Training Session2024-05-15

Using “Risk Reversal” to Get More Clients & Become A Better Coach

Eben Pagan teaches coaches how to use risk reversal guarantees to attract more clients and build confidence in their services. He explains why most coaches resist offering guarantees and provides specific frameworks for implementing money-back guarantees that reduce client risk while improving coach performance.

coaching packagescoaching sessionsclient conversionhigh-ticket coachingrisk reversalabsolutist thinkinganalysis paralysis

Key Moments

Relevant Clips19

  • How-To

    How to Structure a Risk Reversal Guarantee for Coaches -- A framework for creating guarantees that reduce client risk while protecting the coach

  • Teaching5:57

    Risk Reversal Guarantees With Specific Conditions Get More Clients

    Coaches can offer risk reversal guarantees by promising specific results with clear conditions, like guaranteeing a client will launch their business in 3 months if they show up for sessions and take weekly action, with a money-back guarantee if conditions are met but results aren't achieved.

  • Teaching

    Why Coaches Resist Guarantees and Slip Into Paralysis

    Coaches resist guarantees because they think in absolute terms and focus on what could go wrong rather than client perspective. They worry about factors outside their control like client attendance or effort, doing risk assessment that leads to paralysis.

  • Teaching

    How Guarantees Create Accountability and Better Coaching

    Guarantees force coaches to perform better because they have skin in the game and must deliver results to avoid refunds. The accountability pressure makes coaches show up with higher standards and focus on getting clients results.

  • Teaching

    Why Guarantees Generate More Revenue Than They Cost

    No, occasional refund requests are more than compensated by the increased business generated from offering risk reversal guarantees. The additional clients gained outweigh the occasional refunds given.

  • Teaching

    Two Risk Reversal Models — Upfront Guarantee vs Post-Delivery Pay

    The first model is charging upfront with a money-back guarantee if clients aren't satisfied. The second model is billing after service delivery, where clients only pay if they feel they received value.

  • Teaching

    Failure Avoidance Without Action Leads to Paralysis

    Success comes from avoiding failure while taking action, but constant failure avoidance leads to paralysis in business building

  • Teaching

    Why Coaches Resist Guarantees and Why They Shouldn't

    Coaches resist guarantees because they focus on absolutist thinking rather than client perspective and risk management

  • Teaching7:56

    Two Coaching Guarantee Payment Models Compared

    Two payment guarantee models: pay upfront with money-back guarantee vs. bill after service with pay-only-if-satisfied

  • Teaching6:58

    Writing Guarantees from the Insecure Buyer's Perspective

    Structure guarantees from the client's perspective who is spending $2,000 and feeling insecure about the investment

  • Teaching

    Risk Reversal Guarantees to Overcome Client Hesitation

    Use risk reversal guarantees to overcome client hesitation by guaranteeing specific results with clear conditions

  • Teaching9:02

    How Risk Reversal Guarantees Increase Net Revenue

    Occasional refund requests are compensated by increased business from offering risk reversal guarantees

Show 7 more
  • Teaching

    Guarantees Reduce Prospect Risk and Fear of Commitment

    Guarantees comfort insecure prospects and reduce perceived risk rather than create legal obligations

  • Teaching

    How Guarantees Create Coach Accountability

    Guarantees improve coach performance by creating accountability pressure to deliver results

  • Teaching

    Guarantees as Conditional Refund Agreements

    Guarantees are conditional agreements for refunds, not absolute promises carved in stone

  • Quotable8:22

    Comforting the Insecure Prospect with a Guarantee

    the point with a guarantee is not it's not about the guarantee it's about comforting the person who they're insecure and they don't know how all this works

  • Quotable3:51

    How Fear of What Could Go Wrong Paralyzes Progress

    if you're always looking around at what could go wrong you're going to just be paralyzed you will literally be stopped at every possible step

  • Quotable9:18

    How Skin-in-the-Game Raises Coach Performance

    it causes you to show up better when you know that you got to perform it makes you show up and be like all right I got to get this done

  • Quotable4:49

    What a Guarantee Really Means to a Prospect

    the guarantee isn't signing your name somewhere in stone in reality saying this thing is going to happen

Entities Touched

Canonical Teachings

Summary

Understanding Risk Reversal Guarantees for Coaches

Eben introduces the concept of risk reversal guarantees as a way for coaches to attract more clients by reducing perceived risk. He explains that coaches can guarantee specific results like business launches or weight loss, but most coaches resist this approach due to concerns about client behavior and external factors.

Why Coaches Avoid Guarantees and How This Hurts Their Business

Many coaches think in absolute terms and focus on failure scenarios rather than client perspective. This leads to paralysis where coaches avoid taking calculated risks, similar to airplane safety protocols that prevent crashes but can hinder business growth when applied excessively.

How to Structure Effective Coaching Guarantees

Guarantees should be conditional agreements with clear requirements for clients, not absolute promises. Examples include guaranteeing business launches with conditions like session attendance and weekly action-taking, offering refunds or continued coaching if results aren't achieved despite meeting conditions.

The Business Benefits of Offering Guarantees

Risk reversal guarantees comfort insecure prospects and reduce perceived risk, leading to increased sales that more than compensate for occasional refunds. Additionally, guarantees create accountability pressure that improves coach performance and client results.

Using “Risk Reversal” to Get More Clients & Become A Better Coach
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Counterpoint

Claim:Coaches can't guarantee results because outcomes depend on client behavior and external factors

Reframe: Guarantees are conditional refund agreements that reduce client risk while improving coach accountability, not absolute promises

Example framework: guarantee business launch in 3 months with conditions of showing up, taking weekly action, and implementing advice - if client meets conditions but doesn't get result, they get refund or continued coaching

Claim:Business success comes from avoiding all possible failures and risks

Reframe: Constant failure avoidance creates paralysis - you need to take calculated risks while learning from mistakes

Airplane analogy: every safety checklist item exists because of past crashes, but applying this 'avoid all failure' mindset to new coaching businesses creates 100 imaginary reasons not to act

Claim:Guarantees create legal liability and absolute responsibility for client outcomes

Reframe: Guarantees are marketing tools to comfort insecure prospects, not binding contracts for specific results

The purpose is 'comforting the person who's insecure and doesn't know you very well' rather than creating legal obligations - it's about reducing perceived risk

Topics

Coaching Strategies

Business Frameworks

risk reversal

Common Mistakes

absolutist thinkinganalysis paralysis