400+ Models for Business or More


Let’s use this number as a starting point – 400+ models for business creation. Do you think that there are 400+ models for businesses…or more? How about 1000+ models…or 10,000+? You’ve heard of infinity, right?

Your Coaching Business

Most coaching businesses start out with the same basic design. There couldn’t possibly be 400+ models for business in the coaching industry, could there?

Though coaching businesses often share some of the same qualities, they are as unique as the people who own them. You have life coaches, career coaches, executive coaches, wellness coaches, sports coaches, and more. You have hundreds, if not thousands of niches and sub-segments within each coaching segment. Think we have reached 400 yet?

400+ Models for Business and More in the Coaching Field

Setting up your coaching business starts with the decision on what type of coach you want to be. Here’s a few to consider:

  • Life coaching
  • Career coaching
  • Executive coaching
  • Business coaching
  • Health and wellness coaching
  • Leadership coaching

Now, you must consider what niche you want to enter. Why select a niche? Though it is certainly possible to be a successful coach without a choosing a niche, most coaches gain an advantage when they focus their marketing efforts and expertise on a particular set of clients.

Think Niche to Get Rich!

It is usually better to be a big fish in a small pond than a small fish in a huge body of water! Think niche to get rich! Here’s a few niche examples to pique your curiosity.

  • Procrastination coaching
  • Executive coaching for women
  • Career coaching for single moms
  • Life skills coaching
  • Diabetes coaching
  • Christian life coaching
  • Anti-aging coaching
  • Coach coaching – you better be experienced for this one!
  • Youth life skills coaching
  • Men’s empowerment coaching
  • Retirement coaching
  • Spiritual coaching

As you can imagine, there are thousands of niches for coaches to consider. By looking at these possibilities, 400+ models for business in the coaching world is just the start.

Types of Coaching Businesses

You can also create different types of coaching businesses – from sole proprietorship to partnership to corporation. Setting up the legal structure of your business will also add to the 400+ models for business for your coaching practice.

There’s more! You want to have a traditional office or set up online? Perhaps you want to combine a brick and mortar business with an online business. This will allow you to leverage your skills and reach the most potential clients.

Know Yourself Before You Begin Coaching

“Know thyself” was inscribed in the forecourt of the Temple of Apollo at Delphi in ancient Greece. Every new coach must first “know thyself.” Know your passions, your talents, your area of expertise, and your style. Know who you want to help and for whom you can offer potential outcomes for their issues.

Knowing yourself will narrow down the list of potential business models. By taking the time for self-analysis, you can narrow down that list of 400+ models of business (or 1000+ models for business) to a manageable amount from which you can select the right model that will help you succeed in the competitive world of coaching.

Hope you took some great value out of this post today! I’d love to hear your feedback, so make sure you leave a comment with your thoughts or questions. And also, you can click on the Twitter button below to retweet this article… Thank you!

Fred Philips
Business Coach
Writing Team, Coaches Training Blog Community

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Does a Wellness Health Coach Need to be Healthy and Well?


Does a wellness health coach need to be healthy and well? This might seem like a strange question – along the lines of -Who’s buried in Grant’s tomb? But, it is an important question to think about before you jump into the health and wellness coaching field.

Coaches Should be Role Models

Charles Barkley, outspoken former NBA star, once famously quipped, “I’m not a role model.” Perhaps he is right and our society shouldn’t look to professional athletes as role models, but if you are going to hire a coach to help improve some aspect of your life, you will probably look to them for some examples of how to achieve your goals. They should serve as a role model!

Should a wealth coach be wealthy? A wealth coach living in a studio apartments, while collecting food stamps and piling up credit card debt is probably not a wealth coach you want to pay for coaching.

Should a life coach have a good life? A life coach living a disorganized, unhappy existence, always on the verge of an emotional outburst, struggling to make ends meet, is probably not a life coach who will make much money in the field.

Yes – coaches should be role models and they should embody what they try to coach. Yes, a wellness health coach should be healthy and well!

What is a Wellness Health Coach and Why Do We Need Them?

