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...]

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...]

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...]

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...]

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...]

Steps In Becoming A Life Coach

OK, so you're thinking about becoming a life coach and wondering if it's the right career choice for you. You may be asking yourself, what now? In this overview, I'm going to give you a very high level overview of the steps involved to become a life coach. We'll take a closer look at each step in future articles. 1) Decide if you want to become a life coach. Like any other career move, becoming a life coach will involve training, developing and practicing new skills, and learning everything it takes to be a good coach. Since it can be a big commitment in terms of the time, effort and money involved, you probably want to do some research before you decide if it's the right move for you. Here are a couple of things you can do: Sign up for some coaching - One of the best ways to decide if coaching is for you is to experience it yourself. Many life coaches offer free consultations and would be happy to help you. A month of coaching should give you a very good idea if you want … [Read more...]