Could you start a Coaching Business?
Jan 15, 2025👋Welcome all Entrepreneurs to 'The Thriving Start-Up'
This weekly newsletter is here to guide you to Start, Grow & Thrive as you turn your business dreams into reality.
I’ve had an interesting week this week - a few people have approached me to ask if I can help share some guidance on how to start a Coaching Business.
My response: It would be my pleasure!
But first, let’s ease you into this week's article with an olde faithful…
❝There once was a coach full of might,
Whose wisdom brought others to light.
They shared what they knew,
Built a business brand-new,
And their own dream came into sight.❞
So, does the world of coaching interest you?
Have you ever thought about taking everything you know:
- Your Skills
- Your Expertise
- Your Life Lessons
…and turning it into a business that helps others?
If so, starting a coaching business could be the perfect fit for you.
It also comes with a first hand recommendation from me - it’s amazing!
The world is crying out for more great coaches.
People are looking for guidance, support, and practical advice to help them achieve their goals.
By stepping into this role, you not only make an impact on others’ lives but also create a purposeful and fulfilling career for yourself.
Are you up for it?
Why Start a Coaching Business?
- Your knowledge has Value. Over the years, you’ve built up experience and expertise that others could benefit from. Whether it’s in business, health, personal development, or something else, your insights can guide others to success.
- It’s incredibly Fulfilling. As a coach, you’ll see the direct impact of your work. Helping someone solve a problem or achieve their goals is rewarding on a whole new level. Personally, I love being a coach because it gives me a sense of purpose and it’s addictive.
- You can build a thriving business. Coaching allows you to create a flexible, client-focused business. By offering a service based on your knowledge, you build a business around your passion while earning a sustainable income.There’s also the opportunity to explore passive income strategies too.
How to Start Your Coaching Business
If you’re ready to explore coaching, here’s where to begin:
1. Write Down What You Know
Start by listing your areas of expertise. Ask yourself:
- What do people often come to me for advice about?
- What skills or knowledge do I have that others might want to learn?
- What problems have I solved in my career or personal life?
This step will give you clarity on what you can offer as a coach.
2. Define Your Ideal Client
Your business will thrive when you know who you’re helping. Think about:
- Who would benefit most from your knowledge?
- What challenges or goals do they have?
- How can you position yourself as the coach they need?
For example, are you best suited to help new entrepreneurs, busy professionals, or people looking to change careers? Narrowing this down will make it easier to market your services.
3. Create 3 Coaching Packages
Think about what your clients might need and create a few options for them:
- A starter package: a one-off session for advice.
- A short-term package: 4-6 weeks of coaching to tackle a specific goal.
- A long-term package: a more in-depth package for ongoing support and transformation.
Give clients the power of choice that works with their goals and their budget.
Your Impact as a Coach
Coaching is about more than just running a business.
It’s about making a real difference in people’s lives.
The knowledge and experiences you’ve gained can guide others to success, while giving you the satisfaction of knowing you’ve helped someone achieve something they didn’t think was possible.
So, could you start a coaching business?
Absolutely!
👋How I can help you
- Join the Waiting List for my new course where I will show you how to turn your idea into a dream Business in 30 Days
- If you’re ready to take your business dream seriously, I would love to work with you 1:1. I offer a 30 day programme to support you to Start, Grow & Thrive in business. Book a free discovery call and let’s talk about your business - HERE
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Behind The Thriving Start-up
If you're dreaming of starting your own business while balancing a full-time job, know that you're not alone—and it is achievable. I'm passionate about helping other entrepreneurs bring their visions to life (and yes, I know everyone says that, but I truly mean it!). With focus, discipline, and a strong belief in your abilities, you, too, can turn your business vision into reality - and that’s the mission behind The Thriving Start-up.