Is a Life Coach a Legitimate Career?
A life coach is a professional who helps people achieve their goals and reach their potential. As a multi-billion-dollar industry, coaches earn an average of about $61,000 per year in the U.S. Coaching differs from therapy in focusing more on setting and achieving goals rather than treating mental health conditions.
- You can build a coaching career within an HR department or executive organizational development team.
- Coaching is a legitimate, profitable and rewarding profession.
- Types of coaching include leadership, financial, and mental health.
The life coaching industry continues to grow globally. Coaches help clients develop personal relationships, careers, and other areas.
Can You Really Make Money as a Life Coach?
A life coach is a professional who helps people achieve their goals and reach their potential.
- Most coaches work for themselves, opening their own practices.
- The life coaching industry continues to grow globally.
- Coaching can supplement income.
Coaches help clients develop personal relationships, careers, and other areas. Types of coaching include leadership, financial, and mental health.
- Coaches need knowledge, skills, and abilities to excel in this profession.
- Coaching and personal coaching are similar – both are based on helping people fulfill their potential.
As a multi-billion-dollar industry, coaches earn an average of about $61,000 per year in the U.S. Global revenue hit $2.8 billion in 2019.
- Average U.S. income is $30,000-$40,000.
- Only 10%-20% make six-figures.
- Overall range is $100-$300 per hour.
- Clients won’t simply fall into your lap.
- Most coaches charge $200-$1000 monthly for 30-60 minute calls 3-4 times a month.
- Executive coaches charge more, typically working 2 hours a month.