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How to Start a Life Coaching Business Using These Resources

December 14, 2020 294 views

 

Tips Insights and Resources for Starting a Life Coaching Business

About This Post

In this post, you’ll find a unique collection of resources, each created by a different author giving you a broad overview of the life coaching industry.

Before you get to the resource section, let’s go over a few important issues to consider about this business.

Are You Suited for This Opportunity?

With any business you’re thinking of starting, it’s important that you are interested in what you’re doing in the industry.

Without having an interest in your work, you won’t give it your best. When problems appear, you’ll be looking for ways out instead of looking for solutions to those problems.

For this type of business, can you see yourself coaching for the foreseeable future? Can you see yourself dealing with other people’s goals and looking for ways to get them there? Will you be able to get people to the level they want.

If you answered yes, then you’re on the right track. If you answered no, then what can you see yourself doing? And is it better to ensure a business in that field instead of this one? For more see, Passion – An Important Key You Need to Succeed in Business.

Do You Have the Necessary Skills?

It’s important to be skilled in the business you’re about to start. Do you have the skills to run a business as well as the skills you’ll need to be a life coach? If you don’t, it’s not the end of the world. You can get the skills you need. Or hire people with the skills the business requires. If you hire others, it’s important to have a thorough understanding of each of your employee’s job functions to maintain control over your business.

Either you can build your skills before you start your business or learn as you go. When learning as you go, you don’t want to make important decisions before looking into the issue and understanding the outcome.

You could find a mentor or guide to help you during the early stages of operations. You want someone you can trust and is experienced.

For the skills necessary for life coaching, see our page on how to become a life coach. For business skills see, How to Run a Business – A Quick Look Into Skills You’ll Need

Points to Consider Before Starting a Life Coaching Business

What Customers Will You Target?

When you target a specific market, you have better results with customer acquisitions. You know how to identify clients that might be interested in your service. You’ll also be able to highlight the top benefits of your service so you can gain a new client.

What Area of Coaching Are You Considering?

There are many areas when it comes to life coaching. Are you going to offer coaching in all areas?

Some of the areas that come to mind are:

  • Career Improvement
  • Executive Coaching
  • Spiritual Coaching
  • Weight Loss
  • Work-Life Balance
  • Relationship Coaching
  • Financial Coaching
  • Self Development Coaching
  • Goal Achievement

As you can see from the list, there are many areas you can focus on. And each of those areas can go into its own sub-sections.

With that being said, I look at the list, and if I were to start a life coaching business, I would definitely specialize in one area. If I were seeking a life coach and they listed all the above on their business card, I would immediately think jack of all trades master of none. The only exception is if your business grows. You have multiple coaches, each having and dealing with their own area of life coaching.

Business Insurance

You want to make sure you have the right coverage for your life coaching business. Even if you’re planning to run it online, you’ll still need coverage for liability.

You may be surprised at the ridiculous claims some people come up with to sue others. You don’t want to be part of that statistic. Make sure you have sufficient coverage for you and your business.

Will You Run This Business From Home?

A life coaching business can be run from home. You may choose a combination of running it from home and online. These days of Covid, that’s becoming the norm.

Running your business from home saves you on the monthly expenses needed to run your business from a commercial location. It also saves you time commuting to and from the workplace.

Naturally, there are pros and cons to run your business from home. For more, see The Pros and Cons of Starting a Business From Home.

How Will You Get Customers?

For a life coaching business, the best way to get customers is to show your results. This is one of those businesses where people will be skeptical unless they see proven results. And to be honest, you can’t really blame them. Knowing that you need to prove that your methods work and get your customer to the level they’re looking for.

How do you provide proof if you just start it off and don’t have any customers?

You’ll have to help out a few people to reach a level they want for free or at a reduced rate. Your goal is not to make money but to build a client base and prove yourself. Take a few months to coach a few clients.

Another way of looking at this is; you’re benefitting because you’re getting feedback from the people you’re coaching. You’re getting a taste of what it’s like, so it’s like a trial period for you and for your clients; it’s a win-win for everybody.

Once you have a client base, then many of your marketing efforts will be based on referrals from satisfied clients.

When you’re focused on referrals, you want to make sure every client is satisfied. When you have this mindset, you’re always trying harder. You’ll always be looking for ways to improve, and it will be important that your customer reaches their goal every time.

