{"id":21190,"date":"2018-03-13T01:44:24","date_gmt":"2018-03-13T09:44:24","guid":{"rendered":"http:\/\/coachestrainingblog.com\/becomeacoach\/?p=21190"},"modified":"2018-03-13T06:09:08","modified_gmt":"2018-03-13T14:09:08","slug":"whats-your-salary-life-coach","status":"publish","type":"post","link":"https:\/\/coachestrainingblog.com\/becomeacoach\/whats-your-salary-life-coach\/","title":{"rendered":"What\u2019s Your Salary Life Coach?"},"content":{"rendered":"

What\u2019s your salary \u2013 life coach<\/strong><\/a>?<\/p>\n

That\u2019s a great question, and probably one anyone should consider before getting into the life coaching field.<\/p>\n

\"Salary
Salary Life Coach – Andriy Popov \u00a9 123RF.com<\/figcaption><\/figure>\n

Make a Difference and Make Money<\/h3>\n

Most coaches get into the field because they want to help people reach their goals and dreams. They see life coaching as a dynamic industry in which you get to help others while making a living. Many see coaching as a calling.<\/p>\n

However, no matter how noble your intentions are, to continue coaching, you need to make enough money to survive. You want to be able to make a difference and make money! You want to know what kind of salary you can make as a coach.<\/p>\n

Salary: Life Coach<\/h3>\n

Here\u2019s some facts:<\/p>\n

According to Glassdoor.com, the average base salary of a life coach is $42,283. They also list average additional coach compensation as $4130.<\/p>\n

According to a Sherpa study done in 2012, life coach: salary ranges from $55,000 to $116,000. This includes business and executive coaches, which tend to skew the range upwards.<\/p>\n

According to Payscale.com, the range is quite broad: salaries range from $26,763 to $210,464. This survey probably included those working part time and others who have been in the field for many years.<\/p>\n

An International Coach Federation (ICF) study in 2016 found that the average annual income for coaches in North America was $61,900.<\/p>\n

Salary: Life Coach<\/strong>? The answer to that question is: it depends.<\/p>\n

How to Make More Money as a Life Coach<\/h3>\n

If you work for a coaching company or a corporation, your salary is fixed and making additional income is probably not on your radar. However, if you own a practice and work for yourself, you are probably looking for ways to increase your income and salary. Life coach<\/strong> income can depend on many factors and also allows for additional streams of income.<\/p>\n

Here are a few things to consider when looking for more income as a life coach:<\/p>\n

    \n
  • Experience matters. Have patience and if you build your reputation and client base, your income will gradually increase.<\/li>\n
  • Expertise matters. Continue your education through programs, classes, and seminars. Earn additional certifications and continually pursue more knowledge \u2013 your income will eventually reflect your expertise.<\/li>\n
  • Marketing matters. You probably hate it, but it is a necessary evil. In today\u2019s digital world, marketing can be easier than in the old days. You don\u2019t have to cold call or pay for newspaper ads \u2013 build a website, use social media, advertise online (free and paid), write content, and promote. Don\u2019t forget old-school networking as a time-based, yet free form of promotion.<\/li>\n
  • Additional streams of income matter. This is how a coach can move beyond one-on-one coaching and really boost their salary. Life coach income can be increase through group coaching, seminar and workshop coaching, articles, DVDs, books, and online coaching.<\/li>\n
  • Niches matter. If you can create a unique niche, you can make yourself a big fish in a small pond. With less competition, you can brand yourself an expert. Just be careful not to narrow your target market too much!<\/li>\n<\/ul>\n

    By the way\u2026 you\u2019re invited to claim your FREE step-by-step \u201c<\/i>