“Our chief want in life is somebody who will make us do what we could be.” – Ralph Waldo Emerson
The above quote is exactly why coaching has quickly become one of the fastest growing professions in the world.
People are beginning to realize the true power and potential of virtual coaching and how it can revolutionize their health, their businesses, their relationships, and their life.
And this is a good thing…
Because according to the Washington Post, more than 87% of people dislike their jobs and are actively disengaged.
This means that only 13% of the population worldwide actually enjoys the way that they make a living, how crazy is that?
Life is too short to go to sleep every night dreading the next day, and counting the days until Friday, it’s too short to waste your waking hours building someone else’s dreams and it’s too short to be underpaid and overextended.
If you are a part of the 87%, then I want you to know that you are in the right place.
There is an alternative.
There is a way that you can use the skills you already have to help other people, enjoy the work you do, and a make a great income while you’re at it.
Do I have your attention?
Now let’s dive into the 7 reasons why becoming a virtual coach is the best job in the world (and how you can start your journey into virtual coaching today)
1. You Can Work from Anywhere in the World and Achieve True Location Independence
I want you to imagine that you are in the Maldives, the sun is beating down on your back, the sweet smell of ocean water and barbequed meat is permeating the air, and the relaxing sounds of ocean waves and Bob Marley fill your ears.
You’re in paradise.
Now I want you to imagine what it would be like if you could work somewhere like this each and every day.
Imagine that you had full control of where you worked and where you spent your time.
Stop imagining and realize that this can be your reality.
When you work as a virtual coach, you can, quite literally, work from anywhere in the world (as long as you have an internet connection).
As a coach, you can follow up on leads, create new clients, and coach clients whether you are sitting in your pajamas, walking alongside the beach in Australia, or backpacking through the mountains of Eastern Europe.
Or if you decide you want to move to a new city you can go.
There are no limits to where you can work and how you can do business.
As a virtual coach, you have are on one of the few career paths that allow for total autonomy and location independence.
2. You Can Make a Full Time Living Working Only a Few Hours a Week
According to the Gallup Poll, the average American works roughly 47 hours a week and earns $36,000 a year.
Let’s do the math for a second.
If you account for two weeks of vacation time this means that the average American is working 2,400 hours every year at a job that they don’t enjoy and they’re only getting paid $15.00 an hour to do it!
This is absolute insanity.
As a virtual coach, your income can vary pretty wildly depending on who you are coaching, what niche you choose, and whether or not you sell digital products (more on that in a second).
However, according to the International Coaching Federation, the average coach makes about $47,000 a year part time.
That’s $11,000 more than the American average for a job that you can do from anywhere in the world.
But that’s not even the best part.
But here’s the kicker.
Even though you might make an extra $11,000 a year working as a virtual coach, you can make that money while spending less time at work.
Most coaches that I know and mentor charge anywhere from $150-$300 an hour for their time and experienced coaches with high-level clients can charge more than $1,000 an hour for their services.
This means that if you only charged your clients half the average rate at $75 an hour, you could earn $11,000 more than the average American while only working 12.7 hours a week and taking a whole month of vacation!
If you worked on this schedule you would only need to spend 626 hours of your year working.
This means that you would have an extra 1,774 hours each year to pursue your passions, spend time with your family, travel, explore, be stress free and live the life you’ve always wanted.
Are you starting to see why being a virtual coach might be the best thing ever?
I hope so.
3. You Can Make Money While You Sleep by Creating Digital Products and Assets
When most people think about a career as a coach, they think about only one thing.
1-on-1 phone calls or in person sessions like a therapist.
If you are smart about your business, you will only spend 50% of your time focused on 1-on-1 calls with your clients.
The other 50% you will devote to building assets and products that can generate income passively 24/7 365 days a year.
As a coach, you can create digital courses, write books, and even train other coaches to work for you who can generate income and impact lives every second of the year.
You could be on a Hawaiian beach drinking milk out of a coconut or backpacking through ancient ruins in the mountains of Europe and you would still be earning money and paying the bills.
Or even spending more time with your family, friends and significant other all stress free!
And it gets even better.
When you have assets like a blog, podcast, books, and digital courses that make you money and increase your social presence and credibility, you will actually be able to generate coaching leads while making money.
You can literally get paid to get paid.
When you have multiple streams of income as a coach, you will rarely have to worry about your bills again.
You can spend your time how you want, where you want, and with who you want.
4. Today There is More Demand for Coaches than There is a Supply
At this point, you are probably starting to understand why virtual coaching is one of the best career paths that you can pursue.
You’re beginning to understand how powerful it would be to earn money from anywhere in the world, to work only a few hours a week, and to make money while you sleep.
But now reality is starting to set in and you are probably thinking, “Great, if coaching is so amazing, then the market is probably completely saturated! There’s no way that I can break into it and start earning real money”
Luckily… that’s not true.
Let’s start with the math.
If you charge $100 per hour for your services and you sell a coaching package that requires an 8-week commitment this means that each client will generate roughly $400 of income a month.
This means that you only need 10 clients to make $48,000 a year.
And, since you aren’t tied down to any one location, this means that you are pulling from a global market of roughly 1.4 billion people (not including individuals living in poverty).
