Technology has actually brought opportunities to coaches everywhere, by facilitating easy marketing, low-cost online advertising, and the ability to curate a great online presence. However, it’s not just these unfortunate job losses that have contributed to the growth of the coaching industry. ![]() It’s possible that these people have never worked outside of the field they were booted from, so navigating that huge shift often requires an expert hand.Īs many coaches focus on big life transitions, the demand for them has naturally risen in the last decade. Losing your job is a difficult obstacle to overcome, and many who have lost their jobs in the technology boom need help finding a new path. Though this might not seem relevant to you as a coach, it’s actually a key reason behind the growth of the life coaching industry. Oh no – we’ve hit the big leagues now.ĭue to the acceleration of IT performance, many people’s jobs have been displaced by computers. We’re no longer living in the days of dial-up and Windows 95. Life coaches are bonafide heroes to some people, and with so many different niches out there, you’re sure to find demand for your skillset in such a crazy mixed-up world! The Technology Boom ![]() Whether it’s an overworked Fortune 500 CEO or a wide-eyed young professional who needs help, a life coach will always be on hand to assist as best they can. Okay, so that’s not a genuine physical condition, but folks these days are veering dangerously into burnout territory due to the perceived need to be “on” all the time. Because of this, more people are seeking out great life coaches that can help them handle the stressors of modern life. On any given day, we have to juggle dating apps, wellness plans, the presence of social media, and general “Energizer-Bunny-itis”. As you’re probably aware, our personal lives have become more complex than ever! However, it’s not just big companies that benefit from the existence of life coaches. Generally, a productive team leads to higher profit margins, so more businesses are hiring coaches in order to invigorate their workforce! Neat. Career and executive coaches have always charged premium prices, as their work helps companies of all sizes to get great results. In the last ten years or so, companies have seen how life coaches directly help to boost their bottom line. We’ve touched briefly on this, but there’s the simple fact that more people want to be coached these days than ever before. As coaches have become a hot commodity in our modern world, the demand for every type of life coach has literally skyrocketed.īut why is life coaching such a growing industry? Well, we’re here to answer that burning question for you! Reasons Behind the Coaching Boom More People Want to Be Coached The life coaching field has never been a more promising one to work in, as the number of people wanting to be coached just keeps increasing. The answer to that question is a resounding YES. However, fully understanding what makes an industry successful is important for anyone taking those first baby steps! Is Life Coaching a Growing Industry? We get it – assessing figures isn’t always fun. Whether you’re trying to convince others to support your coaching career or just want to consolidate your own decision to become a coach, making a case for jumping in headfirst can be difficult without any cold, hard facts in hand. Now, loving what you do is great, but you do need to be able to sustain yourself on a coach’s income! Well, we’re pleased to tell you that if you’re jumping for joy at the prospect of becoming a fully-fledged coach, then you already have the most important thing that you’ll need in your arsenal: passion! I’m Definitely Committed – Now What?īefore you burst onto the scene, you’ll probably want reassurance that you’re jumping into a field that can make you some money. When you think about pursuing a coaching career, does it fill you with excitement? Are you raring to go? Can you not refrain from checking coaching blogs and podcasts? What could be more noble than a career that promotes that!?īefore we go on, just humor us for a second. An industry defined by problem solving and taking the careers of others to the next level. Sure – you may have considered other professions in your lifetime, but no matter how much research you do, your heart always comes back to coaching. With startup costs, training, and general market demand to consider, the coaching industry is no walk in the park for newbies. ![]() Trying to find the perfect path as a coach is tricky.
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