Here’s a fun fitness fact for you: Over 69 percent of American adults twenty years of age and over are overweight. That’s just not healthy. Or well!

A wellness health coach can provide clients with the inspiration, motivation, and tools needed to achieve their health and wellness goals. They can help them find the right solutions to:

  • Lose weight
  • Eat healthier
  • Quit smoking
  • Quit alcohol and drugs
  • Start and maintain an exercise program
  • Identify wellness goals
  • Provide motivation to achieve these goals
  • Modify behavior that lead to unhealthy choices
  • Reduce stress and develop ways to introduce stress management into their lives
  • Overcome obstacles that prevent them from reaching their goals

Why You Should Become a Wellness Health Coach

Health care costs are high and they can be an extreme financial burden as we age. But consider this: the majority of health costs are related to preventable disease. So, if people want to protect their money and their health, they need relevant information and the skills needed to stay healthy. Wellness health coaches can help people find the answers they want and need concerning diet, exercise, disease prevention, and healthy living.

The Aging Baby Boomers are a Big Market!

The baby boomers are aging, but they want to stay active and healthy. They are an extraordinarily large target market; the health and wellness market is exploding and the trend will continue for many years. As a wellness health coach, your services and expertise will be in high demand.

Do you want a career where healthy living is expected?

Do you want a career where you can help people achieve their wellness goals and dreams?

Do you want a career which keeps you in touch with all the latest developments in the wellness field?

Do you want a career where you can make a great living?

Becoming a wellness health coach is one of the best ways to fulfill your own personal and professional goals while you help others achieve theirs. What more could you want out of a career?

Special Bonus – Learn 3 simple ways to become a life coach with the “30-Days to Become a Coach” video toolkit when you fill in the form at the top right and click the“Watch The Videos Now” button. You’ll learn how to change your client’s life in 45 minutes.

Fred Philips
Business Coach
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Online Nutrition Coaching Might Be the Next Big Thing


Is there any money in online nutrition coaching? Or, is it just one of the jobs that sound good, but lack viability and financial reward?

What is Online Nutrition Coaching?

Nutrition coaching is all about getting individuals to understand the importance of good nutrition in living a healthy life. It is all about getting people to alter their behaviors to allow a nutritious diet to be a part of their everyday lives. It is all about combining sensible and healthy dietary habits with an individual’s unique needs.

Online coaching means you coach online – either through webinars, videos, blogs, email, or some combination of methods. Online nutrition coaching is just taking your nutrition coaching business to the Internet.

How Does an Online Nutrition Coach Help?

Online nutrition coaching has many benefits for individuals seeking to improve their health and their life.

  • Teach the nuts and bolts of nutrition and diet.
  • Teach about healthy grocery shopping and nutritious meals.
  • Understand the issues faced by the client and getting a history of past behavior in order to create a customized diet and nutrition plan.
  • Help the client identify health and wellness goals while also helping them come up with solutions and ways to reach those goals.
  • Motivate and inspire clients to reach their goals.
  • Help clients hold themselves accountable for the stated goals and to reinforce good behavior and proper motivational techniques.

What Clients Want From Online Nutrition Coaching

Everyone has their own unique set of problems and goals, but some of the more common reasons for seeking out the services of a nutrition coach include:

  • Look and feel healthy
  • Recover from illness and injury
  • Improve energy and vitality
  • Improve sports performance
  • Improve sex life
  • Improve sleep patterns
  • Lose weight
  • Reduce and manage stress
  • Increase the enjoyment of life and improve work productivity

The Future of Online Nutrition Coaching

Anyone remember that old song, “The Future’s So Bright, I Gotta Wear Shades? Well, that describes the future for online nutrition coaching.

America is fat and getting fatter. Though life spans have been steadily increasing, this trend may not continue for long if our diets don’t change. People want to change, but they often don’t know how, or they lack the discipline and skills to make long-lasting changes.

This is where the nutrition coach comes in – to help Americans change their behaviors and look to a new and healthier lifestyle. Add that desire to get healthy with the fact that coaching is a natural fit for the Internet and you may have a giant market in the very near future for online nutrition coaches.

