Life coaching is a highly rewarding profession, especially if you're passionate about making a positive difference in people's lives. However, many people don't understand how to value coaching in terms of hours, but they do understand how to value results. That's why it's important for coaches to be flexible in terms of how they approach the client relationship, including billing and payment. Hourly pricing is the most flexible and easiest way for customers who have never purchased training before.
It's also possible to create training packages that offer a combination of offerings, such as one-on-one sessions, content, digital resources, and courses. This can be a great way for a life coach to help their clients achieve their goals. Health and wellness coaches support and guide clients in setting health-related goals, such as deciding to lose weight, improve energy, or better manage stress. Writing and speaking are great ways to improve your credibility, build an audience, and earn more money as a coach.
According to the International Coaching Federation (ICF), an experienced coach conducts an average of 12 client sessions per week. You can work as a private consultant, start your own coaching business, or work part-time or full-time in a company. Thinkific offers free course creation, marketing and sales tools that can help take your life coaching income to the next level. As your coaching practice and reputation grow, these ratios can change to less marketing and more customer service hours.