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What Does a Life Coach Make?

In the past few years, the life coaching profession has experienced tremendous growth. Life coaches can help people live their lives to the fullest. Once people consider the cost of becoming a life coach—including if a life coach needs a license and the price of ICF life coach certification online—people want to explore how much a life coach can make. 

Of course, there isn’t one-size-fits-all when it comes to the salary of a life coach. On average, a life coach makes about $62 per hour, but many factors can affect that number. 

Location

If your life coach practice is in an affluent area, you can likely charge more. Other geographical factors, including state taxes and licenses, can eat into your earnings.

Type of Employment

If you’re self-employed, you get to set how much you charge hourly, which may not be the case if you work in an office or have a manager. Additionally, you can make more if you work full time rather than part time.

Experience

Veterans in the life coach industry tend to be more sought after than professionals who are just starting their careers, so they’re able to charge more.

Level of Education

The more educated you are in the field, the higher your salary is likely to be—this includes both formal education and certifications.

What’s the Outlook for the Life Coaching Profession?

It’s safe to say that the future is bright for those who are considering a career as a life coach. The industry has been growing steadily year over year, which is in sharp contrast to other industries. This steady growth can be attributed to the fact that both organizations and individuals have understood the value of intentional improvement. In the coming years, the life coaching industry is likely to favor professions that focus on:

  • Weight management
  • Relationships
  • Money
  • Life transitioning

Is There Stiff Competition?

Definitely–you should expect competition from like-minded individuals and companies because the profession is highly lucrative. As such, it’s imperative to have a strong foundation by attaining the required formal education and being mentored by veterans in the field.

It may be a great option to start off working for a life coaching company in order to learn from the best before branching out on your own. It can also help to obtain proper certification to help you stand out from life coaches who are just starting. 

Where Does a Life Coach Work?

Thanks to advancements in technology, the world has become a global village. Nowadays, you can work as a life coach from the comfort of your home as long as you have a computer and a stable internet connection, but many coaches opt to work in-person with their clients from an office space.

Conclusion

A life coach profession can be highly lucrative, depending on several factors. That being said, your earning potential is only limited to how hard you work. If you want to earn a stable income, you need a strong foundation, including a formal education and practical experience.

Certified NLP Coach

Program Description: The Certified NLP Coach program allows you to incorporate very powerful NLP techniques you’re your day-to-day coaching practice.

ICF Training Hours: 65

Duration: 25-weeks

Schedule: One 2-hour class per week

Includes certificate: Yes

Certified Organizational Development Coach

Program Description:

The Certified Organizational Development Coach program is an exclusive and very unique program, designed for coaches who wish to coach entire organizations with their Organizational Development and Change Management goals. This program provides you with 65 ICF training hours - more than enough for the ACC credential. Over a series of 25 weekly lectures, it prepares you to deal with volatile group dynamics across entire organizations. Topics including OD interventions, Team Engagement, Buyer Behavior of internal customers, The Tripod of Success, Ensuring Sustainability, Performance-Retention correlation, Strategies to influence behavior - and many more - are covered in detail.

Coaches are introduced to the ARCS Model, as well as to the Organizational Culture Audit Toolkit. Employee motivation, satisfaction, and productivity are discussed, as well as their impact on the performance of the organization as a whole. Students are introduced to various Change Management models including Lewin's Planned Change model, the ADKAR Change Management model, and Kotter's 8 steps of Change Management. Resistance to change and its manifestation are discussed, as is Behavior Modification.

Upon completing this program, Certified Organizational Development Coaches will have all the tools they need to affect positive transformation within organizations, and will be able to coach teams and personnel at all levels - including initiators, decision makers, influencers, and intervention implementers.

In addition to coaches who are launching their own Corporate Coaching practices, this is an essential program for HR professionals, Training and Development Professionals, Managers, and Corporate Leaders who wish to implement internal policies and OD processes to guide their companies and people through ongoing change.

ICF Training Hours: 65

Duration: 25-weeks

Schedule: One 2-hour class per week

Includes certificate: Yes

Certified Executive Coach

Program Description

The Certified Executive Coach program has been designed for coaches who wish to coach managers, executives, and corporate leaders. The goal of this program is to cultivate a deep understanding of how the executive coaching process works as well as some of the challenges that come up in executive coaching conversations.

This program has been approved by the International Coaching Federation for 32 hours, and it comprises of 12 live, instructor-led, fully interactive virtual classes offered over zoom. These classes cover various aspects of executive coaching including, but not limited to Effective Collaboration, Performance Management, Upskilling, Conflict Management, Effective Collaboration, Developing Team Members, and many more.

This program has a very unique, hands-on, experiential structure. Classes are focused on active participation by students through real life Coaching Challenges and discussions of real life executive coaching situations.

ICF Training Hours: 32

Duration: 12-weeks

Schedule: One 2-hour class per week

Includes certificate: Yes

Certified Life Coach

Program Description:

The Certified life Coach program is an essential program for anyone considering coaching as a profession. The goal of this program is to create a deep understanding of the coaching process, along with how and why it is effective in catalyzing shifts in the mindset to create positive, sustainable transformation.

The training is based on the ICF’s core coaching competencies. It focuses on skills that lead to effective coaching conversations and that are required to build a successful coaching business. It evokes awareness about how identity, thoughts, and feelings determine mindset; and why a change in Think Feel Do impacts the achievement of goals though a change in this mindset.

This program is approved by the International Coaching Federation for 95 hours and comprises 24 live, instructor led, fully interactive virtual sessions offered over Zoom. These lectures cover all aspects of coaching – topics such as Human Emotions and the Brain, Coaching through Emotional Intelligence, The Belief System, Coaching Process and Structure, Deep Listening, Setting Worthy Goals, Asking Insightful Questions, Addressing Client Resistance, Coaching Groups, The Business of Coaching, and many more. These are complemented with a library of reading and reference material, coaching challenges based on various real-life coaching situations, extensive hands-on coaching practice, and assignments designed to trigger reflection on and mastery of coaching skills.

ICF Training Hours: 95

Duration: 24-weeks

Schedule: One 2-hour class per week

Includes certificate: Yes

Class Schedule
ProgramStart DateClass TimesClass Schedule
Certified Life CoachMonday, July 22nd10:30am ET
3:00pm ET
8:00pm ET
Once a week, 2-hours, for 24-weeks
Certified Organizational Development CoachTueday, July 23rd10:30am ET
3:00pm ET
8:00pm ET
Once a week, 2-hours, for 25-weeks
Certified Executive CoachWednesday, July 24th10:30am ET
3:00pm ET
8:00pm ET
Once a week, 2-hours, for 12-weeks
Certified NLP CoachThursday, July 25th10:30am ET
3:00pm ET
8:00pm ET
Once a week, 2-hours, for 25-weeks
Level 1/2 - ACC/PCC
Mentoring
Friday, August 9th10:30am ET (FULL)
3:00pm ET
8:00pm ET
Once a week, 1-hour
for 6-sessions PLUS 4 one-on-
one sessions with mentor
Level 1/2 - ACC/PCC
Mentoring
Friday, September 27th10:30am ETOnce a week, 1-hour
for 6-sessions PLUS 4 one-on-
one sessions with mentor