Life coaching is an extremely satisfying job. Helping people to fulfil their potential and find lasting happiness has got to be one of the most useful occupations in the world - and you can do it, if you want to, from the comfort of your own home. If this sounds attractive to you, you should look into becoming a life coach.
Setting up as a life coach is not difficult. As it stands, the law does not require you to have any qualifications. Anybody can put up a plaque and start practising as a life coach, if they can find the clients.
However, this is clearly not the best way, for you or for your clients. Coaching people to overcome their fears and achieve their ambitions may appear to be a relatively simple task but actually it takes great expertise to do it successfully. You have to learn to look beneath the surface of what the client presents to you, in order to find their hidden insecurities and hang-ups. A life coach is not just a sounding-board or a cheer-leader; he/she is a skilled professional. You may know a lot about life but it doesn't automatically follow that you will be able to coach somebody else to excel at it.
There is a wide range of courses available to teach you how to be an effective life coach and, if you shop around, you should be able to find one that fits in with your timetable and budget. It doesn't have to be a full-blown qualification but some training is definitely worth the investment.
Alongside the training, something else that will benefit you enormously is to have some life coaching yourself. If you really want to be a life coach, you coach will keep you focused and help you to maintain your enthusiasm through the first few months. Also, watching an experienced coach in action will give you a clearer idea of how the process works.
It is true that most successful life coaches charge substantial fees. The overheads are low and, yes, life coaching can be very profitable. However, if you are mainly interested in making money, look elsewhere for a job because life coaching is founded on genuine concern for the clients.
You should also bear in mind that you are, of course, paid only when you are specifically working and it may take a while to build up enough clients that you can live on your coaching earnings. If you are thinking of giving up a job in order to become a life coach, see if you can just cut down to part-time until you get the life coaching business off the ground.
Life coaching, as a recognised job, has been around for a good twenty years but it is still very much a growth industry. More and more people are realising what life coaching can do for them and there is plenty of work out there for coaches. On the other hand, there are also more and more life coaches. If you want to become a coach, don't delay!
Being a life coach can be very hard work but it can also be immensely rewarding. If you think life coaching might be the job for you, go out and make it happen!
If you are like most people who are thinking about being a life coach, then you are not doing it for the money. You want to help make this world a better place and that is awesome. However, money is a natural part of being able to help more people with your business and life coaching can be a great way to create multiple streams of income. You don't have to put into action all the income streams I mention. These are just to give you an idea of the versatility of this field, and let you know in what ways you can make money as a Life Coach.
Experienced coaches will tell you that personal coaching makes up just 25% of their earnings. This means that 75% of their income is derived from other sources. Keep this in mind as you set off on your Life Coaching business. Here are some popular money-making techniques in Life Coaching.
* One-to-one personal coaching, by month - Through emails, over the phone and even face-to-face.
* One-to-one executive/ business coaching - The returns for these are a lot higher than personal coaching. This one is BIG MONEY!
* Group coaching, by month - This is a classroom environment with nearly 10-30 people attending. You can easily charge $100 for 3 hours. You do the math.
* Tele-classes - This is a group coaching class taking place over telephone. You can use a conference phone and chat with any number of people at a time.
* License your program/ IP (Intellectual Property) - If you are a natural at coming up with new ideas, why don't you just think up your own products and services and sell it to people?
* Mentor other coaches. Well, this is for someone who is an established coach and has a certain amount of name and fame in the coaching industry. You can make a lot of money by training and mentoring other coaches.
* Deliver keynotes/ speeches. You could either get paid for this or use this opportunity to build new contacts and spread the word around about you and the Life Coaching industry. You are sure to pick up new business from every speech or address you give.
* Sell/ Offer assessments. You can sell or offer assessments just like MYERS BRIGGS or SDI online.
* Write/ sell an ebook. This one gives you passive revenue. Choose a topic people want, write an ebook and sell it on the net.
* Conduct local seminars/ workshops. Book a conference hall in a hotel or a lecture hall in your local college or school and run a seminar.
* Set up a specialty training company or program. Training is a very lucrative field. Set up some specialty training programs and make money!
* Start a new company. Start an unrelated company and implement all that you learned as a coach. Turn this into a money-making project.
* Set up a portal/ membership site. Make money even while you are asleep!
Here are even more methods you can use to send your profits through the roof:
* Create and sell audiotapes or CDs * Start a coaching school * Keep your newsletter open to other's ads * Take up the role of a resident expert to other coaches in your area of expertise. Provide them with training. Don't forget to charge a fee for your advice and training. * Act as a coach to those from your previous or present industry * Get a slot to host a television or radio show * Work for a larger coaching organization or coach * Become a vendor or service provider for the coaching industry * Create an affiliate program for your products or services * Become an affiliate and sell items from your site (including Amazon, software, etc.) * Do some column-writing for a newspaper or magazine * Write a paid newsletter or a webzine * Teach a webinar type course * Write or sell an e-course * Create software * Build Joint Ventures with other coaches * Write articles
Both Georgina Kirk & Craig Miller are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Georgina Kirk has sinced written about articles on various topics from Web Development, Self Improvement and Motivation. For more details about how you can , visit our website, which cabouttains loads of useful. Georgina Kirk's top article generates over 4400 views. to your Favourites.
Craig Miller has sinced written about articles on various topics from Web Development, self improvement and motivation and Web Development. Craig Miller is known as the Cake Coach, and he helps coaches learn how to have their cake and eat it too. If you want to accelerate your coaching business, then check out