“You’ve got to decide whether this is going to be a hobby, or if it’s going to be a business. And those are two very different things.”

Have you been thinking about becoming a leadership coach ? Are you already a leadership coach, but struggling with turning your passion and aspirations into a successful business?

In this episode, I address the growing interest in executive coaching as a career transition, especially among former executives, HR professionals, and leadership development experts. I discuss the need for a clear understanding of whether their coaching endeavor is intended as a hobby or a business, highlighting the significant differences between the two approaches.

In this episode:

  • Distinguishing between coaching as a hobby and coaching as a business
  • Essential skills and training for coaching
  • Business considerations for coaching
  • What to think about to create a profitable coaching business
  • And more!

Power Presence Academy: Practical Wisdom for Leaders is the go-to podcast for anyone who leads. Your host is Janet Ioli, leadership and human development expert, sought-after coach and advisor to global executives, and former executive with experience in four Fortune 100 companies. She helps leaders ground themselves with confidence, connection, and purpose and learn to lead with Less Ego, More Soul.

 

Noteworthy Quotes from This Episode

“What I find is a lot of people look at this field and think it looks glamorous – I can be helping people, oh, it’s lucrative, etc. Yet, for them, it’s really more of a hobby, and they aren’t really understanding what it takes to create a successful business in this area.”

“You control your destiny. I think that’s really how I feel about […] the difference between the entrepreneurial and the corporate world.”

“The coaching piece is really helping people see their strengths, their weaknesses, taking a look in the mirror, holding up the mirror for someone in a very safe space, and letting them figure out the answers to their own problems, rather than you telling them what the problem is.”

“I would recommend getting a coach yourself. You’ve got to do work on yourself to see some of your triggers, to see some of the things that may get in your way when you’re trying to help other people.”

 

Resource Links: 

Executive Coaching Bootcamp starting in August. Contact support@janetIoli.com for more information!

If you want to become more grounded, confident, and aligned with your deeper values in just 21 days. Check out my book Less Ego, More Soul: A Modern Reinvention Guide for Women.

If you enjoyed this episode, please leave a review on Apple PodcastsSelect “Listen in Apple Podcasts,” then choose the “Ratings & Reviews” tab to share what you think.  

Connect with Janet Ioli:

Linkedin: Janet Ioli

Instagram: @janetioli

Website: janetioli.com

Janet is the founder of Power Presence Academy.  She helps leaders ground themselves with confidence, connection, and purpose and lead with Less Ego, More Soul.

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Produced by Ideablossoms