CoachStart FAQs
(David answers your Frequently Asked Questions)
If you still have questions, you should find the answers
here!
Is it actually possible to build a career and make
a good living from coaching?
There are now 4000 members of the International Coach Federation, and
an estimated 12,000 coaches worldwide. It's been billed as the second
fastest growing profession behind IT. Coaching is very rewarding personally.
And financially, the coaches who know how to market are making money.
As one example, it took me 3.5 years to reach the 6 figure income mark
from coaching. And that's without my full attention - during that time
I created two other businesses. And - that's before I received my certification
from the ICF (that takes time). And I'm just getting started!<smile>
Can I coach part time?
Yes - in fact I recommend it. Create a couple of slots for your coaching
clients, but keep your day job. It takes the pressure off. A great way
to do it is cut back to 3 days a week (or find a new job that lets you
do this) in six months time once you've proven to yourself you can attract
clients and revenue. Then you can spend more time expanding your coaching
business.
Can I really make a difference with my clients now, or does that take
time?
This may surprise you. Many CoachStart participants report results
from the very first sessions they hold with clients, and find it a very
rewarding experience. Actually, it's very difficult for someone to spend
30 minutes a week with you focusing on what's important on their life,
and NOT move forward.
Do I have to market this to my friends?
No. But they might be willing to do some practice sessions with you
to help you train and develop, and some may beg you for coaching. Let's
not turn them down, hmm?<smile>. Whether you charge them or not
is another conversation - and doesn't really matter.
Where will I get my first clients?
In the CoachStart Program your coach will help you to develop a marketing
plan, looking at a number of different methods, and you get to pick
two to three which most appeal to you. You can choose from advertising,
leveraging your current network of friends/associates, using an existing
client base, public speaking, simple seminars, affiliations, web marketing,
and working with the media. ONE easy place to start, is to practice with
your existing network. They'll get a lot out of it, some of them will
want you to coach them, and all of them become referral sources. However,
as mentioned above, there's no need to 'sell' coaching to anyone, and
you don't have to coach anyone you know if you don't want to. (But as
I said, it's an easier start point).
How long would you work with your Mentor Coach?
We'll normally start with a 3-6 month time frame. Some people sign on
for six months because they know coaching is for them, and they want the
extra discount that comes with this commitment. Others go for three months
(still a 25% discount), and at the end of that period decide often roll
over to another three months. Some coaches have been with a Mentor Coach for over
a year, as they expand into stronger web strategies, public speaking and/or
delivering their own seminars. Remember you can withdraw at the end of
any four week cycle (you simply lose the discount you received for the
longer commitment) and receive a refund for the unused time.
I don't have related qualifications. Where does this leave me regarding
professional credibility?
Current Situation:
Bear in mind this is still a new profession. The vast majority of coaches
are not yet certified, and the industry is self-regulated (not government
regulated). I reached the income mark above without any formal
qualification. I relied on good testimonials from people I helped, and
the connection we felt in a trial session/consultation. It was over three
years before I obtained a formal certification, and as yet, I haven't
noticed any difference in my practice now that I have a piece of paper.
In three years I remember one person asking me if I was certified,
and that was a corporate client.
Future Situation:
I believe, and hope the situation will change. As the public becomes more
educated, they will begin to look for a formal certification. I would
say that in about three years time it will become more important to have
a formal certification, but still not critical from a marketing point
of view. (For example, Tony Robbins built his career by guaranteeing people
twice their money back, and producing results.) However, I recommend ALL
participants of this program seek formal certification within the first
year of their coaching career. It's not just about credibility - don't
you want to be the best coach you possibly can?
I'm still not sure if I should join a coaching school now...
Definitely you should at some point. Coaching schools can offer great
value . Only you can choose if
this is the best option for you at this time. And, some people like to
work with the CoachStart Mentor program for a few months before taking this option, others train
with a school concurrently with working with the CoachStart Mentor program (now that's acceleration!).
Sounds good to me. How do we get started?
and return
to the CoachStart Registration page, or click here.
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