Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (2024)

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Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (17)

I’m going to share with you how I started a life coaching business as a side hustle. Have you been wanting to start your own life coaching business to be able to work from home?

When I first started considering setting up a life coaching business, I looked into certifications and programs. What I found was that most of the people who taught these programs were not certified. I checked out their programs thoroughly, and most of them suggested that you pick a niche that you knew something about. That’s exactly what I did to get started.

To get going, I put together a website showing that I was now providing a particular kind of life coaching business. I also put up an advertising listing on Yelp. Now I get a number of new clients from both my website and Yelp. I found that as I became more clear about what I offer and how I could help, my ideal client started to find me more easily.

Related: Are you trying to start a coaching business, but you get overwhelmed with all the things there is to do? I created a checklist that I keep nearby to help me focus on the most important things to do daily. You can get the checklist here!

Before we get started talking about how you can get your life coaching business started, we would love for you to join our growing Facebook group right here! Be sure to give us a quick follow on Instagram as well!

Watch this video to learn how you can make money with coaching

How to start a coaching business from scratch

1. Just Start Coaching-

Many people think they need experience or a certificate to coach. Really, all you need is the desire to help people and to be just a few steps ahead of where they are. You can do your own training along the way to improve your skills and get new tools. Don’t let not being certified stop you from getting started now with your life coaching business. You can even do life coaching as a side hustle while working. I did this with my first business and found it very rewarding to be helping people.

2. Know your core values and skills-

Be yourself and look to your own experiences for how you can help someone else. I use many of my own life experiences as helpful tips for my clients. Most of all, I listen and work with my clients to discover their own core values. This helps them determine what next steps to take.

3. Figure out what makes you stand out by doing a few free sessions with people you know-

I was very nervous to get started with life coaching, but what helped me in the beginning was practicing with people whom I trusted. Pick a few friends and ask them if you can practice going through a life coaching session with them and then ask for their written feedback, good and bad. Use the good feedback as a testimonial (with their permission), and use their suggestions for improvement. You will only need to do this a few times to get the hang of what a session will feel like. Then you are ready to start charging. For tips on how much to charge for your products or services, check out my Be Passionate And Prosper Course here.

4. Charge an hourly amount to start

Pick an amount you feel comfortable with and charge for your service as a life coach. When I first started, I charged $20 an hour. After a few sessions, I quickly felt like this was too little. Truthfully, I always struggle with increasing my fees. But when I do increase them, I find that my clients trust me even more. Your clients will tell you if they can’t afford your rates. You can always make exceptions, but make sure you are charging your worth across the board to all of your clients. Head over to this post if you’d like help with how much to charge in your coaching business.

5. Up the rate as you become more of an expert

Once a year goes by and you have been consistently helping clients, it will make more sense to charge more for your services. With time, you will be considered an expert at what you do. You may discover that a particular type of client comes to you. Maybe by that time, you also have a particular set of skills that sets you apart. One way to increase your rates is to develop training or packages centered around your particular set of expertise. Offer this package to your existing clients and get more feedback from them. They have grown to trust you at this point, and they want more of your help. Simply listen for where they are desiring transformation, and then find a way to help them through it. Head over to this blog post on how to manifest more coaching clients for your business.

How to start a life coaching business online

The best way to start your life coaching business online is by setting up your own website detailing the types of life coaching you provide. You will want to set up a self hosted site and pick a domain name that is easy for your clients to remember. I usually suggest using your own name because your clients will remember your name. You can set up a website easily through a company like Bluehost, and create a WordPress site.

If you are interested in creating ablog of your own, check out this freetutorial that will help youstart a blog ofyour own. It walks you through getting aself hosted site. I’m currently using Bluehost and they are offering self hosted sites for around 3.95 per month (this lowprice is only through my link). When you sign up through myBluehost linkyou will also get a free domain name (you get to pick a name for your site!). Getting your own self hosted site means you own the site (no one can ever take it down or take it away from you). If you have been wanting to make money online with a blog or website, this is the first step. In a year from now, you will be so glad you started this for yourself! The sooner you get going the better!

