Episode 075 – Steps To Build A $1 Million Coaching Business In 2025

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Note: This blog post serves as an accompaniment to the corresponding podcast episode of A Changed Mind, where we’ll distill down the core ideas of this week’s theme, along with additional distinctions and insights. If you haven’t listened to the episode yet, you can go here to do so.  Enjoy.

In this episode, David Bayer shares a detailed roadmap on how he would start, grow, and scale a coaching business from scratch, revealing 16 specific steps.

David’s coaching business grew from $170,000 in the first year to over $30 million in seven years, and he discusses the strategies that made this possible.

He emphasizes the importance of identifying one’s strengths, mastering the craft continuously, and understanding the target market.

David also explains how critical it is to enroll clients one-on-one before transitioning to group coaching or creating digital products.

He shares insights on how he moved from charging small fees to landing high-ticket clients, scaling his offerings through group coaching programs and live events, and even generating $1 million in a single weekend.

The strategies he lays out are relevant not only for coaches but for various types of service-based businesses.

His journey includes leveraging presentations, investing in speaking opportunities, and eventually hosting events that led to major financial success.

The episode concludes with an invitation to apply these steps for building a purpose-driven, profitable coaching business.