Life Coaches help people in a variety of different ways.
Besides business and career goals, people want help achieving relationship goals, weight management goals, time management goals, family goals, retirement goals and more.
Bradley Thompson, President of the Advanced Life Coaching Institute, has worked in the coaching industry for over 20 years and says that today’s consumers are not looking for generic self-help books but rather personal one-on-one coaching.
People are literally willing to pay someone to give them a swift kick in the butt and keep them on track – whether it’s to lose weight, start a business, break a bad habit or build their self image. You don’t necessarily need to be an expert in any particular area of life as long as you have the ability to motivate people and get them to act.
If you are a good motivator and enjoy working with others – helping them achieve their goals, life coaching can be an extremely rewarding line of work. You can often develop deep relationships with people that last a lifetime.
The Advantages of Coaching from Home
The coaching industry has gone through tremendous growth recently. Many people, particularly women, have found that they can easily run their business from home, consulting clients either over the phone or through online video sessions. This not only provides an idea work environment for career mothers with young children, but it also gives them the opportunity to coach clients worldwide – not just in their local area.
Some coaches have expanded their services to include group coaching or mastermind events. This enables clients to receive one-on-one coaching that they are looking for – plus they can also meet like-minded people with whom they can network and grow.
Another benefit to becoming a life coach is that there is minimal start-up cost involved, and therefore minimal risk. By working from home and building your company through networking and referral marketing, you can almost eliminate the start-up costs for your business.
What To Do… and What Not To Do
Many coaches take this money saved and put it into training and credentials. This is what will set them head and shoulders above their competitors – and there is no shortage of competition in this quickly growing field. You also want to acquire enough skills and knowledge that you have the confidence to carry yourself so that you will attract clients.
On the flip side, there are lots of people who try to start a coaching business and fail. This is usually because they don’t take the time to differentiate themselves from the rest of the pack or they don’t invest in acquiring the knowledge they need (or both). This step is critical.
Take a class from someone who has owned his or her own coaching business, find a mentor who actively coaches in the field or enroll in a coaching program that gives you both the insight you need to be a coach and the knowledge necessary to run a business. Alternatively, you can invest in a start-up guide written by a coaching expert.
LIFE COACHING QUICK-START GUIDE
The FabJob Guide, Become a Life Coach, includes step-by-step instructions collected from coaching instructors and field professionals, including great confidence-builders like how to conduct a coaching session (sample questions included). If you want to start a life coaching business from home but you are on a budget, this can be a great help.
- How to choose a life coaching specialization and start your business for free
- Information on business plans and legal structure, finding business coaching software and sample coaching exercises
- How to market your coaching services, what to include in an information package and tips for preparing client contracts (Sample evaluations, worksheets, invoices and more)
- Other types of coaching you can get paid for, plus how to get junior coaches to work with you and what to pay