Do life coaches make money?

Life coaching is a growing field with many opportunities. What is the difference between a life coach, a business coach and an executive coach? Sherpa's definition of an executive coach is someone who coaches executives on behavioral issues, which basically means that an executive coach is a life coach for executives. Start your own coach training school, train and certify people to become coaches Coaching other coaches is undoubtedly the most lucrative way to make money as a coach. You can include it as part of your training or offer it as a separate program.

You can certify life coaches or in other specializations. Check out our program on how to start your own coach training school. I have earned hundreds and hundreds of thousands of dollars with just one* of my group career counseling programs. So keep giving this message strongly because it is the one that will work for those who want to earn money training.

I can see the possibility of being a serious business person with years of work experience training another person or a dietitian who helps people transform their eating habits, but this industry is asking for a lot of money out of the pocket of someone with no background in psychology. Selling essential oils to your best friend doesn't exactly translate into selling your training packs to a stranger on the Internet. You probably know at least one person who has proclaimed themselves a life coach and then received crickets in response. And the quickest and most effective way to reach more clients and generate passive income is to take your coaching services online.

In short, I'm currently thinking that I should focus on hiring coaches first and then, seeing them work, I can decide if it's really for me and benefit from the connections made. Because there are many factors that affect your rates, there is no fixed price you should charge for your life coaching. People seeking training may also have depression, anxiety, bipolar disorder, PTSD, and a variety of other mental and physical challenges. JRNI found that coaches typically spend 40% of their time marketing versus 20% of their time on billable training sessions.

But what makes those coaches work is that they've chosen a very specific niche and haven't been afraid to build a brand around a very specific problem. If you want coaching to work like a company, you need to incorporate all your other knowledge, experience and skills, and use ESO to drive your business forward. And, I fully understand where all life coaches come from and why they think it should be quite easy to build your new coaching business.