If Current Coaching Trends Continue

  • The numbers of coaches will continue to rise as demand continues to swell.
  • Coaching will become even more mainstream – it will no longer be seen as exotic or expensive.
  • Coaching fees will most likely level off. Yes, the best of the best will command high fees, but as competition grows, fees will level.
  • Regulations will increase. It’s still the Wild, Wild West in the coaching profession, but that may soon change.
  • More and more coaches will be taking at least some of their business online to reduce expenses and to reach more potential clients.

Nutrition coaching will be influenced by all of these trends. If this is the niche for you – online coaching will help you keep expenses low while reaching a larger target market. Once you have the skills, it’s all about exposure and what better place to get exposure than online?

Hope you took some great value out of this post today! I’d love to hear your feedback, so make sure you leave a comment with your thoughts or questions. And also, you can click on the Twitter button below to retweet this article…Thank you!

Fred Philips
Business Coach
Writing Team, Coaches Training Blog Community

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What is VIP Success Coaching?


VIP Success Coaching is a program created by Hal Elrod, an author and coach who wants to help transform your life. Mr. Elrod is a keynote speaker and coach who founded VIP Success Coaching to reach more people than he could through his one-one-one coaching business.

What is Success Coaching?

Success coaching is valuable to all individuals seeking to make improvements in their personal or professional lives. Whether you want to drop a few extra pounds, find your dream career, learn how to get rid of bad habits and think like a winner, or achieve your financial dreams, a success coach can help.

Success coaching helps you identify and clarify your goals. It is a process of interaction between the coach and the client which helps the client create their own solutions. The coach acts as a guide and a facilitator by helping identify your destination, and then works with you to create a set of directions to get there.

Is VIP Success Coaching Right For You?

If you are looking for something to get your life and career headed in the right direction, VIP Success Coaching might be a perfect fit for you. A few of the wonderful things Hal Elrod says he could do for you include:

  • Help you increase productivity, which may also increase income. Who doesn’t want more income?
  • Improve your health and energy levels through better behaviors with diet and exercise.
  • Help you find the career you truly want instead of the one you were forced to take. If you feel as if you are in a rut, this is the perfect way to find the ideal career choice.
  • Help you identify, clarify, and achieve your dreams – whether they are in your personal life or your career.
  • Help you improve relationships with everyone from work partners to life partners.

Who is Hal Elrod?

At the age of 20, Hal Elrod was hit head-on by a drunk driver and was dead for six minutes. He was in a coma for six days, had eleven broken bones, and was told he had permanent brain damage and may never walk again.

But, Hal not only survived and walked – he prospered and ran. He became a marathon runner, a businessman, a keynote speaker, and a success coach. He also became a best-selling author. His book, “The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life” is one of the most acclaimed books on Amazon.com. His other book – “Taking Life Head on – How to Love the Life You Have While You Create the Life of Your Dreams” – was also a winner.

As a speaker, Hal inspires audiences with his high energy, motivates them with his truly miraculous story, and empowers them to seek out their dreams and go for it! His VIP Success Coaching does the same thing!

One-on-One With Hal

One-on-one coaching with Hal Elrod isn’t for the faint of heart. His VIP Success Coaching program is an intensive coaching experience designed to help an individual realize and maximize their potential. Because of Hal’s success, his coaching will cost you, but things that provide exceptional value aren’t cheap. His one-on-one coaching can cost between $500 to over $1,200 per month depending on how many one-one-one calls are needed.

Group Coaching With Hal

Hal can also work his VIP Success Coach magic with groups. He can work with salespeople, entrepreneurs, business owners, managers, executives, and employees to improve leadership skills, performance, and productivity. VIP Success Coaching with Hal Elrod works for both individuals and groups – with a proven track record, it might be the perfect kick in the butt you need!

Hope you took some great value out of this post today! I’d love to hear your feedback, so make sure you leave a comment with your thoughts or questions. And also, you can click on the Twitter button below to retweet this article…Thank you!

Fred Philips
Business Coach
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The University of Sydney Coaching Psychology Unit


The University of Sydney Coaching Psychology Unit is the world’s first university-based coaching psychology unit. The world is changing, and individuals all over the world are discovering the importance of coaching. The University of Sydney is helping students enter this dynamic field.

