Building a Coaching Business

Are you considering a coaching business? The first question perhaps is, “Does it make sense to start a coaching business?” Given the struggling economy, downsizing, and companies with fewer employees doing more, being an entrepreneur is about creating your own opportunity and serving companies that are focused on increased productivity. Coaching is currently the second fastest growing industry in the world.

The next question is, “Do I have to be certified?” Technically no. Coaching is an uncontrolled industry. That is changing. The International Coach Federation, ICF, is a professional membership organization and the leader in coaching. Coaching will either successfully self-regulate through the ICF or government will begin to regulate it. All professions require some level of training. According to the Harvard Business Review, 70% of the time clients have some level of interest in certification. Attending ICF-approved coach training goes beyond requirement – it is about professionalism and excellence.

Finally you might ask, “What kind of coaching do I want to do?” Whether you want to be a business coach, or provide services after life coaching certification, executive coaching certification, or career coaching certification, the type of coaching you offer is based on your experience and expertise. At the Center for Coaching Certification, coach training focuses on developing the 11 Core Competencies of a coach and learning a coaching process.