When it comes to hiring a professional life coach, the cost can vary greatly. While most life coaches charge similar fees to other professionals they help, there are some who fall outside of that range. It's important to understand the costs associated with setting up a life coaching business and what a life coach's salary might be. A life coach can help you identify and develop solutions to obstacles that prevent you from achieving your goals.
They will also help you set manageable goals for your personal and professional development, giving you the confidence to achieve them. Some life coaches offer one-on-one sessions for clients seeking short-term guidance or help with goal setting. The life coaching industry is highly fragmented, so it's important to do your research before hiring a coach. You should look into their qualifications, experience, and any additional courses they may have taken in team coaching, business coaching, or even some types of therapy that complement life coaching, such as Neuro-Linguistic Programming (NLP).
It's also important to make sure that the life coach you hire is focused on helping you achieve your goals. Unfortunately, too many life coaches don't worry about whether their clients achieve their goals. If you've had trouble making impactful changes in your life, a life coach can help you create and maintain these changes. Now that you know more about the costs associated with setting up a life coaching business, it's up to you to calculate the numbers and get started.
Here's another useful fact about what a life coach's salary might be, collected from Payscale: since life coaching is a more simplified sales process (you don't need to convince tons of people in HR and hire through a large company) and cheaper for people, sometimes it's easier to acquire customers. The life coaching industry has grown dramatically since Thomas Leonard introduced it around 1992. Some life coaches use techniques such as hypnotherapy, NLP, and guided meditations, among others. It's also important to consider offering a refund policy for your services as a life coach.