Private coaching online can offer the potential for high earnings for people with expertise in many different fields. This is something that can be done as a side hustle to make extra cash or even full-time to replace a 9-to-5 job. You need something to teach or a way to help others, and you need a way to find new clients.
Luckily, the internet has made doing this type of work rather easy as a freelancer. You can find coaching clients on a number of different websites and pay very reasonable rates on some of them to obtain those customers. My recommended choice of these websites is Coach.Me. I’ll be talking about this site in this article to give you tips on getting started.
Coach.Me Coaching Services
A website called Coach.me can be used to make money coaching other people in a wide variety of categories. Habit coaching is available in health, fitness, productivity, sleep, addiction, saving money and more. There is also traditional coaching covering business, health, fitness, marketing, relationships, writing, sales, productivity and more.
To list your coaching services here, you’ll need to pay $5 per month. This can easily be regained from a single client and also allows you to promote your own website on your listing, so you can consider that a marketing expense. As long as you’re actively working as an online coach and looking for new clients, it’s an expense that is well worth it.
Services that you sell through the website are charged different levels of fees. If you simply use some of their tools with existing clients that have purchased coaching from you outside of this website, you can just pay them a payment processing fee of 5% plus 30 cents. However, other sales are billed at varying rates depending on the types of services. You get to set your own rates for the services you sell, so you will ultimately be able to set your income level as long as there is a demand for your experience.
Cross-Promotion Revenue
This site also has an affiliate program that coaches can participate in to increase revenue and also to gain more clients. You can send clients to other coaches and vice versa. However, to be part of this program you’ll need to share 50% of your initial billings with the referring affiliate, although this is capped at $1k and recurring payments in future months aren’t shared. Payouts are direct through Coach.me once a month for services sold there.
It can be worthwhile to participate in this program since it’s a way to get more clients for yourself and earnings are limited to the first month of payments, so you won’t share revenue for all of the work you do for referred customers.
The program can also be a helpful way to complement your own services by referring customers to other experts in relational fields that you do not cover. By working with a few other coaches, you all may be able to help each other out with additional clients while also being able to provide more complete services.
Grow Your Audience
While it is certainly possible to build up a list of clientele on Coach.me over time, if you want to make this a full-time business then you should put forth some effort to build your own audience. This can be done with your own website and/or with social media accounts.
By bringing your own clients to the site, you’ll actually make yourself more likely to gain new customers. The more activity and reviews you have on your profile on Coach.me, the more exposure you’ll receive from them and the more likely customers are to choose you for help.
Try creating useful content that can attract your potential clients. As an example, a writing coach could have a website with some introductory writing examples and possibly a YouTube channel with some videos on writing lessons. Viewers of these sites may be interested in private coaching for additional help to advance their career and improve their skills.
Being able to combine this strategy with a Coach.me profile can allow you to not only find more clients, but it can also let you charge a higher rate of pay. By being able to position yourself as a well-known authority figure in your niche through social networks and/or your website, people will respect what you have to teach them more. By making yourself more valuable in this manner, you earn a lot more money overall.