A mindset coach is someone who helps people to change the way they think about situations, which can help them to make better decisions so that they are happier and more successful. You would need a mindset coach if you had self-defeating thoughts or beliefs, or wanted to improve your decision-making skills. Your coach would help you to develop a positive attitude and confidence, which would then lead to making better decisions.
A mindset coach can get paid anywhere from $50 per hour up to $10,000 per day depending on their experience and clout. On average they make around $70 per hour. Most work online, but some are based in person. They might offer a free initial consultation so that they can figure out whether you would be a good fit for the coaching sessions that they provide.
Typical clients of mindset coaches are professionals, such as dentists and lawyers, and entrepreneurs who have a high income. They typically spend around $2,000 to $4,000 per month on coaching, if not more.
How does the mindset coach salary work?
Here are a few examples of how much mindset coaches charge, based on their experience and the number of coaching clients they have:
If you want to pay upfront, the typical rate is $50 per hour. You would pay a one-off fee of around $500 to sit down with the mindset coach and discuss your goals. The online coaching services also generally charge upfront fees ranging from as low as $100 to as much as $1,000. For example, a 3-month package of coaching is $1,000. If you wanted to try out the service first, you could pay $147 for a first session of coaching.
If you were to get an ongoing contract for monthly coaching, you’d pay around $1,000 for 2 hours per month. The typical rate is around $70 per hour. You’d get a 3-4 one-hour sessions per week, for example, for 8 weeks. (The minimum number of sessions is 1.)
If you wanted to go on the monthly payment plan and pay in advance, then the typical rate is around $50 per hour. You’d pay a one-off fee of around $500 to sit down with the mindset coach and discuss your goals.
If you wanted to go on the monthly payment plan and pay as you go, then the typical rate is around $70 per hour. As an example, if you wanted to go on a 3-month contract that included 2 hours of coaching per week (for 8 weeks), the total would be around $3,000.
A coach would charge more for a first session if it was in person. They might also charge more if they had to travel far or stay overnight.
Ways to earn money as a mindset coach
Of course the obvious here is that through your role as a mindset coach, you can earn money by charging your clients for your services. You’d likely need to market yourself and get new clients if you wanted to make more money in this field.
Here are some other ways in which you could earn money:
Give talks at conferences or corporate events. You might get paid $250 per hour or more for these depending on the size of the audience and whether they’re live-streamed. (Public speaking is a big part of being a mindset coach. You need to be able to enthuse your clients and help them to change their mindset and think positively about their situation.)
Coach online. You could sell e-books, apps, and other digital products, for example. People are always looking for tips and advice on how they can improve themselves or achieve more goals, so you could create e-books or courses that they can buy. This could be in the form of apps and online courses, for example.
Donate some of your time to non-profit organizations. Many people at non-profits lack the funds they need to make changes to their organization, so they need the support of people such as you. You can help them with your expertise, so that they can improve their operations and make more of an impact with their mission.
Develop a website and set up a blog where you write about your experiences with mindset coaches. You could also offer guided clients on-line courses, to help them make specific changes to their mindset as well.
Start your own group coaching program that is aimed at helping other entrepreneurs, such as dentists or lawyers. You could charge these clients a monthly fee for the coaching, or you could charge up-front fees. You might offer them the chance to pay the ongoing course fees each month in advance, if they wanted.
How does someone become a mindset coach?
Mindset coaching is a very new area of coaching but is rapidly growing. You would need to have a business background, and you would likely need some training or certification to qualify as a mindset coach. Some non-profit organizations might sponsor your training and help you to gain skills in this sector. Mindset coaching takes place across many different categories, so there aren’t any official qualifications for the job.
You can also take online courses to help you develop your skills and introduce you to more people who are interested in the business of mindset coaching. There are a number of free courses available to help you become a mindset coach. For example, there’s an online course called Live Your Best Life: Mindset Coaching that runs over 12 weeks. You can also take online courses from some of the bigger players such as The Coaching Academy (three-day course) and The Mindset Institute (six-month course).
The International Coach Federation offers a certification process for coaches working in this field, which is similar to other certifications. If you’re serious about coaching and want to develop your skills, you could look into the ICF.
What does a mindset coach do? How will mindset coaching help me?
The ultimate goal of a mindset coach is to help their clients achieve long-lasting changes to their mindset. They can use their experience and knowledge of the science of psychology and human behavior to help their clients make real changes in their life.
The most important thing in mindset coaching is the relationship with your client. You need to know that your clients are taking action because they believe in themselves. They need to know that you are there for them and can help them, so they can trust you.
You should always be listening to your clients and asking what they want and how they want to achieve specific goals. Listening is the most important skill in coaching, as it helps you both to understand each other better and also gives you new ideas on how you could help them.
You’d need to offer your clients a range of coaching models, such as goal-setting, positive thinking, and psychology. You’d also need to give them advice and support on how they can change their current mindset in order to achieve their goals.
A good mindset coach has the following skills:
They can listen well. They understand what their clients want because they listen attentively to what they have to say.
They have a strong background in positive psychology. They know how to help their clients improve their confidence and self-esteem and become more positive about their abilities.
They have interpersonal skills. They structure the coaching sessions in a way that helps the client take action, so they can make real changes to their mindset and behavior.
They have good business skills. They know how to market themselves and are able to keep on top of new developments in the field of mindset coaching. They also know how to coach their clients to make a profit because they understand that mindset coaching is all about making real changes in people’s lives.