Can You Really Make Money as a Professional Life Coach?

What is Professional Life Coaching About, Exactly?


Life coaching is a professional job, but can you really make good money as a professional life coach? When hard pressed to define their career, life coaches go to great pains to distinguish themselves from therapists, counselors, mentors, and advisors.

Granted, all these professions have different accreditation, but they are mostly similar in their goal of helping clients to overcome various obstacles in life.

The distinguishing factor about life coaching is that it deals with a specific issue as opposed to taking on a general approach.

Additionally, life coaching tackles current problems and not anything lodged in the past. This is important to note irrespective of whether you are looking to be one or hire one.

Do I Recommend Professional Life Coaching as a Job?


I do. Life coaching has been around since the late 80s, but it has just recently caught on as an actual career. Right now, life coaching is all the rage as the go-to program to tackle short-term goals.

More people realize the value of hiring a professional to guide them through life’s major decisions and transitions.

The job market for a life coach has grown exponentially in the past decade. So, if you are looking to become a life coach, there’s no time like the present.

 

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What are the Different Professional Life Coaching Careers?


One of the essential decisions in becoming a life coach is choosing your area of expertise. There are many different types of life coaches.

Deciding the kind of life coach to become should center on your skills and passion for avoiding the risk of getting bored down the line.

You could become a career coach, business coach, personal coach, executive coach, health, and wellness coach, or relationship coach just to mention a few.

Career coaches help clients navigate the challenges presented by a career. These include choosing the right job, getting promoted, breaking the glass ceiling, and making more money among others.

A business coach assists the client to tackle issues like starting a business, growing the business, creating ground-breaking strategies for success, and making ideal business decisions just to mention a few.

Personal coaches have a broad portfolio of issues that they deal with including navigating crucial life transitions, raising self-awareness and confidence, balancing life and career, getting out of a rut, better management of time, and identifying your real passion.

Executive life coaches specialize in top management executives. They train on leadership skills, optimization of managerial skills, communicating powerfully and efficiently, and the art of delegation.

Health and wellness life coaches are great for athletes and clients who have body goals.

They assist in maintaining a healthy lifestyle and exercise regimen with specific goals in mind. A relationship coach deals with both personal and business relationships.

Clients are taught how to choose the right partner in a romantic or business relationship, how to balance their career and love life, how to manage crucial life transitions, and how to build phenomenal relations among others.

 

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Top Life Coaching Certification Programs

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1
Business Coaching Certification
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2
Royalty Free Coaching Products
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3
Become a Certified Life Optimization Coach
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Become a Money Making Life Coach
 http://lifecoachingcertified.com
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Certified Relationship Coaching Program
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Weight Loss Coaching Program
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Certified Self-Confidence Elevation Coach
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Become a Certified Self-Esteem Coach for Children
http://highselfesteemkids.com

 

How to Become Certified Business Coach  | YouTube

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Is Professional Life Coaching a Good Business Opportunity?


Life coaching is an excellent business opportunity as long as you do your homework. If you choose to go into life coaching, it is imperative to select the right program.

Numerous institutions are purporting to teach life coaching skills. Be sure to attend a program that is certified by the International Coach Federation (ICF).

The ICF is a global coaching organization that offers Accredited Coach Training Programs (ACTP) for all the different life coaching careers.

As long as you study at an accredited institution and later become a certified life coach yourself, the potential to become successful is unlimited.

What I Like About Being A Professional Life Coach


  • Being a life coach is a great way to pursue your passion and create a living out of it. If your love is working with people, life coaching will offer the opportunity to interact with different people while providing guidance and improving their lives.
  • A life coach can work from anywhere and at any time. There are no claustrophobic cubicles and eight to five restrictions.
  • Life coaches earn a tidy sum. The better you get at your job, the higher you can charge for your services.
  • The life coaching programs can be done on the phone or video chat. You seldom have to show up in person for anything.
  • Learning to be a life coach ultimately leads to insights into yourself. This self-awareness is paramount to not only improving other people’s lives but your own as well.

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Issues With Becoming A Professional Life Coaching


  • Building a client base is challenging especially when you are new on the market.
  • The tuition for Life coaching training programs is expensive.
  • You can never have 100% customer satisfaction because there will always be clients who don’t take instructions well.
  • You have to cultivate a lot of patience, empathy, and compassion for your clients and be ready to listen and guide them despite the on-goings in your own life.

Who Can Become A Professional Life Coach For?


A life coach is a professional whose job is to guide, empower and address specific obstacles in a person’s life.

Life coaches are hired by a broad spectrum of people ranging from professional athletes to marketing executives depending on their field of expertise.

Life coaching uses a combination of questioning techniques and thought-triggering discussions to provoke creativity and perspective-challenging ideas.

Additionally, a life coach provides strategies for staying focused and accountable for your success. Ultimately, a life coach will guide you to achieve way beyond your potential in record time.

 

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How to Make Money As A Professional Life Coaching


Life coaching as a career is proving to be among the top paid jobs. A life coach can earn from $100,000 to over $500,000 per year depending on their field of expertise. Ordinarily, a single phone session with a life coach costs approximately $500.  High-end life coaches charge up to $2,500 per session.

A life coach calls the client 3-4 times a month while a coaching program can last anywhere from 1 to 6 months. Therefore, a life coach can earn between $1500 and $10,000 per month from a single client.

As for the life coaching training programs, a class in life coaching is not cheap either. Depending on the institution you choose, a course can cost from $5,000 to $50,000. Whichever way you look at it, there is a lot of money to be had in life coaching.

To start earning as a life coach, it is imperative that the ICF accredits you. Depending on the type of life coach you are, your rates should reflect the current market rates. Tentatively, set them a bit lower as a way to build a client base.

Create a website to make yourself more accessible to clients and build an online presence on social media platforms to market your services.

Attend life coaching events to meet face-to-face with clients or consider hosting an open-day where potential clients can have their questions answered.

Building a client base is the most challenging task of becoming a life coach but one that must be accomplished. Once you have your list, rest assured the money will roll in.

My Final Opinion on Becoming A Professional Life Coach


What do you think of becoming a professional life coach? Do you think now that you can make enough good money becoming a life coach? To me, life coaching is still a budding profession.

Health, fitness and business coaches have been around much longer than the rest of the other life coaching careers.

Personal life coaching began about a decade ago, but it has grown in popularity surpassing all the other newer life to coach careers. With any luck, life coaching will go mainstream and become tantamount to therapy and counseling.

Are you a life coach professional? Do you have any question or contribution? Kindly drop your comment and contribution in my comment area below.health wellness coach certification

2 thoughts on “Can You Really Make Money as a Professional Life Coach?

  1. I have always felt that life coaching was undervalued as a career. You have enlightened me.
    It is amazing how many people are somewhat lost in their lives and could do with a helping hand in finding a new direction. This could be in work or private life or even, both.
    I certainly believe I could have benefitted from some Life Coaching in my past, before there was such a thing as life-coaching.
    Thanks John, you have inspired me to look at life coaching again as a viable future.

    • Hi HappyB, 

      You are welcome to our webpage. I hope you will come again. I always drop a comment when ever you do.

      A wiseman said that when ever you want to become a champion on anything, then you must be ready to employ a coach. A life coach help us to learn from a professional in the process we will become one and a champion. 

      Regards 

      John

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