26 Business Ideas For Life Coaches [2024]

Updated: September 21st, 2024

Interested in starting a business as a life coach in 2024?

If managed well, building a business as a life coach could be more lucrative than employment. So, which are the best business ideas for Life Coaches?

We put together 26 of some of the best life coach business ideas you can start in today.

For each business idea, we'll show you real-world examples of other life coach businesses to help you see what it takes.

Here's the full list:

1. Create an online course ($83.3K/month)

Starting an online course as a Life Coach allows you to leverage your expertise and make a significant impact while supplementing your income. You could identify educational gaps in personal development, career transitions, or emotional resilience and develop engaging video lessons along with supplementary materials that cater to these needs.

With the flexibility to design self-paced or cohort-based structures, you could attract a diverse student base and generate passive income. This venture presents a low-cost, high-impact opportunity to extend your coaching reach, serving lifelong learners eager for convenient access to your specialized knowledge.

How much you can make: $275 — $1,000,000/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 88 days (?)

How This 28-Year-Old Couple Quit Their Jobs And Make $20K/Month Running A Blog

Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.

Read by 28,856 founders

2. Become a business coach ($55K/month)

As a life coach, you could supplement your income by becoming a business coach, using your expertise to guide aspiring entrepreneurs toward their goals. By leveraging your skills in specialized business fields such as marketing, e-commerce, stress management, or leadership, you could provide valuable insights to help small-business owners overcome their challenges and succeed.

Many small-business owners struggle to get started, grow, and sustain their businesses. As a business coach, you could assist them in identifying new opportunities and making the most of existing ones, all while earning a healthy income. This dual approach not only broadens your client base but also enhances your professional fulfillment by making a tangible difference in the entrepreneurial community.

How much you can make: $3,500 — $400,000/month

How much does it cost to start: $2,749 (?)

How long does it take to build: 60 days (?)

How I Started A $100K/Month Business Mentoring Dropshipping Entrepreneurs

Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.

Read by 25,760 founders

3. Substack newsletter ($42.6K/month)

As a life coach, starting a Substack newsletter could be an excellent way to supplement your income and build a side business. By offering your expert insights and diving into niche topics related to personal development and well-being, you could attract a dedicated audience willing to pay for your valuable content. Whether you write about coaching techniques, success stories, or offer practical advice, there's an audience ready to benefit from your expertise.

Substack handles the subscriptions and payments, so you could focus entirely on creating compelling content. Building a loyal subscriber base would involve providing consistent, high-quality material that resonates with your readers. Regular interaction through comments and email could foster a sense of community, enhancing reader loyalty and increasing the potential for long-term income from your newsletter.

How much you can make: $160 — $250,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 20 days (?)

Time commitment per week: Min. 2 hours/week

How I Started A $140K/Month Flights And Holidays Deals Newsletter

I Know The Pilot founder Garth Adams shares how he grew his airfare and accommodation deals newsletter from a simple WordPress site to over 780,000 email subscribers, 110,000 app users, and 550,000 Facebook fans on a 100% free business model, and how he's pivoted domestically during the Covid-19 pandemic.

Read by 14,427 founders

4. Start a business coaching ($391K/month)

Starting a business coaching service aligns seamlessly with your experience as a Life Coach. By guiding entrepreneurs, managers, and professionals through their business challenges, you could help them develop strategies and improve their overall performance. This could include leadership development, productivity enhancement, or market strategy optimization.

Through one-on-one sessions, you could create customized plans and hold clients accountable for their progress, leveraging your skills to understand their unique needs and set clear objectives. The demand for skilled business coaches is on the rise, providing an excellent opportunity to tap into a growing market. By pursuing this path, you not only enhance your professional expertise and network but also achieve personal satisfaction and financial gains, ultimately cultivating a fulfilling career in business coaching.

How much you can make: $3,500 — $4,166,667/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 60 days (?)

How I Built A $24K/Month Mentorship Marketplace

MentorCruise is a career coaching marketplace generating $24k MRR and processing $1M annually for mentors, with most traffic and sales coming from SEO and organic sources, currently looking to expand to the B2B market.