How life coaching changed my life

I can honestly say that my life coaching business changed my life for the better. There were times when I was struggling with my own “stuff,” and then someone came my way needing life coaching. When I ended up helping them, it made me feel more positive about my own life! Of course there are financial gains to life coaching, but the best part is the feeling you get after meeting with a client and seeing their improvement through tough life situations. I was also very glad to leave my other business (which wasn’t really a fit for me) to start life coaching instead.

If you are feeling stuck with your current job, and you are looking for a business you can do from home, then try setting up a life coaching business as a side hustle to start. It will take you a little time to develop a clientele anyway, so you might as well start small and get going as soon as possible!

Check out my Youtube video on Visioning! This is how I started all my businesses!

Owning your own life coaching business as a side hustle

Having your own life coaching business will provide you with extra time and money. I felt like it also gave me my sanity back. I wanted to work less hours and be able to work from anywhere, and being a life coach gave me all of this and more.

When you first get started, simply take one to two clients a week just to get your feet wet. If you are working, you may want to keep your job while you start a life coaching business to discover if you like doing it. This will also give you time to figure out your niche and who your ideal client is.

There is no rush, but I would say don’t be afraid to just start. As I said earlier, you don’t want to make excuses for why you can’t start now. You probably have some set of amazing life skills that transfer over immediately into life coaching. If you need help figuring out what your skills are, reach out to me for help!

How to get your Life Coaching Business Properly Set up

Once you have your life coaching business off and running, you will want to do a few things to make it more legitimate. Here are a few tips or steps to take to properly set up your life coaching business.

  1. Register your ‘Doing Business As’ with your county recorder, or use your own name for free
  2. Get a Website, pick your domain name and secure social media accounts in that name
  3. Consider liability insurance. You can start with talking to your favorite insurance companies and get lots of quotes for business liability insurance.
  4. Set up a Paypal or Square Account. This allows you to take credit cards and mobile payment.
  5. Create simple contracts. You may want to have your clients sign a basic agreement to show how long you will be working with them, how often and for what price.
  6. Know what makes you unique and shine. Develop your brand and keep it consistent across your website, social media, business cards and even your look. Your clients will be able to identify you more easily if you have a unique brand.
  7. Get example contract forms and tips on insurance, pricing and how to decide what type of coaching business is perfect for you at Be Passionate and Prosper How to Start and Online Business.
  8. Work on getting just one new connection or client a day, whether that be through Facebook, Instagram or out in public. Get this free checklist to help you stay focused on what’s most important.
Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (18)

What types of skills can you use for your life coaching business? How will you set up your life coaching business as a side hustle?

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (19)

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (20)

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (21)

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (22)

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (24)

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (26)

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (27)

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (28)

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (29)

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (31)

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (32)

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (34)

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business (2024)

FAQs

Life coaching business as a side hustle- how to get started - Be Passionate and Prosper | Grow Money, Investing, Online Business? ›

The Popularity of Coaching Side Hustles

That's only a quarter of a full-time work week! Granted, building a coaching business requires a lot more than just the coaching (think admin work, self-education, marketing). Nonetheless, coaching in such a part time capacity can still be lucrative.

Is a life coach a good side hustle? ›

The Popularity of Coaching Side Hustles

That's only a quarter of a full-time work week! Granted, building a coaching business requires a lot more than just the coaching (think admin work, self-education, marketing). Nonetheless, coaching in such a part time capacity can still be lucrative.

Can life coaches make a lot of money? ›

Based on Glassdoor data, the average national income of a life coach in the US is $61,003 per year. The most prominent life coaches make even $250,000 a year, based on salary itself. We need to take into account, though, that they also have supplementary income.

How to make 6 figures as a life coach? ›

Start with a private coaching offer. For example, you could sell a coaching package for $3,000 – then you only need to sell 3 packages a month to make six figures. Afterwards, you can add on passive income streams like online courses, partnerships, and digital products.

