How Much Does It Cost To Start A Life Coaching Business? (In 2024)

$500 in Google Ads budget.

Fotis Panagiotakopoulos is the founder of GrowthMentor, a platform that connects users with experienced growth mentors.

"Since I was only seventeen years old with zero credit, I boot-strapped everything. Creating an SMMA can be done very cheaply which is why it appeals to so many people. You don’t even need a website! My costs were around creating professional presentation materials, traveling to prospective clients, and subscriptions to a few common eCommerce services: that’s it."

Iman Gadzhi is the founder of IAG Media, a social media marketing agency, and Grow Your Agency, an education company that teaches entrepreneurs how to start and scale a profitable SMMA.

"Our first 2 clients for the Coaching program came from our workshops and we sold those programs for $1,800 each on the back end of the workshop."

Jim Ackerman is the founder of Ascend Marketing, a marketing coaching business that developed a unique program offering a 200% Return On Investment Guarantee.

"As we made money through our workshops from day one on, we didn’t need any funding."

Sinem is the founder of Personal Growth Base, a personal development business that focuses on seminars, books, online courses, and blogging.

"I had approached my local entrepreneurial startup government program and pitched my radio project and found an investor. He invested a total of $25,000."

Holly Hall is the founder of Ask Holly Hall, a clairvoyant life coach business that has been endorsed by Dr. Shefali and featured on numerous TV shows, including multiple appearances on Oprah.

"This came with several startup costs including the legal side of launching the business as well as ordering soccer coaching equipment for each and every coach. I also had to order scheduling software, learn the ins and outs of hiring employees in Washington state, order business insurance, and learn the marketing side as quickly as possible."

Sarah Wolfer is the founder of Girl Boss Sports, a sports coaching service business that started in 2018 and earns around $4,700 per month.

"In 2017 I launched an international Academy, based on my first book Buddha Belly with little to nothing as far as the financial startup goes and grew it into a six-figure business by year two."

Brittney Oliver is the founder of the Holistic Wellness Coaching Academy, a gut health and mindset coaching business that has grown significantly since its inception.

"Getting started initially was all funded by my main job at the time (gym management). From there I decided to invest in mentorship and took out an additional loan for my first big coaching course (The Fletcher Method Mastery Program) which is brilliant by the way."

Tobias Young is the founder of Tobias Young Fitness, an online fitness coaching business that started with personal investment and mentorship loans.

"My overhead is very low since I rent an office space in a gym who I partner with and coach for. My client portal including scheduling, billing, food journaling and a phone app is about $65 a month making it an easy all in one service. I also hire a team of website designers and small business gurus who I pay $500 a month to help me grow and develop RDRx Nutrition called Estus."

Haley Hughes is the founder of Haley Hughes (Registered Dietitian Prescribed), a nutrition counseling private practice that provides customized nutrition plans and 24/7 support to clients.

"Starting with literally 0 dollars and a hell of a lot of drive I successfully built my business into the 6 figures in less than a year."

[Founder Name] is the founder of TeamFFLEX, an online personal training business that coaches athletes, Hollywood actors, professional musicians, and everyday people all around the world.