Read by 6,525 founders

5. Become a wellness coach ($48.2K/month)

As a life coach, you could diversify your services and supplement your income by branching into wellness coaching. Given your expertise in guiding individuals towards personal growth, expanding into health and wellness could help you attract a broader clientele by addressing holistic well-being.

With the increasing popularity of wellness coaching, positions such as corporate wellness coach, yoga teacher, or nutritional therapist offer lucrative opportunities to enhance your portfolio. By focusing on areas like stress management, weight loss, or improved energy levels, you could provide comprehensive support to clients, thereby strengthening your business and opening doors to new coaching avenues.

Depending on your ultimate career goals, budget, and available time, you could align your wellness coaching with your existing life coaching practice to create a compelling, multifaceted coaching business.

How much you can make: $100 — $300,000/month

How much does it cost to start: $800 (?)

How long does it take to build: 60 days (?)

How I Started A Mobile Yoga Studio

Chakra5 is a mobile wellness team that generates $6k per month doing yoga/meditation/pilates classes, vegan cooking classes and sound baths on demand, boasting a strong online presence to attract and retain customers while also using free tools to keep monthly business costs below $100.

Read by 11,996 founders

6. Start a podcast ($97.9K/month)

Starting a podcast could be a strategic move for you as a Life Coach, allowing you to share your expertise and connect with a broader audience. By choosing a niche that resonates with your coaching specialties, you could produce valuable content that appeals to potential clients looking for guidance and self-improvement. This could not only supplement your income but also establish your authority in the life coaching community.

With some basic recording equipment and an affordable hosting platform, you could start creating episodes that delve into various aspects of personal development, relationships, and career advice. Promoting your podcast through social media channels and online communities could help you build a loyal listener base, while opening doors to sponsorship opportunities and additional revenue streams.

Moreover, a podcast offers you the chance to showcase your skills and personality, making it easier for listeners to connect with you on a personal level. This deeper connection could lead to increased inquiries for one-on-one coaching sessions, effectively turning your podcast into a powerful marketing tool for your primary business.

How much you can make: $400 — $1,020,000/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 60 days (?)

Time commitment per week: Min. 2 hours/week

How I Started A Successful Podcast Production Company

A successful podcast production company that grew from one client making $15/hour to a team of 10 contractors producing over 30 shows per week with revenue of over $10k/mo, primarily through referrals and with a focus on providing high personal touch and being picky about working only with clients who are a good fit.

Read by 19,196 founders

7. Become a blogging coach ($26.4K/month)

As a Life Coach, you could expand your expertise by becoming a blogging coach, leveraging your communication skills to help others succeed online. By offering blogging courses in various subjects, you could guide your audience on how to create and manage successful business blogs, select impactful topics, and optimize conversions. This could be an excellent way to supplement your income and diversify your services.

Given the increasing popularity of blogging as a content marketing strategy, businesses and individuals are in need of expert guidance. You could teach how to repurpose and promote blogs effectively, passing on your knowledge to help others thrive in the digital space. With the right approach, this venture could not only enhance your brand but also offer substantial profit opportunities.

How much you can make: $3,000 — $80,000/month

How much does it cost to start: $250 (?)

How long does it take to build: 12 days (?)

How I Started A Blog With Over 500K Monthly Visitors And Generates $35K/Month

Ryan Robinson explains how he built a blog with over 500k monthly visitors and generates $25,000-$55,000 in revenue each month through affiliate partnerships, sponsorships, and his own digital products like courses and books.

Read by 9,206 founders

8. Start a slack bot business ($2.04K/month)

As a life coach, you could tap into the growing demand for productivity tools by starting a Slack bot business, which creates and sells custom automated programs designed to boost efficiency within the Slack messaging platform. These bots can handle a range of tasks, like scheduling meetings, sending reminders, and providing instant access to information—all of which can be particularly valuable to your clients looking to optimize their workday and maintain focus on their goals.