How long does it take to make money as a life coach? ›

Some people starting a private practice begin generating a living in as little as 3 weeks after their training while others take some time to build a practice while also working their full-time job. The average time frame for coaches to build a successful private practice is about 18 months.

What is the downside of life coach? ›

The key disadvantages of life coaching are the expectations clients have and the promises that certain life coaches make. Life coaching can be an excellent way to set yourself clear goals, work out how to achieve them, and achieve them. It isn't some sort of miracle cure for everything you don't like about your life.

How do I start a life coaching side hustle? ›

Start at the top and work your way down – when you get to number eight, you'll be in business!
  1. Start with your life experience. ...
  2. Explore your passion areas. ...
  3. Pick a focus. ...
  4. Research, research, research! ...
  5. Become an expert. ...
  6. Decide on your service offerings. ...
  7. Design Your Work-Style. ...
  8. Open Your Business.

What kind of life coach makes the most money? ›

High Paying Life Coach Jobs
  • Life Enrichment Manager. ...
  • Success Coach. ...
  • Transition Coach. ...
  • Family Coach. ...
  • Life Skills Trainer. ...
  • Life Skills Coordinator. Salary range: $36,000-$44,500 per year. ...
  • Life Skills Coach. Salary range: $32,000-$42,000 per year. ...
  • Life Skills Specialist. Salary range: $30,000-$36,000 per year.

What kind of coaching makes the most money? ›

Coaching sectors such as executive coaching, leadership development, and career coaching are known to attract high-paying clients who are willing to invest in their personal and professional growth.

Is it hard to get clients as a life coach? ›

The obvious answer: It can be difficult for a life coach to maintain their career and generate income without a steady flow of clients. For this reason, they must actively advertise and promote their business, network, and build solid connections to find life coaching clients.

What is the most popular type of life coach? ›

Business coaches are some of the most popular types of coaches around, making up the majority of life coach jobs. They have a great reputation for helping both employees and businesses reach their full potential.

How much do I charge as a life coach? ›

Many life coaches charge hourly. The amount charged by life coaches varies, ranging from $75 to $200 per hour on average. Novice life coaches typically have an hourly rate of less than $75, while more experienced ones may exceed $200 per hour.

How do I become a rich life coach? ›

If you set realistic goals, deliver quality service consistently, and advance your level of coaching and mentoring, you'll definitely be on your way to becoming a rich life coach. Life coaching is a mission that should not be pursued with the defining goal of making money, but rather with a commitment to service.

Are life coaches in demand right now? ›

Yes, there is demand for life coaches. After all, the coaching industry is a multi-billion dollar industry – and it's growing fast. According to IBIS World, there are 22,758 life coaches in the US.

How do you monetize a coaching business? ›

Here are some ways you can make money through online coaching:
  1. Create a Course: One of the most popular ways to make money through online coaching is by creating a course. ...
  2. Offer One-on-One Coaching: Another option is to offer one-on-one coaching services.
Jan 24, 2024

Is there a high demand for life coaches? ›

Yes, there is demand for life coaches. After all, the coaching industry is a multi-billion dollar industry – and it's growing fast. According to IBIS World, there are 22,758 life coaches in the US. The life coaching market is a $1.4 billion market ad it's growing by 3.2% year over year.

Is it hard to make a living as a life coach? ›

About becoming a coach, the average income of a life coach in the U.S. today is between $30,000 – $40,000. Only 10% to 20% or so make six-figure incomes, and many more life coaches don't make anywhere near $30,000. It's not an easy path, and clients simply will not fall in your lap.

Is life coaching a stressful job? ›

Being a life coach is fulfilling and rewarding, but it can also be really challenging. Even though coaches might have more coping tools than your average bear, they're still prone to a lot of the same things the rest of us struggle with, and their profession puts additional stressors on top of that.

Is it hard to be a successful life coach? ›

Anyone can aspire to be a life coach. But not everyone can be successful. Success in this field depends on innate empathy, active listening skills, and a commitment to ongoing learning and professional development.

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