In addition to referrals, you can always use conventional advertising methods like radionewspapersmagazines, etc. You can also advertise online using Google and Facebook ads.

Now to the Resources

As mentioned earlier, you have now reached the resource section. You’ll find over 100 links to resources and articles that you can use to start and run your life coaching business.

You won’t be able to go through all the resources in one visit because you’ll get overwhelmed. The good news is the resources are here anytime you need them. Good luck with your coaching business!

A Collection of Resources Related to Starting a Life Coaching Business

How to Start a Life Coaching Business

How to Become a Life Coach: 8 Steps to Build Your Coaching Business

How to Start a Successful Life Coaching Business – Coach Training World

Ultimate Guide: How To Start A Life Coaching Business – Sally Ann Miller

How to Start a Home-Based Coaching Business

How to Start a Coaching Business (That *Actually* Makes Money)

How to Start a Life Coaching Business

Starting a Coaching Business Isn’t Easy. Here’s How to Do It Successfully.

A Beginner’s Guide To Starting A Life Coaching Business — Money & Mimosas

How to Become a Life Coach: Steps and Advice

How to Start a Coaching Business From Scratch | Stewart Swayze

How To Start a Life Coaching Business In 12 Steps – Jeannine YODER Jeannine YODER

What to Consider Before You Start

Reasons for Getting Into Your Own Business

The Pros and Cons of Owning Your Own Business

10 Questions You Must Ask Before Starting a Business

Passion – An Important Key You Need to Succeed in Business

Steps and Considerations

Over 21 Steps and Considerations When Starting Your Business

Getting Inside Information

An Inside Look Into The Business You’re Considering

A Simple Guide To Starting A Business

How to Start A Business – Making a Complex Topic Simple

How to Finance Your Business

Everything You Need To Know About Business Loans

How To Register a Business

How to Register Your Business Using These Resources

Life Coaching Business Name Ideas

Selecting a Good Name for Your Business

Life Coach Business Name Generator + Instant Availability Check

Life Coaching Business Name Generator – How to Name a Life Coaching Business

375+ Best Life Coaching Business Names ideas – theBrandBoy

1,000+ Life Business Name Ideas + Availability Check

101 Great Life Coaching Business Names – BrandonGaille.com

Business Plan

How to Write a Business Plan Using This Unique Collection of Resources

How to Write a Marketing Plan Using These Select Resources

The 7 Step Life Coach Business Plan

Life Coaching Business Plan Template Free | Coaching Business Plan

Write The Ultimate Coaching Business Plan In 10 Steps [2020 Edition]

Life Coaching Business Plan: A Quick Template – Life Coach Hub

Trends and Statistics

Life Coaches in the US – Industry Data, Trends, Stats | IBISWorld

U.S. Personal Coaching Industry Tops $1 Billion and Growing

Business Coaching Industry to top $15 billion in 2019

Current Information on The Size of The Life Coaching Market

Profitability and Revenue

Estimating the Profitability and Revenue for a New Business

Is life coaching profitable? – Quora

How Much Do Life Coaches Really Make?

Is there a profitable platform in being a “Life Coach”? | Startups.com

Is It Possible to Earn an Abundant Income as a Life Coach?

Startup and Operating Costs

Estimating Startup Costs – Are You Missing Anything?

How much does it cost to start a coaching business – Step Into Success Now

The Exact Cost Of Starting A Coaching Business — Signature Life By Daria Zest

How Much It Costs To Start An Online Coaching Business – SMI Financial Coaching

Startup Costs: Life Coaching Business

Equipment

Essential Office Equipment You May Need to Run Your Business

The Coaches Console

My Coach Office

Powerful Coaching Software | CoachLogix

Life Coaching Toolkit | Coaching Tools from The Coaching Tools Company.com

Your Ultimate Life Coaching Tools Library (+PDF & Exercises)

The Top 6 Tools Life Coaches Use To Help You Get Your Life Back On Track

15 Life Coaching Resources To Grow Your Skills And Your Practice

Insurance

Here’s Everything You Need To Know About Business Insurance

Life Coach Liability Insurance for Small Businesses | Hiscox

Life Coach Insurance | Insurance Canopy

Business Insurance for Life Coaches

Life Coach Insurance: General Liability Insurance | Thimble

Life Coach Insurance | Simply Business US

Employee Considerations

The Pros and Cons of Running a One-Person Business

How and When to Hire a New Employee

Common Jobs Needed for Running a Business

Hiring an Employee VS Subcontracting

Associations

Which Life Coaching Association Is The One For You?