With minimal startup costs, primarily requiring programming knowledge and access to free Slack developer accounts, this venture offers an accessible way to diversify your income. Leveraging your understanding of the unique challenges your clients face, you could design bots that specifically address these pain points, providing tailored solutions that enhance their day-to-day operations and productivity. This not only positions you as a tech-savvy coach but also opens up new revenue streams, making your coaching practice more versatile and resilient.

How much you can make: $245 — $5,200/month

How much does it cost to start: $150 (?)

How long does it take to build: 30 days (?)

Time commitment per week: Min. 3 hours/week

How I Built My Own Business Improving Online Dating Profiles

The Match Artist helps singles take amazing photos for their online dating profiles through a 3-hour executive shoot, coaching, and email course, pioneering a new genre of photography, with an average monthly revenue of $5,000-$6,000 and a plan to double down on paid ad campaigns in the future.

Read by 12,559 founders

9. Start a life coaching business ($19.7K/month)

Starting a life coaching business is a natural progression for someone already invested in helping others optimize their lives. With the life coaching industry being worth over $2.85 billion and growing rapidly, you could tap into a profitable and expanding market. Given your background in utilizing emotional intelligence, professional knowledge, and personal experience, you would be well-positioned to offer valuable guidance to clients in various areas of their lives.

You could begin this venture with minimal startup costs—just a computer, a high-speed Internet connection, and a LinkedIn account. By starting part-time, you could supplement your income while gradually building up a loyal clientele. This flexible approach allows you to balance your current responsibilities while scaling your side business into a full-time endeavor, if desired.

How much you can make: $100 — $120,000/month

How much does it cost to start: $750 (?)

How long does it take to build: 90 days (?)

Time commitment per week: Min. 5 hours/week

How I Launched A $5K/Month Platform To Connect With Growth Mentors

GrowthMentor, a platform connecting vetted growth mentors for one-on-one calls, founded by Fotis Panagiotakopoulos, has had over 2,500 mentorship calls booked to date and has seen success in using word of mouth, content marketing, and leveraging other people's networks as the primary drivers of customer acquisition.

Read by 46,024 founders

10. Start an online book store ($37.7K/month)

Starting an online book store offers numerous opportunities for Life Coaches looking to supplement their income or even transition into a new entrepreneurial venture. As a life coach, you likely already have a wealth of knowledge and resources that you share with your clients. By opening an online book store, you could expand your reach by selling self-published books that capture your philosophies and methodologies, as well as curated selections that resonate with your coaching themes.

Moreover, the curated nature of your book inventory could allow you to create a unique brand that differentiates you from mass retailers like Amazon. By focusing on niche markets such as self-help, personal development, and rare or out-of-print titles, you could build an engaged community of book lovers who value the unique insights and specialized knowledge you offer.Venturing into selling on high-traffic platforms like eBay or Abebooks would also enable you to connect with a broader audience.

How much you can make: $200 — $120,000/month

How long does it take to build: 60 days (?)

How I Generate $10K/Month As An Indie Writer

This case study follows full-time thriller and action-adventure author Nick Thacker who earns between $10k to $20k per month from writing, predominantly through Amazon Kindle Unlimited sales, and goes in-depth into his self-publishing strategy which maximizes sales and minimizes costs, such as developing a mailing list and utilizing print-on-demand services.

Read by 10,810 founders

11. Start a mom blog ($5.33K/month)

Starting a mom blog could be an excellent opportunity for you as a Life Coach to supplement your income while leveraging your unique insights into personal growth and parenting challenges. By sharing your expertise and personal experiences, you could create resourceful and encouraging content that resonates deeply with moms who are in search of guidance and support. Given that parenting can be an overwhelming journey, your blog could serve as a much-needed lifeline for many mothers feeling isolated or overwhelmed.

In addition to providing valuable content, you could monetize your mom blog through various channels, such as affiliate links and selling your own merchandise. This not only creates a new revenue stream but also builds a community of engaged readers who trust your expertise and advice. This platform could further enhance your credibility as a Life Coach and potentially attract new clients who discover you through your blog's content.

How much you can make: $3,000 — $10,000/month

How much does it cost to start: $500 (?)

