I want to start a business, but have no ideas where to start!

Everyone loves to run their own business and maybe an online one so that they can run it from the comfort of their own home. However, it might be a bit challenging to know where to start! It could be that you have no idea what type of business you should start, or even how to navigate the different challenges that come with starting a business.

‍

One great option for anyone looking to launch your own business from home is to become a coach and mentor. Coaching and mentoring businesses have low overheads, can be started from any size space in your house. It can also be a great way to earn an income from home and can be extremely rewarding financially too. In this article, we look into the possibilities of running a coaching business!

What is a coaching business and what are the benefits of having one

A coaching business is a service where you help people achieve personal or professional goals. People hire coaches to help them with everything from their career, relationships, health, money, and much more.

‍

The benefits of becoming a coach are numerous. As a coach, you have the chance to make a real difference in someone’s life. You also have the opportunity to create a flexible work schedule and potentially make a significant income. Plus, you have the chance to do something that you enjoy and love.

How to start a coaching business from scratch

If you’ve decided that becoming a coach is for you, the next step is to figure out how to start your own coaching business from scratch. Start by getting clear on your goals. What type of coaching services would you like to offer? Who do you want to work with? Or in other words, who do you want to help and support? How will you market and promote your services?

‍

To start with, you could be an expert in a certain area and offer to coach people on the topic. You could also choose to specialize in a particular niche such as career or life coaching.

‍

Once you’ve got the answers to these questions, it’s important to create a plan that outlines everything you need to do to launch your business. This plan should include things like building a website, setting up social media accounts, creating marketing materials, and more.

‍

Check out our FREE resource: The FREE all-in-one Trello Board that sets you up with the step-by-step formula to launch your #mumbition.

‍

It is important to understand how you will be reaching out to your niche audience. The way you deliver content and connect with your audience could be via social media sites, blog, podcasts, videos, or other platforms. 

When you have a good understanding of your target audience and which platform you can connect with them on, you can start putting together content that is of value to them.

‍

Create the content on a consistent basis and make sure that you have a plan for when and where it should be shared. Start building relationships with your audience and get to know them better. It might take months or years to build up a good following, but the results will be worth it in the end.

‍

You can also receive coaching and advice by professionals in this field as well. You can join online coaching programs, or attend seminars to get an even better understanding of the business. By hiring a coach to help you grow your online coaching business, you will be able to get the help and support you need as well as learn new strategies. Check out Mums & Co Experts - industry leaders, ready to provide you with 1:1 sessions about your mumbition https://www.mumsandco.com.au/expert-advice 

What services can you offer as a coach

As a coach, you can offer different types of services to your clients. Start by focusing on the areas that you feel most comfortable in  and have qualifications in. Services could include one-on-one coaching, group coaching, workshops, webinars and more.

‍

The most important value a coach can bring is support and accountability. When someone hires a coach, they are looking for someone to help them reach their goals, provide guidance, and offer support. Coaches must be able to hold their clients accountable and help them stay on track. This is where the relationship between coach and client is key. If you can build trust and rapport with your clients, they will be more likely to succeed.

‍

So as a coach you can offer a program, a one-on-one coaching call weekly, and maybe a group program as well. You should measure progress and give feedback when needed.

How to market your coaching business?

Once you’ve got everything set up and you’re ready to start marketing your coaching business, there are a few things you can do. Start by creating content and sharing it on social media. Start creating relationships with your audience. Share your knowledge and expertise, offer free resources, and engage with them regularly.

‍

Building relationships and connections with people in similar industries are also important. Start attending events and joining relevant groups in your niche. Appearing on other online influencers' social platforms, referrals and shoutouts from them will help to create a good reputation.

‍

Start building a newsletter list and send content regularly. Start doing webinars or seminars and invite as many people as possible.

What qualifications do you need to become a coach

To become a certified coach, you typically need to have some sort of background in the field. This could be through an education or certification program, or experience. Depending on the area of focus in coaching, you may also need to have a certain number of hours of training or experience in a specific area.

‍

To become successful as a coach, you must help people get results. Start by becoming an expert in the field and gain a good understanding of the topics you are coaching. Offer value, understand your client's goals, stay organized, and create a good system for your business. Stay ethical and professional in all dealings with clients.

Last word

Starting your own business from home can be an amazing and empowering experience, but it can also be challenging. That’s why Mums & Co was created – to support business owner mums through the ups and downs of starting their own venture. We provide a community of like-minded women who are there to offer advice, share resources, and just plain old chat about all things business related.

‍

If you’re considering starting your own business, or you’ve already taken the plunge, make sure to join us at Mums & Co. You will be empowered along your business journey!

‍

The information contained on this website is general in nature and does not take into account your personal situation. Where appropriate you may need to seek appropriate professional advice for your situation.

‍