Description

EPISODE 6

What Certifications/Training Do I Need Before Coaching Clients?

01: 14 - Certifications and Training Required to be a Financial Coach

02:00 - The Confusion Between Certifications and Licenses

04:59 - Financial Coaching Defined

06:00 - Different Laws/Rules Regarding Certifications and Licenses

07:10 - Being Careful with Insurance

08:21 - Being Careful with Taxes

09:02 - Being Careful with Anything Related to the Law

09:57 - Being Extra Careful with Investments

12:03 – Different Perspectives Within the Financial Coaching Industry

14:37 - Financial Coaching Doesn't Have Any Legal Certification Requirements

16:19 - Financial Coaches have an Obligation to Their Clients

18:10 - Understanding Your Blind Spots

22:51 - Certifications Will Help Build Your Business

25:02 - The Self-Selection Bias

28:40 - Continuing Education Will Make You Better at Your Profession

31:28 - It's About Building Your Knowledge and Trust

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• Deciding whether Financial Coaching is right for you? Join our free Facebook Community with over 5000 current and aspiring financial coaches! https://www.facebook.com/groups/financialcoachescommunity
• Already decided you’re going to be a Financial Coach and want to learn more? Get 30+ tips and best practices in our free 8-part email series! https://www.financialcoachesnetwork.com/pre-launch-email-series
• Ready to Launch your Financial Coaching business? Join FCN Launch, our step-by-step program that will help you successfully launch your business in four months and grow it to a consistent part-time income. https://www.financialcoachesnetwork.com/launch
• Are you already coaching clients and want to grow your business to a full-time income? Join FCN Grow, our program that helps you scale your business to a full-time income. https://www.financialcoachesnetwork.com/grow