How long does it take to build: 150 days (?)

How I Started A $10K/Month Blog About Motherhood

Mom blogger creates two related businesses, one generating 8-10k Canadian dollars per month in traffic revenue, and another offering courses to new bloggers about how to monetize their sites, all at an initial investment of $2,000, and largely based on her Pinterest presence.

Read by 10,224 founders

12. Become a Facebook ads consultant ($801K/month)

As a life coach, tapping into the booming field of Facebook ads consulting could provide you with an exciting opportunity to diversify your services and generate additional income. With your existing expertise in understanding client needs and personal goals, you could leverage this knowledge to help businesses or fellow professionals create powerful ad campaigns. By targeting the right audience and promoting the right products, you could effectively drive traffic to their websites and help them achieve their goals.

The rise in popularity of Facebook ads consultants means there's a growing demand for skilled professionals who know how to manage campaigns successfully. This could be your chance to establish a niche service that combines your coaching skills with digital marketing expertise. Not only could this new venture offer you a predictable, passive income stream, but it also allows you to expand your professional scope and stay ahead in the ever-evolving landscape of online business.

How much you can make: $3,000 — $8,000,000/month

How much does it cost to start: $1,175 (?)

How long does it take to build: 45 days (?)

How I Disrupted The Ad Industry And Grew My Business To $20M/Year

MonetizeMore founder and CEO shares his success story of growing his ad optimization business to over $20M in annual revenues by focusing on the offering that delivered the best results, using content marketing for lead generation, and establishing strategic partnerships with complimentary businesses.

Read by 21,882 founders

13. Become an UX service provider ($84.3K/month)

As a Life Coach, you could leverage your keen understanding of human behavior and personal development to excel as a UX service provider. This role allows you to shape how users interact with digital products, ensuring their journey is seamless, efficient, and enjoyable. With businesses increasingly focusing on digital platforms, your ability to understand client needs and optimize user experiences can lead to improved engagement and customer satisfaction.

You could apply your empathetic mindset and effective communication skills to work closely with clients, translating their business goals into user-centered design solutions. Your expertise in wireframing, prototyping, and user testing could set you apart in this evolving field. By continually updating your skills and portfolio, you could carve out a niche in the booming tech industry, making significant contributions to the future of digital experiences.

How much you can make: $2,500 — $350,000/month

How much does it cost to start: $4,000 (?)

How long does it take to build: 60 days (?)

How I Started A $160K/Month User Experience Design Agency

UX Studio, a user experience design agency based in Budapest, Hungary, founded by Dávid Pásztor, has grown to generate almost $2 million USD in revenue per year with a profit rate of 20.5%, while supporting dozens of clients across various industries and running two successful independent product teams.

Read by 12,756 founders

14. Become a public speaker ($72.3K/month)

Becoming a public speaker could be a natural extension of your life coaching career, allowing you to reach larger audiences with your powerful messages. By sharing your life experiences and wisdom gained through coaching, you could inspire others to achieve their own success and personal growth. This approach aligns perfectly with the core principles of life coaching, which focus on transformation and empowerment.

To transition smoothly into public speaking, you could leverage your existing coaching framework and pivot your genuine passion for helping others into keynote speeches or motivational sessions. Starting a social media channel to share your speeches and insights could help you gain visibility and perhaps even go viral, expanding your influence and client base. This not only supplements your income but could also lead to establishing a full-fledged business centered around public speaking and motivational events.

How much you can make: $7,000 — $200,000/month

How much does it cost to start: $3,000 (?)

How long does it take to build: 90 days (?)

How I Launched A Six Figure Online Membership That Helps Coaches & Service Providers Make Their First $10K Month

Founder Ellen Yin shares how she profitably bootstrapped growth from a $300 client project into 7 figures in lifetime revenue and how she launched a $10K/month online course using pre-selling to test and validate her offer.

