How Much Does a Life Coach Earn?

How Much Does a Life Coach Earn?

In reality it depends quite significantly on how great the life coach is. The really excellent ones can earn upwards of $ 400 per session. Nevertheless, these tend to be the coaches utilised by celebrities and prime enterprise executives. The typical life coach will charge in between $ 40 and $ 100 for a 45 minute face to face session.

So, for the duration of the course of a day a coach could have potentially up to eight slots. If they filled all eight slots they would be earning among $ 320 and $ 800 per day. For a five day week that makes between $ 1600 and $ 4000. Over the course of a year you are talking around $ 75,000 to $ 200,000. Not poor!

However, that is not necessarily realistic as most coaches do not fill all of their slots each day. Excellent coaches will fill the vast majority – so perhaps 6 or 7 out of eight per day. The average life coach will fill around half their slots. These tend to be focused more towards the evenings and weekends so the coach wants to be flexible in order to maximise his or her booking rate.

So if we look at an typical coach, say charging $ 50 per session and filling around 50% of slots averaged over the year. The earnings now looks like $ 200 per day. $ 1,000 per week and around $ 50,000 per annum.

That is a realistic earnings for an average life coach. Nonetheless, the potential to earn more is massive. Remember earning $ 50,000 per annum indicates you are only working 4 hours per day. You can fill the rest of the time with e mail and telephone coaching to increase income. That could raise income by a further $ 25,000 per annum reasonably simply. So now we’re seeking at $ 75,000 per annum as a realistic revenue and operating probably about 6 hours per day, for 5 days a week. Take a couple of weeks off for a holiday and maybe your revenue will drop to around $ 60,000 to $ 70,000 per annum. Not poor, particularly operating from home!

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