If you live in Australia, this is something worth considering. If you live in Europe or the United States, wouldn’t it be nice to spend a year in beautiful Australia studying something that will help you on your way to a personally and financially rewarding career.

Why the University of Sydney?

The University of Sydney is ranked as the 38th best university in the world according to the QS University Rankings in 2013/2014. That’s one spot above UCLA and eight spots above Brown, an Ivy League school. Attending this prestigious university will give you a respected diploma.

The other reason to attend? The country and continent of Australia. For Americans, Australia is a far-away, exotic location. It’s also populated with friendly people who like to have a good time, With a good economy, great weather, beautiful beaches, and plenty of fun activities, your stay in Australia will not only be full of superior learning, it will be filled with plenty of fun!

What is the University of Sydney Coaching Psychology Unit?

This program is for post-graduate students seeking to enter the fields of coaching. The Master of Science in Coaching Psychology offers students a full range of coaching psychology courses which will help prepare them to enter the coaching profession.

Some of the University of Sydney coach courses you will take include:

  • Fundamentals of Coaching
  • Coaching Practice
  • Applied Positive Psychology
  • Positive Organizational Coaching
  • Psychology of Peak Performance

Career Opportunities With a Coaching Psychology Degree

After earning a degree through the University of Sydney Coaching Psychology Unit, many career opportunities are available. Some of these careers include:

  • Clinical psychology – for those more interested in the field of disorders and phobias
  • Counseling psychology
  • Forensic psychology
  • Industrial and organizational psychology
  • Sports psychology
  • Coaching – life, health, and other types of coaching

What is Psychology Coaching?

Psychology coaching touches on both psychology and coaching. Many psychologists are crossing over into coaching and many coaches are using psychological methods to improve their ability to coach clients.

A psychological coach helps bring to the cognitive level those unconscious processes that hold people back from achieving their goals. They help clients become aware of hidden defense mechanisms and undesirable behaviors that produce negative results and prevent people from living their dreams.

A good coach can help their clients understand the underlying forces behind their decisions and behaviors, and provide them with the right tools to identify and clarify goals, assess behavior, improve time management, and find the right balance between life and work.

Kick Off Your Coaching Career at the University of Sydney

Start on your road to success by enrolling in the University of Sydney Coaching Psychology Unit. You will learn the skills needed to become a success in the coaching and counseling business. Not only is the University of Sydney Coaching Psychology Unit a great program…it’s also in Australia! What more could you want!

Special Bonus – Learn 3 simple ways to become a life coach with the  “30-Days to Become a Coach” video toolkit when you fill in the form at the top right and click the  “Watch The Videos Now”  button. You’ll learn how to change your client’s life in 45 minutes.

Fred Philips
Business Coach
Writing Team, Coaches Training Blog Community

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You Can’t Separate the Business and Practice of Coaching


The business and practice of coaching go hand in hand. One feeds the other. They have a symbiotic relationship: without the success of one, both will probably die.

Building and maintaining a successful coaching business is a real challenge. Unfortunately, many coaches are unable to earn a livable income in pursuit of their entrepreneurial dream. Competition is tough, but the knowledge needed to run a business is often lacking.

You Must Know Both The Business and Practice of Coaching

The business and practice of coaching are inseparable unless you work for a coaching or consulting firm. If you are an employee, you generally avoid most of the responsibilities of running a business. However, if you strike out on your own and start your own business, it is imperative to understand the business and practice of coaching

The Practice of Coaching is Different Than the Business of Coaching

When deciding to become a coach, the first step is to take an accredited coaching program. Most people know that. They learn the skills and obtain the knowledge essential to having a successful coaching practice. Without these skills you will be unprepared to help people achieve their goals. Without these skills, your coaching ability may be lacking and your client list will be empty.

The Business of Coaching

However, having a successful coaching business takes a separate set of skills. These skills are necessary to the successful operation of a business. Anyone who has ever owned a business, from a small home-based one to a large multiple location company, knows that having the right business skills usually means the difference between success and failure.

