You might be wondering if a life coach salary is a sustainable wage to earn a comfortable living.
The answer is, a big yes!
Of course, this depends on how are you structure your business, so that it is scalable, and does not rob you of your time.
Most new coaches are only thinking about the coach and client relationship. When they should be thinking about creating ongoing courses, and evergreen type products that they can promote and receive passive income from.
here are a few of the income streams for a life coach.
- 1on1 Private Clients
- Group Coaching
- Evergreen Courses
- Book Sales
- Online Summits
- In Person Events
- Masterminds
- Retreats
- Mini-Course
- And More!
To prevent yourself from becoming time broke, it is important that you keep in mind passive income ideas that do not require you to be actively coaching.
There are also some affiliate marketing programs that you can promote in the coaching world. Or perhaps different tools that your clients could use that you are an affiliate for.
One of the tools that I use for my business, is a platform that allows the user to mail Postcards, greeting cards and personalized gifts to the United States Postal Service.
I called this my magic marketing tool.
AFFILIATE DISCLOSURE: I need to let you know, that there are links on this website that our affiliate links, where I will earn a commission if you purchase that product or service. You will not be paying any more than normal. It’s just that I earn a commission. This is how I make money on the Internet. Thank you for your support
