Professional Coaching is one of the fastest-growing industries globally, and if you are considering becoming a certified coach we have some information to share with you.
If you’ve been thinking about becoming a certified life coach, executive coach, or a career coach but you have been unsure about the income, you are about to learn! FLOW Coaching Institute has alumni and a group of professional coaches across the world working in the field of various specialties such as career coaching, executive coaching, life coaching, corporate coaching, parent coaching, team coaching, etc. We reached out to them and asked about how much income they earn to give you as much precise information as we can reflecting different a range of different specialties and geographies.
So, if you are the kind of person who enjoys helping other people and has always dreamed about doing that kind of work that makes a real difference in people’s lives, but at the same time worried about the income you will make, we hope that this information will give you an idea if becoming a Certified Professional Coach matches your financial expectations.
Based on this brief research, we managed to conclude that the key to earning a considerable amount of good salary lies in “professional commitment”. These FLOW graduates that we interviewed have a high commitment to keeping their practice aligned with professional standards. Therefore, they network on a regular basis, they develop their practice by listening to their clients and their feedback, they invest in mentoring and supervision, and they coach and are coached themselves on a regular basis.
According to our survey and interviews with ICF Certified Professional Flow Coaches, we can say that full-time certified life coaches that work for 6-8 hours a day earn between a range of $50-$500 per hour and earn around the ranges of $70,000 to a whopping $600,000. (P.s: Note that this is calculated by working 6 hours per day with a 20-day working month).
Certified Professional Career Coaches stated that they make 30-70% more than this on average as they get a chance to work with a number of individuals from their corporate clients. Life Coaches’ on the other hand have business models that vary from providing hourly in-person/live coaching sessions to monthly live group coaching sessions through online platforms like Zoom or through social media.
Compare this to the average full-time job. To earn $48,000 you need to work 40 hours or more per week for a job you might not enjoy, maybe in a culture you don’t like, doing the type of work that doesn’t allow you to enjoy your every day.
If your specialty is ICF Certified Professional Executive Coaching, things get even better. When we asked our executive coaches about how they charge for their sessions, they mentioned a range between $200-$1000 per hour, and their annual income starts with a minimum of around $200,000 and eventually reaches up to a 6 figure income. (P.s: Note that this is calculated by working 6 hours per day with a 20-day working month)
ICF Certified Professional Executive Coaches work with director level and above (C level). They either have 1:1 individual sessions or work with teams from the same organization or they might have a specific type of leadership retreats where executives from various organizations join. It is coaching in its most premium state and you will be working with some of the smartest minds on the planet.
This is just one of the reasons that becoming an ICF certified professional coach might be the ideal path for you to start a fulfilling and profitable career by doing work that you love.
Please note that, at Flow Coaching’s ICF ACTP training program, we have special business and career-building sessions with our 6 figure income earning coaches, to help our coaches to work on their future coaching career or business plans individually.
FLOW Coaching Institute offers two paths to your ICF Certification:
1. The Fast Track path includes 5 modules. Both Core Foundations and Business Coaching ICF 60 ACSTH/ACC training programs make you eligible for certification.
2. Our All-Inclusive Advanced ICF ACTP Certification program has 6 modules carrying you all the way up to ICF ACC & PCC credentials.
To learn more about our programs, leave us a comment, just fill in our contact form or send us an email to email@example.com to get in touch with our team today! We would love to hear from you.