone else, which is likely to give them
more confidence in signing up with you. This is particularly valuable in the
first couple of years while you may be working on a certification.
But secondly, they show YOU that you have helped others, and that you
really do make a contribution!
In this section, Ill ask you to get three clear testimonials that you can use to
promote your credibility, your confidence, and your services. Note it can be
as simple as a couple of lines from someone you have assisted. Of course it
must be their words and you need their permission. Its ideal if they are
willing for you to put identifying information such as their full name, job title,
company, city, and even e-mail address at the bottom. And who knows,
maybe even age? This allows a potential client to better relate to the
situation. And if their company is known, and/or they have a
professional-sounding title, it gives you added credibility. I also like to ask
for a scanned photo so people can see its a real person.
Testimonial Tips:
Get in the habit of asking for a testimonial whenever you finish with a
client, and make sure you follow up. Another good time to ask is
when they are excited about something they produced from the
coaching.
Dont hesitate to ask someone even if youve done just one
Exploratory Session together. They have still experienced your
coaching, albeit briefly. (You can replace these later as you get more
solid testimonials.)
You might ask them to start with the situation they were in: e.g., I
was struggling with XXXXX and wanted to find a way to XXXXX.
Then mention specific results.
Most clients are happy for you to do slight edits, and send it back for
confirmation. This lets you frame it in the best possible light.
Start collecting positive e-mails and letters from your clients. Every
line is a possible testimonial down the track or even now. What I do is
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wait until Im redoing my testimonial page and then show them their
old comments and ask if they are happy for me to use them.
Here are three possible sources for your initial testimonials:
Your Friends and Colleagues
Given you want to become a certified coach; chances are you have already
helped people in your past. Obvious roles are where you have mentored
someone, managed someone, counseled someone, or simply given a friend
support, encouragement, or advice that really helped to move them forward.
Dont you think its likely this friend or colleague would be happy to support
you by jotting down how you helped them? Even better, offer a coaching
session so they become one of your very first coaching clients
Your Very First Coaching Clients
This is not rocket science <smile>. Call a friend and say, Hey I need
some testimonials. Ill coach you for a month for free on XXXXX. All you
need to do is give me an honest couple of paragraphs at the end on how it
was for you.
Past Clients
Financial planners, teachers, consultants, therapists and trainers are
examples of people who may be able to get testimonials from their past or
current client base. It will most likely not mention coaching, but Thank you
Jan, for helping me get my finances in order, or Thank you John, for your
help with my relationship youve certainly made a difference, are very
powerful statements.
Exercise
View the testimonials at www.10SuperCoaches.com. How would you alter
them if it was your site?
Exercise
Collect a minimum of three testimonials that show how you made a
difference to someones life no matter how large or small. Have them
available in an electronic file to send to prospective clients, or include in
marketing mail outs.
Bonus Points: Place these testimonials on your web site.
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You dont (well rarely) ask a first date to jump into bed with you straight
away. You start with a phone call or perhaps dinner.
Similarly on the internet, not everyone will buy your Gold 12-Month
Package straight away. So you need different bite sized pieces that they
can consume along the way. For example, a masseuse would want to be
in front of potential clients regularly so that when they feel like a
massage, or someone asks where they can get a good massage, they
think of you.
So sure youll have the Gold 12 Month Package on your site. Youll even
have the one-off massage maybe with a special offer for their first
time. You might even have a gift voucher an excellent idea around
birthdays and special Holidays.
But lets see if theres something even smaller they could bite on.
How about a free report they can download on the benefits of massage?
This would of course have your details in it, including your special
invitation. Or a relevant free ebook you have found on the internet
which youre allowed to give away? You should also offer a regular ezine
(online newsletter), or a regular mailed newsletter.
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4) Your Ezine
If youre selling a product or a service, it usually takes several instances
of contact before someone will buy from you. Enter the Ezine! I suggest
that with the free download mentioned above, you offer a regular
newsletter.
This can initially be regular updates of whats happening or special offers.
But you want to pretty quickly move to at least a quarterly ezine
providing articles of value, and maybe monthly or weekly.
And heres a very valuable tip: You dont even have to write the articles!
Most authors will give you permission to reprint if you include their
contact details.
Note: For over forty relevant life-coaching related articles you can reprint
free of charge, visit www.SolutionBox.com/archive.htm
To see how to craft an offer which achieves subscription rates of up to
25%, see www.lifecoachingresource.com, and the first two pages of
www.10supercoaches.com. Youll also get to see the type of information I
collect from my customers.
