How to Decide What Type of Coaching or Consulting Business You Should Start
Starting a coaching or consulting business is a great fit with being a stay-at-home mom. Heaven knows you have a lot of experience or expertise to offer. Consultants tend to have a high hourly rate because they are considered experts in their field and they customize their knowledge to each client, helping create impactful results for their clients.
Are you the type of person who your friends come to for advice and ideas? Do they appreciate how well you listen and ask them questions that help them figure out what they want? You could make a great coach or consultant.
There are many types of coaching or consulting businesses you can start as a stay-at-home mom, but the question is, which one should you start?
Questions to consider when deciding what type of coaching business to start
What to people come to you for advice about?
This is a great place to start. What do you seem to know or understand better than your friends or family? Do they ask you for advice with parenting? You could be a parenting and discipline coach or consultant. How about organization or home decorating? You could start a business as an organizational consultant. Do they ask you how you come up with meal plans for your family? You could coach families through meal planning and grocery shopping. Are they always wondering what your workout routine is? You may be a prime candidate for a fitness coach.
What are you interested in talking about?
Is there something you think about all the time? Do you think about your food and the types of things you put in your body? Maybe you should consider wellness coaching. Do you love to give people advice on what they should do with their unique gifts and abilities? Try career coaching. Do you love making a budget and binging Dave Ramsey’s podcast (am I the only weirdo here?)? Try becoming a financial coach. Do you love planning trips and finding ways to get free airline miles? Try being a budget travel consultant!
What other professional experience do you have?
Before being a stay-at-home mom, were you in HR? You could try career and resume coaching. Were you in the marketing department at your firm? You could become a marketing consultant for small businesses. Did you help plan meetings and events at your last job? You could become an event consultant.
Are you willing to spend time and money on a certification?
You do not need a certification for all types of coaching and consulting. There is no certification police looking for a framed piece of paper calling you an expert. You do, however, need to prove you know what you are talking about, and understand that many other coaches in your same niche may have certifications so it could help you gain credibility. There are certifications out there for basically any type of coach or consultant you can think of. Just google “______ coach certification” and you’ll find a company willing to give you the training and certification you are looking for. Do research on the type of coach you want to become to determine if it is necessary or just an accessory to the business.