Wondering how to start a life coaching business? First, you need to have a passion for people. This is not the kind of business you get into for profit or entrepreneurial success. Life coaching is the kind of business you start for making a difference in people’s lives.
Can You Make a Difference?
Have you been through hell and back, suffered like a street dog in a third world country, contemplated suicide a couple of times, and ultimately came around to become an example? Or have you always been successful, well-formed, happy, educated, wealthy and problem-free?
If you answered yes to the latter, chances are you are fooling yourself. You cannot show the way out if you never had to “exit” yourself.
Think about what you have to offer. Wisdom has a high price, and it cannot be acquired in books or school. The price of wisdom is painful, but rewarding.
When you touch someone’s life with your wisdom, it will make a difference … it can heal. However, if all you have to offer is what you read somewhere, you really are fooling yourself.
The Qualities of a Life Coach
When considering how to start a life coaching business, consider these qualities:
- When you listen, you understand
- When you understand, you know the answer
- When you know the answer, you can help
- When you help, you are a Life Coach
We are not born with life manuals. Many of us are without both parents and relevant guidance throughout our lives. We learn the hard way.
The abilities of a life coach go far beyond being able to understand the problem. Life coaches have a familiarity with the problem. When you KNOW “how it feels,” a connection will be made. Through connection we are able to coach, and help.
As a life coach it is your job to help, advise, and suggest changes in order for people to give you their money. If you are in this business for profit only, a person will probably mean no more than a figure. On the other hand, if you are in this business for the right cause, it will be a fulfilling career, and profit will ultimately be your deserved reward.
If you think you have what it takes, here are the primary 5 steps on how to start a life coaching business.
Step 1 – Make a “Procedure” Plan
Being methodical frees your mind to concentrate on the task at hand. If you have a procedure that is proven to be practical for you and your client, you will be able to achieve more from the interaction.
Not having a procedure to follow allows too much wondering and freedom. These can be a disadvantage when it comes to productivity and results.
Your procedure does not have to be something you copy from another life coach, but it has to be something proven to work and one that provides optimum results.
With time and experience, you will learn that your procedure will change little by little until it becomes perfect. Once you are completely comfortable with it, you will no longer feel the need to deviate from your plan. It will then be time to adopt it as the official procedure of your practice.
Elements of a procedure include: length of time per session, written material, tailored advice for each possible matter, meeting places, times to call and times when calls are not allowed, follow-up frequency, and average overall length of coaching according to each specific case. These elements are random examples, but your style is always the best that suits you and your clients.
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