Top Home Business
of the 21st Century
The workers of the future
10 Tips for Working
from a Home-Based Office
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you by email each time we publish a new issue!
14 -1, 1999
ICF (International Coaching Federation) Annual International
Orlando Florida For details, see www.coachfederation.org
Coaching Skills Weekends:
29, 30, 1999, San Francisco, CA
November 5 - 6, 1999, Orange County, CA
November 19 - 20, 1999, New York, NY
For details or how to register for Free Coaching Skills Weekends visit
& Soul Workshop
with Cheryl Richardson,
Coach and Author
October 22 - 25, 1999
November 5-8, 1999
Fort Lauderdale, FL
November 12 -14, 1999
San Francisco, CA
For details, visit www.omega-inst.org
your 2000 calendar!
Coaching Tour - Thomas Leonard Author of The Portable Coach,
Simply Brilliant, Becoming A Coach and the founder of Coach U will be
offering free 3 hour workshops in 50 cities across the USA during the
first half of 2000. Beginning November 1st, visit www.coachulive.com
for details on cities and dates.
March 13 -15, 2000
Corporate Coaching 2000 Conference,
Toronto, Canada - for those interested in offering coaching to corporations
and corporations interested in incorporating coaching into their corporate
culture. For details or to register visit www.coachulive.com
June 14-17, 2000 Coaching
2000 2nd Annual Coach U Training Symposium, Atlanta, GA. Details available
soon on www.coachulive.com
readers! To the inaugural issue of what promises to be an exciting
and informative web-based newsletter designed to serve you, the
coaching community. Our goal is simple. To provide you with an informative
and interesting look at our profession. From various viewpoints
and with varying points of emphasis.
we want you to have a newsletter you will find interesting and fun
to read! So, though there are no cartoons in this issue don't count
them out! In this issue we have gathered some interesting articles,
provided you with news you can use and given you a taste of what's
to come. We hope you will find value and, hey, at least it's in
The Top Home Business of the 21st Century
believe most people have the capability to change and improve their
lives without plumbing the depths of their psyches and you'd like
to help others fulfill their potential, personal coaching may be
the field for you. Coaching is a way of transforming and distilling
the core knowledge of many fields to improve the human condition
by working one-on-one with individuals. Most of the time you work
over the telephone, meaning you can work from anywhere!
crystallized as a distinct field in 1992 when Thomas Leonard, a
financial planner, created public awareness of coaching by founding
CoachU. People had been coaching prior to that time but called it
consulting, counseling or something else. Coaches emphasize that
what they do differs from what's done in these fields. Coaches mostly
listen, then ask questions, offer strategic advice, give clients
a nudge, and sometimes give direct feedback, such as "Your business
is on the road to failure." Conversation is the basic mode of coaching,
but coaches will also engage in role-playing, use assessment tools
that clients complete, and assign clients books to read.
is a growing phenomenon inspired by the realization that big organizations
no longer reward loyalty and hard work with lifetime employment.
Today, coaches provide relationship and structure for people seeking
business or career success. They also help people with all kinds
of issues because it's becoming generally recognized that the lines
between work life and personal life blend with one influencing the
Skills and Personal Qualities Required:
- Life experience
and practical wisdom
curiosity, sensitivity, open-mindedness and "people" oriented.
- Ability to
ask provocative questions.
- Courage to
tell clients the truth.
Home Business (cont.)
- Low overhead.
- Work from
telephone appointments can bring full-time income in two days
- Once established,
a steady, predictable income.
fulfillment that comes from working with people you choose to
to become isolated.
- No passive
$3,000 - $10,000 depending on level of training and equipment desired.
- From $200
to $1,000 per month for weekly half-hour phone sessions.
- Some coaches
work on a short-term basis, typically at $50 to $200 an hour.
coaches may command $500 per session.
coach working 48 weeks a year, doing 30 weekly half-hour sessions
at $50 apiece will gross $72,000.
of What the Market Will Be:
is growing rapidly and the reasons for its growth should continue
to propel it. Attempts to license coaching, spurred by licensed
professions, may or may not be successful.
was submitted by Paul and Sarah Edwards, authors of "The Best Home
Businesses for the 21st Century." Check out their book for
information and strategies on developing your home-based business
or visit their website at www.paulandsarah.com.
Other related links:
10 Tips for Working from a Home-Based Office
great name will serve you for the life of your business. Robert
Gerrish explains how in Naming