 back to the channel. If you haven't yet, make sure you subscribe to stay up to date with all the latest content we put out. At this point, we've got success coaches in our program who are putting out content pretty much every 24 hours. So make sure you subscribe. Now, if you want to get in contact with me, there's two ways you can do that. Visit the description in this video. You'll be able to eva book a free 15 to 20 minute call with me where we jump on Zoom. I can answer some questions with regards to your business or you can send me an email to makemoneycoachingsportsatgmail.com. So today I want to talk about the pros and cons of CoachUp. Now a lot of coaches reach out to our company every single day and they talk to us about CoachUp. They ask us questions, is CoachUp good for my business? Should I be marketing myself on CoachUp? Should I be using the platform? And what I thought would be a good idea was to come on here and talk about CoachUp and give you the pros and cons on how it will either affect or benefit your your training business. Now if you don't know what CoachUp is because I know there's a lot of coaches who watch our channel from all around the world but CoachUp is mainly based in North America, the US, Canada and it's pretty much a platform where you sign up, you create a profile and you... well parents can log on and they can choose a trainer to work with in their local area. So it's a fantastic platform and a lot of coaches who join our program have come through CoachUp. So it's a great platform and it's one that if you use to your advantage it can benefit your business but having worked with coaches already I can see that there's a lot of pros and cons. So the first one is I'll go through the pros and what I see is beneficial to using a platform such as CoachUp. Number one, it's great at generating new leads for you because you simply as a coach you register onto the website, onto their platform, you create your profile and parents can look for you in their local area. So if you're based in Baltimore, Maryland and you're promoting your soccer training services, parents who are in that area can log in see what local coaches are around that do either one-on-one training and do small group training and they can book a session with you. So that's the first one, it can generate new leads and it can create business for you and your company. Second pro is it has a payment system already done for you. Something that I know a lot of coaches really struggle with when they first start a business is creating proper payment systems. So in our company what we do is we teach coaches how to create an online payment system where parents aren't paying you cash, they're paying for your service online. So CoachUp already provides that. They provide that and ultimately you don't have to worry about the payment system. Parents log in through their account, they book your service, they pay online and then CoachUp will pay you for the service. So you don't have to worry about any charges, you don't worry about dealing or talking about money with the client everything is done for you. The third one is CoachUp is a well-known company. So being a well-known company, being a well-known platform that ultimately means that that website or that company is generating a lot of traffic which means a lot of parents when they think of private training that might be the first place that they're going to look when they want to hire a private coach to work with their child. So being on CoachUp is a benefit because it's well-known within the training industry and parents are very familiar with that type of website and with that company. So being a well-known brand means that there's a lot of traffic and that can generate new leads for your company and for your business. Now let's move on to the cons of CoachUp. So we've talked about the benefits now there's three things I look at that when you use a service like CoachUp it can create a lot of cons, a lot of disadvantages to you and your company. Number one what CoachUp pretty much does is it compares you to other trainers in the local area. So when parents log in through their profile through their account what they can choose is the cheapest trainer in their local area. So you are going to be competing against all other trainers in your local area and most probably parents who are on there are going to be looking for the cheapest option. So if you aren't the cheapest option and you're very expensive then the likelihood you might not be able to get a lot of clients because parents will be looking ultimately for a cheap trainer. So that's one of the disadvantages of being on CoachUp and using the platform on there. You're being compared to other coaches on price not on quality and not on value that you add. Now the second disadvantage is that when you use CoachUp to gain new clients or to work with clients ultimately you pay CoachUp a commission. So CoachUp takes a commission from what parents pay you for your services. So ultimately what it is it's an administration fee that CoachUp keeps for you using their platform and for you getting new business. So ultimately if you were to do it privately and if you were to gain clients yourself that administrative fee wouldn't exist but if you do it through CoachUp CoachUp keeps a percentage of what you make. So ultimately you aren't getting the full amount that you are charging for your service. So that's a disadvantage because if you have a lot of clients that coming in through CoachUp the amount CoachUp are keeping becomes really high compared to what you will be making. If it's the odd client then the difference might not be so so much but if it's a lot then ultimately CoachUp is going to keep a lot of your income and your revenue. Now the third disadvantage I look at and this is something a lot coaches have asked me and also I've talked to coaches about is the inconsistency of clientele. So a lot of coaches sign up to the website CoachUp or the company thinking that that alone is going to generate consistent clients and consistent revenue. Now sometimes it does but you're going to go through stages where there's going to be inconsistency in clientele. So you might go through two, three, four weeks where no parent has booked you for your services. So relying solely on CoachUp is not beneficial to your business because you're not going to be getting consistent clients. So what would be more beneficial is for you as a business owner to go out there and market yourself. Either be an online, either be an in-person, either connecting with local organizations, just getting yourself out there on a consistent basis and you doing the marketing and promoting. A lot of coaches what they want to do is they want to just log into CoachUp, create a profile and just sit back and wait for people to come to them. That ultimately is a lazy way of doing business and in the long term it doesn't work because yes you might generate a couple of leads, you might get some business here and there but in the long term it's not going to be sustainable because CoachUp won't give you consistent clients. That is something that you have to go out, you have to go and promote, market and try to attract parents and clients into your program. So if you need more help, if you currently use CoachUp for your business and you're thinking to yourself do you know what I want to move away from this platform, I want to create my own brand, I want to create my own business, I want to be more self-efficient then connect with me. There's two ways you can do that. First way is book a free 15 to 20 minute call with me via Zoom. You can book it through my Canonly link in the description or you can send me a question to mainmoneycoachingsports.gmail.com. Thank you for watching and I'll see you on the next video.