Leadership Coaching Business

Profitability

How Profitable Is A Leadership Coaching Business? (Updated for 2024)

Pat Walls

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Updated: September 22nd, 2024

How Profitable Is A Leadership Coaching Business? (Updated for 2024)

So you want to start a leadership coaching business?

And the first question that came to your mind was, “well, are leadership coaching businesses actually profitable?”

Especially considering:

You could start a leadership coaching business with as low as $500
Based on our data, leadership coaching businesses generate an average of $582K per year
You could see gross margins as high as 96% with leadership coaching businesses

There’s money to be made. Don’t worry.

But, I don't want to spoil it all. Below we’ll cover everything you need to know when it comes to the profitability of a leadership coaching business.

Let’s dive in!

Is a leadership coaching business profitable?

Yes, a leadership coaching business is generally a profitable business. However, you still need to consider several factors since these things always impact the overall outcome.

For instance, since average revenue is $582K per year with an estimated gross margin of %, you could expect to recover your investment within months or even less.

But of course, it all comes down to how much you earn compared to the potential revenues of your leadership coaching business.

To determine whether your business is profitable, you should earn more than your expenses in the beginning months. However, while you're in your first month, it can be challenging to know what to expect.

Therefore, you should maintain a record of your monthly expenses and income to determine whether you're meeting your goals. By doing this step, you can see how your leadership coaching business is doing and if any changes or adjustments need to be made to enhance or maintain your efforts.

Is a leadership coaching business worth it?

If you’re wondering if a leadership coaching business is worth it, the answer is a big YES. With leadership coaching businesses, you have the potential to earn $582K per year (this is based on data reported by real founders).

Further, you could have your initial investment back within months. Simply put, it’s a business worth a shot, especially if you have the resources and make the necessary efforts to achieve or surpass the target.

With a market size of $, it will be possible for you to build something that grows and turns into a flourishing business. As such, it’s the type of business you might want to consider starting.

Of course, you must learn and understand every aspect of running a leadership coaching business to ensure success. Still, as long as you have the initial investment and can endure a few months before your actual gains, this business could be worth it.

You might want to consider reading more specifics about successful leadership coaching businesses case studies.

Examples Of Profitable Leadership Coaching Businesses

Here are a few examples of profitable leadership coaching businesses, and a few more details about them:

1. World Renowned Coaching & Consulting ($576K/year)

Neal Oates, Jr. identified a growing demand for coaching and consulting services in the real estate sector and launched World Renowned Coaching and Consulting in 2022. By leveraging his luxury real estate experience, Neal turned his business into a $48,000/month enterprise that serves nine different industries.

Is it profitable? Yes
What's the gross margin? 96%
How much money it makes: $576K/year
How much did it cost to start: $1.2K

My Coaching Business Makes $48K/Month With 96% Profit

Case study about the founder building a successful coaching and consulting business generating $48,000 monthly, expanding from real estate to service-based businesses in nine industries, with growth for three consecutive quarters.

Read this case study

Read by 1,002 founders

2. SquarePlanet ($3.49M/year)

Brian Burkhart, founder of SquarePlanet Presentations & Strategy, came up with the idea for his business after witnessing a top doctor give a painfully boring presentation at a healthcare conference. The wasted time, money, and missed opportunities motivated him to help people improve their presentation skills. With his experience in business communications and a deep understanding of what makes presentations go wrong, he created SquarePlanet to provide consulting, training, and execution services for impactful presentations. The company has since seen consistent and upward revenue growth, working with big brands like Coca-Cola and Google.

Is it profitable? Yes
How much money it makes: $3.49M/year

How I Started A 7 Figure Business Helping People Give Presentations

SquarePlanet Presentations & Strategy is a Phoenix-based business communications firm that helps its clients tell their stories in the most impactful ways possible through meeting creative, brand voice, presentations that matter, engineered delight, speaker training/workshops, and keynote addresses, resulting in consistent and upward trajectory since inception.

Read this case study

Read by 6,386 founders

3. Personal Growth Base ($120K/year)

came. One of the most important lessons I learned is that success doesn't happen overnight. It takes time, dedication, and consistency to build a successful business. Additionally, I learned the power of personal connections and the importance of over-delivering and providing value to customers.

Is it profitable? Yes
How much money it makes: $120K/year

How I Started A $10K/Month Personal Growth Advice Business

A 22-year-old entrepreneur from Vienna built a $10k/month personal growth business by executing ideas quickly and targeting needs, as well as delivering quality services and personal connections to his customers.

Read this case study

Read by 19,566 founders

Learn more about starting a leadership coaching business:

Where to start?

Need inspiration?

-> Other leadership coaching business success stories

Other resources

How much can you make with a leadership coaching business?

With a leadership coaching business, you can make an average of $582K revenue per year (based on data reported by real businesses).

You can start with an initial investment as low as $500. Then, with proper knowledge and sustained effort, you could have an ROI (return of investment) within months.

How much does a leadership coaching business make a week?

Based on our data, average weekly revenue for a leadership coaching business ranges around $12.1K. As such, you could see monthly revenues of $48.5K.

To know if your leadership coaching business achieves the weekly profit target, you need to keep track of the total earnings you get per day. Afterward, you'll want to consider subtracting the expenses you have daily.

Learning your weekly profit can also show whether you're hitting your target goal for your leadership coaching business.

How much do leadership coaching businesses owners make?

The income of a leadership coaching business owner can vary depending on various factors such as location, size, competition, and the owner's business skills.

But to give you some idea, the weekly revenue of an established leadership coaching business is about $12.1K. But this can be lower or higher depending on so many factors - it's almost impossible to say exactly.

While the potential for earning a good income as a leadership coaching business owner exists, success in this field requires a commitment to providing quality products and services and building a strong reputation within the community.

Leadership Coaching Business Profit Margins

Generally speaking, a leadership coaching business can expect profit margin of around %. Profit margins refer to the percentage of revenue that remains after deducting all expenses associated with running a business. In the case of a leadership coaching business, profit margins can vary depending on various factors, such as the type and quality of products sold, the size of the store, and the level of competition in the area.

However, these figures can vary depending on the pricing strategy, inventory management, and overall efficiency of the business. To maintain healthy profit margins, leadership coaching business owners must focus on managing costs, negotiating favorable supplier terms, and providing high-quality products and services to attract and retain customers. By doing so, leadership coaching business owners can ensure long-term sustainability and profitability for their business.

Leadership coaching business owner salary

The salary of a leadership coaching business owner is an unpredictable figure. It's significantly influenced by numerous factors, including the store's location, its size, and the degree of competition. An owner of a well-established leadership coaching business, in a prime position, might see an average weekly salary around the ballpark of .

But it's worth noting, such numbers aren't always consistent. The earnings can vary wildly, potentially swinging by as much as 80% either way.

Achieving consistent success and maintaining a reliable income stream in this industry requires a deep commitment. It's imperative to offer high-quality products, deliver impeccable customer service, and nurture a trusted bond with the community you serve.

Conclusion

In a nutshell, based on many of our examples, a leadership coaching business may be a promising business to start - but the success of your leadership coaching business mostly depends on your effort and your approach.

If you focus on these, you'll have a much higher chance of a profitable leadership coaching business.