Life Coaching Business

How Much Money Do Life Coaching Businesses Make? (2024)

Pat Walls

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Updated: June 23rd, 2024

TL;DR:

Based on our data, life coaching businesses can make between $100-$120,000 per month.
The average revenue for a successful life coaching business is $19.7K per month.
The highest grossing life coaching business in our records makes over $1,440,000 per year.
Life coaching business owners salaries can vary wildly depending on industry, niche, and size of the business

So you're thinking about starting a life coaching business?

And now you're wondering how much life coaching business owners actually make...

Well, let’s dive in!

Here are example of real life coaching businesses and how much money they make - as reported by the founders themselves:

1. Grow Your Agency ($1.44M/year)

Iman Gadzhi, founder of IAG Media and Grow Your Agency, came up with the idea for his social media marketing agency (SMMA) and online course after mastering Facebook ads and personal branding. With over $1.2 million in profit in just two years and multiple successful students, Gadzhi has become a leader in the SMMA industry.

How much money it makes: $1.44M/year

2. TeamFFLEX ($984K/year)

Ryan recognized the limitations of gyms, from people not being able to afford it to people who aren't able to hire a trainer due to availability issues. Taking this online could be massive. Not physically fit at the time and ready to dive into self-development, Ryan started TeamFFLEX with zero dollars and a lot of drive within.

How much money it makes: $984K/year

3. Tobias Young Fitness ($600K/year)

Tobias Young, IFBB Pro and Online Fitness Coach, developed his online fitness coaching business after years of personal training experience. With a focus on helping business professionals and entrepreneurs transform their bodies and lifestyles, Tobias's program quickly grew to a multi 6-figure income with clients achieving impressive results, such as losing over 20 lbs of fat within the first 12 weeks. Through email marketing and social media outreach, Tobias attracts and retains customers while continuously improving his program. With plans to scale his business through paid advertising and a dedicated team, Tobias's future looks bright.

How much money it makes: $600K/year

4. Holistic Wellness Coaching Academy ($180K/year)

Brittney Oliver, founder of the Holistic Wellness Coaching Academy, came up with the idea for her business after discovering the connection between gut health and mental well-being. As a board-certified health and life coach, she wrote her first book and realized the need to share her knowledge with others. She then decided to create a certification program and launched her business with little startup funds, growing it into a six-figure business within two years.

How much money it makes: $180K/year

5. Ascend Marketing, Inc ($180K/year)

Jim Ackerman, the founder of Ascend Marketing, came up with the idea for his business after realizing that many small businesses struggled with marketing and advertising. He developed a highly prescriptive coaching program that included weekly one-on-one meetings, specific assignments, and personalized feedback and accountability. The program has been successful, with over 600 businesses completing it and only one refund requested.

How much money it makes: $180K/year

6. Optimize Yourself ($120K/year)

Zack's coaching business was born out of his personal desire for self-improvement. He spent years experimenting with various strategies to improve his well-being, and his successful transformation caught the attention of others. Inquiries about his methods led him to establish a coaching business.

How much money it makes: $120K/year

7. Personal Growth Base ($120K/year)

came. One of the most important lessons I learned is that success doesn't happen overnight. It takes time, dedication, and consistency to build a successful business. Additionally, I learned the power of personal connections and the importance of over-delivering and providing value to customers.

How much money it makes: $120K/year

8. GrowthMentor ($120K/year)

Fotis Panagiotakopoulos came up with the idea for GrowthMentor after realizing that hiring freelancers for mini-consultations on Skype calls was a more efficient and productive way to learn and get feedback. He saw the potential to create a platform where marketers and founders could easily book mentorship sessions with experienced growth practitioners, and thus, GrowthMentor was born.

How much money it makes: $120K/year

9. Expert PT LTD ($108K/year)

Andy Griffiths, the founder of Expert PT, came up with the idea for his online personal training business after realizing that he was limited in the number of people he could help through in-person coaching. Wanting to reach more individuals, he researched and trialed existing online training services, finding a serious lack of support and personalization. This inspired him to create a truly bespoke online coaching service, focusing on providing the highest quality support to help individuals achieve their fitness goals.

How much money it makes: $108K/year

10. Blue Sky Coaching ($72K/year)

Carly Kay, the founder of Blue Sky Coaching, came up with the idea to start her coaching practice after receiving a coaching session at work, which sparked her interest in people development. After going through a certification program and experiencing personal and professional growth, Carly decided to leave her corporate job and start her own coaching business. The Covid-19 pandemic actually turned out to be a blessing in disguise for her, as it allowed her to offer coaching sessions online and reach a wider audience.

How much money it makes: $72K/year