jimAs a solopreneur how do you know when it’s time to get a coach or even to become a coach yourself? And how do you know which coach to trust? Our friend and repeat co-host Jim Palmer is here to give us the answers.

For episode 339 of The Solopreneur Hour Jim dropped by to talk about how he became a coach, who needs a coach and how he knew he was ready to host his first live event.

More About This Show

If you missed Jim’s previous visits to the show you can listen to them here. His back story is discussed at length on those shows, so today we skip that and dive deep into his knowledge of business, coaching and the importance of live events.

Specifically Jim shares what got him started as a business coach, who needs a coach and how to choose one, plus the approach he takes for creating live events for his audience.

What peaked Jim’s interest in coaching was the number of people who asked him how he had become so successful in his own businesses. When Jim started his solopreneur journey he faced numerous challenges, and overcame them to grow several businesses into multiple six-figures and beyond.

People took notice and wanted to learn how he had achieved that level of success. Naturally Jim saw an opportunity there; he could reach more people and help others grow their businesses as he had if he became a coach. His “Dream Business” Mastermind and Coaching program was born.

You’ll Also Hear:

  • What time freedom really means as a solopreneur.
  • The “when I” syndrome: are you suffering from it?
  • Where do his brilliant ideas happen? Hint: it’s not his office!
  • What is the only type of music he can listen to while writing?
  • How he wrote six books in six years.
  • And more!

As his coaching business grew Jim considered hosting his own live events. It took his own coaches to help him have the courage to go for it.

Jim knew putting on events involved a lot of upfront costs: securing the hotel conference room, securing lodging for participants, hiring the caterer, etc. And that intimidated him. Doubts crept in: what if no one showed? What if he got on stage and forgot everything he’d ever learned and just blanked? What if the entire event was a bust?

By working with his personal coaches he overcame those fears. In fact he absolutely loved his first live event: he felt like he was doing exactly what he was meant to do. He loved it so much he continued to host those events and today he puts on two live events every year.

On the topic of who needs a coach and when Jim says everyone does. Anyone who is successful has a coach from professional athletes to millionaires and billionaires.

Jim recommends seeking a coach if you’re stuck, just starting out or want to grow to the next level. If you have a particular talent or skill you can probably easily turn that into a business, but if you want that business to be very profitable you’ll need help in certain areas where you don’t have skills and that is when a coach becomes critical.

Also on episode 339 of The Solopreneur Hour we discuss the plethora of coaches out there today and how to choose someone who knows what they’re doing as well as how to cultivate your most brilliant ideas. Tune in and enjoy this chat with our friend, the one and only Jim Palmer.

QUESTION OF THE DAY: What has a coach helped you overcome?  Let us know in the comments below!

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Selected Links and Resources From This Episode

rennch.com – a Porsche mechanic in your pocket

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Jim Palmer’s website
Dream Business Academy
Jim Palmer on Twitter
Decide by Jim Palmer
Blinkist: Cliff’s Notes for Entrepreneurship books
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The Solopreneur Hour on Instagram
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