Read by 8,206 founders

15. Start an influencer platform ($71.6K/month)

As a Life Coach, starting an influencer platform offers you an exciting opportunity to supplement your income and potentially develop a thriving side business. By leveraging your expertise in personal development and your network, you could create a digital space where influencers and brands seamlessly collaborate. This online marketplace could allow brands to find influencers whose values and audience align perfectly with their mission, ensuring authentic and impactful partnerships.

Imagine offering built-in analytics tools to track campaign performance, providing a clear advantage for both influencers and brands in measuring success and improving engagement. Although developing user-friendly software and curating a robust database might require some initial effort, the results could be highly rewarding. With the growing impact of social media and digital marketing, stepping into this realm could significantly boost your income while empowering others to achieve greater visibility and influence.

How much you can make: $500 — $350,000/month

How long does it take to build: 240 days (?)

I Built $140K+ MRR SaaS With No Audience & Sold It For $3.5M

This case study is about a founder who launched a paywall platform for content creators in 2019, bootstrapping it from $0 and eventually selling it for $3.5M on Flippa, with the platform generating between $125,000 - $142,000 in Monthly Recurring Revenue (MRR) on 95% margins.

Read by 10,034 founders

16. Start a freelance writing business ($62.6K/month)

As a life coach, starting a freelance writing business could be an excellent way to supplement your income or even build a completely new revenue stream. You could leverage your expertise and insights in personal development, mindset, and goal-setting to write compelling articles, blog posts, and eBooks. Such content could attract individuals who are seeking guidance and inspiration, thereby broadening your reach and influence beyond one-on-one coaching.

Freelance writing offers the flexibility to work around your current coaching schedule, allowing you to create your own hours and work from home. With your strong communication skills, ability to meet deadlines, and self-starter mindset, you are well-equipped to succeed in this field. By staying up-to-date with current writing tools and trends, you could produce high-quality content that resonates with your audience while also paving the way for new coaching opportunities.

How much you can make: $700 — $500,000/month

How much does it cost to start: $500 (?)

How long does it take to build: 56 days (?)

How I Started A $80K/Month Content Writing Business

How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.

Read by 24,814 founders

17. Start a business podcast ($111K/month)

Starting a business podcast could be a fantastic opportunity to supplement your income as a Life Coach. By sharing industry insights, trends, and expert interviews in your niche, you could position yourself as a thought leader and attract a dedicated following of business enthusiasts and professionals.

Imagine engaging with your audience on platforms like Spotify or Apple Podcasts, all while generating ad revenue. The low upfront costs and flexible scheduling make it easy to integrate podcasting into your life. With a clear vision and commitment to quality content, you could build a loyal listener base and significantly expand your influence in your field.

How much you can make: $4,000 — $349,983/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 135 days (?)

Empire Flippers: $20M/Year Helping People Buy And Sell Websites

Empire Flippers is a thought leader in brokering online business deals, having brokered over $50 million worth of deals and grown their pool of potential buyers by hundreds every month through a focus on content marketing and middle-of-funnel content.

Read by 10,500 founders

18. Start an online community ($21.6K/month)

As a life coach, starting an online community could provide a rich avenue for supplementing your income and expanding your influence. You could create a dedicated space where clients and followers can come together to share their experiences, seek advice, and find inspiration, thereby fostering a sense of belonging. This would not only strengthen your client base but also offer numerous monetization opportunities.

For example, you could sell exclusive products and services tailored to the unique needs of your community. Promoting affiliate links, running ads, and offering paid memberships are other ways to generate revenue. Additionally, you could host webinars, workshops, or sell sponsored content, charging companies to reach your engaged audience. Through these strategies, you could turn your online community into a profitable extension of your coaching business.

How much you can make: $100 — $162,620/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

Time commitment per week: Min. 4 hours/week

This VC Taught Himself How To Code And Is Bootstrapping His Own Startup

VC-turned-entrepreneur Phil Strazzulla, who previously built a successful b2b SaaS business, shares how he bootstrapped an online review site for HR software into a viable business with over $1k monthly revenues in just 3 months through organic search traffic growth and selling high intent leads.

