Life Coaching

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Life Coaching is a trend that has grown over the last decade. This profession has been on the fast track since the 1980’s, and has been through several changes (9). Even though it has been around, many life coaches are now going into business, making a living out of coaching. The book, The Business and Practice of Coaching: Finding Your Niche, Making Money, & Attracting Ideal Clients, gives a detail plan on how to start a coaching business and become profitable. This review will look at how the authors, Lynn Grodzki and Wendy Allen, depict how to start a coaching business, how one can take tips given and apply it to their business. Is coaching a trend or fad? This question opens up the first part of this book. A trend is something that will …show more content…

Know the differences between coaching, therapy and consulting. Even though these professions are similar, they have distinctive differences. Coaching focuses on the present and the future whereas therapy focuses on the past (25). In defining the difference between therapy and coaching, the authors created five criteria to help distinguish the two. The who (population), what (purpose), where (setting), why (intent), and how (skills). Knowing the differences will help the coach come up with an objective that will them know what population they want to reach, where it will take place, the purpose of why they are coaching, the skills they plan to use, and what they expect from their …show more content…

According to Grodzki & Allen you need three fundamentals to improve your entrepreneurial ability, strategic information about the business of coaching, an entrepreneurial mind-set and professional and peer support (126). Many people in business know a substantial amount about their business. They know what their potential audience wants and based off that, they grow their business. Grodzki & Allen created a strategic checklist exercise that allows the reader to see if they are ready to become business owners. Being a business owner requires you have a business mind-set. Developing a business mind-set means knowing how to think like a successful entrepreneur, by adopting an optimistic yet pragmatic attitude in order to make the right business decisions (132). If you think negatively and always worry, you may hamper all you efforts. By being positive allows you handle all the ups and downs that come with owning a business. Owning a business can be stressful. Seek advice from fellow colleagues. Create an advisory council. The purpose of this council is to guide the coach on the direction of his or her business (136). By making sure that this is something you’ll enjoy, will allow the coach to have financial success. When a coach has invested time and sweat into their business, emotions may play pivotal role in how successful the business will be. An emotionally intelligent way to operate in a

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