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Personal coaching has come into vogue in the last five years, and it continues to be enormously popular. The job of a personal coach involves offering one-on-one assistance, advice, encouragement, and other forms of support to individuals. Your work is to help your clients gain confidence and competence in personal areas such as social skills, time and productivity management, even public speaking. You basically provide a self-help course: you help clients achieve things that they otherwise might not be able to do without your guidance, motivation and planning.
There are no certification or guidelines to pass to become a personal coach. However, you need to possess empathy, excellent listening skills, and the ability to inspire others.
Start-up costs can be minimal, depending on the kind of equipment you already have (computer, fax, Internet access are a must) and the marketing strategy that you will employ. Your fee structure will depend on how your organize your program. You can charge a basic fee for your first session, where you gather all the information you can about the client and talk about his or her needs. The price of subsequent consultations can vary based on the length of the program. First-year personal coaches can expect to earn between $40,000 to $60,000.
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