Read by 17,651 founders

19. Start a niche investment platform ($167K/month)

As a Life Coach, you could start a niche investment platform to diversify your income streams and leverage your skill set in guiding people toward meaningful investments. This venture allows you to create a specialized online exchange that deals in alternative asset classes like collectibles, cryptocurrencies, or real estate, bringing transparency and flexibility to your clients' portfolios.

By offering a unique service that caters to specialized investors, you could build an exclusive user base and generate a steady stream of recurring revenue through transaction fees and premium subscriptions. This platform could appeal to those looking for asset diversification and unique investment opportunities, making it a compelling addition to your service offerings.

How much you can make: $2,000 — $600,000/month

How long does it take to build: 180 days (?)

How We Started A $40M Real Estate Investment Fund

Equity Residences is a luxury real estate investment fund that has raised $40 million from over 200 investors, offering them access to a portfolio of luxury vacation homes for investment and personal use, with a minimum investment of $161,500 and plans to acquire a further twenty residences ranging from $1.5M to $4M.

Read by 13,318 founders

20. Become an author ($227K/month)

As a life coach, you could harness your expertise and experiences to become a successful author, offering insights and guidance to a broader audience. By writing books that delve into personal development, motivation, or specific coaching techniques, you could expand your brand and create new revenue streams. Your unique experiences and transformational stories could resonate deeply with readers, helping them achieve growth and inspiring potential clients to seek your coaching services.

The flexibility of self-publishing allows you to maintain control over your work and leverage your established network to market your books effectively. Additionally, successful publications could lead to speaking engagements, workshops, and other opportunities to further supplement your income. Embracing the journey of authorship could not only elevate your career but also help more individuals benefit from your wisdom and support.

How much you can make: $200 — $1,500,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 90 days (?)

How I Generate $10K/Month As An Indie Writer

This case study follows full-time thriller and action-adventure author Nick Thacker who earns between $10k to $20k per month from writing, predominantly through Amazon Kindle Unlimited sales, and goes in-depth into his self-publishing strategy which maximizes sales and minimizes costs, such as developing a mailing list and utilizing print-on-demand services.

Read by 10,810 founders

21. Start an online reputation management business ($167K/month)

Starting an online reputation management (ORM) business could be a seamless extension of your life coaching career. As a life coach, you already possess the essential skills of guiding individuals through personal and professional challenges, making you well-equipped to help clients curate a positive digital presence. By leveraging your expertise in communication and problem-solving, you could assist individuals and companies in improving their online footprints through strategies like search engine optimization and public relations.

You could offer services such as social media cleanup and blog outreach, allowing your clients to reclaim their web narratives and fostering a more favorable online image. This entrepreneurship opportunity not only diversifies your income but also solidifies your role as a multifaceted consultant, tapping into the billion-dollar industry of online reputation management. Plus, with the ability to operate from anywhere, this side business offers the flexibility to blend seamlessly with your existing coaching practice.

How much you can make: $710 — $550,000/month

How long does it take to build: 60 days (?)

I Bootstrapped A $3.6M/Year Online Review Software In 180 Days

ReputationStacker is a subscription software that simplifies and automates the process of getting more online reviews, helping businesses to manage their online reputation and grow their customer base; currently generating over $300k monthly revenue with low churn rates and a strong customer support team.

Read by 11,496 founders

22. Start a nurse staffing agency

Starting a nurse staffing agency could align well with your expertise as a Life Coach. The current healthcare worker shortage is a significant issue, and you could play a pivotal role in addressing it by recruiting and supplying professional nursing personnel to healthcare institutions in need. As a Life Coach, your skills in understanding human potential and fostering personal growth could be instrumental in identifying and nurturing the best nursing talent.

Acting as the middleman, you would facilitate connections between healthcare establishments and skilled nurses, similar to how you guide clients to their goals. This business venture not only offers the opportunity to earn extra income but also allows you to make a substantial impact on the healthcare landscape, providing viable employment options and improving patient care. It’s an entrepreneurial path that marries financial gain with the meaningful reward of community service.

