When you think about coaches you usually think about sports such as a football coach, or a basketball coach. These types of coaches teach athletes how to perform as individuals as well as a team.
Another type of coaching that is in demand and offers a tremendous way to make money is to become a business coach. There are business people who will pay someone like you to help them be more successful.
A business coach is someone who offers support and encouragement to their clients. Many times a person just needs someone to keep them focused to help them become more successful.
Many business owners today using the Internet are small in size. Often times they might be individuals who are trying to turn a passion they have into a niche business online.
A common 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.
Today many people do not even know where to start their own Internet business at home. Others may have examples of products they want to market online, but are not really sure how to go about doing that.
A business coach can help these people get their business started and on the road to success. Therefore to be a business coach you need to have a wide range of knowledge.
This does not mean you have to be an expert on everything from HTML to pay per click advertising. However you do need to know more than the clients that you are consulting with.
Possible things that you will need to know something about include how to start an Internet business, how to choose a profitable niche, advertising and marketing, how to build an email list, social media and social networking, and other things.
There are people who are willing to pay almost anything to someone who can help them be successful. You will need to determine 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 can sit down and figure out what you need to average per hour to be successful as a business coach. Initially you may need to start at a lower rate and then increase that as your customer base goes up and your testimonial list increases.