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Being a Coach, Managing Coach Business Practice

  • Admin
  • Sep 25, 2017
  • 2 min read
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  • ‘The rapid growth of the coaching and consulting industry is staggering. According to a research study by IBISWorld, at the end of 2014, it was said that coaching is a $1 billion industry that the ICF expects to grow by 20% in 2017′. (Pls note it is coaching, consulting and all that broadly fits into two diverse areas – for coaching and consulting are totally different, like two parallel lines. In between lies, training, guiding, mentor by subject matter expert, therapy, counseling, healing, life-‘coaching’, et al.).


  • Everyone and their dog is flocking to the cash-pumping industry to take their stake in today’s gold rush – My coach-trainee (a doctor) was saying, ‘your dog also will become a good coach‘! My dog is with me, when I am home. My dog is a huge inspiration for me in my this innings… Patient, unconditional loving being a few competencies she exhibits…


  • We have been working with leaders & coaches, including uncredentialed/aspiring too. To co-create (not ‘help’) a future based on their life-purpose. You can unshackle, without helping – that is coaching

  • If money is the #1 motivator to become a coach, you are better off staying elsewhere. In the long run, profit motive can not drive coaching. That can not be a #LifePurpose, at a holistic level. Money is important, but not everything, for a real coach.

  • Women seemingly make better coaches. Maybe it is their emotional intelligence? A coach, male or female, got to tap into both the Yin & Yang, IQ & EQ to create a transformational experience for the client. In the same way, age is a mere number. You can be a millennial at heart too.

  • Believe it or not, it takes some time to create a successful business, which is sustainable. #Legacy

  • Writing down your goals definitely helps


A full-time coach may be better of if

  1. trained

  2. certified

  3. ICF credentialed, ACC, if not PCC

  4. experienced

  5. working continuously to learn, mentored, supervised

  6. committed, full-time to coaching?


Coaching is about facilitating the client/coachee to live life goal, even a short-term, a transactional goal should be in some way aligned with the larger purpose. Else the coachee needs a trainer, an expert, a boss, or a consultant.


Being a coach is a full-time job (more than a job!) – not in coach roles or costumes, or at times!

We train, facilitate, mentor aspiring coaches to their ACC & PCC. PCC- leg training at Chennai on 14th October, 2017.


 
 
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