Home – iaplifecoaches.org

IAPO International Organization of Professional Life Coaches

Home | International Association of Coaching

PCA – Professional Coach Association

Business Cards

How to Design Business Cards That Draw Attention

Life Coach Business Cards & Profile Cards | Zazzle CA

Custom Business Card Design | Vistaprint

7 Business Card Ideas To Promote Your Life Coach Practice

Creative Business Cards for Life Coach, Michele Woodall — Greatest Story Creative

Latest Image Search Results Related to Life Coaching Business Cards

Logo

How to Create an Impressive Logo

Life Coach Logos: the Best Life Coaching Logo Images | 99designs

Coaching Logos: the Best Coaching Logo Images | 99designs

Life Coaching Logos | 3,640 Custom Life Coaching Logo Designs

Free Life Coaching Logo Designs – DIY Life Coaching Logo Maker – Designmantic.com

Life Coaching Logos | Life Coaching Logo Maker | BrandCrowd

Latest Image Search Results Related to Life Coaching Business Logos

Forms

Free Coaching Tools, Forms & Resources | The Coaching Tools Company.com

Free Coaching Business Admin Forms | The Coaching Tools Company.com

The 8 Must Have Forms For Your Coaching Business – Step Into Success Now

3 Life Coach Business Forms You Need For Protection

Life Coaching Forms — The Counselor’s Coach

Software

Best Coaching Software 2020 | Reviews of the Most Popular Tools & Systems

Best Coaching Software in 2020 | G2

Best Coaching Software – 2020 Reviews & Comparison

Coaching Software 2020 – Best Application Comparison | GetApp®

17 Best Online Coaching Programs, Software & Tools

Best Online Coaching Platforms And Tools (2020 Guide)

Life Coaching Tools, Online Coaching Software | Life Coach Hub

Business For Sale

Buy A Business or Build one From Scratch?

An Inside Look Into The Business You’re Considering

Corporate Training Businesses For Sale in the US, 40 Available To Buy Now

Business for Sale: A Coaching Firm for $1.25 million | Inc.com

Latest Search Results Related to Life Coaching Business For Sale

Franchise Opportunities

The Ins and Outs of Owning A Franchise

6 Best Business Coaching and Consulting Franchises of 2020 (UPDATED RANKINGS) | Franchise Chatter

Reasons To Buy A Business Coaching Franchise… And Reasons Not To

10 Best Business Coaching Franchises & Marketing Consulting Opportunities

Business Coaching Franchises: What’s The Real Story

Start a Growth Coach Franchise, The Growth Coach Franchise Opportunity for Sale | Franchise Direct

ONE Way Life Franchise | WeDevelopYou.com

Life Coaching & Mentoring – Franchise Opportunities and Businesses for Sale Across Australia

Growth Coach | Business Coaching Franchise Opportunity

Marketing Tips

How To Get 10 New Coaching Clients In The Next 90 Days | Thinkific

12 Simple Life Coach Marketing Ideas That Won’t Break The Budget

How to Market Your Coaching Business – 8 Tips & Strategies You Should Know

50 Great Marketing Ideas for Coaches – Rich Fettke

How To Promote Your Life Coaching Business? (2020 Edition) – Coach Foundation

Marketing for Coaches: 24 GREAT Strategies for 2020

5 marketing strategies for setting your coaching business apart | by Podia | Podia

How to Market Your Coaching Business (Without Paying a Dime)

Marketing for Life Coaches: Marketing Ideas For Building Your Business

4 Steps for Growing Your Coaching Business to $1 Million a Year

Challenges

10 Common Challenges Life Coaches Face and How to Solve Them – Rhonda Hess

The 3 challenges you must overcome to be a successful coach

What is the biggest challenge you have as a life coach? – Quora

What are the Biggest Challenges Most Business Coaching Clients Face?

Challenges of a Coaching Business in 2020 | by Jane Gardner | Medium

Mistakes

Have You Made These 5 Coaching-Business Mistakes?

