How I earn 6 figures online as an international business coach (and how you can too)

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Jacob AldridgeFrom Brisbane, Australia

International Business Advisor, Speaker & Author at JacobAldridge.com


Business Model: Freelance$14,000+monthly revenue$10,000+monthly profitAll info self-reported by intervieweePublished February 6, 2020Reviewed and edited by Rita Epps



Who are you and how do you make money online?



I’m Jacob Aldridge. I’m an international business advisor, keynote speaker, Guinness World Record holder, published author, TV show host, start-up investor, loving father, and an amazing husband. 





Crunch Accounting in the UK called me “the ultimate remote worker”. I’m also really modest.





My primary income is Business Coaching & Advisory.





I work directly with business owners, usually 1-on-1 via Zoom, when they find themselves stuck and need a trusted advisor who understands all the different aspects of the business (Wealth, Growth, Revenue, Productivity) in a practical way. 





My business model isn’t unique, but in a world where the average business coach lasts less than three years…





…I’ve been doing this successfully since 2006 and actually still work with my first ever client.





So I practice what I preach, including having my own coach, and offer clients a comprehensive business methodology from Start-Up to Sell-Up. 





Last year I earned just over $200,000 AUS, which is all Gross Profit and works out at about $10,000 per month after expenses and taxes.





That was working part-time because we had our first baby and visited 21 different countries.





(All the figures I’m sharing are in Australian Dollars, since that’s where I pay my taxes. It basically converts 1:1 into US Dollars – the exchange rate is weak right now, but when I’ve worked in the US or with US peers we charge the same number of USD as we do AUD and the market accepts that.)





What does a typical workday look like for you?



My business is online, and our lifestyle is semi-nomadic (we’re working on that).





Most of my dollar-productive activity is in face-to-face conversations with my clients. These are usually done through Zoom wherever I am in the world.





I also aim to spend some time each year near my larger clients in Australia and the UK so they receive some in-person love. And I speak at many conferences each year, so my income isn’t totally online (but could be).





Jacob delivering a Conference Keynote Presentation.



I like to book my client sessions in the mornings. I’m a slow-paced “Maker”, so afternoon meetings mess with my energy.





I’ll either have meetings all day, or aim to have them only before lunchtime. Time-zones mess with this, as I have clients around the world so often end up with early evening calls as well.





I love working evenings, but on my more creative endeavors – whether that’s writing blogs or preparing strategic recommendations.





Afternoons are for Admin or Business Development activity.





I aim to keep a few days every month clear from any phone calls so I can work on my strategic priorities.





Lately, that’s been finalizing The Start-up Business Guide which went on sale this January.









Next week I do the test recordings for a co-hosted podcast on experiencing IVF from the man’s side.





Before I went location-independent, my average client was larger and I would normally spend a half-day or a full-day in their office, designing strategy with the leadership team.





That’s hard to do remotely, so now most of my clients are 1-on-1 or 1-on-2 with the business owners, CEO, or key individuals. Less contact = smaller fees = more clients, or at least more meetings each month.





It’s not ideal for me, but it’s a trade-off for the travel.





The biggest shift in the past year hasn’t been truly taking the business “on the road” to try the Digital Nomad life…it was welcoming our first child.





And to be honest, I’m still learning the new routines and how work will fit into the new normal. For instance, a lot of my ‘Afternoon’ tasks have been shifted to ‘After Bed’ tasks, which probably isn’t sustainable.





There’s no doubt I would be earning more money if I was based in one location.





Some clients want me in-person only, and some services I offer – like the leadership teamwork or off-site Retreat facilitation – can’t be done properly online.





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Published on February 06, 2020 00:32
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