Even if you decide to discount your rate, you don't need to charge much less than that. According to coaching surveys, most professional coaches have an average of just six clients per week. The price can vary significantly depending on the coach's experience and the services offered. Since the life coaching industry is relatively new compared to some of the other wellness modalities, life coaching regulatory bodies do not have full authority over who can or cannot call themselves a life coach. The average cost of professional counseling can vary depending on the coach's experience, the services they offer, and how often you meet with them.
And don't forget to ask business advisors about their experience, what advisory services they offer, and how much they charge per hour. Experienced business or life advisors can help you develop the confidence you need to take your business to the next level. Most coaches charge rates at or above industry standards to avoid being considered a cheap coach. The prices of life coaches can be expensive, but the changes these trainers make to your life are worth more than the money you paid.
It's also important to explore your options, such as corporate coaching companies, to find a coach that's a good fit for your personality and learning style. However, some executive advisors may charge for one-hour or half-hour sessions, so it's important to ask about their fees before committing to working with a coach. For these types of sessions, it's best to look for a coach who offers full monthly counseling packages. Business coaching rates depend on several factors, including the level of experience of the coach, the types of sessions offered, and the length of the coaching relationship. Also, be sure to ask business advisors what services they offer and what their advisory package includes.
You can get something of value with just one life coaching session, but the real benefit of hiring a life coach comes through an ongoing relationship aimed at achieving your goals.