If you are thinking about a change of direction in your career, how about starting a career coach business? Coaching is a hot industry and it is only going to get hotter as more people seek ways to improve their careers and their lives.
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Starting a Career Coaching Business
One of the silver linings out of the economic issues we've had since the recession began in 2008 is that there are new opportunities for businesses. Though career coaching has existed for some time, the economic downturn makes a career coach business an even more viable option.
It's tough going in the job market, and plenty of people need a helping hand if they want to find the right career, land the right job, and discover where they want their careers to go. This is why career coaching is so important in our new global economy.
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What Background Do You Need to Start a Career Coach Business?
The great thing about career coaching is that individuals with all types of backgrounds and experience can switch to this field with proper training. Degrees that may help are counseling, sociology, psychiatry, business, and other related fields. However, having a degree in these fields, or any field, is definitely not a prerequisite.
Having business experience or your own career experience can be just as important as any degree. Also, when you decide to become a coach, the right coaching program can help you obtain the knowledge and help you learn the skills needed to succeed in the career coach business.
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Show Me the Money
According to the Bureau of Labor Statistics, career counselors or coaches make an mean annual wage of over $40,000. However, the real money to be made is having your own career coach business – the BLS notes that "self-employed counselors who have well established practices...usually have the highest earnings." Yes – you can find work with a career counseling firm or agency, but the big money comes when you step out on your own and start your own business.
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Getting Started as a Career Coach
Get trained. Yes – this is important. You don't actually need to have training or any certifications, but it is crucial you get the right training before you begin. With the coaching field getting more competitive every day, you need to make sure you have what it takes to attract and retain clients – a certification helps. Find an accredited coaching program that offers a flexible learning schedule, a career coach specialty, mentor coaching, and a solid reputation.
When you begin, you can cast a wide net at first, but chances are you will have to narrow your focus and find a niche. However, concentrate on getting clients through good promotional techniques – networking, free speaking engagements, offering free information or services, social media, and plain old fashioned advertising.
Coaching is a rewarding career, but it isn't easy. It takes hard work, dedication to your clients, continuing education, persistence, patience, and more hard work.
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Making Real Money as a Career Coach
If you really want to see the money, you have to get your business going with more than one cylinder. A one cylinder engine isn't very powerful, is it? But, an eight cylinder engine can really go!
One-one-one coaching is usually the foundation of a career coach business, but to get the real money flowing, you should seek out alternate streams of income. Group coaching, writing books, creating DVDs and CDs, hosting webinars and seminars – these are all great ways to bring money in through different channels.
Becoming a career coach is a great way to have your own great career. You're helping others achieve their career dreams while at the same time, achieving your own career goals and dreams! Because of this, a career coach business is one of the best businesses to start!
Â
Starting a Career Coaching Business
One of the silver linings out of the economic issues we've had since the recession began in 2008 is that there are new opportunities for businesses. Though career coaching has existed for some time, the economic downturn makes a career coach business an even more viable option.
It's tough going in the job market, and plenty of people need a helping hand if they want to find the right career, land the right job, and discover where they want their careers to go. This is why career coaching is so important in our new global economy.
Â
What Background Do You Need to Start a Career Coach Business?
The great thing about career coaching is that individuals with all types of backgrounds and experience can switch to this field with proper training. Degrees that may help are counseling, sociology, psychiatry, business, and other related fields. However, having a degree in these fields, or any field, is definitely not a prerequisite.
Having business experience or your own career experience can be just as important as any degree. Also, when you decide to become a coach, the right coaching program can help you obtain the knowledge and help you learn the skills needed to succeed in the career coach business.
Â
Show Me the Money
According to the Bureau of Labor Statistics, career counselors or coaches make an mean annual wage of over $40,000. However, the real money to be made is having your own career coach business – the BLS notes that "self-employed counselors who have well established practices...usually have the highest earnings." Yes – you can find work with a career counseling firm or agency, but the big money comes when you step out on your own and start your own business.
Â
Getting Started as a Career Coach
Get trained. Yes – this is important. You don't actually need to have training or any certifications, but it is crucial you get the right training before you begin. With the coaching field getting more competitive every day, you need to make sure you have what it takes to attract and retain clients – a certification helps. Find an accredited coaching program that offers a flexible learning schedule, a career coach specialty, mentor coaching, and a solid reputation.
When you begin, you can cast a wide net at first, but chances are you will have to narrow your focus and find a niche. However, concentrate on getting clients through good promotional techniques – networking, free speaking engagements, offering free information or services, social media, and plain old fashioned advertising.
Coaching is a rewarding career, but it isn't easy. It takes hard work, dedication to your clients, continuing education, persistence, patience, and more hard work.
Â
Making Real Money as a Career Coach
If you really want to see the money, you have to get your business going with more than one cylinder. A one cylinder engine isn't very powerful, is it? But, an eight cylinder engine can really go!
One-one-one coaching is usually the foundation of a career coach business, but to get the real money flowing, you should seek out alternate streams of income. Group coaching, writing books, creating DVDs and CDs, hosting webinars and seminars – these are all great ways to bring money in through different channels.
Becoming a career coach is a great way to have your own great career. You're helping others achieve their career dreams while at the same time, achieving your own career goals and dreams! Because of this, a career coach business is one of the best businesses to start!
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