Want to become a life coach and quit your day job? Do it the smart way

It doesn’t take long to realize that you’ll have a hard time accumulating any significant wealth by working for someone else. Your check looks kind of puny after taxes take a big bite. Your expenses seem to grow in direct proportion to your salary. Your retirement fund… well, actually, you haven’t gotten around to funding it yet. You’ve also got to deal with all the other downsides of having a full-time job – a demanding boss, difficult co-workers, a bumper-to-bumper commute. It’s enough to make anyone dream of self-employment, like becoming a life coach. That dream leaves you with lots of questions – and if you don’t answer them wisely, you’ll find yourself crawling back to the world of employment. In all your years as an employee, you’ve developed some skills that you can use in your own business. It may take some creative thinking to nail down a business that matches your skills. One way to start narrowing the field is to make a list of your skills – list everything, including … [Read more...]

Using Networking To Build Your Life Coaching Business

Networking is an important aspect of building your life coaching business. Why? Think about it. Which do you believe more when you're looking for a service or product: the ads you see in the media, or a personal recommendation? Consider how often you recommend a store, a movie, or a book to a friend. How many times have you gone to a restaurant because someone you know had a fabulous meal there? We all do it, every day. Professional networking operates the same way, by word of mouth. You provide leads and referrals to other businesses, and they do the same for you. Everyone wins. So how do you become a successful networker? Here are some basic networking tips to help you build your practice once you become a life coach: 1. Join the local Chamber of Commerce, a networking group, or a civic association. After a few meetings, yours will be a familiar face and more and more people will begin to know you and your business. Volunteer to be a greeter at a group function. You'll … [Read more...]

Pros You Need To Know When You Become A Life Coach

One of the things that may attract you to the idea of becoming a life coach is that you can be your own boss working from home – no boss, no commute, no sitting behind a desk in a little cubicle. You’re your own boss. You say when the shop’s open. You say when you eat lunch, what you wear to work, when you get to take a vacation. You work for yourself – but don’t make the mistake of working by yourself, too. There are so many angles to cover in running a life coaching business that your head might spin just thinking about them: legal, accounting, finance, marketing, sales, bookkeeping, website development, copywriting, advertising, and personnel, just to name a few. Unless you’re a thousand years old, and hold advanced degrees in every one of these areas, you need a team. You see, the old saying about being a “jack of all trades, and master of none” holds true for business owners, too. With the internet, you could probably figure out how to do many of the tasks necessary in all of … [Read more...]

Tom Brady’s “Life Coach”

Although is official title is "Associate Athletic Director" and he doesn't actually call himself a "life coach," life coaching is definitely one of the roles that Greg Garden plays in his job. Check out this article that describes the impact that Greg's had on Tom Brady's career and hundreds of other lives. … [Read more...]

Public Speaking Tips for Life Coaches

If you are thinking about becoming a life coach, then you may want to start honing your public speaking skills, because it can be a very effective marketing strategy for life coaches. If you think about it, public speaking is a really weird thing. Look at it – you’re talking, in public. What on earth could be so hard, right? Yet many people are nervous, even afraid, of public speaking. Even big, tough professional football players get really nervous about this. Remember, these guys go out and get hit by other big, tough players who aim to hit hard and cause pain. The Carolina Panthers’ coach decided that each week, one of his star players should give a rousing pep talk to the team right before the game starts. One of the players was recently quoted saying that he was more nervous about the brief public speaking gig than he was about the whole game! What is it about public speaking that makes people want to faint, run away, or worse? It’s the spotlight factor – when you’re up … [Read more...]

7 Tips For Better Networking

When you become a life coach, you'll quickly realize that networking is a very important part of being a coach. While it's true that everyone networks to one degree or another, some people are much better at it because they understand the right way to network. They know how to make themselves stand out from the crowd and how to make the most of their networking opportunities. Here are 7 simple, practical networking tips for life coaches: 1. Target the individuals who best suit your needs The goal of networking is not to amass as many business cards as possible. Instead, your goal should be to connect with those people who are in the position to truly aid you in your life coaching business. To put it bluntly, networking with individuals who won’t ultimately provide you with valuable leads (either client leads or partner leads) is a waste of your time. Spend your time building relationships with individuals to whom you can offer opportunities and who will, in turn, offer you … [Read more...]

Life Coach Working From Home

Many people dream about being able to work from home. They think about the advantages of eliminating commute time, saving money on gas, and being available to better meet family needs. One of the big advantages of becoming a life coach is all the flexibility it provides in terms of working hours and location. What most people don't stop to consider, though, are the challenges of working from home. These include a sense of isolation, fewer chances to interact with others, distractions such as children or pets, and the importance of maintaining a structured schedule. There are some things you should consider carefully before you become a life coach and rush right in to making the change to work from home. You need to find out – do you have what it takes to work from home? Physical Requirements to Work from Home There are some basic physical requirements needed to work from home. Your needs will vary somewhat depending on your profession (an architect needs a lot of drawing … [Read more...]

5 Qualities of a Great Life Coach

Many of us are just called to coaching. But others are still trying to figure out if coaching will be a good fit for them. Many coaches have an eerie way of seeing other peoples perspectives and being able to help facilitate action and clarity in others. After being a life coach, and working with other coaches for many years now, I’ve noticed some common traits that are pretty universal among the best life coaches out there. See if any of these qualities seem to fit you: Empathy Great Listener Insight Experience Authenticity Let me briefly discuss each one. 1) Empathy - Empathy is the ability to share someone’s experience without having gone through the experience yourself. Someone who doesn’t have much empathy doesn’t communicate or connect very well with people. As a coach, it’s a huge asset to be able to empathize with your client even if you haven't experienced exactly what they are going through personally. 2) Great Listener - Listening is foundational to … [Read more...]

7 Ways Life Coaches Help Their Clients

If you are considering becoming a life coach, you may be wondering exactly what benefits coaching provides to potential clients. Here are 7 ways that life coaching helps clients: 1) Attentive Listening - Believe it or not, one of the most profound ways in which you can help clients as a life coach is by listening attentively and emphatically to what the client is saying. Human beings have a deep need to feel understood. We want others to acknowledge our experience and what we are going through. By offering a sympathetic and attentive ear, you allow your clients to express their thoughts, feelings, wants and desires. As a coach, this is very easy to do, but it's also extremely valuable to clients, because by verbalizing and talking about their thinking, they become much more aware of it in ways they may never have been before. As you listen to the client, you can help them continue to explore these ideas from different perspectives that they may not have even have considered … [Read more...]

Ten Great Reasons To Become A Life Coach

If you are considering becoming a life coach, but you are not quite sure if it's the right move for you, here are ten great reasons to become a life coach. Coaching is a growing industry - More and more people are becoming aware of and recognizing the value of personal and professional life coaching. There is still room to grow - Having said that, there is still plenty of room for the coaching industry to grow. It's not a saturated field. You can work from home - Although some coaches meet face-to-face with clients, many life coaches work from home using telephone-based coaching. It's convenient for both you and your clients. You can earn a good income - In general, good coaches are very well paid. And as you become a better coach and specialize in a specific niche, you can often increase your rates substantially. Very flexible working hours - You have a lot of control over when you meet with clients, when you work on marketing and practice building and when you handle … [Read more...]