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7 steps to launch your coaching business

Everyone can benefit from a coach to help navigate certain parts of their life and career. Unlike a friend or a supervisor at work, a certified coach has completed training to access tools, techniques, and strategies that the average person doesn’t have. Plus, coaches part of the International Coaches Federation have professional development and an oath of confidentiality that’s protected by law.

If you find yourself always helping others and making time to support them through setting or achieving a goal, consider pursuing coaching as a professional. Some coaches gained experience as mentors and are ready to explore how to expand their services by creating a business. Developing coaching skills can also benefit your professional growth and make you more qualified to advise your friends and family.

Whether you are feeling stuck and ready to develop a new skill or if you are preparing to take the leap into entrepreneurship, starting a coaching business is a great way to transition because you can begin with part-time hours and expand as you grow.

Imagine what your life would be like if you have additional income from a business where you set your own prices and hours, and we’re able to design a business that best suits you.

In 2016 I opened my coaching practice and left corporate America within two months. Once I discovered how I wanted to work, I quickly took the steps to become full-time. Now, seven years later, my company, Leverette Weekes, attracts other coaches, and we’ve served hundreds of executive clients from education, technology, manufacturing, nonprofits, healthcare, and more. We’ve launched an online Getting Unstuck Academy inspired by my book, Getting Unstuck: A Guide to Moving Your Career Forward and my in-person 1:1 coaching program.

Here are seven steps to starting your coaching business this year:

1. Clarify your vision. Spend time researching and reflecting on defining what you want to achieve. Don’t skip this step or you risk wasting more time, energy, and money chasing models and concepts that won’t help you reach your goals.

  1. Ask yourself: How much time are you willing to spend coaching each week? Do you want to coach part-time or full-time? Do you want to be a solo premier or employ other coaches?

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