5) Ask yourself the top five questions a prospective client would want
answered.
And answer them on your site. You might extend this into a general FAQ
(Frequently Asked Questions) on the service your market is looking for
(e.g. coaching, massage, financial services).
6) Approaches to Targeting
Many people ask me: What if I have multiple target markets? How do I
speak to many people from just one web site?
OK. Suppose you decide that you would like to work with professionals,
artists, sales people, managers and business owners. You could put up
the following menus on your site: Professionals, Artists, Sales people,
Housewives, Singles, Managers, Business Owners, etc. so people can
click based on WHO they are. Then in the resulting pages, speak to those
specific people with their needs. (e.g., on the Manager page you speak
to the needs of a manager, and how you work with managers.)
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You can't just put up a blurb and a bio you need to give them
something enticing to click on.
As Ive mentioned, one way is to offer a valuable free download. This
captures their email address and begins a dialogue between you. (If you
don't have one of your own, you're welcome to use one of mine; e.g., To
use the 50 Power Questions download on your site, to attract signups,
download it from www.solutionbox.com/50powerquestions.htm, and have
your web designer offer it on your site once they have given you their email address.)
Another way is to give away a free mini e-course; a series of e-mails that
provides value in some way.
But even better....is.
An Interactive Quiz!
Offer your visitors an interactive quiz which inspires them. One which
helps them create possibilities in their lives, which may then require your
services!
After all, if Bill Bloggs has no goals, he has nothing to work on with a
coach. But if after 5 minutes on your interactive quiz he has three
inspiring goals then he's excited! You now have a potential client.
Note: If you dont want to create such an interactive quiz yourself, along
with all the programming fees and hassle, youll probably be very happy
to know Ive created one for you! One you can host on your site. You can
put your own name and logo on it, and it sends you an e-mail when your
visitor fills it in, complete with their contact details. Currently this is free
of charge, but you should know I plan to charge for it as soon as I find
time to make the programming changes (which could be quite a while!):
http://www.FreeGoalsReport.com/register.asp
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For example, if you are a dentist in the UK, and only see people face to face,
youll be happy with www.happyteeth.co.uk. However, if you feel you may
one day sell e-books, books, and CDs globally on dental hygiene, you would
try and get www.happyteeth.com.
I dont like getting .net or .org or .info extensions. Its harder for people to
remember, and they come up lower down in the search engine listings.
However, sometimes youll just love a domain name so much, you may
prefer to www.happyteeth.org than to settle for
www.happyteethandgums.com. I registered www.truthaboutwomen.net
because the .com was not available, and the name was important to me.
Same with www.freecoaching.org. In fact, sometimes the .org can make it
look like its much bigger than just you kind of like an organisation, which
is not a bad perception to have out there.
Where to Look
You can search for names and variations at www.MyDomainFriend.com a
very powerful free tool.
But dont register the domain there as its a bit expensive. Once you know
the domain(s) you want, go to www.godaddy.com and register a name for
only US$9 per year.
Youll also want to check the name is not trademarked in the country where
youll do business.
Dont get discouraged if even the first twenty names you want are taken.
This is just the way it is. Keep being creative and youll soon have your
perfect domain name.
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pages are
engines, 12
With prices
3) obsolete.
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Option 3) Do it yourself
This is definitely doable for example, you can submit your web pages for
free at www.addme.com to many engines. This is the approach Ive always
used but then again, Im a total geek-nerd when it comes to this stuff.
There are a couple of problems with this. Firstly, you don't know the
hundreds of tricks to make your page come up in the top ten rankings on
engines, and would be stabbing in the dark. Secondly, it will take you a lot
of hours to submit every single page to the major engines and that's just
the first time you do it! After the third time you sit down to do this, you'll
kick yourself. Also, when you want to know how visible you are on the
engines, do you really want to search all 100 engines, for each combination
of key word, for every page on your site (easily 10,000 combinations)? Or
would you prefer to leave your computer for an hour and come back to a
summary report of your top rankings, including which rankings have
changed recently?
Without hestitation, I recommend Option 2 to over 90% of professionals.
(Note: That's unless you already have $10,000 in revenue from online
sources, or plenty of startup capital then go for hiring a professional)
What Software to Buy?
