Harvard Business Review reports that coaching is a $1 billion a year industry, but just what is a personal coach, professional coach, or life coach and why are so many executives and individuals using them to catapult their careers, break free from 9-5 jobs, and to create better, more fulfilling, richer lives?
http://www.cbsnews.com/news/top-10-professional-life-coaching-myths/
What's the difference between a life coach, a business coach and an executive coach? Sherpa's definition of an executive coach is someone who coaches executives on behavioral issues, which basically means an executive coach is a life coach for executives.
http://www.schoolofcoachingmastery.com/coaching-blog/bid/82347/Life-Coach-Salary-How-Much-Money-Do-Professional-Coaches-Make
However they do offer some clues. Average coaching salaries according to Sherpa: 1  Executive Coaches make $325 per hour. 2  Business Coaches make $235 per hour. 3  Life Coaches make $160 per hour.
http://www.schoolofcoachingmastery.com/coaching-blog/bid/82347/Life-Coach-Salary-How-Much-Money-Do-Professional-Coaches-Make
Many people 'coaching' have no idea what coaching is as they haven't been trained or haven't been coached by a professionally trained and credentialed coach. There are 'schools' that will offer a credential after three hours of training and people read a book or watch a TV program and decide 'I'm a coach!'.
http://www.cbsnews.com/news/top-10-professional-life-coaching-myths/
One of the earliest life coach training institutions, Coach U, was founded in 1992 by Thomas Leonard, known as the Father of Coaching.. Coach U offers a mixture of in-person and distance learning classes leading to certification as a life coach.
http://work.chron.com/salaries-careers-life-coach-3399.html
Since life coaching was not recognized as a profession by the BLS as of 2012, statistics on the future growth of life coaching jobs are not yet available.
http://work.chron.com/salaries-careers-life-coach-3399.html
Jay Black Thank you for posting this blog. I think that it is imperative for coaches to understand what the average salary is for their type/model of coaching. As a virtual assistant to many coaches, I cannot count how many times I have had this discussion with new coaches. Thanks again for sharing this information.
http://www.schoolofcoachingmastery.com/coaching-blog/bid/82347/Life-Coach-Salary-How-Much-Money-Do-Professional-Coaches-Make
Life coaches help people set goals and plan steps to meet those goals during major personal transitions, such as divorce and job changes. Life coaching has similarities to career counseling, but encompasses additional areas of peoples' lives beyond their careers.
http://work.chron.com/salaries-careers-life-coach-3399.html
The professions closest to life coaching, school and career counseling, show a median national pay of $53,380 per year, according to the Bureau. A Forbes magazine article, Surprising Six-Figure Jobs, estimated that 20 percent of approximately 10,000 registered life coaches make more than $100,000 per year.
http://work.chron.com/salaries-careers-life-coach-3399.html
As with any growing profession, there can be a lot of confusion. To help distinguish fact from fiction, click through the pages to read the top 10 personal coaching myths... Top 10 Professional Life Coaching Myths. Myth #1: Life coaches are professionals who can help you achieve your goals. Fact: Some, but certainly not all coaches are professionals who can help you reach your goals. One of the problems in the coaching industry is that anyone can call themselves a professional coach, life coach, personal coach, etc.
http://www.cbsnews.com/news/top-10-professional-life-coaching-myths/
what is the income of a life coach
The income of a life coach is $160 per hour.