You have stumbled across the coaching opportunity or online coaching opportunity, and you are thinking, how is it possible to become a full-time online coach?
Glad to have you here on my Highly paid coach blog, in this article, I will paint to you a full picture of how can you utilize your skills, expertise, and gifts, help other people advance in life, and earn a financial income doing it.
I will teach you how do you position yourself as an expert online coach, and share with you a process of how can you enroll your first (higher-paying) online coaching client.
I will also provide you with “the systems” or things to be doing, through which you achieve consistency with your marketing and sales activities, so you can achieve “sustainability” with your life coaching business (and continuous client enrolment).
Let’s begin.
WHAT ARE WE GOING TO COVER:
Why would you want to become a life coach?
Here is the thing. Becoming an online coach in this modern era of the internet, social media, and other technology is an ultimate opportunity.
Anyone, who can add value to other people’s lives, can become an online course creator, educator, coach or a service provider.
If you position yourself correctly (your value, coaching offer), build an online presence, and learn a few marketing and sales conversion techniques, you can start being paid for your “life experience” and the transformations you would provide to other people.
The benefits of starting an online life coaching business
Doing this work, you make a great impact on other people’s lives – this provides you with absolute fulfillment, and you fulfill your purpose
You can work from “home”, on your own schedule – which is a great benefit, but a huge responsibility. Working on your own and starting your own business requires a lot of discipline
You can set your own “price” of how much you want to be paid – you can charge your own prices for the value you deliver to others ($1k-$5k or more for your client packages), and the more you increase your demand, the more you can charge
You only need to enroll 2-3 higher-paying clients per month, to earn a full time online income as a coach – and throughout this article I will teach you how to start enrolling them into your practice
Yes, these benefits sound pretty attractive, but hey, to achieve them, it will require from you quite some effort put into your growth …
The mindset and sacrifices needed to make
Here are a few things that you will need to take into account, and what you will need to sacrifice to achieve this promised “ideal lifestyle of your own choice” by building an online life coaching business.
Commitment
Firstly and most importantly, you will need a commitment that you will do anything needed to build up your online practice.
On your growth journey you will be challenged with quite a few “obstacles”, questions, lack of knowledge and experience, that you will need to overcome.
And you will need to be willing to preserve through those, and stay focused to avoid the distractions that life has to provide you with.
Knowledge
Secondly, you will need to turn yourself into a great student. You will need to accept that you become “a learner” of two things:
- Improvement of your own coaching expertise – You improving your methods through which you deliver great outcomes to “your clients”
- Learning the online coaching industry in-and-out – marketing and sales – Studying the online growth methods, content marketing, sales conversion techniques through which you attract more clients to you
Both of these “knowledge requirements” are equally important. If you don’t know how to do the marketing and sales part, and if you don’t do the work, you won’t ever be able to work with new clients.
At the same time, if you don’t provide other people with “great transformatinos”, they won’t get results, and they won’t recommend more people to work with you and provide you with great testimonials.
Discipline
With all of that said, the third requirement you will need is having some discipline. To build a sustainable long-term online business, it will require you to do the work.
You will need to become passionate about building your online life coaching presence, content creation, engaging with potential clients, serving them, etc.
And this will require 1-3 hours minimum of your daily effort. If you won’t be able to accept your online coaching business growth activities (and social media marketing tasks) as part of your daily lifestyle – and doing the work – you won’t be able to prosper and get ahead toward your end goal of building a full-time online coaching income.
Now, after I thought you about a few “mindset” requirements that you will need to posses to build your online coaching business, let’s move into clarifying the value that you will be delivering to others.
Decide on the coaching niche in which you will be delivering to people major outcomes
The first step to becoming an online coach is deciding on “the value” or the outcome that you will be delivering to people.
You will need to choose a niche or a segment of people that you will serve.
There exist a few main life aspects in which people need help.
People are looking to live that “ideal lifestyle”, have the perfect life balance in life, and have all their life aspects sorted out!
But hey! To achieve that status of being perfectly aligned with your purpose, have the most happiness, fulfilment and everything “alright” in life, is not that easy!
So, people struggle a lot in all possible aspects of life.
People want to know what to do next in life, they need guidance!
Firstly, I am going to introduce you to a few coaching and course creation niches, and then I will share with you a few questions that you should ask yourself to pick one.
- Mindset coaching – Spirituality, life balance, manifestations, emotions, confidence
- Relationships coaching – Dating, marriage, teamwork, leadership
- Health coaching – Health solutions, weight-loss, fitness
- Business and Career coaching – Money, business, job promotion, productivity
- Courses and Hobbies – Instrument, sports, cooking, …
I have written a separate more in-depth article where I state all the possible coaching, course creation and service providing niches. Read it here.
To choose your niche and identify your “expertise” ask yours the following questions:
- What are the challenges that you went through and have successfully overcome?
- ANSWER:
- What are your current gifts, skills, and expertise?!
- ANSWER:
- What are the things that come easy to you – but are harder for others to figure out?
- ANSWER:
- Which of those are you the most passionate about?
- ANSWER:
- What would you like to be the most known for?
- ANSWER:
- If you have already worked with any clients previously, what is that you helped them with, and what are the outcomes they achieved?
- ANSWER:
Now, decide on the niche category in which you would like to participate as an online life coach. Write it down.
(Example: I help you lose weight by mastering nutrition, optimizing meal planning, and improving your exercising skills)
THE MAJOR OUTCOME THAT I DELIVER TO OTHERS IS: __________________________
Deciding on the major outcome, you don’t need to overcomplicate it right now. We just wanted to think about an overall picture of the niche industry that you will be focused on helping.
Creating a signature coaching program
What you will need next is a coaching offer-higher valued coaching program.
There exist a few types of “services” that an online coach can provide other people with – from “mini $7-courses”, $50 per month memberships, $297-$1k courses, $1k-$5k group or 1-1 coaching, or even $5k-$25k masterminds.
But as a starting life coach you should first come up with a middle ground signature package through which you deliver a major transformation to the other person.
We will call this “package” a Signature coaching program. It will consist of:
- A transformational course
- 1-1 coaching services (12 weekly 1-1 coaching sessions)
- FB group support community
- DM/E-mail support
The price point of this offer should be around $2,000-$4,000.
I wrote a separate in-depth article where I teach how to create a very structured transformational online course and come up with a higher-valued coaching package – The signature program.
You can read it here: Creating a course/signature coaching program
I didn’t want to go that much in-depth with it in this article, so I can focus more on covering the full picture of becoming a full-time online coach.