How to Start a Life Coaching Business Using These Resources

 

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?


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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 radionewspapers, magazines, 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

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

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

Trends and Statistics

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

Current Information on The Size of The Life Coaching Market

Profitability and Revenue

Estimating the Profitability and Revenue for a New Business

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

Startup Costs: Life Coaching Business

Insurance

Here’s Everything You Need To Know About Business Insurance

Life Coach Liability Insurance for Small Businesses | Hiscox

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?

Business Cards

How to Design Business Cards That Draw Attention

Life Coach Business Cards & Profile Cards | Zazzle CA

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

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 Reviews of the Most Popular Tools & Systems

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

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

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

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

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

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

Terminology

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

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 Courses

Home – 2019 – CA – Health Coach Institute

life coach training | Fowler International Academy | life coach classes

Professional Life Coach Certification & Guide (Accredited) | Udemy

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