The business and practice of coaching not only means you have top-notch coaching ability, it also means you have the required business skills needed to run a profitable business.

Good business skills will help you:

  • Define your coaching niche and target a profitable market perfect for your skills.
  • Build a coaching business relevant to your community and to the changing dynamics of the coaching industry.
  • Learn how to market and implement the right marketing strategies to attract new clients and retain current and past clients.
  •  Learn how to properly handle administrative tasks, such as licensing, taxes, business plans, office space and location, and other important business administrative duties.
  • Set your fees correctly and subsequently raise or lower your fees if needed.
  • Ensure that your business adheres to and exceeds all ethical and legal standards.

Understanding the Business and Practice of Coaching Means Success

There are certainly people who are so talented at what they do that they can still be successful without the right business acumen. However, even these people would probably be more successful if they learned and practiced good business skills.

For most individuals striving to become established coaches, the combination of both the practice and the business of coaching is crucial for success in a very competitive industry. Successful coaches are usually great at helping people obtain their goals, and they are also great at operating a business in today’s fast-paced, uber-competitive market.

Know how to Coach and know how to run a business? Then, know that you will have a very successful career.

Hope you took some great value out of this post today! I’d love to hear your feedback, so make sure you leave a comment with your thoughts or questions. And also, you can click on the Twitter button below to retweet this article… Thank you!

Fred Philips
Business Coach
Writing Team, Coaches Training Blog Community

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What is Leadership Coaching and Why do You Need it More Than Ever?


What is leadership coaching and why is it needed in our modern world? Let’s first define what leadership coaching is.

What is Leadership Coaching?

Leadership coaching is a personal development process that enhances an individual’s ability to lead people to achieve professional and personal objectives, often within the framework of an organization and within the context of organizational goals.

What is a Leadership Coach?

A leadership coach is someone who empowers managers, executives, business owners, and CEOs to excel in their leadership positions and roles. They understand that there are different leadership styles and work with individuals to find the style that best suits them. Leadership coaches cultivate talent and create business leaders.

Why Leadership Coaching is Needed Now More Than Ever

Technology has made many things easier, but it has also made the business world a more complex environment. Yes, technology has flattened the Earth and provided corporate leaders with the ability to make something happen on the other side of the globe with the push of a button or the click of a mouse. However, the more you can do, the more you need to know.

A Few Reasons Leadership Coaching is Crucial to Success:

  • Jobs are more complex
  • Corporate structure is more complex
  • The world moves faster and to keep up, your company needs to move faster
  • Change is more rapid and more often – the right leadership makes change easier
  • Executives are more open to outside help than they once were
  • Modern organizations have a flatter structure, making personnel issues even more important

Is Leadership Coaching Worth the Money?

Hiring a coach is an investment of a company’s time and resources. Before investing these resources, any CEO or executive should be asking: What is leadership coaching and is it really a valuable investment?

The answer is: Coaching works. It has been proven to work time and time again. Studies prove that it works. Is it any wonder that top corporations, such as GM, Hewlett-Packard, Xerox, and IBM hire coaches to improve performance and productivity?

According to the Hay Group, a large human resources consulting firm, between 25 and 40 percent of Fortune 500 companies use coaches with their executives. Of course, every company has to do their own analysis of the ROI for coaching, but examples abound of the value of coaching.

What is Leadership Coaching and What Can it Do For Your Company?

  • Coaching focuses on learning new leadership skills and more effective behaviors.
  • Coaching focuses on applied insight under real-world conditions.
  • Coaching affords opportunities for growth within the context of business objectives and goals.
  • Coaching helps to identify goals, which leads to more focused strategies and behavior.
  • Coaching can help pave the way for better employer-employee relationships, which leads to increased productivity.
  • Coaching will eventually impact the bottom line and lead to increased profits due to improved productivity.

What is leadership coaching? It is something needed now more than ever in our fast-paced, highly-competitive business world. You want to keep up? Hire a leadership coach to get the most out of your company’s leaders.

Hope you took some great value out of this post today! I’d love to hear your feedback, so make sure you leave a comment with your thoughts or questions. And also, you can click on the Twitter button below to retweet this article… Thank you!