It's probably most useful if I mention the key things you should have in any
software you buy. Then you can surf the web and research to your heart's
content. Or if you prefer to buy the one I use and recommend, Ill give you a
link to the free 30-day trial version at the end of this section.
http://www.BecomeaCoach.com/webposition.htm
Look for the following major features in whichever software you choose Great Articles and Advice:
You want a powerful knowledge base so you can learn what the search
engines are looking for. Also you'll want tips and tricks for how to get listed
on the major directories like Yahoo. Ideally get one that updates its
Knowledge Base regularly.
Page Creation:
Your software should help you tweak your pages so they rank highly on the
search engines, including automatically creating the much talked about 'Meta
Tags' in your pages, so you don't have to do it. Some will even create initial
pages for you!
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Automatic Submission:
Make sure your software will submit to all the major search engines
automatically. AND that you can schedule it to do a little submitting to
the engines each day, so you don't get flagged for spamming the engines.
Reporting:
You'll want a reporting engine so you can say, "Tell me my rankings for all
my web pages on say the top 50 engines, for the keywords 'life coaching'
and 'life coaching Canada'. I'll be back in an hour!" This will show you where
you're doing well, and where you need to do some more tweaking or
submitting.
Traffic Monitoring:
If you get a good one, you'll be happy to have this included without paying
extra. Let's you view how many people visited your site, say in the last
week or month, what search engines they came from, the pages they
visited, and ideally, what key words they entered into the engine!
***
So search the web for some good software. If they're any good, they
probably come up near the top in the listings! (After all, that's what they
do). Or if you want to try the one I use I'm so happy with mine I made
them one of my preferred affiliate providers. It handles all the above
recommended features plus a few more, and last time I looked the price was
still under US$200. You can read more about it here:
http://www.BecomeaCoach.com/webposition2.htm
Or go straight to downloading the free 30-day trial version here:
http://www.BecomeaCoach.com/webposition.htm
Paid Google Traffic
I use Google Adwords to gain most of my customers these days. For
Adwords you pay per click for certain keywords. Someone will type in, say,
"Life Coaching" in the Google search bar. When the search results come in,
the ads on the right show up in correlation to the key words typed in. You
only pay if someone clicks on the ad.
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The secret for me is that the products the customers buy when they come to
my sites, pay for the web traffic. As a bonus, I get lots of newsletter
subscribers.
I use Overture.com too but I don't seem to get very much traffic and it's
quite expensive.
Further Resources
If you would like a really comprehensive step-by-step guide to driving lots of
traffic to your web site, converting visitors to clients, and creating passive
revenue streams (i.e., information products), I recommend our new DVD
entitled:
How to Get 95% of Your Clients Via The Internet
(http://www.solutionbox.com/internet-marketing.htm)
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Sell their product or offer with your product; e.g., Buy a 10-pack
of massages, and receive three free gym visits! or Buy our Gold
12-Month Program and get 3 months gym membership for 20%
off. You could even sign them up, collect their money for the gym
membership, and pass it on to the gym.
Do a free speech or teleclass (teleconference call) for their
members.
Write valuable articles for their regular newsletter or magazine.
One free massage (or discounted massages) for senior staff, or all
staff who deal with the public (a great referral source!).
Pay commission on sales they refer to you. (For a good referral
partner, you could pay them 20%, increase your fees by 20%, and
youre marketing is handled at no cost to you!)
As you can see, there are many varied possibilities. Whats important is
not the actual ideas or the details, but the principles involved. Youre
creating an exchange of value so that everyone wins. Pick one or two
ideas from the above list, or create your own! Float to your potential
alliance partners and see what comes up. Dont make it too complicated
you want it to be simple, profitable, and fun!
5) Action!
Contact at least ten possible partners over a period of 2-4 weeks. This
will be an incredible learning experience. Youll get to see what types of
alliances are most likely/responsive, which are most productive, which
are easiest and quickest to set up, and which are the most fun. You can
print our Coaching Alliance Form from Section 8.5 to assist you.
Note: It takes time, focus, and persistence to set up fruitful alliances; you
may have to chase them to set it up. But the results are worth it so do
not get discouraged! Somewhere in your area, there are many companies
or clubs hungry to increase their sales and/or increase benefits to members.
And if you supply services or products interstate or even globally, your
alliance potential is mind-boggling!
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Exercise:
Imagine you will die at midnight tonight.
Your friends and family have been invited to come to a great hall to hear you
share what you have learned, that you wish to pass on to others.