23. Start a SEO business ($105K/month)

As a life coach, you could leverage your understanding of personal development and strategy to start an SEO business, helping other businesses enhance their online visibility. SEO, or Search Engine Optimization, focuses on improving a website's ranking on search engines like Google. This involves analyzing, strategizing, and optimizing content and web structures to match search engine algorithms.

The demand for SEO expertise is consistently growing, which presents a lucrative opportunity to supplement your income or even transition into a full-time entrepreneurial venture. Set your own hours, build long-term relationships with various clients, and use your knack for research and strategic mindset to drive significant online success for those you work with. Balancing creativity with analytics, you could play a pivotal role in other businesses achieving a stronger online presence and relevance.

How much you can make: $5,000 — $600,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 60 days (?)

Quitting My Full Time Agency Job To Build My Own Software Product

OneSEO.io is an SEO marketing business that helps digital agencies and business owners increase website relevancy, generating over $50,000 in revenue with an average MRR of $15,000 through Facebook ads and email marketing, with a focus on providing value to leads and building trust.

Read by 14,654 founders

24. Start a wellness subscription box

As a Life Coach, you could expand your reach and supplement your income by creating a wellness subscription box. This smart business move capitalizes on your existing expertise and client base, offering added value through curated products, online wellness courses, or exclusive health-related content. By tapping into the growing market of recurring wellness services, you could create a consistent revenue stream while providing tangible tools and resources that support your clients' well-being and personal growth.

Moreover, the recurring billing model helps foster long-term relationships, encouraging clients to invest continuously in their personal development. This sustainable business approach not only boosts client retention but also allows you to make a significant impact on their lives beyond traditional coaching sessions. With the right mix of products and services, your wellness subscription box could turn into a thriving side business or even your primary source of income over time.

25. Start a content writing company ($46.4K/month)

As a Life Coach, starting a content writing company could be a great way to supplement your income or even create a completely new business venture. Utilizing your deep understanding of human motivation and personal development, you could produce engaging and insightful blog posts, eBooks, and podcasts that resonate with people looking to improve their lives. This makes you uniquely positioned to create content that stands out in a crowded market and attracts a dedicated audience.

Moreover, by running your own content writing business, you could set your working schedule and choose manageable workloads, allowing you to balance your coaching sessions and content projects seamlessly. The demand for high-quality, educational content is ever-growing, providing a steady source of passive income as companies look to connect with an online audience hungry for valuable information.

To get started, you could research the market to identify a niche that aligns with your expertise, develop a business plan, and create a website to showcase your offerings. Consider hiring a team of talented writers and utilizing modern technology to ensure efficient operations. This entrepreneurial venture could not only diversify your income streams but also expand your influence and impact as a thought leader in personal development.

How much you can make: $1,000 — $550,000/month

How much does it cost to start: $600 (?)

How long does it take to build: 30 days (?)

How Dani Mancini Transformed Her Freelance Gigs Into A SaaS Business

Scribly.io, a subscription-based copywriting service providing high quality content that helps businesses scale at roughly 50% of the cost of hiring in-house, created by Dani, a first-time entrepreneur who started with just a few hundred dollars worth of projects and with the help of three other writers; as of last month, Scribly.io topped $14K monthly revenue.

Read by 13,399 founders

26. Become an IT consultant ($27.4K/month)

As a life coach, you could leverage your analytical skills and experience in goal-setting to step into the role of an IT consultant. By applying your acute understanding of personal and professional development, you could help businesses evaluate and optimize their IT systems to better meet their objectives.

This venture could provide you with an additional income stream while allowing you to continue empowering individuals and organizations. With your unique perspective on achieving success, you could offer insightful and holistic solutions to your clients’ IT challenges, ultimately enhancing their operational efficiency and business outcomes.

How much you can make: $2,100 — $4,166,667/month

How much does it cost to start: $500 (?)

How long does it take to build: 45 days (?)

How I Started A $6K/Month SEO And Digital Marketing Agency In Bangladesh

This case study features Md. Yousuf Ali, the founder of Rank Trends, who shares how he started a successful digital marketing agency, which generated a revenue of over $6k per month through SEO and video production services.

Read by 12,518 founders

meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.