Fred Philips
Business Coach
Writing Team, Coaches Training Blog Community

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Helping Save the Youth of America With Youth Life Coaching


Youth life coaching – why would anyone need that? Most youths don’t have to pay the bills, worry about careers and job layoffs, and all the other stresses that adults are faced with each and every day.

However, our fast-paced, often stressful world has filtered down to our nation’s youths. It’s tough being a teenager these days. School is more difficult and competitive, getting into college is like trying to win an Olympic race, and even finding a summer job is replete with numerous challenges (competition, lack of opportunities, etc.).

Even an aging baby boomer like me can see that it’s damn difficult for a youth to find their place in the world in the 21st century. The need for youth life coaching may just be a sign of a rapidly changing world.

What is a Youth life Coach

A life coach specializing in youths will provide support, encouragement, and motivation for teenagers and young adults. Youths often need an unbiased person with whom to share their thoughts or desires. Parents, teachers, sports coaches, even friends, as well-intentioned as they may be, are not unbiased.

Life coaches make no judgments; they merely help youths identify their goals, passions, and talents. Once a picture is created for what the youth wants out of school, relationships, and life, youth life coaching can provide practical skills and a guide to achieving those goals.

What Can Youth Life Coaching do for a Youth?

An old adage; Youth is wasted on the youth. There is no doubt this is true to a certain extent. As we age, we all come to the conclusion that another saying is also true: If I had only known then what I know now.

These truisms of growing up and growing old will probably never change. However, it is possible to prevent youths from wasting too much of their youth, or to help them know as much as possible while still young.

Here are a few of the issues and problems for which youth life coaching is helpful:

  • Communication with family members, teachers, and other important adults
  • Self-esteem and confidence
  • Identifying what they want out of school
  • Identifying what they dream about for the future
  • Reversing destructive or bad behavior
  • Stress management (yes, youths, even without bills and adult responsibilities, experience plenty of stress in the modern world)
  • Understanding and controlling emotions and placing them into their proper context
  • How to live independently
  • Understanding what success means to each individual
  • Finding ways to relax and recharge and just have fun (yes, we are all supposed to have fun. All work and no play makes Jack a dull boy!)

Life coaching – it’s just not for adults any more. It’s for kids, too! Though it is highly doubtful that too many toddlers will be needing the services of a life coach, there is no question that life coaching for teenagers is a growing field because it provides so many potential benefits at a critical time of life.

Some adults may think youth life coaching is a waste of time or only for those kids who are deeply troubled. However, coaching is really not for those with severe problems. It is for people who want to maximize their potential and reach their goals. Don’t we all want that for the young people of America and the world?

By the way… you’re invited to claim your FREE step-by-step “30-Days to Become a Coach” video toolkit. Just go HERE now to get your 30-day coaching blueprint videos.

Fred Philips
Business Coach
Writing Team, Coaches Training Blog Community

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What to do to Become a Life Coach in 13 Steps


What to do to become a life coach? What do you need to do to enter one of the most dynamic and rewarding fields?

Why Life Coaching?

Diagnosis is out and personal coaching is in. No one is running to a psychologist if their life is slightly imperfect. However, people are beginning to flock to life coaches when things are slightly askew. People are forking out plenty of hard-earned cash to change their lives – that’s why life coaching is a great field.

That’s why people everywhere are asking: What to do to become a life coach?

What to do to Become a Life Coach?

The first step – Get started! Do something! Some people get bogged down by the details. They see several steps ahead of them and get overwhelmed. A journey starts with the first step – so take it!

13 Steps to Becoming a Life Coach

You really want to know what to do to become a life coach? Follow these 14 steps, or follow at least most of them and you will become a life coach!