Eight Mistakes To Avoid When Starting A Life Coaching Business »

Life Coaches: Don’t Make These 21 Common Mistakes – Coach the Life Coach

20 Mistakes New Life Coaches Make – Coach the Life Coach

7 Mistakes Life Coaches Make That Prevent Them Building Thriving Business – Life Coaching Press

Becoming a Life Coach? Avoid These 5 Costly Mistakes

Common Mistakes New Life Coaches Make and How to Avoid Them

Article Mix

The Pros and Cons of Starting a Life Coaching Business

5 Pro-tips for Starting and Growing a Life Coaching Business. | by Dianna Lesage | Medium

7 profitable life coaching niches that make a difference [with examples]

The 22 Best Business Coaching Services of 2020

Council Post: How To Decide Whether You Want A Business Coach Or A Life Coach

11 Proven Coaching Business Models To Start An Online Coaching

The Best Online Coaching Business Models (pick one) | by Lucas Rubi | Medium

What Does a Coaching Business Model Look Like? | Erickson Coaching International

A Guide To Choosing The Right Coaching Model For You – Evercoach – By Mindvalley

What they don’t tell you about starting a life coaching business

Life Coaching Business – Everything You Need to Know About

A Life Coach Guide To Running A Life Coaching Business

How to Become a Life or Business Coach | Starting a Coaching Business

12 Systems You Need to Run Your Coaching Business | by VP Wright | Medium

Publications

Press Room – LifeCoach.com

Professional Coaching magazine for professional coaches

LIFE COACHING TODAY-October 2020 Magazine – Get your Digital Subscription

Life Coaching Today – Connecting Coaches,Therapists & Hypnotherapists

Worldwide Coaching Magazine – In-depth Knowledge, Outspoken Opinions

Magazines | Library of Professional Coaching

Life Coaching Magazine – Life Coaching Magazine

Top 100 Life Coach Websites, Blogs & Influencers in 2020

Top 60 Coaching Blogs, Websites And Newsletters To Follow in 2020

20 Awesome Life Coaching Blogs – Part I | Erickson Coaching International

8 Personal Development Blogs to Skyrocket Your Life Coach Marketing

100 Best Life and Career Coach Blogs | by Vandana Shah | Medium

Why Most Life Coaches Are Wasting Their Time Blogging – Coach the Life Coach

Coaching Blog | Top Life Coach Blogs

5 Life Coaching Blog Topics To Help Attract Clients – Markitors

25 Coaching Blogs That Will Make You Want To Start Your Own

Terminology

Glossary of Coaching Terms – Life Coaches, Business Coaches, Coach Matching

Coaching Terms Glossary

Life Coaching Glossary | John Wastnage

Coaching and Business Glossary – Strategies for Influence

Running a Business

How to Run a Business – A Quick Look Into Skills You’ll Need

Life Coaching Skills

What is a Life Coach? Learn What Does a Life Coach Do To Help You

32+ Coaching Skills and Techniques for Life Coaches & Leaders

12 Coaching Skills That Define A Professional Life Coach

Life Coaching: 10 Qualities Of A Great Life Coach

The 10 Most Important Skills For An Effective Life Coach

What is Life Coaching? | SkillsYouNeed

Essential Skills for Life Coaches | Life Coach Certification Institute

12 Coaching Skills That Make You A Good Coach

Life Coaching Courses

Home – 2019 – CA – Health Coach Institute

life coach training | Fowler International Academy | life coach classes

Professional Life Coach Certification & Guide (Accredited) | Udemy

The 7 Best Life Coach Certification Programs of 2020

All Courses | Institute for Life Coach Training

Life Purpose Institute Life Coach Certification

20 Excellent Coaching Courses and Online Opportunities

The Best Life Coach Certification Programs of 2020 | Life Coach Path

10 Best Life Coaching Courses & Certification [DECEMBER 2020] [UPDATED]

Books

Books from Amazon Related to Starting a Life Coaching Business

Google Book Search Related to Starting a Life Coaching Business

The Latest about Starting a Life Coaching Business

Google Searches

Latest Search Results Related to Starting a Life Coaching Business

Latest Scholar Search Results Related to Starting a Life Coaching Business

Latest Image Search Results Related to Starting a Life Coaching Business

News

Latest News Related to Starting a Life Coaching Business

Twitter

Tweets Related to Starting a Life Coaching Business

YouTube

Videos Related to Starting a Life Coaching Business