Life coaching is a $2.85 billion industry growing 6.7% annually. Unlike therapy, it requires no license. Unlike consulting, it focuses on mindset and action rather than expertise delivery. If you have life experience people want to emulate, you can coach.

Popular Coaching Niches

Career coaching ($100โ€“$300/hour): helping professionals advance, change careers, negotiate raises. Business coaching ($150โ€“$500/hour): helping entrepreneurs grow their businesses. Relationship coaching ($75โ€“$200/hour): dating, marriage, communication. Health and wellness coaching ($50โ€“$150/hour): lifestyle, habit formation, mindset. Financial coaching ($75โ€“$200/hour): money mindset, budgeting, debt payoff.

Packaging Your Services

Avoid hourly-only billing โ€” it limits income and clients skip sessions. Package instead: “3-month Career Pivot Program” at $2,000 includes 12 sessions + email support + resources. The transformation (not hours) is what you’re selling.

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Online Group Coaching = Scale
Earn: $3Kโ€“$15K/launch
Host a 6-week group coaching program for 20 clients at $500 each = $10,000 for the same time as 4 private clients. Sell the community and group learning as the feature, not a limitation.