Life Coaching Business

Business Idea: Start A Life Coaching Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$19.7K
Avg Startup Costs
$19.1K
Score
88
Avg Revenue
Min Revenue
$100/month
Max Revenue
$120K/month
Avg Days To Build
90 days

Life coach helps people in various areas of their lives using a combination of emotional intelligence, professional knowledge, and experience.

Life coaching is a popular industry worth over $2.85 billion, and the number of life coaches has increased by 33% between 2015-2019.

This is a very profitable business and can be started at virtually no cost. You’ll need a computer, a high-speed Internet connection, and a LinkedIn account to start. Then, you can begin coaching part-time in your spare time until you build up your clientele.

Revenue & Profitability

How much do life coaching businesses make?

Learn more about how much money life coaching businesses make.

Startup Costs

How much does it cost to start a life coaching business?

  • It can cost as low as $200 to start a life coaching business.
  • It can cost as high as $15,000 to start a life coaching business.

Learn more about the costs of a life coaching business.

Examples Of Successful Life Coaching Businesses

Successful life coaching business businesses and case studies

Iman Gadzhi made over $1.2M in profit within two years with his social media marketing agency and education company, where he teaches entrepreneurs how to start and scale a profitable SMMA, with over 45 of his students making over six figures with their SMMA, and over 300 students having quit their regular jobs.

$120K Monthly Revenue
Read by 15,838 founders

This case study is about a former personal trainer who launched his online personal training platform, TeamFFLEX, starting with no money and a lot of drive, and grew it into a 6-figure business in less than a year, now doing $48,000 a month with potential for continued growth.

$82K Monthly Revenue
$500 Startup Costs
Read by 26,266 founders

See full list of successful life coaching businesses.