Professional Coaching is one of the fastest growing industries globally, and if you are considering to become a certified coach we have some information to share with you.
If you’ve been thinking about becoming an executive coach or a career coach but 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 a kind of person who enjoy helping other people and have always dreamed about doing that kind 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 Professional Coach will match your financial expectations or not.
According to our survey and interviews with Flow Certified Professional Coaches, we can say that life coaches earn between a range of $150-$350 per hour and earn about minimum of $36,000 per year. And this is only from individual coaching which is even less than 1hour of coaching per day! Career Coaches stated that they make 30-70% more than this in average as they get a chance to work with a number of individuals from their corporate clients.
Compare this to the average full time job. To earn $48,000 you need to work 40hrs or more per week for a job you are not dying for, maybe in a culture you don’t like, doing the type of work that doesn’t allow you to enjoy your every day.
If you are specialty is Executive Coaching , things get even better. When we asked our executive coaches about how much fee do they charge for their sessions, they mentioned a range between $150-$500 per hour and their annual income starts with a minimum of $ 76,000 and eventually reaches up to a 6 figure income.
This is just one of the reasons that becoming a certified 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.