How Does a Life coach Determine His Salary?
When a life coach does his job, it is not really the money that he gets from it that primarily motivates him. Despite this, he is also someone who needs to earn a living. If life coaching is your career, then you need to know how much you are going to earn in order to keep up with your lifestyle.
Most life coaches are their own bosses, or self-employed. This is the reason why they determine their own wages. There is a wide range of fess that life coaches charge, and they come in the range from over a hundred dollars to over a thousand dollars per session. His experience, reputation, and coaching type determines the amount the life coach charges. If a life coach has attained a status from many years of experience and a good reputation, then expect him to charge a higher fee.
When a life coach charges you a fee, it usually is composed of many items. Life coaches do not only charge for the session, but also for consultation, the preparation, the follow-up, and the time it takes to get to know his client. If you go one-on-one with a life coach, you pay more than when joining a group session.
Fees are not published in life coach websites. Clients will be scared away if they see the high charges that a life coach offers. On the other hand, if they see that your fees is a lot lower, they might think that the quality of your coaching is also lower. Life coaches usually discuss fees during consultation or over the phone.
Many coaches struggle with charging fees. They feel bad charging high fees, as though their services are not worth it. The truth is that life coaches offer valuable service that is worth what you pay for. Life coaches perform valuable service that is well worth the fees. The sooner you realize this, the better off your business will be.
If you need to boost your salary, follow the tips below. If you fees are low and you think you deserve more, there are some things you can do to boost your salary.
Try coaching in groups since one on one session are very time consuming. Group sessions are more effective when it comes to time. Groups sessions need less time and you can earn more money than you can with one-on-one sessions.
Boosting your salary can be done by coaching corporations. Corporations can easily pay for coaching sessions. A certified life coach is in demand in many corporations today.
Try earning income in other ways. The following can be done by a life coach too: write books or e-books, hold workshops and seminars, and speak at public events.