Have you ever wondered how you can use your industry skills to make a difference in the lives of others? Or have you ever considered what your legacy may be when you one day retire? Perhaps you’ve recently spent a lot of time thinking how you can create a lifestyle that will give you the flexibility to travel and spend more time with friends and family. If you resonate with any of these questions, it might be time to think about the next step in your career – and specifically, transitioning to working as a business coach.
Business coaching is a big business. The sector in the United States alone is estimated to be worth $11 billion. No matter who you are or what you do, everyone can benefit from a little bit of extra advice and support, especially if you’re struggling to progress your career or improve professionally.
That’s where you come in. As a business coach, it’s your role to use your years of experience in your industry to guide and support those who need help professionally. So if you are seeking to use your skills to make a difference in the lives of other, as well as receive greater freedom and flexibility in your career, becoming a business coach is the ideal next step for you.
Why people turn to business coaching
People turn to business coaching for a variety of different reasons. For many, it’s because they want to continue their journey of personal growth and help others in their industry. People with years of industry experience, and those who have plenty of life lessons to share, are the ones who most benefit and enjoy life as a business coach.
And for many, business coaching allows people to give back to others in the same field. It provides you with the opportunity to lead the future generation of your industry while helping them achieve and exceed their goals.
Business coaching: sustainable and flexible
After decades of hard work in your career and industry, business coaching provides you with a lifestyle that offers you the freedom and flexibility to enjoy your passions. Many business coaches enjoy extra travel, as well as spending more time with family and loved ones.
And once you find your groove and secure your first clients, business coaching is also a highly sustainable career. There is no shortage of people who need the expertise and guidance of a business coach and the financial remuneration for your experience and services can be significant.
How business coaching works
Depending on whether you fly solo or join a franchise, the way you run your business coaching sessions will be different. Initially you will meet with your client to discuss their current frustrations or issues, and to also learn about their goals and aspirations. From there you will help them create a road map and provide the tools to help them along their road to success, meeting regularly to keep them on the right track and focused.
Business coaching is all about driving forward action, teaching clients how to refine their goals, gain confidence and identify and commit to a path moving forward.
There is no standard client and you might work with a range of different people depending on your industry and expertise. The one thing clients will likely have in common is that they are seeking ways to transition or progress their careers, build their business or create a more fulfilling and balanced life.
How to become a business coach
Business coaching is ideal for people who have built up decades of experience and life knowledge throughout their career. The more you know and have experienced, the more you can teach those who come to you for guidance. You can work part-time as a business coach or full-time, it’s all up to you.
Once you have identified if business coaching is for you, you can begin the process of taking the next steps in your career. When you join the ActionCOACH franchise, we teach you everything you need to know about the field of business coaching and running a profitable business. What we cannot teach you is how to truly care for your clients and their businesses – that is a trait you should naturally possess.
If you’re thinking about taking the next steps in your career and becoming a business coach, get in touch today to find out how we can work together.