If you ask most people about coaches they will usually think about sports like football or basketball who teach sports athletes how to perform as a team as well as individuals.
Another type of coaching much in demand these days is an Internet business coach which offers a great way to make money. You will find there are many business people out there who will pay you to help them be more successful.
Many home business owners today using the Internet are small in size. Very often they may be individuals trying to turn a passions into niche home business ideas online.
You as a business coach could offer encouragement and support to their clients. Quite often a person just needs someone to keep them focused to help them become more successful.
A typical example of this is a stay at home mom who needs to make money, but does not want to leave the home to do it. These people have a passion to be successful working from the comfort of their own home, but they need someone to help them learn how to do it.
Many people today do not even know how to start their own Internet business at home. Others may have great examples of products they want to market online, but are not sure how to go about doing that.
A business coach can help these people get their home business started and on the way to success. To be a business coach requires you to have a wide range of knowledge.
Being a helpful business coach doesn’t mean you have to be an expert in HTML or advertising etc but it does mean that you need to know more than the clients that you are consulting with.
Certainly you should know enough to be able to give advice about how to start an Internet business, how to choose a profitable niche, marketing and advertising, how to build an email list, social networking and social media, and other things.
There are lots of people willing to pay almost anything to someone who can help them to be successful. You will have to decide on the niche you are going to target. Ultimately you may want to base this on your own expertise, as well as your own financial needs.
You will need to figure out what you need to average per hour to be successful as a business coach. At first you may need to start at a lower rate and then increase that as your customer base goes up and your testimonial list increases.