Did you know that over half of American workers say that they’re unsatisfied with their jobs? Having a toxic boss is one way that even the best job can turn into a nightmare.
One benefit of becoming a life coach is that you’ll have the opportunity to be your own boss.
Are you wondering about how much a life coach salary is? As your own boss, it can depend on various factors. Keep reading to learn all there is to know about how much life coaches make.
1. The Job of a Life Coach
Have you ever asked yourself, “What is a life coach?” Simply put, a life coach is someone who is trained to give advice to people on a wide range of topics that can affect their overall happiness and wellbeing. You could focus on diet, relationships, spirituality, or all of the above.
Your sessions can be one-on-one with clients or you can combine that with larger, inspirational seminars in which you address an audience.
2. Life Coach Pay
Now that you have a better idea of the job, you’re probably asking yourself, “What do life coaches make?”
Depending on your number of clients, the average salary of a life coach is about $50,000, but it can vary from around $27,000 to a whopping $100,000. If you’re just starting out, the chances are slim that you’ll hit six figures, but the potential for growth is there.
Are you wondering about life coach hourly pay? Those who have less than a year of experience often charge around $130 an hour or less. With decades or more of experience, you can build up to as much as $320 an hour or more.
3. How to Increase Your Salary
With the knowledge of a life coach’s average salary, it’s worth learning about how to increase that salary over time. Simply put, the more clients you have, the more money you’ll make, but it can be hard to find loyal clients.
One way you can put yourself out there and connect with more potential customers is by being active on social media. Networking sites like Instagram and Facebook will allow you to advertise your beliefs, your expertise, and your specific services.
It can be easy to come off as insincere, which is why it’s important to focus on networking and forging relationships. This is the difference between making valuable connections and spamming people.
The more successful connections you make, the more your reputation will grow. From there, you can start increasing your service charges.
Are You Ready to Earn a Life Coach Salary?
Now that you’ve learned all there is to know about a life coach salary, you can begin a rewarding career. Not only will you make more money over time, but you’ll feel good knowing you’re helping people to thrive.
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