Professionals today are faced with uncertainty about the future of their jobs. External conditions are difficult to control, but you can prepare yourself for any contingencies.
- A rewarding and viable alternative career for corporate executives is executive coaching. Consider these 12 compelling reasons to pursue this career now:
- You already possess the fundamental skills required to be an executive coach since you are an experienced corporate professional. It is simply a matter of polishing up these skills and mastering 2-3 new skills in the niche you want to serve.
- An executive coach does not need to be certified or licensed to practice. Expertise and reputation are what sell executive coaches to clients, not necessarily certification, however, being certified does add to their credibility.
- The earning potential for executive coaches is significant. Executive coaches charge anywhere from $500 to $3,500 an hour.
- An executive coach can either work full-time or on a part-time basis as a side hustle.
- There is no significant investment required. The most basic setup requires a home office and a bank account.
- Technology advancements have made it possible for coaching professionals to work remotely and provide coaching services online. A coaching practice can be operated from home.
- Online marketing can help you locate and reach your executive coaching clients as a result of the popularity of professional networks and social media. At a low cost, you can access global markets from home.
- You do not have to quit your corporate job to pursue executive coaching. Starting a side business or practising as you transition is an option. You can always return to your corporate job if it doesn’t work out.
- Coaches enjoy high regard and dignity within professional circles.
- Remote working allows for a highly flexible lifestyle. The coach can manage his or her schedule and travel while continuing to work.
- In contrast to corporate environments, there is no pressure to retire. The majority of successful executive coaches begin their coaching careers in their forties and reach their career peak in their seventies.
- Executive coaching requires skills similar to those of a C-level executive. You will have multiple career opportunities in the future if you prepare yourself for a career as an executive coach.
Is There a Demand for Executive Coaches?
The answer is a resounding YES! A career in executive coaching can be rewarding as it helps others acquire valuable qualities and skills. Becoming an executive coach requires extensive leadership skills and experience. For more information about starting a career as an executive coach, get in touch with the team at Integrative Coaching today!