Coaching Inc with Tom Krol
Are you a coach, consultant, or expert, struggling to generate consistent leads, make more sales, and earn more income? Are you tired of wasting your time on old and outdated marketing strategies that just don’t work? Do you spend hours and hours creating content that doesn’t attract paying clients let alone build an audience? Are you starting to think that building a coaching business just might not be for you? Well, if you answered YES to any of those questions, you’re in the right place. I’m Tom Krol the founder of Coaching Inc and host of this Podcast. I’ve helped thousands (yes thousands) of people achieve massive success and generate mountains of revenue using my proven methods. I don’t say this to brag, it’s just a fact and it’s part of why I launched this Podcast. I see too many incredible coaches struggling to make money in this business and it truly breaks my heart. Well that stops TODAY! I want to show you how to (finally) get paid what you’re worth and start generating the income you deserve. And I want to teach you how to do this without spending hours creating content that doesn’t work, and without doing webinars, seminars, or building complicated funnels. The goal of this podcast is let you peak behind the curtain of some of the most successful coaches in the industry, so you can emulate their strategies and tactics and start getting immediate results, putting revenue in first position. This podcast isn’t about theory and it’s not filled with a bunch of fluffy words to make you feel good. I’m putting these incredible business builders in the hot-seat and getting them to share all of their biggest secrets, bam! If what you’ve been doing isn’t working and you want to get to revenue fast, this podcast is for you. If you follow folks like Alex Hormozi, Ed Mylett, Andrew Huberman, Russell Brunson, and Tony Robbins, welcome home. Twice a week, you’ll discover the most current strategies and tactics that are getting results and making people money in today’s online environment. We’ll be covering everything from choosing the right niche, to pricing your programs and services, to generating more leads than you can handle, and how to convert those leads into real income, right now. It’s about taking massive, imperfect action and adopting a “progress not perfection” attitude. Think of this podcast as having a mentor in your back pocket. If you’re willing to join me on this great adventure, and you’re a go-giver who is willing to step outside your comfort zone and do the work, this podcast is your lifeline. Let’s charge Rhinos! BAM!
Coaching Inc with Tom Krol
CIP - S2 - 052 - The T-4 Freedom Formula – What Rich Coaches Know That You Don’t with Tom Krol
Most coaches think that making money equals understanding money. The truth? That’s the fastest way to lose it. The same financial mistakes that keep employees broke are quietly destroying entrepreneurs as well.
In this episode, Tom Krol pulls back the curtain on the exact wealth training he normally shares only with high-level private clients. He breaks down the T-4 Freedom Formula, an uncommon system that shows you how to build lasting wealth, protect yourself from the five biggest wealth killers, and finally stop trading income for freedom.
If you have ever felt like you’re making more but not really moving forward, this training will change the way you think about money forever.
You’ll Learn How To:
- Understand the real difference between success and wealth
- Stop “saving” and start investing the right way
- Apply the T-4 Freedom Formula (Taxes, Tithing, Table, Take) to your finances
- Avoid the five biggest traps that wipe out entrepreneurs (debt, taxes, legal, health, and divorce)
- Use the 50-20-20-5-5 rule to build generational wealth
What You’ll Learn in This Episode:
- (00:46) The hidden factor that takes more coaches out of the game than anything else
- (03:30) The $1,000 tip challenge that jumpstarts your financial journey
- (04:32) Success vs. wealth: why they are not the same thing
- (05:57) The real definition of success: getting closer to your ideal life and sleeping peacefully at night
- (07:10) Why wealthy people never trade a good night’s sleep for more money
- (08:15) What generational wealth really means
- (11:31) The rich invest while the poor just save and hustle
- (13:56) Assets and liabilities defined
- (15:17) The mindset shift from cash flow to net worth
- (15:58) Why selling assets is usually your biggest financial loss
- (16:32) The real driver of wealth: compound interest
- (17:30) Why being a good steward of money always leads to being trusted with more
- (19:53) The myth of passive income with rentals or Airbnbs
- (20:13) Why “do what you love” is terrible advice
- (21:06) Step one of T-4: Start measuring your net worth
- (22:37) The T-4 Freedom Formula explained (Taxes, Tithing, Table, Take)
- (23:27) Step 2: Stop saying “my money”
- (23:55) Step 3: The 6,000-year proven habit all wealthy people share
- (24:49) The “T4 Freedom” breakdown: the five wealth killers
- (25:20) Why playing games with the IRS will ruin you
- (26:42) Tithing as a principle for prosperity
- (27:53) The importance of “tabling” money instead of budgeting
- (29:10) The 50-20-20-5-5 wealth allocation rule and how to apply it
- (31:22) Why owning your real estate debt-free is the ultimate wealth move
- (34:45) Gold and Bitcoin as hedges, not investments
Who This Episode is For:
- Coaches who are making more money but still feel stuck financially
- Entrepreneurs who want to build wealth instead of just income
- Anyone who wants to protect their business and family from the five wealth killers
- Business owners ready to scale without risking it all
Why You Should Listen:
Income is great, but real freedom comes from wealth. Tom Krol’s T-4 Freedom Formula shows you the timeless financial principles that the wealthy live by, and how to apply them to your own business today.
Resources:
- Apply now for Coaching Inc.’s private mastermind at coachinginc.com
- Join us in Nashville on October 27–29 for the only room where 100 of the top coaches, consultants, and creators will be building a