Now, you tell me… Do you think that you can find ten people out of 1.4 billion who would be willing to pay you a small monthly fee for your services?
I think that the answer should be pretty clear.
And when you dig a little deeper, things get even more exciting.
According to the International Coaching Federation, there are only 47,000 coaches worldwide and only 14,500 of those coaches live North America.
That means that you aren’t even competing against 1% of the population!
To put that into perspective, there are more than 120,000 marketing agencies in the United States at this very moment, and more than half a million worldwide.
Yet, each and every day, new agencies are launched and many of them achieve wild levels of success.
At this point in time, virtual coaching is one of the most lucrative and least competitive industries in the world, and if you want my advice, I would strike while the iron is hot so you can have the income, freedom and fulfillment you want.
5. Technology Makes it Simple to Find New Clients
At this point in the article, you probably fall into one of two categories.
You are either thinking
Heck yes! I want to be a virtual coach, travel the world, make an impact, and earn a full-time living working only 10 hours a week.
I’m intrigued, but still not convinced. There’s gotta be a catch right? Things can’t be this simple.
If you fall into the latter category, then I’m going to let you in on a little secret.
It really is this simple.
Although it’s not necessarily easy to become a virtual coach, the rapidly increasing efficiency of content marketing and paid advertising makes the process of finding, filtering, and creating new clients very straightforward.
If you have a little bit of money to invest, Facebook and YouTube ads allow you to quickly create a low end offer that can help you earn create new clients in an instant.
If you don’t have the money to invest in paid ads, you can leverage content marketing to quickly attract and generate your perfect clients instead.
By creating amazing content and giving it away for free (like the Knowledge for Men podcast), you will attract high quality prospects to you and your brand and, even though it might take longer to scale, you will be able to generate leads automatically because they will already know, like, and trust you, your content and brand.
I’m not saying that it’s going to be easy, but I am saying that it’s easier than it’s ever been before.
6. You Get to Do Work that Matters Every Single Day
Most jobs have you completing meaningless tasks that serve no real purpose outside of collecting your bi-monthly paycheck.
You wake up earlier than you want to, fight through traffic for 45 minutes, and then sit at a desk and stare at a computer screen for eight hours and for what?
A few 1’s and 0’s in your bank account at the end of the year?
That’s a weak way to go through your entire life.
However, when you look at the virtual coaching industry, many coaches claim that they would willingly do the same work for half the pay or for free if it meant that they could continue on their mission.
How would that feel? To love your work so much that you’d willingly do it every day for no money whatsoever?
That’s when you know you’re doing work that is in full alignment with your values.
How would it feel to love your “job”, your passion, and your business so much that you were excited to get out of bed every morning and you couldn’t wait until you had your first call like it was Christmas morning when you were 10 years old?
It would be a wild way to live, right?
As a virtual coach, this is your reality.
You get to go to bed and wake up fulfilled, knowing that the work you are doing is making a positive difference in your client’s lives and even those they love.
Even if you don’t earn more money, travel the world, or work fewer hours, you still get the satisfaction of knowing that you are making an impact through your work.
And the best part?
You don’t have to be a “Life Coach” to successfully break into this industry!
There are literally hundreds of niches that you could fill as a coach, here’s a list of the most popular ones:
- Business coaching
- Executive leadership coaching
- Health and fitness coaching
- Mindset and Peak Performance coaching
- Career coaching
- Relationship/Dating coaching
- Life coaching
- And so much more!
If you have an expertise, passion, or skillset that other people struggle in, you can have an incredible impact on your clients and the world.
And if you treat this like a full time career and master your craft, you can make millions of dollars all the while.
7. As a Virtual Coach You Get to Experience the Epitome of Lifestyle Design
In his book, The Four Hour Work Week, Tim Ferriss talks about the concept of lifestyle design which is a simple concept that turns old dogmas on their head.
Whereas most people say, “This is my job, so what kind of lifestyle can I create around it”, as a virtual coach, you get to say “Here’s the lifestyle that I want to live, now how can I create a business around that lifestyle”.
Do you want to visit your friends and family?
You can do it.
Do you want to take your significant other on an exotic Italian vacation or just a simple staycation?
Great, you have the freedom to do so.
Do you want to work three days a week and spend the other four days backpacking, rock climbing, playing music and reading your favorite books?
No one will stop you. The world is yours.
As a virtual coach, you write the rules, you make the decisions, and you design the life that you want to live.
Many of you have never had this opportunity before.
Your whole life, you have been at the beck and call of your parents, your teachers, your bosses, and your clients.
Your whole life you’ve been told what to do and now…
Now you have an opportunity to flip the script and take full control of your life.
You write the chapters, you tell the story, and you control your time, income, and destiny.
It’s time to take a stand for what you want and build the life that you’ve always dreamed of.
Because I promise you, it’s possible.
There are few career paths as lucrative and enticing as being a virtual coach.
There is no cap on your income, no constraints on where you must work or how many hours a week you must show up.
And you get to do only work that matters to you each and every day.
If you aren’t building the career or business of your dreams, then virtual coaching might be your one way ticket to a life that you love.
With the plethora of niches and technological advancements making this career easier than ever, there’s no real reason not to do work that you love and make an impact and incredible income while doing it.