  1. Go to college. If that ship has sailed, you can certainly make it as a life coach without college.
  2. If you do go to college, degrees in psychology, social work, and counseling are the best.
  3. Take classes through an accredited coaching program. Don’t base your decision completely on price – look for convenience, specific classes, and mentor coaches. Talk to the school and look for reviews and testimonials before you sign up.
  4. Get certified. Certification through the ICF (International Coach Federation) is one of the best.
  5. Set up your business. Don’t quit your job right away. Create your business according to the laws of your city and state, create a business plan, and figure out how you are going to run your business (use an office, at home, part-time, etc.)
  6. Decide if you want to coach within a niche. Niches can be anything from specializing in single mothers to working with recent college graduates.
  7. Attend seminars. At seminars you can continue your education, learn new skills, meet other coaches, and perhaps rub shoulders and learn from the big-wigs in the industry.
  8. Get mentored. Even if you had some mentor coaching in your coaching program, it is important to continue with mentoring. You can do this individually or as part of a group.
  9. Learn as much as you can about coaching. You should buy as many books and DVDs you can afford. There is plenty of valuable information packed into the right books and DVDs.
  10. List yourself in various coaching directories. The more you spread your name around, the more you will get noticed. No list of items on what to do to become a life coach is complete without the importance of networking.
  11. Begin to market and promote. You will have to market yourself if you want to succeed in the business. If you hate marketing, get someone to do it for you. It is a necessary evil!
  12. Get some free clients. Yes, you may have to give your services away for free at first. Coach some family members, friends, or friends of friends for free. This gives you some experience and may generate some word-of-mouth advertising for your practice.
  13. Enjoy it! What to do to become a life coach has now become; “What to do now that you have become a life coach.” The answer – Enjoy it! You are in a great field with the chance to make good money while helping others lead a better life.

Hope you took some great value out of this post today! I’d love to hear your feedback, so make sure you leave a comment with your thoughts or questions. And also, you can click on the Twitter button below to retweet this article… Thank you!

Fred Philips
Business Coach
Writing Team, Coaches Training Blog Community

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What Does a Money Coach Do and Why You Need One!


What does a money coach do? If you are asking this question, there is a good chance you might need one

What Does a Money Coach Do – the Short Answer

A money coach helps each client gain an understanding of their finances and together they create ways to reach the client’s financial goals.

Why a Money Coach?

Do you carry credit card balances month to month to month? If so, you just might need a money coach. Is your credit score lower than the batting averages of most major league baseball teams? If so, you just might need a money coach. Does you retirement account have too few digits and your total debt have too many? If so, you just might need a money coach.

Life coaches can help you improve your life. Wellness coaches can help you improve your health. Career coaches can help you find the career you want. What does a money coach do? Money coaches can help you improve your finances and assist you on the road to having the money you want!

What Does a Money Coach Do – the Long Answer

A money coach will help you reign in your spending and create order out of financial chaos. However, money coaches are not investment advisers or debt counselors. Here is what a money coach can do for you and why you need one:

  • Help clients learn to track their spending. When they do this, most clients realize that what they thought they were spending was WAY less than what they are actually spending.
  • Motivate clients to realize that they must always know where there money is going.
  • Help clients identify and prioritize goals. What is the most important after paying all bills (yes – paying bills is a priority!)? Getting out of debt, family vacations, education, retirement – what is most important?
  • Work with clients on changing behavior. Ignoring bills, thinking credit cards are the answer, letting debt accumulate, bouncing checks, shopping as therapy, eating out night after night – all these habits are anathema to getting rid of the financial chaos in life.
  • Help lay down a foundation for financial investment – retirement accounts, college accounts, emergency funds, etc. Though a money coach is not an investment specialist, they can guide clients toward the right type of investment and help them create goals for their investments.
  • Inspire clients to get rid of the past and look to the future. Get rid of that emotional baggage because you may have screwed up your finances the past decade or two. Pay past debt and then forget it and look to the future. Once you hire a money coach, that old adage applies – today is the first day of the rest of your life.

What does a money coach do? Money coaches empower their clients to live the life they want by helping them find their own inner financial guru.

SPECIAL BONUS — If you would like step-by-step blueprints for generating a massive income from high paying coaching clients, I invite you to claim your FREE ACCESS to the “Life Coach Salary Secrets” video toolkit. Go HERE to get it FREE.

Fred Philips
Business Coach
Writing Team, Coaches Training Blog Community

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