How many hours a week do you need to work to earn good money as a business coach?
How many hours a week do you need to work to earn good money as a business coach?
The first thing you have to understand is that this question has multiple parts to it.
The number of hours you will need to work if you are already established as a coach will differ to when you are just starting out.
How many hours do you need to work as an established coach?
Once you are working as a coach you will on average be charging $500 an hour for your coaching sessions, so that might be a weekly client paying you $2000 a month. If you have 10 clients you are earning 20 000 dollars a month. You then theoretically only need to be working 10-15 hours a week because you have your recurring clients.
How many hours do you need to work starting out as a coach?
Before you get to that stage, you will however have to find clients and learn how to keep clients. One of the big problem coaches have is that if you’re losing clients every 3-4 months, you’re not working 10-15 hours anymore. instead, you’ll have to work multiple more hours a week doing marketing and outreach to find new clients. It’s really key to keep clients long term in order to reduce your monthly hours. This is why so many coaches come to the Business Coach Academy.
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