Who else would love to earn $100 an hour online? Are you sick and
tired of chasing the right products, programs, gadgets, gimmicks and
"gurus" and simply want to do what you LOVE for a living? The truth is,
the absolute best way to turn your life purpose into perpetual piles of
profit is to coach, teach or train other people in a niche, market or
industry that you excel.
Filed Under: How much do coaches make?
According to most industry metrics, the average full time coach earns well over $100 an hour. Even if you look at independently published papers and articles on the coaching industry, middle of the road coaches still earn over 6 figures a year.
The highest paid coaches?
According to most published studies, business coaches and those who focus on entrepreneurial teaching and training are the highest earners... with fees typically running $300 an hour or above.
Life coaching is generally thought of as the LEAST profitable niche, with average earnings estimated to run from about $100 an hour to $160 an hour, depending on which study you reference.
The best part about the coaching niche is NOT the money.
It's the feeling of personal satisfaction that comes with helping people achieve or overcome in an area of life you have experience or expertise. Even coaches who struggle financially (and there are those that do) still tend to LOVE what they do for a living... and couldn't imagine switching careers.
The secret to earning great money as a coach?
First, pick a niche within the niche. Even if you really want to generalized life coaching, segmenting how you sell yourself to a very specific audience will allow you to stand out, and charge more as well.
For example, most business coaches end up doing a lot of generalized life coaching as well! But, because they are "specialists", and focus on a very lucrative market, the pay scale is much better.
Next, break your business down to 6 simple steps.
Filed Under: How much do coaches make?
According to most industry metrics, the average full time coach earns well over $100 an hour. Even if you look at independently published papers and articles on the coaching industry, middle of the road coaches still earn over 6 figures a year.
The highest paid coaches?
According to most published studies, business coaches and those who focus on entrepreneurial teaching and training are the highest earners... with fees typically running $300 an hour or above.
Life coaching is generally thought of as the LEAST profitable niche, with average earnings estimated to run from about $100 an hour to $160 an hour, depending on which study you reference.
The best part about the coaching niche is NOT the money.
It's the feeling of personal satisfaction that comes with helping people achieve or overcome in an area of life you have experience or expertise. Even coaches who struggle financially (and there are those that do) still tend to LOVE what they do for a living... and couldn't imagine switching careers.
The secret to earning great money as a coach?
First, pick a niche within the niche. Even if you really want to generalized life coaching, segmenting how you sell yourself to a very specific audience will allow you to stand out, and charge more as well.
For example, most business coaches end up doing a lot of generalized life coaching as well! But, because they are "specialists", and focus on a very lucrative market, the pay scale is much better.
Next, break your business down to 6 simple steps.
- Content (articles like this one, for example)
- Character (your public face or brand identity)
- Community (your tribe or ideal audience)
- Conversation (the message and relationship you cultivate with your audience)
- Curriculum (what you offer that transforms lives. Can be a product or a process)
- Conversion (the system that enables you turn a small percentage of your community into clients... and cash flow)
