#036 How to Make Money as a Life Coach

What’s the secret to a thriving coaching business?

In this episode, you’ll get insight into the coaching world and the secret to building a coaching practice that not only transforms lives but is also financially rewarding.

What You’ll Learn in this Podcast:

1. The psychology of business and making money as a Coach.
2. How to navigate money resistance.
3. The 3-step method for sustainability and success.

Mentioned on the Podcast: (Click on Links)

• Nafs Coaching School
• Mind Health & Relationship training (Free Training & Newsletter)

Career, Money and Effective Life Coaching Business

You learn how to serve clients impactfully as a Life Coach with the Science of the Nafs and how to make Money. 

Making money as a Life Coach is important for a successful coaching business and it’s tied to the impact you have in the world. 

The more impact you have, the more money you earn, and vice versa. 

To be effective as a Coach, you have to recognise this fundamental lesson. 

Your ability to help others will diminish if you aren’t covering your financial needs. You might even feel resentment for the people or clients that you’re trying to help. 

But you don’t need to take this path because there’s another way. 

Very often, Coaches are unable to make money because of their resistance to it. Any talk about sales or money or finances makes them cringe and act all funny. 

But this resistance can be and should be overcome.  

For a sustainable and successful coaching business, you have to build the foundation and there are three fundamentals to master.

If you get this part right, you could build a six-figure or multiple six-figure business

• Communication skills
• Confidence in your identity as a Coach. Comfortably telling the world you’re a Coach, in other words.
• Making genuine offers to help people. 

Communication skills are about building connections with people. It’s about showing up in the world and connecting to them.

It’s simply a skill that needs to be developed. You connect with people one at a time, genuinely and you start forming the foundation of your coaching business.

The next thing is confidently telling people you’re a Coach. Ignoring that newbie feeling is essential to overcoming that fear of judgement and the lack of confidence. 

Then, it’s about making genuine offers to help people. That’s service. 

Service builds the foundation for long-term success.

When we’re coaching people, we’re in the business of helping and serving people. This is why psychology is such an important thing to understand because you’re in the business of people. 

Serving others means that you offer value and help and you show them how you can take them on a journey to transform their lives.

Now, this doesn’t mean that you forget about sales. Service doesn’t mean free.

The sales are equally important but when you prioritise service, you’re less likely to be pushy and creepy or cringy when you have the “money talk”.

People are then more likely to respond to you more positively. They will welcome your offers because they will want to work with you. 

Being a Life Coach with this Institute is meaningful and impactful on many levels. 

It’s an opportunity to serve Allah(swt) by serving the world, creating an impact, and making a lot of money while you’re doing it. 

However, it starts with understanding the psychology of business. 

When you understand this fundamental, you’re well on your way to a successful and sustainable business. Six-figures and beyond.