At 9pm you walk onto the stage. You look around at their smiling, loving
faces. They are listening, ready to soak up what you have to pass on.
You have 30 minutes to speak. Write down what you say to them, that it
may be passed on from generation to generation.
Introduction:
Main Section :
Conclusion:
Questions:
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Also I highly recommend you find a way to get THEIR information. I like
to use a feedback sheet that allows them to make suggestions to my speech.
On the same form, I ask what they might be interested in (free coaching
session, free newsletter, more information, products, speaking at their
company), I ask for a testimonial (optional), and their contact information
(optional). At the end of the talk, youll have a few handy leads to follow up.
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Create product
Once youre out there speaking, youll want products to sell. Create a tape
series, book or video. Also partner with someone else who has something
you dont sell, so you sell their product and they sell yours. Give away one
from the platform as a prize. If you have a speech, you have a tape. Once
you get your talk perfect, go into a recording studio and record it, or even
better record it professionally during a live speech. Have it professionally
packaged and sell it in the back of the room at all your talks.
(Note: More information on creating product and passive revenue is included
in our new DVD: How to Get 95% of Your Clients from the Internet, found
at: http://www.solutionbox.com/internet-marketing.htm)
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Fee negotiation
When asked to speak at a corporation, theres no harm in trying for a fee.
Rule of thumb: whoever mentions money first loses. When asked how much
one charges, ask what the budget is. This gives you an opportunity to see
what they are charging and if you are willing to speak for that. When calling
a service group or organization one can always ask what the budget is for
speakers. Many have honorariums that they provide to speakers.
If they are not forthcoming, and you have to mention an amount, something
like $150 or $200 is reasonable to start with, moving up to $500 when
youre well known and have a killer speech. And its up to $10,000 when
you really get up there, and are doing keynotes at national conferences.
But initially, if you just want the gigs for clients, experience, a testimonial,
and a chance at some paid work, then still ask for a fee but negotiate
down as far as zero if you have to. Well, because Im going to get A, B, C
out of it Id be willing to do a freebie.
Sometimes you can ramp the fee up a little by offering a coaching session or
package to senior staff.
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***
OK you should have enough material to last you for a very long
time!
I trust you have enjoyed this Manual, and encourage you to apply
these strategies thoroughly to your practice.
Fill your practice and give your gifts to the world!
Best regards,
http://www.CoachStart.com
http://www.BecomeaCoach.com
http://www.SolutionBox.com
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Possible
Niche
Their Key
Problem(s)
Your Key
Benefits
Overweight,
cant get dates
or sex, scared
of heart attack
Fit and
trim, abs
of steel,
confidence,
reduce
risk of
heart
attack
Your Services
/ Products
Book on willpower,
ab cruncher, diet
pills, gym
membership
Where to
Find This
Group
Gym
Newsletters
and
noticeboard,
Health
Magazines,
Referrals
from
Doctors.
1.
2.
3.
4.
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Coaching Format
I offer coaching by:
Face-to-face
Phone
Clients home/office
Neutral location
Client calls me
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National
International
No calls
Coaching Hours
(Its a good idea to have clearly defined times)
The times and days I coach are:
__________________________________
I will make exceptions:
Yes
No
Session Duration
30 minutes
45 minutes
1 hour
1.5 hours
15
30
60 minutes
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Contract/Agreement Term
4 weeks/1month 12 weeks/3 months
26 weeks/6 months
Billing
Fee for above service: _____________ per cycle or period
Willing to discount?
Minimum Fee:
Yes!
No
____________
Payment Methods:
Cheque/money order
Cash
First Payment Due:
Pay by first session
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Guarantee ________________
Refund Policy
Full refund
Exceptions:
_____________________________________________________
If I stop the coaching before the end of a cycle (e.g. because
you have not met your Requirements), you receive:
No refund Pro rated refund Full refund
Exceptions:
_____________________________________________________
(Note: if your policy is to provide a refund if they dont meet your
requirements, we suggest not communicating this up front as it may
weaken the accountability and can provide an easy way out for your
more slippery clients!)
Reschedule Policy
With _____ days/hours notice I will _______________________
____________________________________________________
Without this notice:
____________________________________________________
Additional guide:
I am a sap and will let sessions slide to the next week for any
reason
Sessions may only be postponed in the event of
____________________________
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My Target Market:
Alliance
Providers
Contact
Information
1.
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2.
3.
4.
5.
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6.
7.
8.
9.
10.
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