#218: Tactical Tuesday: Maximize Time & Income with Group Coaching & Online Learning


OVERVIEW:

Jason A. Duprat, Entrepreneur, Healthcare Practitioner, and Host of the Healthcare Entrepreneur Academy podcast explains why he no longer provides one-on-one coaching or consulting. He highlights the advantages of transitioning to group coaching and creating online courses to help scale your business.  

EPISODE HIGHLIGHTS:

  • In late 2017 and early 2018, Jason offered one-on-one consulting for ketamine therapy to share his knowledge and pay it forward by helping others. 
  • One-on-one consulting is a good business model yet it requires a great deal of time and it’s not scalable.  
  • Entrepreneurs should create assets, something that puts money into your wallet or bank account consistently.
  • Do not trade your time for money – this is the opposite of creating an asset. 
  • Group coaching and online learning allow you to maximize your time while building assets because you get paid more per hour and you reach more people. 
  • If you’re just getting started in your business, Jason advises launching with one-on-one coaching to develop your craft and share stories. Once you master your craft, you can move to group coaching. 
  • If you have a business that’s 100% dependent on you and your ability to produce, you simply own your job. 
  • Give yourself credit for the accomplishments you’ve achieved and then help others achieve the same thing. 
  • Turn your superpower into a business that can generate $5-10k per month. For Jason, his side hustle in ketamine therapy blew up. He now offers three online courses – the Cash-Based Practice course, the Ketamine Infusion Therapy Program, and the IV Nutrient Therapy Program. The Ketamine and the IV programs generate more than six figures per month.  
  • Jason has a new course coming online – the Course Creator Academy. If you’re interested in being notified for enrollment, please reference the first link in the Resource section. 

3 KEY POINTS:

  1. You can charge more for one-on-one coaching, however, this model requires a great deal of time. If you continuously trade your time for money, the business you’re building is not a real asset.
  2. If you do group coaching and combine this with an online course, you’re paid substantially more for a fraction of your time.
  3. A services business is easy (and fun!) to get up and running. Structure it around your area of expertise and help other people achieve what you’ve already accomplished.

TWEETABLE QUOTES: 

“That’s what it boils down to… I didn’t want to continue trading my time for dollars, and I also wanted to create an asset and build a real business.” – Jason Duprat

“Once you start to train your mind to think like a business person… you’ll start to pinpoint all sorts of different areas of inefficiencies in your business… even your personal life…” – Jason Duprat

RESOURCES:

Course Creator Academy: https://jasonduprat.com/courses/

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