If you want to increase your life coach salary and income try a few of these ways to make money as a life coach. These are great business ideas you can implement right away.
Corporate Profile 47Billion Information Technology
16 Ways to Make Money as a Life Coach
1. 16 Ways to Make Money
as a Coach
By Coach Ayisha
www.coachtrainer.org
2. Provide 1-on-1 coaching services by coaching your
Clients once a week or 3 times a month. Help your
Client with their problem and assist them in
creating a plan of action each session.
www.coachtrainer.org
3. Conduct corporate training programs in many
areas such as stress management, time
management, customer service, health and
wellness, leadership, management coaching, and
more.
www.coachtrainer.org
4. Group coaching is coaching conducted with 2 or more people
simultaneously. It’s similar to 1-on-1 coaching, except it offers
group support.
Conduct a group coaching program based around your niche.
Help your Clients set goals and actions every session. Group
coaching programs can run for 1 – 6 months or longer. They meet
1-4 times a month.
www.coachtrainer.org
5. Be a consultant. Consulting is when you analyze
and give expert advice typically in a business
environment. This idea is great for business
coaches. Coaches can provide hourly consulting or
long term consulting services.
www.coachtrainer.org
6. Provide mentoring services or start a mentorship
program. Mentoring is a long term relationship in which an
experience person helps guide a less experience person in a
certain area of their life or career. Good examples of this
are career mentors, leadership mentors, and youth
mentors. Mentors work with participants one-on-one and
in a group setting.
www.coachtrainer.org
7. Create programs that will train others how to achieve
success in your area of expertise. For example teach
people how to discover their purpose in life, how to
start a business, how to become a millionaire, how to
lose weight, how to live the life of their dreams, and
more.
www.coachtrainer.org
8. You can conduct seminars and workshop once a
month, once a year, 4 times a year, it’s up to you. You
can charge $100 – $1000 (or more) for a seminar. You
can have 1 day, 2 day, 3 day seminars. Your options are
endless. Seminars should be very powerful, effective,
and will get your Clients super results.
www.coachtrainer.org
9. Teleseminars are very inexpensive to conduct, unlike
seminars and workshops. There is no need to rent space.
You can search for teleconference hosting service to hold
your teleseminars. Just like seminars you can conduct
teleseminars once a week, once a month, once a year, 4
times a year, it’s up to you. You can have 1 day, 2 day, 3 day
teleseminars as well.
www.coachtrainer.org
10. Make money offering training others how to achieve success through
webinars. Just like teleseminars, you do not need to rent space. You can
search for webinar hosting services to hold your webinars. You can also
record your webinars and play pre-recorded webinars. However ensure
you are available for live Q&A at the end of the webinar. You can
conduct webinars once a week, once a month, once a year, 4 times a
year, it’s up to you. You can have 1 day, 2 day, 3 day teleseminars as
well.
www.coachtrainer.org
11. Books are perfect products that will allow people to benefit
from your expertise. Write books and sell them
independently, on Amazon, Barnes and Nobles and other
marketplaces for books. Self-publishing has become easier.
For example Amazon has a great service called Create
Space. This service makes it easy to publish your book
independently.
www.coachtrainer.org
12. You can also turn your book into an Amazon Kindle,
Barnes and Noble Nook or similar type of e-reader and
sell it. You can also turn it into a PDF document and sell
it straight from your website. People can download
your books instantly and read them on their tablets,
PCs, cell phones, etc.
www.coachtrainer.org
13. An audio book is an audio recording of a book in
an abridged form. You can sell audio books on
independently, on Amazon, Barnes and Nobles,
and among many other marketplaces for books.
www.coachtrainer.org
14. Record your coaching program and upload it to
CDs or DVDs and sell it as a coaching program or
course.
www.coachtrainer.org
15. If you want to save money and allow people to
download your program instantly, you can package
your recordings and export to Mp3 or Mp4 format
and sell it as a digital coaching program.
www.coachtrainer.org
16. Package your audios and videos and create home study
programs. Create home study course programs that
will coach your client in a specific niche area. Home
Study programs are for those who cannot afford your
coaching services. Create a step by step program in
your niche that your Clients can follow to get results.
www.coachtrainer.org
17. Continuity programs are great recurring revenue models. Your
continuity program can be $9.99 month to $99 a month (or more).
Below are two types of continuity programs that are best for coaches.
Monthly Membership Program
With a monthly membership program you will provide new content
regularly to your members via a membership website. Members log in
and access new articles, audio, checklists, ebooks, discussion forum
posts, etc. You will need to continue to provide new content for your
returning members as well as to attract new members. Many members
retain their membership for a year or longer.
www.coachtrainer.org
18. Fixed-Term Membership
With a fixed-term membership you will provide new
content on a weekly basis to your members for a fixed
period of time. This model runs fairly seamlessly once all of
your program modules are written. If your topic isn’t one
that needs continual updating, you can create this once and
resell this again and again. You’ll keep your members only
for a limited time (3 months, 6 months, 12 months) You’ll
need to boost your marketing to continually replace
members for this program.
www.coachtrainer.org